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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
JioBlackRock’s entry into the stockbroking business means the pioneer versus late mover storyline will play out all over again. This time around, though, the challenge will most likely change Zerodha even if the earlier ones did not.
JioBlackRock is getting its ducks in a row. Last week, the company said they’ve received SEBI’s approval to enter the stockbroking business. From their release:
JioBlackRock Broking aims to bring affordable, transparent, and technology-driven execution capabilities for Indian investors. The broking entity’s parent company, JioBlackRock Investment Advisers is a 50:50 joint venture between Jio Financial Services Limited and BlackRock Inc. Along with the recent regulatory approvals received by Jio BlackRock Asset Management Private Limited and JioBlackRock Investment Advisers to commence operations, receipt of the broking license enables the JioBlackRock joint venture to offer holistic investment solutions to the people of …
Thinly traded listed entities have long served as breeding grounds for stock manipulation, hurting investors. The regulator, the NSE and BSE now want to fix things by focusing on efficient delisting.
The newly announced levy on UPI payments undermines the very foundation of using digital payments for stock market investing. Brokers are in a tizzy.
