Business Daily from THE HINDU group of publications
Monday, Dec 31, 2007
ePaper | Mobile/PDA Version
Business Daily from THE HINDU group of publications Monday, Dec 31, 2007 ePaper | Mobile/PDA Version |
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Markets
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Financial Services States - Kerala Our Bureau Kochi, Dec 30 Bonanza Portfolio Ltd, a financial and brokerage services company, has opened a new regional office in Kerala at Kochi with latest networking and telecommunication facilities to service its branches and customers in the State better. Mr S.P.Goel, Director, Bonanza Group of companies, said that the company is in the process of enhancing its branches in Kerala from 25 to 50 by the end of the financial year and the branches would touch 150 by the end of next financial year. Most of the branches in the State are in northern part and the company propose to open branches in other parts also, he said. As per the study conducted by Dun and Bradstreet, Bonanza has been placed as the sixth largest broking house in India. The company has more than 800 branches in over 200 cities across the country. Bonanza, which is carrying out clearing services on exchange traded derivatives and cash market products, is having a two per cent market share in the commodity business and three per cent in the capital market. It has also membership in Dubai Gold and Commodity Exchange, he added. More Stories on : Financial Services | Kerala
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