News for '-financial-technologies'

Brokerages face Sebi fire in NSEL scam

Brokerages face Sebi fire in NSEL scam

Rediff.com7 Jun 2016

Sebi on April 4 gave the brokerages 60 days to have their books vetted by third-party auditors.

Bright lights, dark mood at Exchange Square

Bright lights, dark mood at Exchange Square

Rediff.com4 Nov 2013

MCX and MCX-SX are facing the worst crisis in their existence following the Rs 5,574 cr fiasco at the National Spot Exchange.

MCX-SX extends rights issue till April 17

MCX-SX extends rights issue till April 17

Rediff.com21 Mar 2014

MCX-SX on Friday said the rights issue would now close on April 17.

Markets gain marginally at close

Markets gain marginally at close

Rediff.com26 Nov 2014

The Sensex ended up 48 points at 28,386 and the Nifty gained 13 points to close at 8,476.

CBI set to probe NSEL crisis

CBI set to probe NSEL crisis

Rediff.com27 Sep 2013

I-T dept investigating black money angle; FM hints against bailout for bourse's investors.

Markets have a tepid closing, Nifty holds 8,500; Q1 earnings in focus

Markets have a tepid closing, Nifty holds 8,500; Q1 earnings in focus

Rediff.com13 Jul 2016

Investors sought to book profits at attractive valuations after recent run up in last few trading sessions.

Jignesh Shah exits MCX

Jignesh Shah exits MCX

Rediff.com30 Sep 2014

FMC approves commodity bourse's contract-launch calendar for two years.

'India is a great place to do business, come back. Jai Hind'

'India is a great place to do business, come back. Jai Hind'

Rediff.com13 Apr 2018

Businessman P C Mustafa wants Indian Americans to return home, Cognizant CEO Francisco D'Souza outlines how Indian tech companies could grow, Gaurav Dalmia has some investment recommendations while Subramanian Swamy warns that India is flirting with a debt trap.

MCX stake sale: Reliance Capital wants FMC to intervene

MCX stake sale: Reliance Capital wants FMC to intervene

Rediff.com26 Apr 2014

Largest bidder says FTIL not following correct process and MCX not extending cooperation; FTIL and MCX say cooperating fully

NSEL investors move Sebi against FT

NSEL investors move Sebi against FT

Rediff.com20 Nov 2013

The aggrieved investors of National Spot Exchange (NSEL) have moved the Securities and Exchange Board of India (Sebi) against Financial Technologies (FTIL), the listed promoter.

Jignesh Shah's fate hangs in balance

Jignesh Shah's fate hangs in balance

Rediff.com17 Oct 2013

The board will have to take a decision that he cannot remain a permanent director and also have to decide to whether to amend the article of association of the exchange in this regard.

NSEL fiasco: Exchange-broker-client nexus under lens

NSEL fiasco: Exchange-broker-client nexus under lens

Rediff.com27 Sep 2013

Preliminary investigations conducted by capital markets regulator Securities and Exchange Board of India and inputs from other regulators and government departments suggest that some brokers were offering structured financial products to their HNI clients under some portfolio investments schemes for high returns of 10-20 per cent.

NSEL defaults but pays off small investors

NSEL defaults but pays off small investors

Rediff.com28 Aug 2013

After defaulting for a consecutive time in paying its investors, National Spot Exchange Ltd (NSEL) got a Rs 177-crore (Rs 1.77 billion) lifeline from its main promoter, Jignesh Shah-run Financial Technologies.

New MCX chief faces a slew of challenges

New MCX chief faces a slew of challenges

Rediff.com6 Jan 2014

A Delhi University alumnus with an MBA in finance and a doctorate, Vaish started his career as a banker in 1984, became an academician a few years later and joined the capital market in 1998.

TechM may buy Polaris' IT services business

TechM may buy Polaris' IT services business

Rediff.com15 Jul 2013

Now sole contender as L&T Infotech quits race

MCX-SX may bring foreign investors

MCX-SX may bring foreign investors

Rediff.com16 Apr 2014

MCX has been struggling to raise funds with a rights issue, ending on Thursday.

Stocks with 100% returns: Think twice before you invest!

Stocks with 100% returns: Think twice before you invest!

Rediff.com27 Mar 2014

Financial advisors say, not to get carried away by stocks that promise high returns in short time.

After Infosys & Wipro, more IT cos invest in start-ups

After Infosys & Wipro, more IT cos invest in start-ups

Rediff.com14 Oct 2014

A company with a size exceeding $1 billion finds it really hard to innovate.

Markets end higher as S&P upgrades India outlook

Markets end higher as S&P upgrades India outlook

Rediff.com26 Sep 2014

S&P upgraded India's credit outlook to 'stable' from 'negative' earlier.

Why financial tech start-ups must be under scrutiny

Why financial tech start-ups must be under scrutiny

Rediff.com19 Jul 2016

Banking is first about trust and integrity and then about technology and the rest.

Startups get $8.4 bn funding in 2015; nearly 1,000 deals inked

Startups get $8.4 bn funding in 2015; nearly 1,000 deals inked

Rediff.com26 Dec 2015

The industry is looking at a promising 2016, though experts and even the investors anticipate correction on the valuation side

Two bogus traders and an innocent exchange

Two bogus traders and an innocent exchange

Rediff.com2 Sep 2014

If at all it was some great strategy, the delay has only helped the person they eventually arrested.

Rakesh Jhunjhunwala made $1 mn a day in one year

Rakesh Jhunjhunwala made $1 mn a day in one year

Rediff.com28 Aug 2014

Big bull's holdings cross Rs 7,200 crore (Rs 72 billion).

NSEL case: CBI files criminal case against Jignesh Shah, Sebi officials

NSEL case: CBI files criminal case against Jignesh Shah, Sebi officials

Rediff.com26 Aug 2014

Though the agency did not include former Sebi chief CB Bhave and ex-member KM Abraham in the case, it recommended departmental action against the two.

India to sign 'package of deliverables' with UK during Modi's visit

India to sign 'package of deliverables' with UK during Modi's visit

Rediff.com5 Nov 2015

India and the United Kingdom are set to sign a "package of deliverables" during Prime Minister Narendra Modi's first visit here that will also see discussions over cooperation in sectors like nuclear energy and defence.

Markets end lower, rate sensitives weigh

Markets end lower, rate sensitives weigh

Rediff.com7 Jun 2013

The 30-share Sensex ended down 90 points at 19,429 after hitting an intra-day low of 19,398 and the 50-share Nifty ended down 40 points at 5,881 after touching an intra-day low of 5,871.

NSEL promoter Shah, ex-CEO Sinha blame each other for fraud

NSEL promoter Shah, ex-CEO Sinha blame each other for fraud

Rediff.com26 Oct 2013

Jignesh Shah, the promoter of National Spot Exchange Ltd (NSEL), and its former CEO Anjani Sinha on Friday traded charges in connection with the multi-crore payment crisis at the crippled bourse which has affected over 13,000 investors.

Sensex falls on US policy woes, F&O expiry looms

Sensex falls on US policy woes, F&O expiry looms

Rediff.com25 Sep 2013

The broader markets ended mixed with mid-caps gaining 0.1 per cent and small-caps falling 0.1 per cent on the BSE.

MCX-SX case: CBI to quiz SEBI chief, Damodaran

MCX-SX case: CBI to quiz SEBI chief, Damodaran

Rediff.com18 May 2014

The Central Bureau of Investigation (CBI) will soon quiz Securities and Exchange Board of India (SEBI) Chairman U K Sinha as well as former head of the regulatory body M Damodaran in connection with a Preliminary Enquiry (PE) to probe granting sanction to Jignesh Shah-founded Financial Technologies (India) and MCX-SX.

Sensex ends 200 points lower; Tata Steel among main losers

Sensex ends 200 points lower; Tata Steel among main losers

Rediff.com12 Sep 2013

The main losers on the Sensex were Tata Steel, Hero Moto, BHEL, ONGC & Maruti Suzuki.

Markets herald Samvat 2071 on a positive note

Markets herald Samvat 2071 on a positive note

Rediff.com24 Oct 2014

Sensex closed 63.82 points higher at 26,851.05 in Muhurat trading; Nifty rises 18.65 points to end at 8,014.55.

Sebi asked to disclose details on grant of licence to MCX-SX

Sebi asked to disclose details on grant of licence to MCX-SX

Rediff.com20 Jan 2014

Hearing an appeal against the market regulator's denial of information sought through Right to Information Act, the Appellate Authority has ruled the process relating to grant of recognition of MCX-SX in 2008 has been completed.

Indian banks develop an appetite for start-ups

Indian banks develop an appetite for start-ups

Rediff.com21 Apr 2016

Lenders taking up incubator-style roles with small investments in start-ups

Uncertainty looms large at the Delhi Stock Exchange, what next?

Uncertainty looms large at the Delhi Stock Exchange, what next?

Rediff.com9 Oct 2015

Delhi Stock Exchange's (DSE) struggle to end its life without hurting the diverse interests of its multiple stakeholders will continue into another year.

All eyes on Sebi after FMC's decision on FT

All eyes on Sebi after FMC's decision on FT

Rediff.com19 Dec 2013

The stock market watchdog had said any adverse findings by other regulators might have a bearing on the exchange.

'Demonetisation was a destructive distraction'

'Demonetisation was a destructive distraction'

Rediff.com19 Jun 2017

'If the government had not spent an incredible amount of energy on demonetisation it may -- may, because it had not done anything the previous six months either -- have been able to pay attention to the deeper problems of low investment and job creation.'

Markets end lower ahead of RBI policy review

Markets end lower ahead of RBI policy review

Rediff.com29 Sep 2014

Markets ended tad lower with financials declining the most ahead of RBI policy review tomorrow.

MCX sees bank guarantee withdrawal by brokers

MCX sees bank guarantee withdrawal by brokers

Rediff.com9 Aug 2013

Brokers have only kept guarantees for which they have open positions.

Investors in Indian commodity exchanges jump ship

Investors in Indian commodity exchanges jump ship

Rediff.com7 Feb 2014

It will be the first to go, in what has become an overcrowded segment since India first allowed futures trading in commodities in 2003.

Sensex ends above 300 points on RBI measures for infra bonds

Sensex ends above 300 points on RBI measures for infra bonds

Rediff.com16 Jul 2014

BSE Sensex ended at 25,549.72 up by 321 points or 1.27% and the Nifty ended 7624.40 up by 97.75 points or 1.30%.