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  • Poeir Jets Develops India’s First Heavy-lift Hybrid Drones
  • Poeir Jets Develops India’s First Heavy-lift Hybrid Drones
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  • IOC 'suspends discussions' with India regarding hosting of its events
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Zerodha’s client base to grow 1-1.2 mn during FY 2018-19

Zerodha’s client base to grow 1-1.2 mn during FY 2018-19

Hyderabad, Apr 24 (UNI) Zerodha, a discount brokerage firm will achieve its client base from 8 lakhs to 1 million or 1-2 million during the Financial Year 2018-19, its vice-president (Education Service) Karthik Rangappa said.

Talking to newsmen here on Tuesday, Mr Karthik along with AVS –Sales Salman Quraishi said that the company has 8 lakh clients across the country. Of them 5.5 were active clients. The clients base has grown300 per cent during 2017-18.

In Telangana, Mr Karthik said that the company has 42,000 clients. It has grown at a rate of 139 per cent during 2017-18. In Hyderabad, Zerodha has 31,000 clients and grown at a rate of 168 per cent during the last fiscal

Speaking on “Coin”, India’s first direct Mutual Fund+ Equity platform, Mr Karthik said that the customer buy mutual funds online completely commission-free directly from asset management companies.

“One can start, stop or modify SIPs anytime they want and the first Rs 25,000 worth of investment would be free”, he said.

“Any investor buying mutual funds directly is the best option. SIP of Rs 5000 monthly invested for 25 years in direct vs distributor can potentially save Rs 28 lakhs as commissions. Buying direct mutual fund in demat also gives the convenience of a single portfolio view”, Mr Karthik said added Coin has facilitated over Rs 1100 crore worth of investments till now.

UNI VV JW1630

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Poeir Jets Develops India’s First Heavy-lift Hybrid Drones

22 Feb 2019 | 1:28 PM

Bengaluru, Feb 22 (UNI) After successful launch of the country’s first Microjet Engine series, Poeir Jets, promoted by M/s Poeir Jets Pvt Ltd, an R&D subsidiary of Intech DMLS, is India’s first private firm that developed Jet Engines, has moved to develop India’s first Heavy lift Hybrid drones and it was launched in the ongoing Aero India 2019 with an aim to establish itself as industry leaders in providing propulsion solutions to Unmanned Aircraft Systems (UAS).

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Sugar rates steady

22 Feb 2019 | 1:13 PM

Kolhapur, Feb 22 (UNI) The prices of M 30 and S 30 grades of sugar rates remained steady in Kolhapur sugar market on Friday to Rs 3280/3300 and Rs 3180/3200 per quintal respectively.

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Major currencies up

Major currencies up

22 Feb 2019 | 12:20 PM

Mumbai, Feb 22 (UNI) Following were the indicative currency rates and travellers' cheques buying and selling rates per unit.

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Rupee opens flat at 71 24 against USD

Rupee opens flat at 71 24 against USD

22 Feb 2019 | 12:09 PM

Mumbai, Feb 22 (UNI) The Rupee on Friday opened flat at 71.

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Sensex up by 40 pts

Sensex up by 40 pts

22 Feb 2019 | 12:08 PM

Mumbai, Feb 22 (UNI) The benchmark index of Bombay Stock Exchange (BSE) on Friday rose by 40 points at 35,938.52 as buying was seen in Materials, Realty, Consumer Durable and Bankex stocks.

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