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SEBI relaxes norms for FTIL to divest stake in MCX

SEBI relaxes norms for FTIL to divest stake in MCX

Last Updated: Friday, August 22, 2014, 22:25

Commodity bourse MCX on Friday said that the capital markets regulator Securities and Exchange Board of India (Sebi) has relaxed norms to allow FTIL to bring down its stake to 1.99 percent in the commodity bourse.

FTIL Q1 net profit up 58% at Rs 128 cr

Last Updated: Wednesday, August 13, 2014, 23:33

The FTIL scrip fell by 4.86 percent to settle at Rs 268.20 on the BSE.

FTIL Q1 net profit up 58% at Rs 128 cr

Last Updated: Wednesday, August 13, 2014, 20:25

Financial Technologies (India) Ltd Wednesday posted 58 percent jump in standalone net profit at Rs 128.24 crore for the first quarter ended June 30, 2014-15, on account of higher income.

FTIL appoints investment banker to sell stake in IEX

Last Updated: Tuesday, August 12, 2014, 21:29

Financial Technologies on Tuesday said it plans to exit from exchanges businesses and has appointed investment bankers to sell its stake in the Indian Energy Exchange (IEX).

HC allows investors to make submissions on Shah's bail plea

Last Updated: Wednesday, August 06, 2014, 20:12

The matter has been adjourned till August 11.

SEBI relaxes norms for FTIL to divest stake in MCX

Last Updated: Monday, July 21, 2014, 22:30

To facilitate divestment by erstwhile promoters of MCX, SEBI has relaxed lock in period for such stake sale in the commodity bourse.

FTIL to sell 15% stake in MCX to Kotak Bank for Rs 459 cr

Last Updated: Sunday, July 20, 2014, 22:31

Jignesh Shah-led Financial Technologies on Sunday said it has signed an agreement to sell 15 percent stake in MCX to Kotak Mahindra Bank for Rs 459 crore.

FTIL sells MCX 4% stake for Rs 154cr; holding drops to 20%

Last Updated: Wednesday, July 16, 2014, 20:03

Financial Technologies on Wednesday offloaded four percent stake in MCX for about Rs 154 crore, bringing down its shareholding to 20 percent.

SAT concludes hearing of FTIL appeal, reserves order

Last Updated: Thursday, June 26, 2014, 23:08

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's stake in MCX to be sold via offer for sale

Last Updated: Monday, June 23, 2014, 18:32

India's leading commodity exchange, Multi Commodity Exchange (MCX) has been permitted to sell its 24 percent stake in Financial Technologies India Ltd (FTIL) via offer for sale.

Jignesh Shah's bail plea hearing to continue Wednesday

Last Updated: Wednesday, June 11, 2014, 00:47

The hearing on the bail plea of Jignesh Shah, the chairman of Financial Technologies (India), and former MCX CEO Shrikant Jawalgekar, arrested in connection with the Rs 5600-crore repayment issue at the National Stock Exchange Ltd, was adjourned to tomorrow by a local court today.

E-series investors redeem 85.5kg gold, Rs 140cr cash from NSEL

Last Updated: Tuesday, June 10, 2014, 17:26

National Spot Exchange Ltd (NSEL), a subsidiary of Jignesh Shah-led Financial Technologies India Ltd.