The FinTech Hub
Source: Live Mint Denta Water and Infra Solutions Limited raised ₹66.15 crore from anchor investors ahead of its public issue, according to an exchange filing by the company on Tuesday, January 21. The water and infrastructure solutions firm allocated 22.5 lakh equity shares to 10 anchor investors at an allocation price of ₹294 per share,…
Source: Live Mint United States of America President Donald Trump’s official cryptocurrency lost more than 20 per cent since yesterday amid the 78-year-old Republican leader becoming the 47th President on Monday, January 20. Stock markets in the US opened higher on Tuesday as investors now eye President Donald Trump’s executive orders on energy and immigration…
Source: Live Mint Mumbai: Donald Trump’s sabre-rattling before and after his swearing-in sent the Indian markets scurrying for cover on Tuesday, with benchmarks Nifty 50 and S&P BSE Sensex tumbling to their respective seven-month lows. Investors were already in a sombre mood, thanks to sluggish corporate earnings, foreign investor sell-offs, and pre-budget jitters. The uncertainty…
Source: Live Mint Panicky investors hammered the shares of Kalyan Jewellers Ltd following a stock market disclosure on Monday that the company’s promoters had pledged an additional 5.79% of their shares last week. That takes Kalyan Jewellers’ total promoter pledge to 25.87%, per BSE data. The stock had lost a third of its value despite…
Source: Live Mint US stock indices opened higher on Tuesday, as investors’ focus shifts on President Donald Trump’s executive orders on energy and immigration, while awaiting his trade policy. At the opening bell, the Dow Jones Industrial Average rose 40.8 points, or 0.09%, to 43,528.65. The S&P 500 rose 17.5 points, or 0.29%, to 6,014.12,…
Source: Live Mint New Delhi, The share of renewables including large hydro in the country’s overall energy mix is expected to remain stable at nearly 21 per cent in FY25, India Ratings and Research said on Tuesday. The balance will be largely contributed by thermal capacity, the agency said in a report. “The share of…
Source: Live Mint Dalmia Bharat Q3 Results: Cement manufacturer Dalmia Bharat reported a 75% year-on-year (YoY) decline in its consolidated net profit to ₹66 for the third quarter of financial year 2024-25 (Q3 FY25) on Tuesday, January 21. The net profit stood at ₹266 crore in the same quarter last fiscal. Meanwhile, the revenue from…
Source: Live Mint Expert view: Deepak Ramaraju, Senior Fund Manager at Shriram AMC, believes a populist budget may strain the fiscal deficit and result in further rupee weakness. This will lead to lower rate cuts and delays in economic growth. Moreover, any miss on fiscal prudence or lower growth guidance may trigger a further selloff…
Source: Live Mint Jana Small Finance Bank released its December quarter performance on Tuesday, January 21, post-market hours. The lender reported a 17.91% drop in standalone net profit, reaching ₹110.6 crore in Q3FY25, compared to a net profit of ₹134.6 crore in the same period last year. The net profit showed a sequential improvement of…
Source: Live Mint Top Gainers and Losers Today : The Top Gainers And Losers Today: The Nifty index concluded at 23,344.75, reflecting a decrease of 1.37%. Throughout the trading session, the Nifty reached a peak of 23,426.3 and a low of 22,976.85. The Sensex traded within a range of 77,337.36 to 75,641.87 and closed 1.6%…
