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Zerodha's Nikhil Kamath expects upto 20% drop in broking biz this year, eyes  ₹10,000 crore in revenue for FY26: Report
Zerodha's Nikhil Kamath expects upto 20% drop in broking biz this year, eyes  ₹10,000 crore in revenue for FY26: Report

Mint

time4 days ago

  • Business
  • Mint

Zerodha's Nikhil Kamath expects upto 20% drop in broking biz this year, eyes ₹10,000 crore in revenue for FY26: Report

Zerodha's chief executive officer (CEO) Nithin Kamath Kamath has said that he expects a 10–20 per cent decline in the broking business this year, linked to lower market activity. In an interview to CNBC-TV18, Kamath said that despite the drop in business this year, he is targeting ₹ 10,000 crore in revenue by FY26. He ruled out any change in brokerage rates. Kamath reaffirmed the leading domestic brokerage's long-term ambition to become a full-fledged financial services conglomerate, including entering banking. Kamath is a finalist for the EY World Entrepreneur of the Year 2025 award. While speaking to the business news channel, Kamath said Zerodha is not giving up on its aspiration for a banking licence. 'We have enough cash to do whatever we want to do,' he said, reiterating that the company sees no reason to go public. 'Being listed on exchanges is tough for a company like us.' Zerodha charges ₹ 200 for online account opening for individuals. Annual maintenance charges range from Re 0 to ₹ 300 based on holdings. For non-individual accounts, opening costs ₹ 500 and AMC ranges from ₹ 300 to ₹ 1,000 per year. Further, BSDA holders may be eligible for reduced or zero AMC depending on their holdings. The brokerage firm supports Basic Services Demat Accounts (BSDA) accounts, provides seamless Kite and Console platforms and integrates tools such as Coin for mutual funds and Sensibull for options trading.

Console raises $6.2M from Thrive to free IT teams from mundane tasks with AI
Console raises $6.2M from Thrive to free IT teams from mundane tasks with AI

Yahoo

time6 days ago

  • Business
  • Yahoo

Console raises $6.2M from Thrive to free IT teams from mundane tasks with AI

If you've ever been locked out of your work computer, you know the urgent need to reach IT support. Unfortunately, help desk staff are often busy assisting others, which can mean a significant delay before you regain access. Andrei Serban realized the critical importance of IT's manual work when he was a product lead on Rippling's apps and integrations team. Serban, who joined Rippling after it acquired his coding security startup Fuzzbuzz in 2023, saw an opportunity to automate many of the help desk's basic tasks with AI, from resetting passwords, to granting access to apps like Figma and Miro, to routine troubleshooting. Serban couldn't wait to get started on his vision. He left Rippling last year to found Console, a startup on a mission to help IT teams reduce mundane, repetitive tasks, thereby freeing up time for help desk professionals to work on more strategic and sophisticated projects. While trying to automate help desk functions isn't new, Console differentiates itself from existing competitors — including Moveworks, which was acquired by ServiceNow in March for $2.85 billion — by forgoing long, complex installation processes. Thanks to its easy integration with Slack, Console's AI assistant can be made available to everyone in the company in just a few weeks. "We're able to get there so fast because we don't require you to replace your help desk," he said. Console sees itself as an AI co-worker that up-levels existing help desk professionals. Serban even suggested that as companies digitize more of their operations, the IT function will become increasingly vital. Employees message Console on Slack and the startup's AI agent quickly responds to requests because it knows everything about the user, from their specific laptop model to the applications they have permission to use. Console's AI can resolve over 50% of the tasks on its own, and it will loop in someone from IT for more complex issues, Serban said. The fast install time attracted customers, including Scale AI, Flock Safety, and Calendly. These customer wins have led Console to secure $6.2 million in seed funding from Thrive Capital. Vince Hankes, a partner at Thrive, said that the firm, which has backed many of the leading AI companies, including OpenAI, Cursor, and ElevenLabs, has had a thesis about artificial intelligence's potential to assist with IT tasks since ChatGPT was first released in the fall of 2022. While Hankes acknowledged that Console's fast integration might make it seem easily replaceable, he believes its AI technology will improve so quickly with user adoption that it will become an indispensable, deeply integrated system essential to everyone at the customer's company. Console's goal is to eventually start supporting other functions, including answering employee requests about HR, finance, and legal. "We want Console to be an employee's first call for help," Serban said. This article originally appeared on TechCrunch at Sign in to access your portfolio

Console raises $6.2M from Thrive to free IT teams from mundane tasks with AI
Console raises $6.2M from Thrive to free IT teams from mundane tasks with AI

TechCrunch

time6 days ago

  • Business
  • TechCrunch

Console raises $6.2M from Thrive to free IT teams from mundane tasks with AI

If you've ever been locked out of your work computer, you know the urgent need to reach IT support. Unfortunately, helpdesk staff are often busy assisting others, which can mean a significant delay before you regain access. Andrei Serban realized the critical importance of IT's manual work when he was a product lead on Rippling's apps and integrations team. Serban, who joined Rippling after it acquired his coding security startup Fuzzbuzz in 2023, saw an opportunity to automate many of the helpdesk's basic tasks with AI, from resetting passwords to granting access to apps like Figma and Miro, and routine troubleshooting. Sereban couldn't wait to get started on his vision. He left Rippling last year to found Console, a startup on a mission to help IT teams reduce mundane, repetitive tasks, thereby freeing up time for helpdesk professionals to work on more strategic and sophisticated projects. While trying to automate helpdesk functions isn't new, Console differentiates itself from existing competitors, including Moveworks, which was acquired by ServiceNow in March for $2.85 billion, by forgoing long, complex installation processes. Thanks to its easy integration with Slack, Console's AI assistant can be made available to everyone in the company in just a few weeks. 'We're able to get there so fast because you don't require you to replace your help desk,' he said. Console sees itself as an AI co-worker that uplevels existing helpdesk professionals. Serban even suggested that as companies digitize more of their operations, the IT function will become increasingly vital. Employees message Console on Slack and the startup's AI agent quickly responds to requests because it knows everything about the user, from their specific laptop model to the applications they have permission to use. Console's AI can resolve over 50% of the tasks on its own, and it will loop in someone from IT for more complex issues, Serban said. Techcrunch event Save now through June 4 for TechCrunch Sessions: AI Save $300 on your ticket to TC Sessions: AI—and get 50% off a second. Hear from leaders at OpenAI, Anthropic, Khosla Ventures, and more during a full day of expert insights, hands-on workshops, and high-impact networking. These low-rate deals disappear when the doors open on June 5. Exhibit at TechCrunch Sessions: AI Secure your spot at TC Sessions: AI and show 1,200+ decision-makers what you've built — without the big spend. Available through May 9 or while tables last. Berkeley, CA | REGISTER NOW The fast install time attracted customers, including Scale AI, Flock Safety, and Calendly. These customer wins have led Console to secure $6.2 million in seed funding from Thrive Capital. Vince Hankes, a partner at Thrive, said that the firm, which has backed many of the leading AI companies, including OpenAI, Cursor, and ElevenLabs, has had a thesis about artificial intelligence's potential to assist with IT tasks since ChatGPT was first released in the fall of 2022. While Hankes acknowledged that Console's fast integration might make it seem easily replaceable, he believes its AI technology will improve so quickly with user adoption that it will become an indispensable, deeply integrated system essential to everyone at the customer's company. Console's goal is to eventually start supporting other functions, including answering employee requests about HR, finance, and legal. 'We want Console to be an employee's first call for help,' Serban said.

Ubuntu 25.10 Brings Fresh Terminal and Image Viewer Upgrades
Ubuntu 25.10 Brings Fresh Terminal and Image Viewer Upgrades

Arabian Post

time20-05-2025

  • Arabian Post

Ubuntu 25.10 Brings Fresh Terminal and Image Viewer Upgrades

Ubuntu 25.10 will introduce a significant update to its core user experience by replacing the default terminal and image viewer applications with modern alternatives. This development marks a shift towards more streamlined and feature-rich tools, reflecting the broader trend of enhancing Linux desktop usability without sacrificing performance or stability. The new default terminal, known as 'Console,' is set to replace GNOME Terminal, which has been a longstanding staple in the Ubuntu environment. Console offers a sleek and minimalist interface designed to improve usability and responsiveness. Among its key features are GPU acceleration, which provides smoother rendering and better performance, especially on high-resolution displays, and an emphasis on simplicity by reducing clutter and unnecessary UI elements. This change aligns with a growing demand from users for faster and more visually appealing terminal applications that can handle diverse workflows efficiently. Complementing the terminal update, the existing image viewer, Eye of GNOME , will be supplanted by 'Pix,' an image viewer developed by the Linux Mint team. Pix is celebrated for its faster loading times, enhanced support for various image formats, and a more intuitive interface that simplifies navigation and editing. It incorporates basic image editing tools such as cropping and rotation, which were notably absent in eog, thereby providing users with more functionality out of the box without needing additional software. This switch aims to improve everyday image handling tasks for Ubuntu users, particularly those who prefer lightweight applications without compromising essential features. These replacements are part of Ubuntu's ongoing effort to refine its software stack as it approaches the 25.10 release, planned for late October this year. Ubuntu developers have emphasised that the changes are driven by both user feedback and the desire to keep up with evolving software trends in the open-source ecosystem. The move also signals a willingness to incorporate applications developed by other Linux communities, fostering greater collaboration across distributions. See also openSUSE Drops Deepin Desktop Amid Ongoing Security Concerns Canonical, Ubuntu's parent company, has underscored the importance of maintaining a balance between innovation and stability. While new software like Console and Pix offer improvements, they also undergo extensive testing to ensure compatibility with the broader Ubuntu desktop environment. Early builds of Ubuntu 25.10 have already shown promising performance gains, with users reporting a more responsive terminal experience and a quicker, more versatile image viewer. The adoption of Console and Pix reflects a broader shift within the Linux desktop world, where traditional applications face increasing competition from newer projects focusing on user experience and performance. This trend is partly influenced by the rise of high-DPI displays and the growing popularity of tiling window managers, which demand terminals that can efficiently manage multiple sessions and deliver sharp visuals. Similarly, image viewers now often need to balance lightweight operation with support for various modern formats and basic editing, features that Pix addresses. Ubuntu 25.10 also continues to update other system components, including a newer Linux kernel and refreshed GNOME desktop environment. These updates improve hardware compatibility, security, and user interface consistency. However, the terminal and image viewer changes stand out for their direct impact on daily user interaction, highlighting Canonical's focus on practical enhancements. Ubuntu's decision to integrate Pix, created by a different distribution, demonstrates the increasingly collaborative nature of open source software development. Linux Mint's Pix has gained recognition for its efficiency and ease of use, prompting Canonical to evaluate it as a superior replacement to eog. This cross-pollination signals a growing recognition that user-centric improvements can transcend distribution boundaries, ultimately benefiting the broader Linux community. See also Manjaro 25.0 'Zetar' Launch Enhances Linux Desktop Experience User response to the new terminal and image viewer has been largely positive during beta testing phases. The Console terminal's clean design and responsiveness have been praised for reducing distractions while maintaining essential features like tabs and profiles. Pix's support for more image formats and built-in editing tools has been welcomed by users who previously needed to rely on external applications for minor adjustments. These updates are expected to be particularly appealing to Ubuntu's growing base of desktop users who rely on the operating system for development, creative work, and daily productivity. The streamlined terminal can enhance coding and system administration tasks, while the improved image viewer supports graphic tasks without the overhead of larger photo editing suites.

How to get free Fortnite x Discord Galactic Battle Avatar
How to get free Fortnite x Discord Galactic Battle Avatar

Time of India

time10-05-2025

  • Entertainment
  • Time of India

How to get free Fortnite x Discord Galactic Battle Avatar

Image via Epic Games and Discord To celebrate the launch of Fortnite's new season in the ongoing Chapter 6, a new Fortnite x Discord Galactic Battle Avatar is being offered for completely free. The particular avatar falls in line with the new season's theme, which is essentially based on the iconic Star Wars franchise. Characters, locations, and weapons from the same have already made their way into the game. Operation Sindoor 'Common sense prevailed': Trump on India-Pak ceasefire on Truth Social 'Pakistan initiated call; both nations agreed to stop military action after direct talks', says India Ceasefire took effect at 5pm; top India, Pak military officials to talk again on May 12 Obtaining the avatar is quite easy, and you will simply have to complete the task associated with the same, i.e., to play the game for a particular duration of time. Here is a detailed guide on how you can get the Fortnite x Discord Galactic Battle Avatar. How to get the Fortnite x Discord Galactic Battle Avatar Fortnite x Discord collaborations have become a thing now, and there have been several unique cosmetics made available as part of the same. The new Galactic Battle Avatar is pretty attractive, and it features two Star Wars logos. They essentially represent the Rebel Symbol and the Sith symbol, which are a prominent part of the specific franchise. The Rebel symbol has an attractive red color, whereas the Sith symbol provides a cool blue look. Both of these are quite unique and provide your avatar with a wonderful look. Accordingly, you must not miss out on the opportunity of acquiring the same. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like AI guru Andrew Ng recommends: Read These 5 Books And Turn Your Life Around in 2025 Blinkist: Andrew Ng's Reading List Undo Coming to the process of unlocking the Fortnite x Discord Galactic Battle Avatar, there is a quest that you will have to complete. It requires you to play the game for a duration of at least 15 minutes. You can end up engaging in any of the game modes that you prefer, given that a particular one hasn't been specified. Listed below are the steps that you follow to unlock the Fortnite x Discord Galactic Battle Avatar: Start by booting up the Discord app on your Console or PC. Next, you must navigate to the User Settings and find the Gift Inventory section. You should then click on the View Quests button and find the Fortnite banner, where you must tap on the 'Accept Quest' option. To complete, you have to choose the platform that you play the game on, i.e., Console or PC. Once you have accepted the quest, you have to complete the aforementioned task of playing the game for 15 minutes. You have to ensure that both Fortnite and Discord are running so that the playtime actually counts. After you have met the requirement, you can claim the Fortnite x Discord Galactic Battle Avatar in the Claimed Quests section in Discord. Keep in mind that this avatar is not permanent and lasts for a period of 60 days. Another thing to note is that the quest is only active until May 15, 2025.

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