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After disrupting India’s stockbroking industry, Nithin Kamath wants to repeat the trick in mutual funds. In choosing to deal only in passive funds, he has yet again gone against the conventional playbook.


While the regulator’s interim order alleges massive irregularities, the long arc of unfinished probes, hearings and appeals makes closure distant.
While the payments company saw its first full year of profitability in FY26, the real progress will depend on whether it can continue to prove that it’s more than a POS company.
As growth in equities cools, asset managers are looking to embed themselves in payrolls, payments, and credit. This raises their influence, but also the stakes.