India: FTIL faces investor ire for selling DGCX stake for a song

Photo: Abhijit Bhatlekar/Mint

Financial Technologies (India) Ltd (FTIL) has been criticized by experts, analysts, proxy advisory firms and investors owed money by an affiliate firm, for allegedly selling for a song its significant stake in Dubai Gold and Commodities Exchange (DGCX) to its joint venture-partner Dubai Multi Commodities Centre (DMCC).

Continue reading this story with a subscription to DealStreetAsia.


Should your colleagues be reading this article too? Contact us for corporate subscriptions at