Page 2 - Zerodha
Sensex rises 514 pts, Nifty ends above 17,200; RIL, TCS top contributors
TCS, HUL, Titan Company, UltraTech Cement, and Bharti Airtel hit their respective record highs on the BSE today
 "Sensex rises 514 pts, Nifty ends above 17,200; RIL, TCS top contributors")
Top headlines: Car sales skid, Prosus joins top global investors, and more
From vehicle sales taking a beating in August to Jet Airways' plans to resume service by early 2022, Business Standard brings you the top headlines at this hour
 "Top headlines: Car sales skid, Prosus joins top global investors, and more")
Zerodha gets in-principle approval from Sebi to start mutual fund business
In February 2020, the broking company had applied for the AMC license
 "Zerodha gets in-principle approval from Sebi to start mutual fund business")
Best platforms seeing biggest spike in new users: Zerodha's Nithin Kamath
Nithin Kamath says that a lot of first-time users, who have entered the markets after Covid are increasingly investing in mutual funds, exchange-traded funds, and stocks for their long-term goals
HDFC Securities to enter discount broking segment to win market share
HDFC Securities is creating its own discount broking architecture to compete with new-age firms like Zerodha which are eating into market shares of entrenched players in the business
 "HDFC Securities to enter discount broking segment to win market share")
Fintechs make their presence felt in MF space, see sharp growth in assets
Ease of access, innovative analytical tools and lower investing cost helping them score over traditional players
 "Fintechs make their presence felt in MF space, see sharp growth in assets")
The race to become the vanguard of India's stock market is on
India's biggest broker is awaiting regulatory approval for an asset management company that will focus only on passive investing.
 "The race to become the vanguard of India's stock market is on")
How celebrity brand value can get checkmated in online chess game
Zerodha's Nikhil Kamath faced flak during a charity chess event on Sunday for resorting to unfair means in order to beat the Indian chess legend Viswanathan Anand
 "How celebrity brand value can get checkmated in online chess game")
Zerodha's Nikhil Kamath apologises for cheating Viswanathan Anand in chess
On Sunday, the Indian chess field was shocked when five-time world champion Anand was defeated by Kamath, who made near perfect moves
 "Zerodha's Nikhil Kamath apologises for cheating Viswanathan Anand in chess")
Explained: Why tax is a dilemma for start-up founders in India
After the abolition of the dividend distribution tax, the taxability of salaries and dividends in the hands of a founder of a bootstrapped start-up will be broadly similar, says Ritesh Kumar, IndusLaw
 "Explained: Why tax is a dilemma for start-up founders in India")
'Don't want to fly in private jet, own a yacht': Zerodha CEO Nithin Kamath
Nithin and his brother expected to earn home a salary of up to Rs 100 crore each for running India's largest stock brokerage firm. Nithin's wife to get same salary package as well.
 "'Don't want to fly in private jet, own a yacht': Zerodha CEO Nithin Kamath")
Stock broking giant Zerodha's FY21 profit more than doubles to Rs 1,000 cr
Promoter Nithin Kamath says firm unlikely to raise external resources
 "Stock broking giant Zerodha's FY21 profit more than doubles to Rs 1,000 cr")
Zerodha's Kamath brothers, Seema Patil to get up to Rs 100 cr salary each
Company plans ESOP buyback at $2-bn valuation
 "Zerodha's Kamath brothers, Seema Patil to get up to Rs 100 cr salary each")
Cholamandalam Investment part of Vishwakarma consortium for NUE licence
The others in the consortium are Financial Software and Systems (FSS), Zoho, Zerodha, Razorpay, Ujjivan Small Finance Bank, and Airpay
 "Cholamandalam Investment part of Vishwakarma consortium for NUE licence")
Explained: What is driving so many retail investors to the IPO market?
Flurry of activity in post-Covid era, average retail applications for 20 issues since Sept have nearly tripled
 "Explained: What is driving so many retail investors to the IPO market?")
Explained: How open-source software is powering India's startup ecosystem
Using open-source software gives startups the access to a powerful community and better tools
 "Explained: How open-source software is powering India's startup ecosystem")
Brokers, wealth managers hate us and we are okay with that: Nikhil Kamath
Last year, he and his brother Nithin jettisoned into a club of the country's 100 wealthiest with their net worth pegged at around Rs 24,000 crore
 "Brokers, wealth managers hate us and we are okay with that: Nikhil Kamath")
Top stock broking firm Zerodha takes climate change fight to grass roots
What sets its dedicated fund apart is that it doesn't back large greenfield projects but offers grants to early-stage innovation in areas like renewable energy and sustainable farming
 "Top stock broking firm Zerodha takes climate change fight to grass roots")
Meet the entrepreneur who is bringing 'open source' to enterprise software
Rushabh Mehta claims his firm is the biggest open-source project in ERP in India, and the second largest in the world
 "Meet the entrepreneur who is bringing 'open source' to enterprise software")
As Sebi's peak margin norms kick in, broker default risk should decline now
Peak margin reporting will raise intraday traders' costs; may compel them to adopt hedged strategies
 "As Sebi's peak margin norms kick in, broker default risk should decline now")
