Any body know about R Trade?

Hi Gvnarendra
SEBI has suspended the certificate of Registration of Reliance Shares and Stock Broking.
Please click the following link to read the story
http://www.telegraphindia.com/1061212/asp/business/story_7128514.asp

Please give your view on this.Does this going to impact Reliance Money?
Hi unicorn,
RSSB is a seperate company founded in the year 2000 according to my source. Reliance money is founded in this year. Hope there will not be any connection between them.
gvnarendra
 

murthymsr

Well-Known Member
Hi unicorn,
RSSB is a seperate company founded in the year 2000 according to my source. Reliance money is founded in this year. Hope there will not be any connection between them.
gvnarendra
the promoters are the same.
the nature of business is the same.
only the name of the company is different.

we may have to wait and watch SEBI's view.
BTW, why is the official launch getting delayed so much?

murthymsr
 
What I think is that give them some time to settle down and establish themself remember CDMA services when they offered how much time it took them to bring the flow order in line....in the begining so much confusion was there with billing cycle this must not happen here so lets wait and watch how the performance goes.

Regards,
RN@Equity
 
Dear gv narendra....
Can you plesae provide the total cost of transacting through reliancemoney on internet.I understand the card cost and stt,but how much will be the other charges put together (ie...turnover charges,sebi charges,stamp duty and whatever other charges are there).I am trying to see how much can reliance bring down the breakeven price of a position we may have compared to other brokers...Your reply will be highly appreciated...
thanking you...
reghu