Financial Technologies (India) Ltd. gets sued for copyright infringement by American company
The Mint’s Jayshree P. Upadhyay, recently published a detailed report on how an American company, Modulus Financial Engineering Inc. has sued Financial Technologies (India) Ltd. before the Bombay High Court for infringing the company’s copyright in its trading software and has claimed $480 million dollars or Rs. 3,190 crores, in damages. FTIL is a company which has developed a reputation for being the rare Indian company to successfully develop software products for the financial markets. Its main clients are brokers […]






