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Annual Report 2013-14
FTIL Annual Report 2013-14
The challenge is to recognize the challenge and the change within. Those who do overcome this challenge, and welcome the change create opportunities for themselves.
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Order Copy of Honourable Bombay High Court granting bail to Mr. Jignesh Shah, Managing Director of FTIL
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  • Financial Technologies Exits MCX, Kotak Mahindra Bank concludes SPA with FTIL
  • “FTIL has built many world class financial institutions such as MCX, SMX, IEX and NBHC. The Singapore Mercantile Exchange (SMX) was acquired by the world’s leading Exchange group, Intercontinental Exchange Group Inc. (ICE), while NBHC, the warehousing and collateral management company was acquired by one of the India’s oldest and leading Private Equity – IVF (India Value Fund) and the recent MCX’s acquisition by Kotak Mahindra Bank is a testimony to FTIL’s capability to build such world class institutions in challenging environment and attract blue chip investors and corporate houses for their stake sale against all odds.”
    Mr. Anil Singhvi, Chairman, Ican Investment Advisors Pvt. Ltd.
    “We are happy the deal was concluded in a record period of time. The entire process was undertaken transparently through a Board appointed committee.”
    Mr. Nimesh Kampani, Chairman, JM Financial Group
    “I would like to congratulate Kotak Mahindra Bank on successful completion of the transaction. I am confident that Kotak Mahindra Group will contribute as significant minority shareholders towards the growth of the Exchange. We look forward to a constructive partnership with MCX as their technology partner.”
    Mr. Jignesh Shah, Founder & Managing Director, FTIL
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