share trading

E*Trade exit Investsmart, HSBC joins in

17 may 2008

E*Trade exit Investsmart, HSBC joins in
Marking its entry into the lucrative broking space of the Indian market, HSBC , through its subsidiary HSBC Securities and Capital Markets (India) is buying out 73.21% stake in broking and investment banking firm, IL&FS Investsmart for around Rs.1000 crore at Rs.200 per share.

Buying financial products becomes as easy as biting a burger

05 nov 2007

Buying financial products becomes as easy as biting a burger
ADAG’s financial distribution arm, Reliance Money Limited has struck a unique tie-up with McDonald’s for distributing its financial products at the latter’s outlets in northern India. Through the tie-up, Reliance Money will install Financial Desk at McDonald’s outlets which will offer products such as Free Trading account, Gold Coin retailing, Mobile Financial Portal and Reliance Money Express to customers and even assist them in opening a Reliance Money Account.

Buying American shares now as easy as investing in Indian equity

08 oct 2007

Buying American shares now as easy as investing in Indian equity
Indian investors can now do global hunting for investing in equity shares by choosing among the blue chips such as Microsoft, IBM, Wal-Mart, Coca Cola and Google. India’s number one online trading site, ICICIDirect.com has launched its overseas trading facility for Indian investors to invest upto $2 lakhs in a financial year in Equities, Exchange Traded Funds, Stock Options, Index Options.

SBI ventures into online equity trading – a delayed start

15 aug 2007

SBI ventures into online equity trading – a delayed start
India’s biggest bank, State Bank of India has launched electronic broking through its subsidiary SBI Cap Securities for retail and institutional clients. SBI Caps is also offering trading in futures and options and eventually would also offer commodity trading under its broking umbrella.

Angel Broking diluting stake to PE investors

23 jul 2007

Angel Broking diluting stake to PE investors
The trend is catching on. Most of the Indian stock broking players are reducing their dependence on pure broking services to ofeering value-added services. After Motilal Oswal, Edelweiss, India Infoline, its now Angel Broking which is in talks to sell 20% of its stake to Private Equity investors such as Lehman Brothers, Warburg Pincus and Carlyle Group.