Charlie Munger had a tremendous influence on me professionally: Zerodha’s Nithin Kamath

Charlie Munger had a tremendous influence on me professionally: Zerodha’s Nithin Kamath

Paying his respects to Charlie Munger, Zerodha Founder, and Chief Executive Officer Nithin Kamath on Wednesday said that Munger’s ideas had a tremendous influence on him.Munger was the Vice Chairman of Berkshire Hathaway, a conglomerate run by Warren Buffet. He passed away on Tuesday at the age of 99 in a California hospital.”I had written … Read more

Nithin Kamath on RIL demerger: Companies should announce acquisition cost in advance

Nithin Kamath on RIL demerger: Companies should announce acquisition cost in advance

NEW DELHI: Billionaire Nithin Kamath, who owns and runs India’s largest stock broker Zerodha, on Friday said the decision of Reliance Industries (RIL) to announce the cost of acquisition for Jio Financial demerger on ex-date might have helped in better price discovery. “Companies normally take time, even after ex-date, to announce COA (cost of acquisition). … Read more

Zerodha to form JV with smallcase for mutual fund business: Nithin Kamath

Zerodha to form JV with smallcase for mutual fund business: Nithin Kamath

Billionaire Nithin Kamath-led India’s largest stock broking firm Zerodha today announced that it would form a joint venture with fintech platform smallcase to start a new asset management business (AMC). “While awaiting the final approval of our AMC (mutual fund), we asked if we should build it ourselves or collaborate. Given the 6+ years of … Read more

Snapdeal appoints Ullas Kamath and Anisha Motwani as directors on board

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SoftBank-backed Snapdeal adds FMCG veteran Ullas Kamath and brand expert Anisha Motwani as directors on board as it plans to file IPO papers with the market regulator Sebi soon. Ullas Kamath is the joint managing director of Jyothy Labs, while Anisha Motwani has worked as a World Bank consultant on the Swachh Bharat Programme, Solar … Read more

Time to be brave, stretch fiscal deficit targets if need be to aid growth: KV Kamath

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Veteran banker K V Kamath on Friday said it is “time to be brave” for the government, and it should stretch the fiscal deficit target set in the budget if need be, to push growth. He said benign interest rates of under 8 per cent and abundant liquidity are also necessary to seize what he … Read more