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FTIL shares up over 4.5% at close

Shares of Financial Technologies India (FTIL) ended over 4.5 percent higher after the company inked a pact with ace investor Rakesh Jhunjhunwala and others to sell its entire 5 percent stake in MCX-SX for Rs 88.41 crore.

FTIL contests CBI charges related to setting up of MCX-SX

Financial Technologies Tuesday contested CBI charges that it had violated Sebi norms by entering into a buy back arrangement with a nationalised bank while setting up MCX-SX, saying the matter has already been settled by the Supreme Court.

SAT concludes hearing of FTIL appeal, reserves order

The Securities Appellate Tribunal Thursday concluded the hearing and reserved its order on the Financial Technologies' appeal against a Sebi order declaring it unfit to own any stake in market infrastructure institutions like stock exchanges and clearing corporations.

FTIL gives extra 2 weeks to submit final bids for MCX stake

Jignesh Shah-led FTIL, which is divesting its stake in MCX, today said the board has given an additional two weeks to shortlisted investors to submit their final bids.

FTIL moves SAT against SEBI order on 'fit and proper' status

Financial Technologies, promoted by Jignesh Shah, has moved the Securities Appellate Tribunal challenging SEBI's ruling that the company was not fit to have stake in any stock exchange.

Jignesh Shah arrested in NSEL scam

The Financial Technologies and Multi-Multi Commodities Exchange (MCX) promoter Jignesh Shah was arrested Wednesday by the EoW of Mumbai Police for his alleged involvement in the Rs 5,600-crore National Spot Exchange Limited (NSEL) scam.

Jignesh Shah arrested in Rs 5,600-crore NSEL scam

Financial Technologies promoter Jignesh Shah was on Wednesday arrested by the Mumbai police in relation to the Rs 5,600-crore NSEL scam.

NSEL crisis: EOW files FIR against bosses, defaulters; conducts searches

The NSEL has been facing problems in settling Rs 5,600 crore dues of 148 members/brokers, representing 13,000 investor-clients, after it suspended trade on July 31 on the government's direction.