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Zerodha and True Beacon co-founder Nikhil Kamath said in a recent tweet that if you have Apple shares, you can have $100 billion of annual real-world income ....
In his clarification, Nithin said the reported figure isn’t the actual salary that is being drawn, and that the resolution was merely an enabling one that allows them as working promoters to draw salaries up to the number in case of liquidity requirements. ....
Zerodha Founder and CEO Nithin Kamath said that enabling de-risking is something the company is doing for its employees as well through its Rs 200 crore ESOP buyback programme. ....
Zerodha posts Rs 442.4 Cr FY20 profit with increase in users, higher trading volumes Online brokerage startup Zerodha earned Rs 1,034.8 crore in revenue from operations in the FY ended March 31, 2020. 0 claps Online brokerage startup Zerodha recorded Rs 442.4 crore in standalone profit for the financial year ended March 31, 2020, helped by a massive jump in users and trading volumes on its platform. Zerodha, which has been credited as one of the first firms to open equities, bonds and mutual funds trading up to retail investors, counted 3.14 million users on its platform as of January 31, 2021, according to data from the National Stock Exchange, far surpassing competitors such as Upstox and Groww. ....