Poging GOUD - Vrij
Discount Broking Is The Future: HDFC Sec CEO
The New Indian Express Tirupati
|December 30, 2024
Investors are now choosing only discount platforms; full-service brokerages might only cater to HNIs in future
HDFC Securities, which entered the discount-broking space a little over a year ago, expects its low-cost broking arm HDFC Sky to turn profitable in the next fiscal.
This is on the back of the runaway success it notched up in the past 13 months in terms of customer acquisition (over 1.1 million as of December) and the rising trading volume on the platform. The company is not planning any share sale, citing strong financial performance.
The full-service brokerage and its discount broking arm have added 1.2 million new customers this fiscal so far, taking the total to 6.1 million. However, the number of active clients remains at 1.4 million. Of this, total additions - as much as 1.1 million - have been onboarded through the new platform.
Dit verhaal komt uit de December 30, 2024-editie van The New Indian Express Tirupati.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN The New Indian Express Tirupati
The New Indian Express Tirupati
PE investments in realty fall 23% to $1.13 bn in H1, 2026
PRIVATE equity (PE) investments in Indian real estate sector fell 23% year-on-year to $1.13 billion in the first half of 2026 against $1.47 billion in H1 of 2025 as the investors are engaging in more selective capital deployment due to elevated global interest rate, tighter financial conditions and heightened geopolitical uncertainty.
1 min
June 27, 2026
The New Indian Express Tirupati
26 families return home in Narayanpur, Bastar on edge
THE tense standoff witnessed in Bharanda village of Narayanpur district in Chhattisgarh was finally defused late on Thursday night after a grueling 12-hour negotiation driven by the district administration and senior police officials.
1 mins
June 27, 2026
The New Indian Express Tirupati
MSMEs in India: The Unfinished Agenda
India is a diverse country full of nuances, and its so-called \"MSME\" sector is no exception to this quirky tapestry.
4 mins
June 27, 2026
The New Indian Express Tirupati
US assured India of stable AI technology access: IT secretary
WEEKS after the US curtailed access to Anthropic’s AI models worldwide, including in India, Washington has assured New Delhi that technology access, once granted, will not be abruptly withdrawn. The commitment was conveyed by US officials during talks with India, according to IT Secretary S Krishnan.
1 mins
June 27, 2026
The New Indian Express Tirupati
NIA files chargesheet against 11 from JMB offshoot for spreading terror
THE National Investigation Agency (NIA) has filed a chargesheet against 11 accused in connection with a terror conspiracy orchestrated by a branch of the banned Jama’atul Mujahideen Bangladesh (JMB) terrorist organisation.
1 mins
June 27, 2026
The New Indian Express Tirupati
MESSI’S WALK OF FAME
In era marked by speed & athleticism, Argentine maestro influences matches by walking
2 mins
June 27, 2026
The New Indian Express Tirupati
Govt crackdown on firm in Kota maternal deaths
EVEN as the World Health Organization (WHO) has sought a report from India on the deaths of five women following Cesarean section in Rajasthan, the Centre has cracked down on Jackson Laboratories, the company that supplied fake oxytocin injections to the hospital in Kota where the maternal deaths took place.
1 min
June 27, 2026
The New Indian Express Tirupati
Ukraine launches major nighttime raid on Russia
UKRAINE launched a major nighttime attack on a dozen Russian regions, Russian-held Crimea and the surrounding seas, Moscow’s Defence Ministry said Friday, in what appeared to be one of Kyiv’s biggest drone assaults since the Kremlin’s full-scale invasion more than four years ago.
1 min
June 27, 2026
The New Indian Express Tirupati
VHP denies rumour on resignation of Champat Rai
AMID intense speculation over the resignation of Vishwa Hindu Parishad vice president and Ram Janmabhoomi Teerth Kshetra general secretary Champat Rai following the arrest of eight persons over donation theft, VHP spokesperson Vijay Shankar Tiwari on Friday emphatically denied it.
1 min
June 27, 2026
The New Indian Express Tirupati
Stolen pistol clue: IAF officer nabbed 2 yrs after ₹1.5 cr robbery in Gujarat
GUJARAT Police have solved one of the city’s most sensational unsolved armed robbery cases nearly two years after a businessman was shot in broad daylight and robbed of ₹1.51 crore in the bustling Ahmedabad City’s Manek Chowk area.
1 min
June 27, 2026
Listen
Translate
Change font size