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NSEL-FTIL merger News

15 Oct 2015

ED opposed merger of NSEL with FTIL: FinMin

The Enforcement Directorate (ED) had opposed merger of the crisis-hit National Spot Exchange Ltd (NSEL) with Jignesh Shah-promoted FTIL, saying such a move would impede investigation in the Rs 5,600-crore payment scam, the Finance Ministry said Thursday.

National Spot Exchange Limited

07 Aug 2015

Conclude NSEL-FTIL merger process by Oct 31: HC to Ministry

The Bombay High Court Friday directed the Union Ministry of Corporate Affairs to complete by October 31 the process of passing final order on the proposed merger of National Spot Exchange of India with Financial Technologies (India) Ltd (FTIL).

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