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Lower depreciation, deferred tax benefit help boot numbers

India News: BENGALURU: It's all in the family.

With a Rs 100 crore salary each for founder Kamath brothers and director Seema Patil, bootstrapped startup sets a record

Zerodha founders, director set for Rs 100-crore annual salaries SECTIONS Share Synopsis This means that the net income of the Kamath household could well be in the range of Rs 300 crore next year ETtech Zerodha cofounders Nithin Kamath (right) and Nikhil Kamath and director Seema Patil (centre) It’s payout time at India’s largest retail brokerage Zerodha. An annual salary of Rs 100 crore is unheard of in India Inc, but that could soon be what the company’s founders Nithin and Nikhil Kamath, and whole time director Seema Patil, each earn in a year. The bootstrapped startup has passed a ...

The pick up in spends led by fast moving consumer goods companies, expectations of revival in regional advertising, near term gains from IPL and regional elections are positive for the Sun TV Network stock. The near term trigger would be a 10-15 per cent y-o-y growth in advertising revenues for the sector in the March quarter which should help the company. Sun TV had reported a 10 per cent decline in ad revenues in the December quarter due to slower recovery in retail, lower number of movies and muted market share in the Tamil Nadu market. The gains in the March quarter, according to analy...