FTIL-NSEL swap ratio finalised; NAFED to get 38 shares
The government has finalised the share swap ratio for the proposed merger of crisis-hit NSEL with its parent Financial Technologies, which itself will not get any share.
Apr 10, 2015, 18:02 PM IST
FTIL offers Rs 1000cr settlement plan; brokers reject proposal
Financial Technologies today said it has submitted to the government a Rs 1,000-crore settlement plan, including Rs 500-crore to be contributed by brokers, to clear the claims of small and mid-sized investors on scam-hit National Spot Exchange Ltd (NSEL).
Mar 31, 2015, 16:44 PM IST