Page 2 - Zerodha

Winners of BS Awards 2021 capture India Inc's growth story

Business Standard Annual Awards for Corporate Excellence 2021 were announced this week. The winners were picked by an eight-member jury after extensive deliberations and capture India's growth story

Silicon Valley adage of fail fast not feasible in fintech: Zerodha CTO

In a Q&A, Kailash Nadh dwells on the complexities of building fintech products and ensuring engineers fit in culturally

BS Number Wise: Will winner take all in the brokerage wars?

Latest data shows rising concentration of clientele among top ten players

Zerodha co-founder Nikhil Kamath invests in drone start-up Omnipresent

This round also saw co-investments from Kavin Shah, and other individual high networth individual (HNIs), according to a statement released on Thursday

Zerodha was offered blank cheques last year: Founder-CEO Nithin Kamath

Kamath says the right way to value online brokerage is 15-20 times earnings which would peg the bootstrapped start-up's valuation at over $3 billion

Zerodha's Kamath leads $4 mn-fundraise by marketing tech platform Kofluence

Influencer marketing platform Kofluence on Tuesday said it has raised $4 million (about Rs 30 crore) in funding led by discount brokerage Zerodha's co-founder Nikhil Kamath.

Gruhas Proptech plans to launch $150 mn-proptech focussed fund

Gruhas Proptech, backed by Zerodha promoter and Puzzolana Group, plans to launch a USD 150 million proptech focussed fund in the first quarter of next financial year

'We're not in a hurry to grow by acquiring legacy firms': Zerodha founder

In a Q&A, Nithin Kamath explains why the company doesn't take the risky road of acquiring businesses for proxy licences

Karnataka sets up fintech task force with Razorpay, Zerodha founders

The task group will work towards creating a roadmap for the growth of the industry, identifying the opportunities and challenges faced by the fintech ecosystem

Zerodha faces investors' flurry due to technical glitch on trading platform

Users of online brokerage Zerodha faced difficulty in trading on Wednesday due to a technical glitch on its trading platform. The brokerage house faced customers' ire on microblogging site Twitter as they complained that prices and trading froze on its platform during the trading hours. "Zerodha down, price not updating," one user tweeted. Another user mentioned, "Zerodha is not working at the peak time of trading. Prices are stuck." "Because of Zerodha, I suffer a loss of Rs 80,000 in ONGC. Zerodha app was stuck. I sold my holding for intraday and stock runs like a wild horse from 65 to 82 within 5 min & came down to 62. I was trying to exit my position but thanks to Zerodha, my stock was sold. Buying price 148," a user tweeted. On October 18, investors of several brokerage houses, including Zerodha and Paytm Money, had faced possible difficulty while selling shares due to "an issue" related to Central Depository Services India Limited (CDSL). Founded in 2010, Zerodha Broking i

CDSL glitch hits sell orders, brokers allow clients to skip authorisation

Market players said issue was with CDSL's portal used for authorising debit of securities from demat accounts. The system was set up last year to prevent misuse of power of attorney by brokers

Investors using Zerodha may face issues in selling stocks with CDSL

Investors of online brokerage house Zerodha on Monday said its users might face some problem while executing sell orders due to "an issue" related to depository CDSL. It tweeted, "You may face an issue with authorizing the sale of your stocks due to an issue with CDSL. We are in touch with CDSL to have the issue resolved at the earliest." "You can now skip CDSL authorisation if you wish to sell your holdings on Kite until CDSL resolves the authorisation issue. Please make sure to authorise your holdings by 5 PM," Zerodha said in another tweet. Central Depository Services (India) Limited (CDSL) has not commented on the issue. CDSL, which is one of the leading depositories, allows investors to deposit securities by opening an account in an electronic form (dematerialised).

Buoyant market sentiment, record addition of clients lift brokerage stocks

Share prices of many brokers have surged over 100% in a year

Who are the biggest beneficiaries of India's digitisation drive in Covid?

When the JAM trinity was announced in 2014, the idea was to link mobile phones with Aadhaar and bank accounts. After UPI and wallets, now we have BharatQR and e-Rupee. Who has gained most from these?

New entrants leveraging technology to attract customers in MF industry

Recent entrants are leveraging technology and low-cost 'passive investing' to attract customers in an industry where market penetration is low

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

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

Zerodha gets in-principle approval from Sebi to start mutual fund business

In February 2020, the broking company had applied for the AMC license

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