The FinTech Hub
Source: Live Mint Shares of Syrma SGS Technology, a leading Electronic Systems Design and Manufacturing (ESDM) company, have witnessed a sharp rebound, surging 34% over the past six sessions to the previous close of ₹563.45. The rally follows the company’s strong December quarter performance, which was released on January 28. The company’s performance over the…
Source: Live Mint This was the subject of a spirited conversation I had in February 2024 with Andy Konwinski, a former student of mine and the co-founder of two AI-related startups, Databricks and Perplexity. Andy shared his disbelief that a friend’s son had dropped out of his computer-science programme. This bright student believed AI would…
Source: Live Mint An important piece of law – encapsulating 298 sections – which determines the major sources of income for the fifth largest economy in the world was passed in 1961. In the next 64 years, the Income Tax Act has undergone a flurry of changes almost every year. From tweaks in the tax rates…
Source: Coin Tegraph A distribution notice from FTX Digital Markets showed that the initial group of claimants could expect the value of their funds to be returned plus interest. Read Full Article
Source: Bitcoinist Hong Kong’s financial regulator, the Securities and Futures Commission (SFC), is set to promote its cryptocurrency regulatory workforce in the upcoming fiscal year. In a newly released budget proposal for 2025-26, the SFC outlined plans to introduce 15 additional positions, eight of which will specifically focus on the regulation of virtual assets. According…
Source: Live Mint To build and maintain a good credit score, you must access your credit report and score and monitor it regularly. Similarly, when you apply for a credit product, the financial institution has to access your credit report and score. Depending on who accesses your credit report and score, you or the financial…
Source: Coin Tegraph Robinhood Derivatives has halted its Super Bowl betting after already rolling out the product to 1% of its customers after its Feb. 4 launch. Read Full Article
Source: Live Mint Ken Enterprises IPO: The initial public offering (IPO) of Ken Enterprises opened for subscription on Wednesday, February 5 and will close on Friday, February 7. The company, which aims to raise ₹83.65 crore through the SME IPO, has set a price of ₹94 per share. Ken Enterprises Day 1 Subscription Status Ken…
Source: Live Mint Unified Payments Interface, or UPI, is one of the most convenient ways to carry out a transaction. Merely by scanning a QR code or by entering a few keys into your smartphone, you can transfer the money online. Alternatively, you can use a credit card that needs to be swiped or touched at a PoS (point…
Source: Coin Tegraph El Salvador’s total Bitcoin stockpile has grown again and now stands at 6,068 Bitcoin, currently worth over $554 million. Read Full Article
