“Entities that remain inactive have been asked about their plans and, where there is no clear intent to operate, they may be persuaded to voluntarily surrender the license,” said an official, one of the three people quoted earlier, on the condition of anonymity. All three people quoted didn’t want to be identified. In three cases,…
The Securities and Exchange Board of India (Sebi) has proposed easing reporting norms for stockbrokers, extending key exemptions to those that double up as primary dealers in a bid to improve ease of doing business. In a consultation paper issued on Friday, the markets regulator has sought to relax certain requirements around naming, tagging, and…
Billionbrains Garage Ventures Ltd’s (Groww) December quarter (Q3FY26) results are impressive, with broking orders continuing their upward trajectory. Most broking orders fetch a flat rate of ₹20 per order, and hence, are a key parameter. Orders grew 14% quarter-on-quarter to 474 million, with the growth rate accelerating from 10% in the September quarter. This is…
