The FinTech Hub
Source: Live Mint Multibagger penny stock: Shares of Nandan Denim, one of India’s leading denim suppliers, were locked in the 5% upper circuit limit at ₹5.06 apiece in afternoon deals on Monday, October 28 after the company reported a decent set of numbers for the September 2024 quarter (Q2 FY25). The standalone revenue from operations…
Source: Live Mint Punjab National Bank (PNB) on Monday reported a net profit of ₹4,303.5 crore in the quarter ended September 2024, recording a substantial growth of 145% from ₹1,756 crore, in the year-ago quarter. PNB’s net interest income (NII), or the difference between interest earned and interest paid, in Q2FY25 increased 6% to ₹10,517…
Source: Bitcoinist In a spirited response to allegations that the Ethereum Foundation has been irresponsibly selling off its ETH holdings, co-founder Vitalik Buterin firmly denied the accusations on X. In an explanation, Buterin provided detailed insights into the Foundation’s financial practices and its contributions to the ecosystem. The controversy arose after a X user accused…
Source: Coin Tegraph Spot Bitcoin ETFs will need to make an average of $301 million in net inflows per day to get it done this week. Read Full Article
Source: Live Mint Starting 1 November, insiders in mutual fund companies, including asset management company (AMC) executives, trustees, and their immediate relatives, will be subject to the same stringent rules that govern trades in listed securities. This is the first time mutual funds will be regulated under insider trading rules, ensuring that those with access…
Source: Coin Tegraph Bolivian bank Banco Bisa has introduced a stablecoin custody service, allowing clients to buy, sell and transfer USDT. Read Full Article
Source: Live Mint Stock market today: Meeting the market expectations, Waaree Energies shares debuted in the Indian stock market at a whopping premium. Waaree Energies’ share price is listed on the BSE at ₹2,550 apiece, whereas, on the NSE, it opened at ₹2,500 per share mark. The newly-listed stock extended its listing gains further and…
Source: Coin Tegraph Hong Kong’s FSTB has unveiled a balanced AI policy approach for finance while the SFC preps new crypto OTC regulations. Read Full Article
Source: Coin Tegraph Chinese chip manufacturer Xiamen Sophgo has denied having any business relationship with Huawei after being cut off by Taiwan Semiconductor Manufacturing Company. Read Full Article
Source: Live Mint Penny stock Mishtann Foods gained nearly 6 per cent in intra-day trading on Monday, October 28, following the company’s strong financial performance for the second quarter of FY25 (Q2FY25). The results, which highlighted substantial growth in both net profit and EBITDA, reflect Mishtann Foods’ position as a significant player in the Indian…
