The FinTech Hub
Source: Live Mint Google has monopolized the technology used to buy and sell online display ads by restricting or eliminating the choices of its customers — both website publishers and advertisers — the US Justice Department alleged at a federal antitrust trial. Antitrust enforcers have sought to illustrate how the Alphabet Inc. unit’s complex ad…
Source: Live Mint Loonie notches weekly gain of 0.2% Retail sales rise 0.9% in July Price of US oil increases 0.5% Bond yields rise across the curve TORONTO, Sept 20 – The Canadian dollar steadied against its U.S. counterpart on Friday as domestic data showed retail sales rising more than expected in July and despite…
Source: Live Mint Capital market regulator Securities and Exchange Board of India (SEBI), on Friday, allowed mutual funds to buy and sell credit default swaps (CDS) to improve liquidity in the corporate bond market. “It has been decided to allow greater flexibility to mutual funds to both buy and sell CDS with adequate risk management,”…
Source: Live Mint Manba Finance IPO: Manba Finance Limited has raised ₹45.25 crore from anchor investors ahead of its IPO subscription opening for bidding. The non-banking financial company (NBFC)’s initial public offering (IPO) is all set to hit the D-Street for its three-day subscription on Monday, September 23, 2024 which will remain open for investors…
Source: Live Mint Oil prices extended their recent recovery rally and rose more than 1% on Thursday as a large cut in U.S. interest rates and declining global stockpiles helped offset some of the demand concerns arising from weak consumption in China. Brent futures settled at $74.88 a barrel, up by $1.23, or 1.7%. U.S….
Source: Live Mint The US stock markets opened lower on Friday, September 20, as investors held back after a jump in the previous session, which was fueled by the United States Federal Reserve’s (FED) big 50 basis point rate cut on Wednesday. At 9:30 am (EDT), the stock markets opened for the United States at…
Source: Live Mint HDB Financial Services, a subsidiary of India’s biggest private lender, HDFC Bank, received the board’s nod for an initial public offering (IPO) of equity shares on Friday. The IPO will comprise a fresh issue of shares worth ₹2,500 crore and an offer for sale (OFS) by existing shareholders, HDFC Bank informed in…
Source: Live Mint Domestic brokerage JM Financials is bullish on Ami Organics and has initiated coverage on the small-cap pharma stock with a ‘but’ ratinover strong volume growth prospects and robust profit over the next three years. The brokerage has set the target price at ₹1,975 against a current market price (CMP) of ₹1,625.55. Read…
Source: Live Mint Adani Energy Solutions, part of Adani Group, has had a volatile 2024, with the stock down over 6 percent YTD. In the last one year, it gained just 14.5 percent. Despite this lacklustre performance, brokerage firm Cantor sees potential multibagger returns for the stock. It has initiated a call on the Adani…
Source: Live Mint Popular Foundations IPO;: On September 13, 2024, the IPO subscription for Popular Foundations began, and it concluded on September 19, 2024. Pelatro IPO was subscribed 9.21 times with the issue subscribed 14.89 times in the retail category, 3.54 times in Other category by the last day i.e 19 September’2024 On Friday, September…
