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Union Budget: Nithin Kamath on how India can create more startup entrepreneurs As the Union Budget 2024-2025 approaches, Zerodha Co-founder and CEO Nithin Kamath on Friday shared his thoughts on how the country can create more entrepreneurs from small towns and villages by making startup investing mainstream.   According to him, part of the solution is to do everything to encourage entrepreneurs, even in small towns and villages in India. "Venture capitalists (VCs) will never go to these areas. Which means other wealthy people are the best hope," he...
Union Budget: Nithin Kamath on how India can create more startup entrepreneurs
Union Budget: Nithin Kamath on how India can create more startup entrepreneurs
Source: IANS
2024-07-13 09:22:43 am
Equity investors realised Rs 50,000 crore in profit in last 4 years: Zerodha CEO Equity investors at online stock brokerage firm Zerodha have realised Rs 50,000 crore in profit in the last four years or so, while a whopping Rs 1 lakh crore worth of money is left unrealised on the platform, its Co-founder and CEO Nithin Kamath said on Tuesday.   “Equity investors @zerodhaonline have realised a profit of Rs 50,000 crore over the last 4+ years and are sitting on unrealised profits of Rs 1,00,000 crore on an assets under management (AUM) of Rs 4,50,000 crore. ...
Equity investors realised Rs 50,000 crore in profit in last 4 years: Zerodha CEO
Equity investors realised Rs 50,000 crore in profit in last 4 years: Zerodha CEO
Source: IANS
2024-06-12 09:28:40 am
Zerodha's Nithin Kamath praises SEBI for making market safer, investor-friendly Praising the Securities and Exchange Board of India (SEBI) for making markets safer and more investor-friendly, Zerodha’s Co-founder and CEO Nithin Kamath on Friday said that the new regulation will ease operations at a broker's end.  SEBI's latest regulation is around the direct payout of securities to investor demat accounts upon purchase. At present, when investors buy securities, they're credited by the clearing corporation (CC) to the stock broker's pool ...
Zerodha's Nithin Kamath praises SEBI for making market safer, investor-friendly
Zerodha's Nithin Kamath praises SEBI for making market safer, investor-friendly
Source: IANS
2024-06-08 11:30:11 am
Now withdraw up to Rs 1 lakh daily on Zerodha: CEO Zerodha’s Co-founder and CEO Nithin Kamath on Thursday said that the online brokerage platform will now let you instantly withdraw up to Rs 1 lakh daily between 9 a.m. and 4 p.m., at no additional cost.  The CEO announced the development on X, saying, "One of our to-dos was to allow instant withdrawals. By instant, I mean instant". "To start with, we (@zerodhaonline) will allow instant withdrawals between 9 a.m. and 4 p.m., up to Rs 1 lakh throughout the week, ...
Now withdraw up to Rs 1 lakh daily on Zerodha: CEO
Now withdraw up to Rs 1 lakh daily on Zerodha: CEO
Source: IANS
2024-05-30 06:01:57 pm
SEBI`s move to simplify operations of stock brokers: Zerodha`s Nithin Kamath Zerodha’s Co-founder and CEO Nithin Kamath on Friday said that the proposal by the Securities and Exchange Board of India (SEBI) that investors' securities should directly go to their demat accounts, will significantly simplify the DP (depository participant) operations of stock brokers. In its latest draft circular, SEBI suggested that it should be made mandatory to ensure that stock brokers segregate client's securities so that they are not at risk of being misused. At p...
SEBI`s move to simplify operations of stock brokers: Zerodha`s Nithin Kamath
SEBI`s move to simplify operations of stock brokers: Zerodha`s Nithin Kamath
Source: IANS
2024-05-10 03:41:30 pm
Zerodha reports revenue of Rs 6,875 cr, profit at Rs 2,907 cr for FY23 Leading stock broker Zerodha on Tuesday reported a revenue of Rs 6,875 crore and profit at Rs 2,907 crore for the financial year 2022-23 (FY23), representing a 38.5 per cent and 39 per cent growth in revenue and profit, respectively, as compared to the previous financial year.In FY22, the company had reported a revenue of Rs 4,964 crore and a profit of Rs 2,094 crore.In a blogpost, Zerodha's Co-founder and CEO Nithin Kamath said that despite fierce competition from newer discount brokerage fi...
Zerodha reports revenue of Rs 6,875 cr, profit at Rs 2,907 cr for FY23
Zerodha reports revenue of Rs 6,875 cr, profit at Rs 2,907 cr for FY23
Source: IANS
2023-09-26 08:13:35 pm