The FinTech Hub
Source: Live Mint IDFC First Bank Q3 Results: IDFC First Bank announced Q3FY25 earnings on January 25 (Saturday), reporting a sharp drop of 53 per cent in standalone net profit to ₹339.4 crore, dragged by increased provisions due to higher loan slippages, compared to ₹715.7 crore in the corresponding period last year. The private sector…
Source: Live Mint Multibagger stock: Eco Recycling Limited, a waste management firm, announced on January 23 that the company is looking to raise funds via a Qualified Institutional Placement (QIP) process, according to an exchange filing. A QIP fundraising process is a method of raising capital for publicly listed companies by selling their securities to…
Source: Live Mint Upcoming IPO: Jamnagar-based shipping and logistic solutions provider Shreeji Shipping Global Limited has filed its draft red herring prospectus (DRHP) with the markets regulator, the Securities and Exchange Board of India (SEBI), on Saturday, January 25. The company aims to raise funds via a fresh issue of shares from the Indian stock…
Source: Live Mint The cracks in the stock market are getting bigger and wider. Stocks, sectors, strategies, and themes that have had a dream run post the covid-19 pandemic are in the grips of selling pressure. The pressure has extended to initial public offerings (IPOs) as well, and is likely to travel further. As of…
Source: Live Mint Expert View: India Inc and stock market participants await the presentation of the Union Budget 2025 in the coming week amid broad expectations for policy announcements to boost the slowing economy. Market participants are hopeful for robust measures to drive urban consumption and lower income tax slabs for the middle class while…
Source: Live Mint Expert view: Devang Kabra, co-fund manager at Wallfort PMS, expects the government to maintain fiscal prudence in Budget 2025. In an interview with Mint, he said the Indian stock market expects the Budget not to have any negative surprises. The distribution of freebies and social security for the poor should not be…
Source: Live Mint Foreign portfolio investors (FPIs) have withdrawn ₹64,156 crore from the Indian equities market so far in January 2025, in an unabated exodus amid Rupee depreciation, rise in United States bond yields and expectations of an overall tepid earnings season, according to a PTI report. The selling shows a reversal in investor sentiments…
Source: Live Mint Yes Bank Q3 results: Yes Bank announced its October to December quarter results on Saturday, January 25, reporting a 164.5 per cent year-on-year rise in profit after tax (PAT) to ₹612.27 crore from ₹231.46 crore in the corresponding period last year. The net interest income (NII), which is the difference between interest…
Source: Live Mint Gold Rate and Silver Price Today on January 26, 2025: Gold prices experienced a modest decrease on Sunday. The cost of 24 carat gold in India is Rs.8259.3 per gram, reflecting an decrease of ₹ 10.0. The cost of 22 carat gold in India is 7572.3 per gram, a fall of ₹10.0….
Source: Live Mint IPO News Today Live Updates: Navigate the dynamic world of initial public offerings with our dedicated IPO News section. Here, we bring you the latest updates on companies stepping into the public market, offering insights into their financial strategies, valuation, and market reception. Whether you’re an investor looking for new opportunities or…
