Jignesh Shah, the billionaire whose firm is at centre of controversy involving Gandhis' farmhouse

Shah became a billionaire before he turned 40 after setting up FTIL.

Opposed to merger with FTIL, says NSEL

Terming it “illegal and malafide”, NSEL opposed the ministry of corporate affairs’ (MCA) proposal to merge the firm with its parent company Financial Technologies (India) Ltd (FTIL).


FTIL readies settlement plan, some investors not impressed

FTIL through its legal advisors had submitted a “without prejudice” proposal to the finance ministry on March 13.

Jignesh Shah quits as FTIL MD, Desai to succeed him

Shah will no longer hold any executive or managerial position in the company.

‘Order unfair on minority shareholders’

An email sent to Blacktone, which owns 7.02 per cent stake in FTIL, went unanswered.

Govt orders merger of NSEL with parent company FTIL

Move to ensure recovery of dues for investors hit by Rs5,600-cr ‘fraud’.


Reeling under payment crisis, FTIL to exit bourse business

The earlier deadline set by the board for the sale was September 30; however, that may be delayed by a few weeks.

Bombay HC grants bail to Jignesh Shah in NSEL case

Justice AM Thipsay said the transactions in question were being entered through brokers who had knowledge of the commercial market.

LawMin no to MCA proposal on taking control of FTIL

Terming that the legal provisions do not apply in the case, the law ministry has limited the scope of action on NSEL and Multi Commodity Exchange.

FTIL gives extra time to submit bids for MCX stake

The guidelines include a requirement for entities declared unfit to run an exchange to divest their entire stake immediately.