Financial Technologies India

Financial Technologies India News

FinMin questions CBI enquiry against ex-Sebi chief Bhave, member Abraham

Since then, the Jignesh Shah-promoted National Spot Exchange Ltd (NSEL) has been in the eye of a controversy and is facing probes since it defaulted on payments of over Rs 5,600 crore to investors.

MCX board asks parent FTIL to cut stake by 2%

FMC had decided that FTIL had breached the ‘fit and proper’ requirement to be an anchor investor in MCX.


NSEL crisis: Jignesh Shah quits MCX to blunt FMC's fit & proper notice

Shah's resignation does not insulate FTIL from the accusations or the wrongdoings.

NSEL crisis: Jignesh Shah,Joseph Massey step down from MCX-SX board

NSEL is facing crisis due to non-payment of dues to 13,000 investors.

FMC says Jignesh Shah also key management,not just Anjani Sinha

Group defined as 'key management personnel' included Shah and MCX-SX CEO Joseph Massey.

Jignesh Shah's MCX dilutes stake in Dubai Gold and Commodities Exchange

MCX held 10% stake in Dubai Gold and Commodities Exchange when it began ops in 2005.


Jignesh Shah's NSEL offers faster route to clear dues to e-series investors

E-series contracts are those in which retail investors can buy and sell commodities in demat form.

Financial Technologies India shares pare early gains,stock falls 4.5 pct

Shares of FT Group promoted MCX also fell by 1.71 per cent to Rs 402.15.

NSEL crisis: Financial Technologies' Jignesh Shah says he is victim of 'fraud'

Amid heavy police bandobast due to protesting investors,Jignesh Shah said his reputation's been hit.

NSEL crisis: Financial Technologies shares nosedive over 14% as auditor withdraws report

Financial Technologies's auditor Deloitte Haskins & Sells has withdrawn its audit report.