Destimoney

NEW DELHI -- Bilpower Ltd. will acquire 4.54% stake in Mumbai-based financial services firm Destimoney SecuritiesPrivate Ltd.

Bilpower to Acquire Stake in Destimoney Anushree Singh 2011

"We have got the regulatory approval for converting the securities to shared capital, and it will happen in the company's board meeting," said Sudip Bandyopadhyay , managing director of Destimoney.

Bilpower to Acquire Stake in Destimoney Anushree Singh 2011

Bilpower Ltd, a maker of engineering tools for power companies, had invested 40.8 million rupees to buy 4.08 million compulsory convertible debentures of Destimoney.

Bilpower to Acquire Stake in Destimoney Anushree Singh 2011

Kartik Bhansali, who heads institutional sales at Destimoney Securities, says that day trading has "almost come to a halt," which has affected the brokerage community.

NYT > Home Page By NEHA THIRANI 2011

Kartik Bhansali, who heads institutional sales at Destimoney Securities, says that day trading has "almost come to a halt," which has affected the brokerage community.

NYT > Home Page By NEHA THIRANI 2011

About 45% of Destimoney's equity trading volumes come from their online platform, which is another synergy between Artha Money and Destimoney.

Press Releases 2010

On the announcement of the new partnership between Destimoney and Artha Money, Mr. Vivek

Press Releases 2010

Destimoney, a Mumbai-based retail financial services company, and Artha Money, the country's first financial super market offers products across Real Estate, Insurance, Loans

Press Releases 2010

Apart from Destimoney taking over the equity and commodity businesses of Artha Money, the last few months have hence seen a dearth of deals in the brokerage space.

Analysis 2010

In addition under the new pact, Destimoney will refer Loan

Press Releases 2010