The FinTech Hub
Source: Live Mint Dhanlaxmi Crop Science IPO will open for subscription on Monday, December 9, and close on Wednesday, December 11. Dhanlaxmi Crop Science IPO price band has been fixed in the range of ₹52 to ₹55 per equity share of face value of ₹10 each. Bids can be made for a minimum of 2,000…
Source: Live Mint Wall Street stocks edged higher on Friday after payrolls data showed growth in jobs in November. At the opening bell, the Dow Jones Industrial Average rose 58.6 points, or 0.13%, to 44,824.29. The S&P 500 rose 6.3 points, or 0.10%, to 6,081.38, while the Nasdaq Composite rose 43.2 points, or 0.22%, to…
Source: Live Mint The Indian arm of LG Electronics on Friday filed for an initial public offering (IPO), becoming the second South Korean conglomerate to sell its shares in the country after automobile giant Hyundai Motor Co. The Korean parent will sell 101.8 million shares, accounting for about 15% of the post-offer paid-up equity share…
Source: Live Mint Vishal Mega Mart IPO: Leading supermarket chain Vishal Mega Mart plans to launch its initial public offering next week, to raise ₹8,000 crore. Vishal Mega Mart IPO price band has been fixed in the range of ₹74-78 per share. Bidders can place bids for a minimum of one lot, consisting of 190…
Source: Live Mint Paytm’s parent company, One97 Communications, on Friday, December 6 approved the sale of its stake in Japan’s digital payments firm PayPay Corporation. One97 Communications Singapore, a wholly-owned subsidiary of Paytm’s Singapore arm, ‘Paytm Singapore’, approved the sale of its stake to the Japanese digital payments company. “We wish to clarify that we…
Source: Live Mint Expert view: Santosh Pandey, President and Head of Nuvama Professional Clients Group, believes the Indian stock market may see a Santa Claus rally, but it seems unlikely that the benchmark index Nifty 50 will reclaim the 26,000 mark by the end of the year. Talking to Mint, Pandey also shared his views…
Source: Live Mint Indian Stock Market: The Indian stock market has shown remarkable resilience in 2024, with benchmark indices Sensex and Nifty delivering double-digit returns despite global economic challenges and market volatility. This performance highlights the strength of India’s economy amid geopolitical tensions, elevated inflation, and sluggish global growth. Benchmark Nifty has gained almost 3,000…
Source: Live Mint Stock market today: The domestic benchmark indices, Sensex and Nifty 50, experienced significant volatility following the Reserve Bank of India’s monetary policy announcement. After the announcement, the markets oscillated between highs and lows. On Friday, the Reserve Bank of India (RBI) chose to maintain the policy rate unchanged for the eleventh consecutive…
Source: Live Mint Upcoming IPO: Solar91 Cleantech on Friday, December 6 said Bombay Stock Exchange (BSE) has approved the draft red herring prospectus for its initial public offer (IPO). Solar91 Cleantech, a solar plant installation company, plans to issue up to 54,36,000 equity shares, each with a face value of ₹10, in the upcoming IPO….
Source: Live Mint A penny stock, Vikas Lifecare, surged almost 10 per cent in intraday trade on BSE on Friday, December 6, in an otherwise weak market. The stock was witnessing strong investor interest as its trade volume was over 1 crore around 12:05 pm on Friday. Vikas Lifecare share price opened at ₹4.40 against…
