MoneyWorks4Me

Financial Technologies to raise Rs 1,000 crore

07 Sep 2013 Evaluate

Financial Technologies (India) is planning to raise Rs 1,000 crore to fund its future growth opportunities. The company has already received its board's approval and is being placed before the shareholders for approval in the forthcoming Annual General Meeting (AGM) to be held on September 25, 2013 in Chennai. The company requires this money to acquire companies in the domestic/overseas markets to cater to future growth opportunities.

Financial Technologies is a flagship company of the Financial Technologies Group. It provides technology solutions and domain expertise for digital transactions and financial markets across all asset class including equity, commodities, currency and debt.

Peers
Company Name CMP
TCS 2118.00
Infosys 1031.65
HCL Technologies 1253.60
Wipro 164.95
Tech Mahindra 1540.90
View more..