Industry leaders at the Business Standard BFSI Insight Summit 2025 view the broking slowdown as a healthy reset, with the next growth phase driven by increased market participation
Groww's active client base has grown at a remarkable FY21-25 compound annual growth rate (CAGR) of 101.7 per cent, sharply outpacing the industry's 27 per cent and AngelOne's 48.3 per cent.
PE/VC firms scale back as long-term needs clash with bankable returns
Middleweight stocks are in demand, leading the market with better returns in April's recovery
Previous plans for the site fell through when UK startup Britishvolt collapsed last year, in a blow to the country's hopes of building a home-grown battery industry
Although the rise in cash levels is partly due to inflows and the launch of new funds, caution is also a factor
Globally, growing number of parliamentarians are worried about legitimised gambling via stock exchanges which has social and financial implications, said CJ George, founder & MD, Geojit Financial
Fresh equity infusions before the company takes the IPO route
The allottees of these shares are LIC, HDFC Life, Aditya Birla Sun Life, Bajaj Allianz, ICICI Lombard, and SBI General
Thus far in the calendar year 2024, the stock price of MOFSL has appreciated by 76 per cent
There is a need for consistency in the adjudicating frameworks of Sebi and other market regulators to ensure fair financial market outcomes
Groww set to become number one in active investors, but Zerodha remains most profitable
Union Bank of India on Monday said it will raise up to Rs 5,000 crore through qualified institutional placement. A Committee of Directors on Raising Capital Funds has, at its meeting held on Monday i.e. August 21, 2023, approved the raising of funds for an amount not exceeding Rs 5,000 crore through the issue of equity shares through Qualified Institutions Placement (QIP), Union Bank said in a regulatory filing. The floor price of the issue is Rs 91.10 per equity share, while the date of opening of the issue is Monday, the bank added.
Angel One said NSE's order does not affect the existing business or the activities of the APs affiliated with the company.
Information technology saw renewed interest with foreign investors adding 10.02 billion rupees, while the auto segment also witnessed FPI buying
ArcelorMittal Nippon Steel India (AM/NS India), a joint venture between ArcelorMittal and Nippon Steel, reported a 62.98 per cent year-on-year drop (YoY) in EBITDA
If interest rates continue at their current trajectory, the appetite will go down, impacting the consumption and the markets, co-founder of Zerodha and True Beacon said
Most applications have either been withdrawn or stand rejected
The profitability of the domestic broking industry fell to 34 per cent in Q1FY23 from 38 per cent in the similar period last year due to geopolitical concerns and the adverse macroeconomic outlook