The FinTech Hub
Source: Live Mint Hurun List 2024: Mumbai-based National Stock Exchange (NSE) of India has emerged as the most valuable privately-owned unlisted company, according to the report jointly released by Axis Bank’s Burgundy Private and Hurun India. NSE witnessed a remarkable valuation surge of over 200 per cent, reaching ₹4.7 lakh crore as it prepares for…
Source: Live Mint In a recently shared post on Linkedin, Zerodha’s co-founder and the younger of the two Kamath brothers – Nikhil Kamath – wrote about Unified Lending Interface (ULI) and how lending as a phenomenon can play a key role in scripting the growth of individuals. While showering praises on ULI (Unified Lending Interface),…
Source: Live Mint Zerodha co-founder Nithin Kamath has highlighted the trend of rising credit card and personal loan borrowings in the country as well as the growing debt among borrowers. In a post on social media platform X, Kamath mentioned the benefits and drawbacks of borrowing. “After the pandemic, there’s been a big increase in…
Source: Live Mint Indian Stock Markets: Metropolitan Stock Exchange of India Ltd will see investments by Billionbrains Garage Ventures ( parent company of Groww), Zerodha’s Kamath brothers Fund Rainmatter, Share India Securities Ltd & Securocorp Securities India Private Limited As per Metropolitan Stock Exchange of India Ltd’s announcement quoted by CNBC TV 18 in a…
Source: Live Mint If you are planning to start a business venture and have access to ₹1 crore while you believe that you have enough capital to get by, then you should probably think again. In a candid interview with Zerodha’s co-founder Nikhil Kamath, Kumar Mangalam Birla, chairman of Aditya Birla Group, delved into a…
Source: Live Mint Online brokerage platform Zerodha’s co-founder and Chief Executive Officer, Nithin Kamath, cautioned investors via a social media post on platform X on Saturday, December 7, about the most certain way to lose money in the markets. The post highlighted two recent scams in which the Securities and Exchanges Board of India (SEBI)…
Source: Live Mint Nikhil Kamath, co-founder of Zerodha, and True Beacon, an asset management company, after repudiating the idea of owning a house for a long time has eventually caved in, and decided to buy one. He made the revelation recently on his WTF podcast with real estate tycoons Irfan Razack, chairman and MD of…
Source: Live Mint The total number of demat accounts in India reached 175 million in September 2024, according to Motilal Oswal report. This reflects an increase of 4.4 million accounts added during the month, resulting in an average monthly addition of 4 million accounts year-to-date for FY25. The report highlights a notable rise in demat…
Source: Live Mint Brokers collect exchange transaction fees from traders and pass them on to exchanges; however, exchanges used to give these brokers discounts for fetching massive volumes, something the brokers used to keep for themselves. The debut of the new regime on 1 October ends this practice, forcing brokers to transfer the entire transaction…
Source: Live Mint MUMBAI : Angel One Ltd gained about 7% in the last two trading sessions following its decision to charge brokerage for cash delivery trades. The Street has cheered the move as the likely gains from the strategy seem enough to offset the impact of true-to-label pricing norms. The stock price uptick implies…
