Zerodha Capital income jumps 44%; Missing women security professionals

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After disrupting India’s telecom market, Jio now has its sights set on indigenous communications satellites for improved connectivity, Jio Platforms managing director Akash Ambani said on Friday.

India’s satellite communications segment is currently dominated by foreign companies like Elon Musk-led Starlink and French service provider Eutelsat, per an article in PTI. While speaking at the 49th Annual General Meeting of Reliance Industries Limited, Ambani said Jio is also partnering with a global constellation for leasing satellite capacity.

Meanwhile, the board of Jio Platforms Ltd has approved filing draft papers for an initial public offering involving a fresh issue of up to 27 crore equity shares with a face value of Rs 10 each. The issue price will be determined through a book-building process in accordance with SEBI regulations.

The listing comes at a time when India's primary market is struggling. After a record run of public offerings over the past two years, investor sentiment has weakened amid geopolitical tensions and volatility in global energy markets.

Lastly, relying too much on chatbots can reduce critical thinking skills, a study from Massachusetts Institute of Technology has found. In particular, users lost the ability to discern fake news the more they used tools like ChatGPT and Claude. 

In today’s newsletter, we will talk about 

• Zerodha Capital income jumps 44%
• Missing women security professionals

Here’s your trivia for today: The game of squash originated in which country?

News

Zerodha Capital income jumps 44%

Zerodha Capital Private Limited (ZCPL), the lending arm of Zerodha Group, reported a 44.2% increase in total income to Rs 53.5 crore for FY26 driven largely by healthy growth in its loan book, according to a note by ICRA on the rating for the company.

Key takeaways:

• The company's net profit rose 20.4% to Rs 14.7 crore in FY26 as compared to Rs 12.2 crore in FY25.
• ICRA reaffirmed its ratings on ZCPL, citing the company’s strong linkages with the Zerodha Group, healthy growth in its loan book, comfortable capitalisation, and improving profitability.
• ZPCL recorded strong growth in its loan-against-securities (LAS) portfolio, with the book expanding to Rs 580 crore as of March 31, 2026.

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Social impact

Missing women security professionals

Around 74% of security professionals face gender-based discrimination, The Women in Security Survey (WISS) has found.

Conducted by IIRIS Consulting in partnership with the CII Centre of Women Leadership, the survey highlights that the representation gap remains a persistent challenge in the security sector. According to WISS 2026, 92.7% of organisations report having formal inclusion policies, flexible work arrangements or DEI frameworks in place.

Key takeaways:

• A majority (84.5%) of respondents said women remain underrepresented across security functions, while an overwhelming 96.8% agreed that organisations need to create more opportunities for women in these roles.
• Nearly 90% of respondents said their organisations have formal DEI policies (89.6%) and gender-neutral policy frameworks (90.7%), while 91.2% reported initiatives to address unconscious bias.
• Despite these gains, workplace culture remains the biggest obstacle to women's participation. 39.7% identified stereotypes and male-dominated work environments as the primary barriers preventing more women from pursuing careers in security.

News & updates

• Data misuse: In a breach of ethics, KPMG Australia staff shared sensitive information about telecom firm Optus with another internal team bidding for an ​audit contract for its rival Telstra, the firm's chairman told a parliamentary hearing on Friday.
• Spinoff: Social media platform Snap is spinning off an internal generative AI video team into a separate company. Called Dotmo, the new entity will focus on developing AI models that can create interactive gaming experiences, TechCrunch reported. 

The game of squash originated in which country?

Answer: England

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