The FinTech Hub
Source: Live Mint Kirloskar Pneumatic Company Limited has announced an interim dividend of ₹3.50 per share (175 percent) for the financial year 2024-25 (FY25). The record date to determine shareholders’ eligibility for the dividend is set for February 7, 2025, with the payment scheduled on or before February 25, 2025. In an official regulatory filing,…
Source: Live Mint (Bloomberg) — The South African Reserve Bank is set to lower borrowing costs by another frugal 25 basis points on Thursday while warning that uncertainty around US monetary and trade policies may hinder future cuts. Most economists in a Bloomberg survey expect Governor Lesetja Kganyago to reduce the benchmark interest rate to…
Source: Live Mint Stock Market today: The domestic benchmark indices, Nifty 50 and Sensex, opened cautiously on Thursday due to monthly expiry and pre-budget volatility, which left investors feeling unsettled. The Sensex started off 43.69 points lower at 76,489.27, while the Nifty 50 experienced a slight decline of 5.30 points, opening at 23,157.80. Notably, despite…
Source: Live Mint Dr Agarwal’s Healthcare IPO Day 2 Live Updates: The initial public offering of Dr Agarwal’s Healthcare Ltd, an eye care service provider supported by Temasek Holdings and TPG, recorded a 7 percent subscription rate on the first day of bidding on Wednesday. The retail investor segment experienced an 11% subscription, while the…
Source: Live Mint Adani Power Share Price Today Live Updates : On the last trading day, Adani Power opened at ₹504.80 and closed at ₹497.10, marking a decline. The stock reached a high of ₹528 and a low of ₹497 during the day. With a market capitalization of ₹201,621.50 crore, the stock’s performance remains below…
Source: Live Mint A decade ago, the idea of millions of Indians actively trading equities seemed distant. Today, CDSL, India’s largest depository, is thriving on this very trend, benefiting from rising demat accounts, issuer fees, and transaction charges. Its capital-light business model, strong margins, and near-monopoly position in a high-barrier industry make it a compelling…
Source: Live Mint Nifty 50 on 29 January: A recap The Nifty 50 extended its winning streak for a second straight session, closing 206 points higher at 23,163.10. Tracking positive global cues, the index opened strong at 23,026.75 and maintained its bullish momentum throughout the session. Optimism surrounding global tech stocks and anticipation of the…
Source: Live Mint New Delhi, Shares of ITC Hotels Ltd, the demerged hotels business of FMCG conglomerate ITC Ltd, on Wednesday slipped up to 5 per cent in its debut on the stock exchanges. The stock listed at ₹188 apiece on the BSE, while on the NSE it began the trade at ₹180. It declined…
Source: Live Mint NEW YORK, Jan 29 (Reuters) – Investment firm D.E. Shaw has built a position in Riot Platforms and may push it to make changes, two sources familiar with the matter said, making it the second activist shareholder to do so at the cryptocurrency mining company. Reuters could not determine the size of…
Source: Live Mint As the world awaits the US Fed Meeting Outcome, the precious yellow metal Gold hit a fresh all-time high at ₹83,750 per 10 grams in Delhi on Wednesday, January 29. According to the All India Sarafa Association, cited by the news agency PTI, this new high is attributed to heavy buying from…
