The FinTech Hub
Source: Live Mint (Bloomberg) — Vinted, Europe’s largest online marketplace for second-hand clothes, is ruling out an initial public offering for now as it focuses on expanding beyond fashion. It’s easier to deal with five or six investors than to have to appease a large shareholder base, Chief Executive Officer Thomas Plantenga said on Thursday….
Source: Live Mint Zinka Logistics Solutions IPO: The initial public offering (IPO) of Zinka Logistics Solutions Ltd has been witnessing subdued demand so far. The Zinka Logistics Solutions IPO opened for public subscription on November 13, and will close on November 18. Zinka Logistics Solutions IPO is India’s largest digital platform for truck operators in…
Source: Live Mint The Indian Passenger Vehicle (PV) industry experienced a subdued September quarter, with Original Equipment Manufacturers (OEMs) reporting varied performance in terms of volume growth and margin trajectories. Industry wholesales, including exports, declined by 1% year-on-year (YoY) during the July-September 2024 quarter. The competitive dynamics within the sector have undergone significant shifts in…
Source: Live Mint Many quality stocks have been heavily beaten in the recent stock market crash. The quality stocks include railway stocks as well. Among railway majors, Rail Vikas Nigam Limited or RVNL share price has corrected around 35 per cent from its record high of ₹622 apiece on the NSE. Likewise, IRCTC share price…
Source: Live Mint (Bloomberg) — Chinese data center firm Zdata Technologies Co. is considering a potential initial public offering in Hong Kong, according to people familiar with the matter. The company, whose clients include JD.com Inc., TikTok-owner ByteDance Ltd. and Tencent Holdings Ltd., has held early talks with prospective advisers as it evaluates the merits…
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…
Source: Live Mint Stock market holiday: In the wake of the Guru Nanak Jayanti, trading activities at the Bombay Stock Exchange (BSE) and National Exchange (NSE) will remain closed today. Therefore, there will be no action in the Equity Segment, Equity Derivative Segment, and SLB Segment today. Trading at Currency Derivatives Segments will also remain…
Source: Live Mint Leading this unlikely trio was NTPC Ltd, which added about 1.7 million new individual investors in the September quarter, thanks to its strong growth and green energy ambitions. That’s the highest number of investors added by any BSE-listed stock during the quarter. In the December 2023 quarter, the state-owned power company had…
Source: Live Mint (Bloomberg) — Pony.ai Inc. is looking to raise as much as $195 million from its US initial public offering as automotive-related companies lead a modest pickup in Chinese listings. The autonomous driving startup set a price range of $11 to $13 for its American depositary shares, according to a regulatory filing Thursday….
Source: Live Mint The Securities and Exchange Board of India (Sebi) has proposed sweeping changes to the regulatory framework governing angel funds under Alternative Investment Funds (AIF), aiming to boost investor participation and provide more flexibility to fund managers. Among the key amendments, Sebi seeks to limit investments to accredited investors, reduce the minimum investment…
