Investors see hope in FIU order on NSEL
FIU finds evidence of wilful violation and intention to avoid being regulated; Exchange appeals, says order flawed', 'bad in law'23-01-2016
23-01-2016
NSEL to pay Rs 1.66 cr fine in money laundering case
The now defunct commodity spot exchange has been asked to cough up Rs 1.66 crore penalty by the Financial Intelligence Unit.21-01-2016
Statement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015
Financial Technologies (India) Ltd has informed BSE regarding Quarterly Statement on Investor Complaints / Grievances Redressal Mechanism for the Quarter ended December 31, 2015, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.14-01-2016
NSEL recovers Rs 1,233 cr from 23 traders
The crisis-hit National Spot Exchange (NSEL) has claimed that it has secured recoveries worth Rs 1,233.02 crore from 23 defaulters who owe a total amount of Rs 4,515.93 crore.We have already secured...14-01-2016
CLB adjourns hearing to Jan 29 on FTIL case
The Company Law Board (CLB)on Wednesdayset the next hearing in the Financial Technologies Board supersession matter for January 29, while allowing all parties concerned to file their responses and ...14-01-2016
Financial Technologies (India) Ltd further reply to clarification sought by the exchange
The Exchange had sought further update with respect to Hon'ble Court matter to be held on January 12, 2016 from Financial Technologies (India) Ltd with respect to news article appearing in Mint on October 01, 2015 titled "FTIL barred from issuing dividend". Financial Technologies (India) Ltd replied stating "You will appreciate that the Company has already intimated to the stock exchanges and the 63,000+ shareholders on dividend matter....13-01-2016
Authorised KMPs to determine materiality of events/information
Financial Technologies (India) Ltd has informed BSE regarding "Authorised Key Managerial Personnel to determine materiality of events/information".21-12-2015
Financial Technologies (India) Ltd further reply to clarification sought by the exchange
The Exchange had sought further update with respect to Hon'ble Court matter to be held on December 16, 2015 from Financial Technologies (India) Ltd with respect to news article appearing in Mint on October 01, 2015 titled "FTIL barred from issuing dividend".Financial Technologies (India) Ltd replied stating "Please be informed that the next date of hearing in the matter of distribution of dividend to shareholders is scheduled on January 11, 2016."17-12-2015
FTIL case: CLB adjourns hearing to January 13 next year
The Company Law Board has adjourned to January 13 next year hearing on the MCA's petition to supersede the board of Financial Technologies (India) Ltd (FTIL). At a hearing hereon M...07-12-2015
Financial Technologies (India) Ltd further reply to clarification sought by the exchange
The Exchange had sought further update with respect to Hon'ble Court matter to be held on November 26, 2015 from Financial Technologies (India) Ltd with respect to news article appearing in Mint on October 01, 2015 titled "FTIL barred from issuing dividend".Financial Technologies (India) Ltd replied stating "Please be informed that the next date of hearing in the matter of distribution of dividend to shareholders is scheduled on December 16, 2015."27-11-2015