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FTIL's stake sale: Forward Markets Commission to meet on May 6
Commodity markets regulator FMC will meet on May 6 to decide the next course of action against MCX as the deadline for complying with its order to ensure that erstwhile promoter FTIL reduces its......
Financial Technologies not keen to merge with NSEL
FTIL on Tuesday opposed the merger of scam-hit NSEL with itself as proposed by regulator FMC for speedy recovery of dues, saying that such a move would affect the Jignesh Shah-led company and......
Merge NSEL with Financial Technologies, says regulator
Stating that crisis-hit NSEL is "bereft of any credibility", regulator FMC on Tuesday said it has recommended the government to consider merger of the spot commodity exchange with its promoter FTIL......
All eyes on Sebi after FMC's decision on FT
Following the Forward Markets Commission’s ruling declaring the Financial Technologies India Limited unfit to operate an exchange, the spotlight is now on the Securities and Exchange Board of......
FMC's ruling most severe on Jignesh
The Forward Markets Commission’s order declaring Financial Technologies, the parent of Multi Commodity Exchange, not ‘fit and proper’ to run a bourse, has said group founder......
Many hits, some misses by Sebi under U K Sinha
The second-longest serving chairman introduced quite a few measures for the primary market and implemented a new corporate governance framework. UK Sinha’s six-year term as chairman of the......
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