๐ Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. ๐ฅ
โ
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator โ
Log In
News on Medial
Paytm expects F&O, equity trading to drive revenue growth, says COO
Economic Times
ยท
1y ago
Medial
According to Paytm, the digital payment giant expects foreign exchange and equity trading to become a significant part of its financial services revenue in the next 12 to 18 months. Paytm is aiming to diversify its offerings and capture a larger share of the financial services market. By expanding into areas like foreign exchange and equity trading, Paytm aims to provide a comprehensive suite of financial products and services to its customers.
View Source
Related News
Is Groww really bigger than Zerodha?
Business Today
ยท
1y ago
Medial
Indian fintech company Groww has surpassed Zerodha to become India's largest brokerage in terms of number of active investors, as per data released by the National Stock Exchange (NSE). While Groww has a larger user base, Zerodha still outperforms in terms of revenue. Zerodha recorded a 39% growth in revenue at Rs 6,875 crore compared to Groww's revenue of Rs 1,294 crore in FY23. The difference in revenue is due to Zerodha's dominance in Futures and Options (F&O) trading, while Groww focuses on attracting new customers and long-term investment products.
View Source
Zomato, Paytm Added To NSEโs F&O Stocks
Inc42
ยท
8m ago
Medial
The NSE has announced the addition of new-age tech stocks, including Delhivery, Jio Financial Services, Paytm, Nykaa, PB Fintech and Zomato, to the F&O segment. This move comes as the number of new-age tech IPOs is increasing in the country. Additionally, 45 other stocks, including NHPC, Tata Elxsi, Union Bank of India, LIC, and Angel One, will also be added to the F&O segment from November 29.
View Source
Groww launches new feature to exit highly loss-making F&O trades
Economic Times
ยท
1y ago
Medial
Groww, a financial services platform, has introduced a feature that allows users to exit high-loss trades in futures and options (F&O). About 15% of Groww's customers engage in F&O trading, making it a risky endeavor with potential losses. The new feature, called Safe Exit, helps users exit the trade when they reach a predetermined loss threshold. Within a week of its launch, over a million exits have been recorded on the app. Groww is also introducing additional features like anti-nudge alerts and suitability checks to promote responsible trading.
View Source
Traders' new fancy: Crypto F&O
Economic Times
ยท
1y ago
Medial
Indian traders are increasingly investing in cryptocurrency futures and options (F&O) as major exchanges witness a surge in volumes. Vommafi Technology, a trading firm backed by family offices, has allocated 30% of its portfolio to crypto F&Os. However, regulatory uncertainty remains regarding the taxation of these offerings, as investors seek to avoid the 1% TDS imposed by the government on crypto spot trading. Despite this, Indian exchanges are expected to exceed global derivatives trading volumes if more traders start allocating capital to crypto futures. The challenge lies in the regulatory ambiguity and tax implications surrounding crypto F&Os.
View Source
Sensex, Nifty close 2% lower as geopolitical tensions, regulatory changes weigh on markets
Money Control
ยท
10m ago
Medial
- Indian equity benchmarks, Sensex and Nifty, closed over 2 percent lower on October 3 due to escalating Middle East tensions, tightening SEBI regulations on F&O trading, and a surge in the Chinese market. - All 13 sectoral indices sank into the red, with Nifty Bank, Energy, and Auto leading the plunge. - Broader markets also declined, with the BSE Midcap and Smallcap indices shedding 2.3 percent and 1.8 percent, respectively. - The Middle East conflict escalated after Iran launched ballistic missiles at Israel, raising concerns of potential retaliation and disruption of oil supplies. Crude-sensitive stocks took a hit as oil prices approached $75 per barrel. - New rules introduced by SEBI for the F&O segment have raised concerns about lower trading volumes and reduced retail participation, affecting overall market liquidity. Foreign investors have redirected funds to the Chinese market, adding further pressure on Indian stocks.
View Source
BT MindRush: Sebi chief highlights retail investor F&O losses, calls for reforms
Business Today
ยท
4m ago
Medial
At Business Today MindRush 2025, SEBI chief highlighted that 90% of retail investors incur losses in F&O trading, often due to overconfidence. The derivatives market favors institutional players, prompting calls for reforms to address disparities and inform investors. SEBI has introduced measures like Aadhaar-based KYC and DigiLocker integration for investor protection. Concerns about misleading trading volume metrics were also raised, and SEBI has issued a discussion paper to solicit feedback.
View Source
Tax hike on F&O, capital gains may cool down markets: Kamath
Twitter
ยท
1y ago
Medial
Zerodha CEO Nithin Kamath said the tax hikes on futures and options (F&O) trading and capital gains might "cool down the activity in the markets". "STT (Security Transactions Tax) on options goes up from 0.062% to 0.1%. STT on futures goes up from 0.0125% to 0.02%," he said. "We (Zerodha) collected about โน1,500 crore of STT last year," he added.
View Source
Paytm parentโs staff costs rise 21% in a challenging year
Economic Times
ยท
10m ago
Medial
- One 97 Communications (OCL) saw a 21% increase in overall employee costs to Rs 4,589 crore in FY24. - Executive Director and Group CFO Madhur Deora received a 15% hike in remuneration, taking his salary to Rs 3.6 crore in FY24. - Founder and CEO Vijay Shekhar Sharma maintained his overall remuneration at Rs 4.4 crore in FY24. - Paytm has aimed to reduce overall employee expenses by Rs 400-500 crore in the current fiscal year. - Several senior executives, including the chief business officers, COO, and CEO of Paytm Payments Bank, have exited the company recently. - Paytm is focusing on QR code payments through its sound boxes to drive its business growth.
View Source
Bottomline: Investcorp-backed Citykart to boost revenue growth on store expansion
VCCircle
ยท
9m ago
Medial
Retail store chain Citykart Stores Pvt. Ltd, backed by private equity investors such as Investcorp, plans to boost revenue growth by expanding its store network. The company aims to achieve revenue of Rs 950-1,000 crore for the financial year ending March 2025. Citykart's President and COO, Ritesh Rathi, expressed confidence in the company's growth strategy.
View Source
SEBIโs new rules could impact 60% of F&O trades, says Zerodha's Nithin Kamath
YourStory
ยท
10m ago
Medial
- SEBI's new rules limiting weekly expiries in the derivatives market could impact about 60% of overall F&O trades. - The restriction on weekly contracts might lead to a potential 30% reduction in Zerodha's order volume. - Zerodha co-founder Nithin Kamath believes the impact will become clearer by November 20 when the rules come into effect, and the company might reconsider its pricing structures accordingly. - The changes also include doubling contract sizes and increasing margin requirements, which could deter retail traders with smaller capital. - SEBI's intention behind the changes is to reduce systemic risks and speculative trading in derivatives but can also affect accessibility and participation for retail investors. - Discount brokers like Groww and Zerodha have been posting rising revenues and profits, with Zerodha reaching $1 billion in revenue in FY24 and Groww's net operating income more than doubling.
View Source
Trackers
Active Indian VCโs
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything thatโs happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in