Financial Technologies: Latest News and Updates, Top Stories, Videos, Photos About Financial Technologies

Jignesh Shah Arrest: 5 Things To Know About The NSEL Scam

Jignesh Shah owned National Spot Exchange (NSEL) was promoted by Financial Technologies India Ltd, owned by Jignesh Shah. CBI today arrested promoter of FTIL and commodity promoter of MCX, Jignesh Shah in a case of alleged cheating and suppression of facts in ...

Financial Technologies Rallies 6% on Stake Sale

Financial Technologies rallied more than 6% on Wednesday after the reports that it has signed a deal with topnotch investor Rakesh Jhunjhunwala, financial major Edelweiss and others. Financial Technologies came under pressure after Jignesh Shah, chairman and group chief ...

MCX, Financial Technology stocks drop on Jignesh Shah arrest

Shares in Financial Technology and MCX fell sharply after the promoter of these companies was arrested in connection with irregularities. The stock of MCX was down 5 per cent, while Financial Technologies stock also dropped 5 per cent. Jignesh Shah, ...

Sensex, Nifty open higher on strong global cues

The Sensex and the Nifty opened the day higher on the back of strong global cues with most of the Asian markets trading higher. Among the stocks that gained in early trade were metal names like Hindalco, Tata Steel and Jindal ...

Shares in FT recover despite SEBI saying company unfit to run exchange

Shares in Financial Technologies, which hit an intra day low of Rs 368, recovered to trade at Rs 378, despite capital market regulator saying the company was not fit to run an exchange. SEBI has given the company 90 days ...

Financial Tech hits 5% upper circuit on hopes of Tech Mahindra buyout

Shares in Financial Technologies rallied as much as 5 per cent on reports that Tech Mahindra is likely to buy a majority stake in the company. The stock was last seen locked at the upper end of the circuit filter ...

Financial Technologies sees profit booking after rally

Shares in Jignesh Shah controlled Financial Technologies dropped after rallying substantially on Tuesday following a stake sale announcement in the Singapore Mercantile Exchange (SMX) to ICE Singapore Holdings Pte Ltd. for USD 150 million or roughly Rs 930 crore. The ...

Financial Tech shares surge 11% on deal to sell SMX stake

Mumbai, Nov 19: Shares of Financial Technologies (India) Ltd today shot up by 11 per cent after the company said its unit will sell its stake in Singapore Mercantile (SMX) to ICE Singapore Holdings Pte Ltd for $150 million (about Rs ...

NSEL fraud: Peons, guards were directors at defaulting firms

Mumbai: At least two of the 27 companies that defaulted in making payments to the beleaguered National Spot Exchange (NSEL) were found to have appointed peons and security guards as "dummy" directors, said an official involved in the probe into Rs ...

MCA widens NSEL probe; seeks details of related entities

NEW DELHI: Widening its probe into the NSEL matter, the Corporate Affairs Ministry has sought financial reports and other details from the spot exchange's parent firm FT Group and other related entities. National Spot Exchange Ltd (NSEL), promoted by Jignesh ...

Stocks that brokerages are betting on for the long term

Markets have seen immense volatility in the month of Sept, thanks to the Fed FOMC meet and India's own monetary policy meet. Here are few stocks that brokerages in India are betting on for long term investment. Greaves Cotton ...

Sebi seeks details from brokers about exposure to NSEL

Mumbai: Market regulator Sebi has sought details from various brokers about their direct and indirect exposure to the National Spot Exchange Limited (NSEL), even as shares of its listed group entities Financial Technologies and MCX continued to bleed for the second ...

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