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The ONDC mutual fund pipeline has arrived. Will it take over the industry?
  • Personal Finance

The ONDC mutual fund pipeline has arrived. Will it take over the industry?

TheSpuzz Desk1 week ago1 week ago015 mins

Source: Live Mint Cybrilla, which has a license from Sebi as a Registrar and Transfer Agent, has built a system where the distributor and mutual fund can directly interface, bypassing legacy platforms. According to a fintech executive familiar with the matter, this brings down the cost per transaction from the current ₹2-7 range to just…

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Ramesh Damani has bought shares of this multibagger IT stock. Should you?
  • Market

Ramesh Damani has bought shares of this multibagger IT stock. Should you?

TheSpuzz Desk8 months ago013 mins

Source: Live Mint But in today’s hyper-connected digital world, we have access to more data and insights than ever before. This has made ‘guru investing’ more popular than ever. Replicating the investments of renowned and successful investors or investment managers is one of the most commonly used investment strategies. One such guru is Ramesh Damani, who…

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Sachet-sized investments: First Rs 100 MF transaction takes place
  • Finance

Sachet-sized investments: First Rs 100 MF transaction takes place

TheSpuzz Desk8 months ago03 mins

Source: Business Standard Mutual Funda(Photo: Shutterstock) 2 min read Last Updated : Oct 09 2024 | 2:19 PM IST Appreciate, a Sebi-registered fintech company, said on Wednesday it has made the first low-ticket mutual fund transaction on the Open Network for Digital Commerce (ONDC). The first transaction was of Rs 100 and was done in…

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Magicpin largest food delivery app on ONDC, logs 150,000 orders daily
  • SME

Magicpin largest food delivery app on ONDC, logs 150,000 orders daily

TheSpuzz Desk8 months ago03 mins

Source: Business Standard 2 min read Last Updated : Oct 08 2024 | 5:17 PM IST Magicpin has become the largest food delivery seller app on the Open Network for Digital Commerce (ONDC), registering 150,000 orders daily in September. The hyperlocal delivery startup recorded a fifteen-fold increase in daily orders compared to 10,000…

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Half a dozen firms file DRHPs, first MF transaction on ONDC, and more
  • Finance

Half a dozen firms file DRHPs, first MF transaction on ONDC, and more

TheSpuzz Desk9 months ago03 mins

Source: Business Standard 2 min read Last Updated : Oct 01 2024 | 11:13 PM IST Trafiksol issues clarification after SME listing deferment Small and medium  enterprise (SME), Trafiksol — whose listing was postponed by BSE on account of certain queries raised on the fund raise — informed investors that it will pay…

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Small-cap stock under  ₹25 jumps 5% after THIS update on rights issue | Stock Market News
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FPI outflows from Indian stock market highest in Asia, yet Nifty 50 has rallied over 5%. What’s driving the resilience? | Stock Market News
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LME copper price recovers despite escalation in Israel-Iran war, mixed China data; MCX copper price gains | Stock Market News
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