Rhea Chakraborty, Bollywood actress, was seen riding a motorcycle with Zerodha co-founder Nikhil Kamath in Mumbai, sparking online reactions and questions about helmet usage. The sighting comes amidst Rhea’s recent focus on moving forward after the tragic events surrounding Sushant Singh Rajput’s death. Nikhil Kamath, meanwhile, has expressed admiration for Prime Minister Narendra Modi’s work ethic.
Indian shooter Manu Bhaker secured India’s first medal at the Paris Olympics, winning bronze in the Women’s Air Pistol event. Meanwhile, UltraTech Cement will acquire a 32.72% stake in India Cements for ₹ 3,954 crore. Zerodha’s co-founder Nikhil Kamath lauded Prime Minister Narendra Modi for his hard work and dedication.
Nikhil Kamath, co-founder of Zerodha, has revealed a significant investment of approximately Rs 400 crore in Radico Khaitan, the liquor company behind popular brands like Magic Moments vodka and 8PM whiskey. Kamath, who holds a 1.6-1.7% stake in the company, discussed the investment during his podcast, ‘WTF, Alcohol is a $70B Business in India?’, available on his YouTube channel.
Zerodha co-founder Nikhil Kamath has observed a change in sports interests among today’s youth, noting a shift away from traditional sports like cricket towards other activities such as video games. He highlighted the availability of multiple sources of entertainment and the evolution of sports formats as potential factors contributing to this trend. Kamath’s post sparked discussions on the diversification of sporting interests and the potential impact on cricket franchises.
Zerodha co-founder Nikhil Kamath has expressed his deep admiration for Bengaluru, citing the city’s exceptional people as the primary reason. Despite facing challenges like road conditions and traffic, Kamath believes that Bengaluru’s human capital sets it apart from other Indian metropolises. He praises the city’s welcoming, genuine, and understated residents, who contribute to its vibrant and inclusive atmosphere.
Zerodha co-founder Nikhil Kamath has declared Bengaluru his favorite city, despite its challenges. He praised the people of Bengaluru for their love for the city and their welcoming nature. Kamath believes Bengaluru offers immense talent for startups, making it an ideal location to build businesses. He also mentioned meeting prominent business leaders like Kiran Mazumdar-Shaw in Bengaluru.
Zerodha co-founder Nikhil Kamath has highlighted the evolving landscape of the gaming industry, urging for it to be recognized as a legitimate career option. Emphasizing the industry’s growth and potential, he believes interactive forms of entertainment are capturing a significant market share. Kamath notes that what has worked in the past may not sustain in the future, and the gaming industry deserves validation and support from parents and institutions alike.
Zerodha co-founder Nikhil Kamath has shared his unique perspectives on parenthood, legacy, and philanthropy. Regarding parenthood, Kamath does not subscribe to the conventional notion of having children to perpetuate a legacy. He prioritizes his present endeavors and is not inclined to dedicate a substantial portion of his life to raising a child. Kamath also challenges the conventional idea of leaving a legacy, emphasizing that our existence is fleeting and that we should focus on living well and contributing positively to society. In terms of philanthropy, Kamath is committed to The Giving Pledge, an initiative that encourages philanthropists to allocate a significant portion of their wealth to charitable causes. He believes that philanthropy allows him to amplify the positive impact of his personal wealth.
India’s wedding industry is booming, with an estimated 40 crore weddings expected in the next 15 years. This makes it the second largest wedding market in the world, after the United States. The industry is expected to grow at a CAGR of 30 percent, and is soon expected to overtake the US wedding industry.
In a resurfaced video, Zerodha co-founder Nikhil Kamath expressed his support for inheritance tax as a means of wealth redistribution. He argued that a portion of wealth transferred from one generation to another should be redistributed to promote economic equality. The video sparked a controversy after Sam Pitroda, Chairman of the Indian Overseas Congress, also advocated for inheritance tax. Prime Minister Narendra Modi criticized these remarks, accusing the Congress party of intending to seize assets from the people.
