India’s leading retail broker, Zerodha, is making a significant move into investment banking. The company has applied to Sebi for a merchant banking license through its arm, Zerodha Corporate Advisors. This strategic expansion comes as the equity capital markets show strong potential, with experts noting ample room for new players possessing robust distribution and investor networks.
Did HEG shares really crash 64% in one day? Here’s how the demerger math works
HEG shares opened nearly 64% lower on Monday as the stock adjusted for the company’s demerger, which split its businesses into two separately listed entities.