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FTIL's exit from MCX-SX is complete

Last Updated: Wednesday, April 15, 2015, 22:00

Crisis-hit Financial Technologies India Ltd (FTIL) Wednesday said it has completed the sale of its entire 5 percent stake in MCX-SX for nearly Rs 89 crore, thus exiting the bourse.

Govt plans to promote start-ups on IoT tech

Last Updated: Sunday, April 12, 2015, 14:00

The government is mulling offering incentives to VC-funded start-ups, which work on Internet of Things technologies, as it aims to attract such early stage funding as well as tap the huge potential of this sector for a boost to 'Make in India' programme.