Daily Archive: November 6, 2015

FTIL concludes sale of 1.58% stake in IEX

Financial Technologies (FTIL) today said it has concluded sale of 1.58 per cent equity stake in power bourse IEX on a fully diluted basis to investment entity Madison India Opportunities III. “With the conclusion...

Cabinet approves bailout plan for revival of Discoms

Cabinet approves bailout plan for revival of Discoms Friday November 6 2015 New Delhi The Union Cabinet today approved the financial bailout for revival of Power Distribution companies (Discoms ) mooted by Power Ministry....