Financial Technologies India

The regulator has sent show cause notices to Jignesh Shah, key management personnel and employees of Multi Commodity Exchange and 63 Moons, a source told Moneycontrol.

FTIL gets ED's attachment order of securities worth Rs 1065 cr

Stepping up action in the Rs 5,600-crore NSEL money laundering case, the Enforcement Directorate had on September 30, 2016, attached assets worth Rs 1,170 crore of FTIL.

NSEL PMLA case: ED attaches Rs 1,170 cr assets of FTIL

The agency said it has issued a provisional order under the Prevention of Money Laundering Act (PMLA), attaching bonds and securities worth Rs 1,065 crore (Rs 1,140 crore market value) and Rs 30 crore balance kept in a private bank in Mumbai of FTIL, now known as Ms 63 Moons Technologies Limited.

Jignesh Shah resigns as FTIL MD; will mentor the firm now

"Jignesh Shah will no longer hold any executive or managerial position in the company. ...Board invites Shah to be Chairman-Emeritus and Mentor to nurture and inspire entrepreneurship," FTIL said in a statement.

No protection to FTIL from HC now, next hearing tomorrow

FTIL and its promoter have filed a petition in the High Court challenging the recent FMC order which ruled that both were not fit to run any stock exchange in the country and asked for reducing its shareholding in MCX to 2 percent.

FT shares recover, up 33% on short covering; MCX stays down

According to a report in the Business Standard, NSEL may not find it easy to raise funds by selling the stock held in the warehouses, and settle the trades.

Financial Tech quoting ex-dividend

Financial Technologies (India) board of directors in their meeting held on August 06, 2012 has declared first interim dividend of Rs 2 per share (i.e. 100%). Further, the payment of first interim dividend shall be made on August 31, 2012.

Financial Technologies goes ex-dividend

Financial Technologies (India) in its board meeting held on August 06, 2012 has declared first interim dividend of Rs 2 per share (i.e. 100%). Further, the payment of first interim dividend shall be made on August 31, 2012.

MCX to launch currency options trading in one month

Shares of Financial Technologies India and MCX today shot up about 9.5%, after capital market regulator Sebi granted permission to their entity MCX-SX to operate as a full-fledged stock exchange.

Sebi Vs MCX-SX case: Bombay HC rules in favour of exchange

In what comes in as a big reprieve for the exchange, the Bombay High Court on Wednesday, ruled in favour of MCX-SX in its case against market watchdog Sebi, reports CNBC-TV18.

Will look at acquiring exchanges ahead: MCX

Shares in Multi Commodity Exchange (MCX) rose more than 37% on their trading debut on Friday, indicating a revival in investor appetite for share offerings after a lacklustre 2011.

Financial Tech launches exchange technology solutions

Financial Technologies (India) Ltd (FTIL) today said it has launched five new offerings in the power trading arena.

Fin Technologies 'refunds' Rs 180cr to IFCI in MCX-SX deal

Financial Technologies India on Wednesday said that it was repaying Rs 179.69 crore to financial institution IFCI under the terms of the deal for the 5% stake in MCX-SX. In July 2009, IFCI had paid Rs 251.56 crore for a 5% stake in MCX-SX, the stock exchange promoted by Financial Technologies.