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Bengaluru: Online brokerage firm Groww on Monday reported a net loss of Rs 805 crore in FY24, after paying about Rs 1,340 crore as a one-time tax on its domicile movement to India earlier this year. The company clocked Rs 3,145 crore in revenue for the fiscal ending March 31, 2024, a 119 per cent…
Hindi News Business Zerodha Co Founder Nikhil Kamath’s Major Concern About Startup Ecosystem Mumbai51 minutes ago copy link Co-founders of brokerage firm Zerodha, Nitin Kamath and his brother Nikhil Kamath. (file photo) Zerodha’s co-founders Nitin Kamath and his brother Nikhil Kamath have expressed concerns about the startup ecosystem. Kamath Brothers said that excessive regulation can…
New Delhi: Zerodha’s Co-founder and CEO, Nithin Kamath, said on Tuesday that the company is witnessing a plateau in revenue and profits and is preparing for a significant revenue hit later this year. In a blog post, Kamath mentioned that SEBI’s true-to-label circular will go live on October 1, 2024, and added, “We expect a…
New Delhi: Nithin Kamath, co-founder of Zerodha has raised an important concern about financial vulnerability in India. He highlighted that many Indians are just “one hospitalization away from bankruptcy” and stressed the urgent need for comprehensive health insurance. Kamath advised people to choose insurers with a solid track of at least five to ten years…
Mumbai8 minutes ago copy link Investors can now open a demat account for free in trading and investment platform Zerodha. The company said on Wednesday that now no charges will be levied on investors living in India for opening a demat account. The company said that the onboarding process for opening an account has now…
Hindi News Business Zerodha’s Prompt Action Hailed As Overtrader Loses ₹10 Lakh Due To A Bug, Gets Refund In 48 Hours Mumbai31 minutes ago copy link Brokerage firm Zerodha has refunded a user’s loss of about 10 lakhs due to a technical glitch in its platform. The user himself shared this information by posting on…