The taxation math of Infosys buyback, as explained by Zerodha’s Nithin Kamath| Business News

With the record date of the Infosys buyback upon us, it’s worth understanding how buyback taxation works in India. Thankfully, Nithin Kamath, co-founder and chief executive officer, took it upon himself to do the math. Zerodha CEO Nithin Kamath. (@Nithin0dha/X) The ₹18,000-crore Infosys buyback—the largest in India’s history along with Tata Consultancy Services Ltd.’s in […]

The $100-million gap between Zerodha in India and Robinhood in US, courtesy UPI| Business News

Robinhood Markets Inc. is on course to generate $100 million revenue from transaction charges alone this year, while Zerodha Broking Ltd. does zero. That may seem like an opportunity lost, but it shows how evolved India’s fintech ecosystem is, as compared to the US—thanks to UPI. Zerodha co-founder and CEO Nithin Kamath. (Mint) “I’m still […]