Paisabazaar is PB Fintech’s Achilles heel

Paisabazaar is PB Fintech’s Achilles heel

Source: Live Mint The September quarter (Q2FY25) result of PB Fintech Ltd was a mixed bag. Revenue from its core business of online insurance broking through Policybazaar.com grew 41% year-on-year to ₹624 crore. The surge was aided by a 49% rise in insurance premiums collected online. Revenue rose at a slower rate than premium, indicating…

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Nifty IT soared 150% during Trump’s first term. Is a repeat show likely under his second stint? | Stock Market News

Nifty IT soared 150% during Trump’s first term. Is a repeat show likely under his second stint? | Stock Market News

Source: Live Mint Former President and Republican nominee Donald Trump secured a significant victory in the 2024 US presidential election, marking a historic comeback after his defeat in 2020. Trump reclaimed the White House by winning more than the required 270 Electoral College votes, setting the stage for another term. Trump’s victory was met with…

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Sagility IPO Day 3 Live Updates: Issue subscribed 61% so far; check GMP

Sagility IPO Day 3 Live Updates: Issue subscribed 61% so far; check GMP

Source: Live Mint Sagility IPO Day 3 Live Updates: The subscription period for Sagility India Ltd’s initial public offering will end today (Thursday, November 7). Up to this point, the offering has attracted significant interest from retail investors and employees, although the demand from non-institutional investors and Qualified Institutional Buyers has been relatively low. It…

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Sagility IPO Day 3: Check latest GMP, subscription status, key dates, more. Should you buy or not? | Stock Market News

Sagility IPO Day 3: Check latest GMP, subscription status, key dates, more. Should you buy or not? | Stock Market News

Source: Live Mint Sagility grey mark: Sagility India Ltd’s initial public offering will conclude its subscription today (Thursday, November 7). So far, the offering has seen a strong response from retail investors and employees, while demand from non-institutional investors and Qualified Institutional Buyers remains low. It is anticipated that the issue will receive full subscription…

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Nifty 50, Sensex today: What to expect from Indian stock market in trade on Nov 7 after Donald Trump wins US Election | Stock Market News

Nifty 50, Sensex today: What to expect from Indian stock market in trade on Nov 7 after Donald Trump wins US Election | Stock Market News

Source: Live Mint The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open lower and remain volatile on Thursday amid mixed global market cues. The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading around 24,450 level, a discount of nearly…

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Power Grid Corp Q2 results: Net profit rises 0.3% YoY to  ₹3,793 crore; company declares  ₹4.5/share interim dividend | Stock Market News

Power Grid Corp Q2 results: Net profit rises 0.3% YoY to ₹3,793 crore; company declares ₹4.5/share interim dividend | Stock Market News

Source: Live Mint Power Grid Corporation, a Maharatna Central Public Sector Undertaking (CPSU) and the largest electric power transmission company, reported a weaker-than-expected performance for the second quarter of financial year 2025 (Q2 FY25) on Wednesday, November 6. The company posted a consolidated revenue of ₹11,277 crore for Q2 FY25, marking a marginal increase of…

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Swiggy IPO receives tepid response on day 1 of issue; Issue booked 12%, retail investors bid highest: Latest GMP here | Stock Market News

Swiggy IPO receives tepid response on day 1 of issue; Issue booked 12%, retail investors bid highest: Latest GMP here | Stock Market News

Source: Live Mint Swiggy’s IPO includes a new offering worth ₹4,499 crore, along with an offer-for-sale (OFS) of 175,087,863 equity shares from the company’s selling shareholders. In the OFS, the shareholders selling their stakes include Accel India IV (Mauritius) Ltd, Apoletto Asia Ltd, Alpha Wave Ventures, LP, Coatue PE Asia XI LLC, DST EuroAsia V…

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