Wipro helps Thailand move towards fully digital economy via blockchain

Wipro Ltd said it has helped deploy a new information technology system to kick off the digitization of the currency in Thailand. The achievement marks a small, but crucial step in what many consider the inevitable evolution of money into a more convenient digital format. DIGITAL PAYMENT vs BLOCKCHAIN At present, digital money is handled […]

Enforcement Directorate moves to attach FTIL’s Rs 1065 cr Demat assets

63 moons technologies ltd, formerly known as Financial Technologies, said it received a provisional attachment order from the Directorate of Enforcement, Mumbai, attaching securities amounting to face value of Rs 1,065 crore in its demat account. In India, shares and securities are held electronically in a dematerialized (or “Demat”) account, instead of the investor taking […]

Enforcement Directorate freezes Demat accounts of FTIL

63 moons technologies ltd, formerly known as Financial Technologies, said the Directorate of Enforcement, Mumbai has requested the National Securities Depository Ltd. and Central Depository Services (India) Ltd to freeze the Demat Account of the company maintained with them. In India, shares and securities are held electronically in a dematerialized (or “Demat”) account, instead of […]

Enforcement Directorate moves to attach FTIL’s Rs 306.70 cr mutual fund assets

63 moons technologies ltd, formerly known as Financial Technologies said it received a provisional attachment order from the Directorate of Enforcement, Mumbai, attaching mutual funds amounting to Rs 306.70 crores. The company is taking appropriate steps in consultation with the legal counsel of the company in this matter, it said. The move comes a day […]

Supreme Court stays CERC order on transfer of FTIL shares in IEX

Financial Technologies said that the Supreme Court has stayed an earlier order by the Central Electricity Regulatory Commission directing Indian Energy Exchange to transfer its shares in the exchange to a trust. The CERC issued the order on June 26, 2015, directing FTIL (Financial Technologies) to transfer its entire shareholding in the Trust Demat Account […]