Mirae Asset completes acquisition of Sharekhan for ₹3000 Crore.
Sharekhan seemed to be confused about its positioning for the last 2 years with the failure of its discount broking arm - Espresso.
Mirae Asset runs 'MStock' broking business in India which in itself hadn't been able to make much of a mark in the retail trader space either.
This acquisition shows Mirae is serious about broking business in India.
Sharekhan seemed to be confused about its positioning for the last 2 years with the failure of its discount broking arm - Espresso.
Mirae Asset runs 'MStock' broking business in India which in itself hadn't been able to make much of a mark in the retail trader space either.
This acquisition shows Mirae is serious about broking business in India.