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Financial Startup Is Promising A Revolution; Wall Street Is Pushing Back
One of the most feared men on Wall Street recently gave a tour of his offices with a confident glee. From one window on the 44th floor, there is a view of the Statue of Liberty. On the other side is One World Trade Center.
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FTIL Asked to Transfer Stake in IEX to Trust Account by July 2
Financial Technologies India Ltd (FTIL), which holds around 26 per cent stake in IEX, is divesting its stake in the bourse following a direction from the Central Electricity Regulatory Commission (CERC) in May last year in the wake of the Rs 5,600-crore payment crisis at the group firm NSEL.
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Electricity Watchdog Gives More Time to Financial Technologies for IEX Stake Sale
Against the backdrop of payment crisis at FTIL group firm National Spot Exchange Ltd (NSEL), the regulator in May had directed the company to sell stake in the power exchange by September 30.
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Financial Startup Is Promising A Revolution; Wall Street Is Pushing Back
One of the most feared men on Wall Street recently gave a tour of his offices with a confident glee. From one window on the 44th floor, there is a view of the Statue of Liberty. On the other side is One World Trade Center.
-
FTIL Asked to Transfer Stake in IEX to Trust Account by July 2
Financial Technologies India Ltd (FTIL), which holds around 26 per cent stake in IEX, is divesting its stake in the bourse following a direction from the Central Electricity Regulatory Commission (CERC) in May last year in the wake of the Rs 5,600-crore payment crisis at the group firm NSEL.
-
Electricity Watchdog Gives More Time to Financial Technologies for IEX Stake Sale
Against the backdrop of payment crisis at FTIL group firm National Spot Exchange Ltd (NSEL), the regulator in May had directed the company to sell stake in the power exchange by September 30.
