India’s leading broker Zerodha said it has stopped sharing brokerage revenue for referrals following an NSE circular preventing such a move. A recent NSE circular has disallowed sharing brokerage income for referrals to prevent trade inducement. “To comply, we have stopped sharing brokerage revenue for referrals effective August 25, 2024. We will continue awarding 300 … Read more
Startups rushing to raise funds at higher and bigger valuations despite limited upside, may find themselves in a difficult situation as is the current situation of liquidity crunch. Zerodha‘s Nithin Kamath says the more money founders raise, the harder it is for them and their teams to see equity upside. Taking to Twitter, the CEO … Read more
NEW DELHI: The Sensex’s longest weekly gaining streak since 2009 came to an end last Friday as the 30-pack index crashed 1.5 per cent on Friday. While the bulls disappeared quickly on Dalal Street after Sensex travelled all the way to 50,000, Twitter remained abuzz with celebration memes, nostalgia on Sensex’s journey in the last … Read more