In the year 1995 a group of professionals formed a company called Probity Research & Services Pvt Ltd at circa. The name was later changed to India Infoline.
The main objective of this company is to provide unbiased and independent information to market intermediaries and investors. The quality of research soon caught the imagination of all major participants in the financial market. In span of 2 to 3 years the client list read like the who's who of the Indian financial market. The list includes consulting firms like CRISIL, D&B, FIS, FIIS, foreign brokers as well as leading Indian brokers. The going was smooth but not exciting.
In the year 1999 they decided and started that if the company made all the research available free on the web, the number of users may well jump from 250 to 2.5 millions.
The idea was too compelling to worry about the consequences. Probity took a whole hearted plunge. The advertisement, alongside said it all. The new avatar business model took off. And it took like a rocket. All employees, angel investors and well wishers were ecstatic. Little did they know that the rocket would run out of fuel in mid air? Venture capitalists and private equity investors lined up to sign term sheet. India infoline raised $ 1million in the first round at the peak of dotcom euphoria around March 2000 and raised $ 5million.
[...] Trading underlying verses trading single stock futures The single stock futures market in India has been a great success story across the world. NSE ranks first in the world in terms of number of contracts traded in single stock futures. One of the reasons for the success could be the ease of trading and settle these contracts. To trade securities, a customer must open a security trading account with a securities broker and a demat account with a securities depository. [...]
[...] To know about the “DERIVATIVE MARKET IN INDIA” To identify the objectives of the investors for investing in derivative market To know about the risk tolerance factors for investors To know about the financial investment planning through INDIA INFOLINE To know about investors perception towards derivatives To calculate the future and option calls offered by different companies through INDIA INFOLINE. To analyze the future and option calls of different companies To calculate the percentage of future and option shares of different companies in derivatives market of India METHODOLOGY The objective of the present study was accomplished by: Learning about the DERIVATIVE MARKET IN INDIA through INDIA INFOLINE Collecting the data related to the derivative market and futures and option calls of different companies, and to calculate the percentages of the companies' futures and option calls. [...]
[...] In the last ten years, India Infoline has faced numerous ups and downs, but has never compromised on integrity. They continue to ensure highest standards of corporate governance. INDIA INFOLINE KEY MILESTONES Incorporated on October as Probity Research& Services. Launched internet portal www.indiainfoline.com in may 1999. Commenced distribution of personal financial products like Mutual funds and RBI Bonds in April 2000. Launched online trading in shares and securities branded as www.5paisa.com in July 2000. Started life insurance agency business in December 2000 as a corporate agent of ICICI Prudential Life Insurance. [...]
[...] CULTURE AND CORE VALUES OWNER MIND(OM) ENERGY EXECUTION EFFORT ETHICS EXCELLENCE APPLICATION OF MIND (AOM) OM AND AOM WITH SYSTEM AND PROCESS DIFERENTIATING FACTORS IN INDIA INFOLINE KNOWLEDGE TECHNOLOGY SERVICE ETHICS AND COMPLIANCE Ethics means moral principles whereas compliance means co-operation. Our vision is to be the ‘most respected' company in the financial services space. Nobody will respect an unethical company. Would you trust someone who has a bad reputation or is known for being unethical? No unethical company can survive world class competition. [...]
[...] In nut shell, derivatives market helps increase savings and Investment in the long run. - Transfer of risk enables market participants to expand their volume of activity. Exchange- traded vs. OTC derivatives markets: Derivatives have probably been around for as long as people have been trading with one another. Forward contracting dates back at least to the 12th century, and may well have been around before then. Merchants entered into contracts with one another for future delivery of specified amount of commodities at specified price. [...]
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