Nithin Kamath, co-founder and CEO of Zerodha, took to social media on Monday to disclose that he had suffered a mild stroke six weeks ago. He attributes the incident to a combination of factors such as his father's passing, lack of sleep, overworking, and dehydration. While he expects a full recovery within 3-6 months, Kamath has already seen improvement in his ability to read and write after experiencing difficulty with these tasks initially.
Nithin Kamath, the co-founder, and CEO of Zerodha, a leading Indian stockbroking firm, suffered a mild stroke six weeks ago. He shared his experience on social media, highlighting the importance of prioritizing health and well-being.
Top 5 FAQs and Answers:
Q: What caused Nithin Kamath's mild stroke? A: He attributes it to a combination of factors, including his father's passing, lack of sleep, overworking, and dehydration.
Q: How is Nithin Kamath's health now? A: He expects a full recovery within 3-6 months and has already seen improvement in his reading and writing abilities.
Q: What are the symptoms of a mild stroke? A: Common symptoms include sudden numbness or weakness in the face, arm, or leg, speech difficulties, and trouble seeing.
Q: What should you do if you suspect someone is having a stroke? A: Call emergency services immediately. The faster someone receives treatment, the better their chances of recovery.
Q: How can you prevent a stroke? A: Maintaining a healthy lifestyle, including regular exercise, a balanced diet, and managing stress, can help reduce your risk of stroke.
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Elcid Investments made history as its stock price skyrocketed 67 lakh percent in a single day, surpassing MRF to become India's most valuable stock. The surge was a result of the BSE auction for price discovery of select investment holding companies, with Elcid Investments' shares valued at Rs 2.25 lakh apiece. This development comes in the wake of SEBI's proposal to enhance price discovery for investment holding companies, which may offer a boost to liquidity and investor interest.
The Institute of Chartered Accountants of India (ICAI) has announced the exam dates for the January 2025 CA Foundation and Intermediate exams. This year, the CA Intermediate exams saw women dominating the top ranks, with Mumbai's Parami Umesh Parekh leading the way with an impressive score of 80.67%. The progress of women in the accounting profession is evident, with the number of female ICAI members expected to reach 50% in the next five years. Along with the results, the ICAI has also declared the CA inter UNITS September 2024 result and the merit list, which can be accessed from various websites.
As the festive season begins, IRCTC's VIKALP scheme comes as a much-needed relief for train passengers struggling to get confirmed tickets. This initiative provides an alternative train option for passengers who are unable to get confirmed seats with their original booking. Although it doesn't guarantee a confirmed berth, VIKALP ensures no additional charges for the passenger and allows them to select up to seven alternate trains.
Swiggy, a popular food delivery platform in India, has officially announced the opening of its initial public offering (IPO) on November 6th. With a fixed price band of Rs 371-390 apiece, the company is looking to raise a total of Rs 11,327.42 crore through the IPO. This includes a fresh share sale of Rs 4,499 crore and an offer-for-sale of up to 17,50,87,863 equity shares by its existing selling shareholders. The IPO has already generated interest from prominent investors and will offer investment opportunities for both institutional and retail investors.
Trump's social media company, Truth Social, has climbed in value surpassing ally Elon Musk's company X, just one week after its launch. The parent company, Trump Media & Technology Group, is now valued at over $10 billion, four times higher than its value last month. While Trump has no active role in the company, he still owns the majority share and founded Truth Social after being banned from other social media platforms. The surge in company value has prompted trading to pause multiple times this week. Follow Misty Severi on X for more coverage of this development.
Elcid Investments, an investment company, witnessed a massive surge in its stock value on Tuesday, rising a staggering 6.7 million per cent and overtaking MRF as the highest-priced stock in India. The surge was a result of a special call auction held "with no price bands" for the stock, which had previously traded at a mere ₹3.5 per share. This sudden increase has resulted in the stock's price reaching a staggering ₹2,36,250 per share, despite having a book value of over ₹4 lakh per share. Investors are now keeping a close eye on the company's future developments.
Elcid Investments Ltd., a subsidiary of the ELCIDIN Group (XT), has seen a significant increase in profits over the past 15 days, according to data from Rediff.com. The company's success has earned them a coveted spot in RediffGurus' list of top performers in the market. With a current net worth of Rs. 000.00, it is clear that Elcid Investments Ltd. is a force to be reckoned with in the business world.
The Employees’ Provident Fund Organisation (EPFO) has announced that pensioners under the Employee’s Pension Scheme (EPS) will receive their pension for the month of October in advance on October 29 due to Diwali festivities. This will ensure timely payment without any delay and helps pensioners to withdraw their funds on October 30. The EPS-95 scheme was launched in 1995 for employees in the private organised sector, where both employers and employees contribute towards the provident fund for a fixed pension after retirement.
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As the stock market continues to break records, Pepe Unchained is following suit with its highly successful token presale, raising $23 million and gaining unstoppable momentum. With new projects in the works, including an Ethereum Layer 2 chain and developer grant applications, Pepe Unchained is poised for even more growth in November. As former U.S. President Trump takes the lead over Vice President Harris in the polls, investors may find Pepe Unchained to be a promising investment opportunity.