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Zerodha, Groww, Angel One, Upstox get Gift City nod to offer US stocks to Indian investorsLeading Indian fintechs Groww, Zerodha, Angel One, and Upstox have secured licenses from IFSCA to offer international equity investing to I...
Fintechs trade the wild west for regulatory licencesIndia's leading fintech firms, once disruptors, are now actively seeking regulatory licenses to ensure sustainable growth. Companies like P...
Account aggregator Finvu secures $15 million from WestBridge Capital, existing investorsFinfactor, parent of account aggregator Finvu, has secured $15 million in a funding round led by WestBridge Capital. The capital will fuel ...
US trading platform Bakkt to acquire stake in Indian brokerage Transchem, offer access to global securitiesBakkt —launched by NYSE parent Intercontinental Exchange (ICE) in 2018 as a digital asset trading platform — is looking to offer regulated ...
Nithin Kamath on why Zerodha has intentionally held back on enabling AI-driven order placementZerodha CEO Nithin Kamath revealed the firm has intentionally avoided AI-driven order placement. Instead, it’s focused on backend upgrades ...
MobiKwik arm gets Sebi nod to operate as stock brokerOne MobiKwik Systems: MobiKwik’s broking arm, MobiKwik Securities, has received Sebi’s nod to act as a stockbroker and clearing member. The...
Zerodha's Nithin Kamath on JioBlackRock's stockbroking license: Deep pockets won't helpZerodha's Nithin Kamath believes that first-generation founders pose a greater competitive threat than Jio-BlackRock in the broking busines...
Online bond platform companies set up industry bodyThe executive committee of the new body – called the OBPP Association of India – was formalized at a meeting on May 28 at the NSE’s office ...
Avoid ‘get-rich-quick’ approach and be a long-term investorIn recent years, the means or channels to reach investors have increased. Investors who are overpowered by greed fall prey to shenanigans t...
Stable Money secures online bond platform licence from SebiBengaluru-based startup Stable Money obtained the OBPP license from Sebi, allowing them to offer online platform for company bonds. The lic...
Scott Swift's email reveals family dynamics amid Taylor Swift's lawsuitTaylor Swift, the internationally acclaimed music sensation, has consistently highlighted her strong bond with her father, Scott Swift, und...
Coinswitch launches umbrella entity PeepalCo, restructures businessFounder Ashish Singhal said he will assume the role of group CEO, Vimal Sagar Tiwari as group chief operating officer, and Govind Soni as g...
How to open a demat account for minors, documents required and other things to keep in mindA parent can choose to open a demat account in the name of their minor son or daughter in order to gift them various securities like shares...
Coinswitch plans to launch service for trading of Indian stocksCoinswitch had earlier announced plans to offer conventional investment products like mutual funds, US stocks, etc., widening its scope bey...
In win for Robinhood, judge declares Massachusetts investment advice rule invalidThe Massachusetts rule went beyond a standard the U.S. Securities and Exchange Commission adopted in 2019 by requiring broker-dealers have ...
Pravin Jadhav's Raise Financial buys Moneylicious in stockbroking pushFounder Pravin Jadhav wants to build Raise Financial Services as a holding company with several lines of business as subsidiaries. The acqu...
Brokers contend with end of era on Asia’s oldest stock exchangeIndia had slightly more than 2,400 brokerages as of Dec. 24, down from more than 9,000 in March 2014, data from the regulator show.
- 2G probe fears hit ADAG companies again
Most of ADAG cos slipped to underperform broader market as rising concerns over 2G probe returned to haunt after recent relief rally in ADA...
- Religare Enterprises posts loss of Rs 24.2 crore in Q2, FY11
Financial services firm Religare Enterprises today reported a consolidated net loss of Rs 24.2 crore in the second quarter of the current f...
- Sugal & Damani in race for UK lottery
Sugal and Damani, a little-known Delhi-based firm, is in race to run Britain's National Lottery.