The FinTech Hub
Source: Live Mint US stock indices were muted on Friday after mixed economic data and as investors awaited more clarity on President Donald Trump’s reciprocal tariff plans. On Thursday, Trump said his economics team will devise plans for reciprocal tariffs on every country taxing US imports, though the directive stopped short of imposing fresh tariffs….
Source: Live Mint BSNL has posted a net profit of ₹262 crore for December quarter, marking its return to profitability after almost 17 years, Union Minister Jyotiraditya Scindia said on Friday terming it a “significant turning point” for the state-owned telco that has been focused on expansion of service offerings and subscriber base. BSNL scripted…
Source: Live Mint LONDON – Oil prices rose on Friday and were poised to end three weeks of decline, buoyed by rising fuel demand and expectations that U.S. plans for global reciprocal tariffs would not come into effect before April, providing more time to avoid a trade war. Brent futures were up 37 cents, or…
Source: Live Mint Small-cap stock under ₹100: The smallcap IT company announced its October-December quarter of fiscal 2024-25 (Q3FY25) on Tuesday, February 12, reporting a drop of 27.4 per cent in net profit to ₹117 crore, compared to ₹161 crore in the corresponding period last year. The stock declined five per cent to hit an…
Source: Live Mint By Bharath Rajeswaran and Vivek Kumar M (Reuters) – Indian small-cap shares have tumbled more than 20% from their record closing high, confirming they are in a bear market, with analysts expecting a further 5% drop by the end of March. A perfect storm of weaker economic growth, foreign outflows and fears…
Source: Live Mint (Bloomberg) — The pound climbed to its highest level this year against the dollar as traders covered short positions built up during a selloff in January. The UK currency rose 0.2% to 1.2596, a level last seen on Dec. 30. It has gained more than 4% in the past month, recovering from…
Source: Live Mint Tata Steel board at its meeting held today, February 14, considered and approved fundraising via non-convertible debentures. Tata Steel plans to raise ₹3,000 crore via issuance of 3,00,000 NCDs of ₹1,00,000 each. The NCDs, it said, will be issued to eligible investors on a private placement basis. The tentative date of allotment…
Source: Live Mint Stock Market Today: Kalpataru Projects International share price dipped more than 13% to 1 year or 52 week lows during intraday trades on Friday as the Q3 Results declared post market hours on Thursday missed estimates Kalpataru Projects International share price movement Kalpataru Projects International share price opened at ₹1009.95 on the…
Source: Live Mint It was as if the sun came out on Wall Street. Donald Trump’s election victory was met not just with a blistering stockmarket rally, but also a flurry of dealmaking. Mondelez, a snack-seller, is reportedly trying to buy Hershey, a chocolatier. Consolidation beckons for the advertising industry. Bankers are expecting that many…
Source: Live Mint Amid worries of heightened competitive intensity, Berger Paints India Ltd’s decorative paints business saw 7.4% year-on-year volume growth in the December quarter (Q3FY25) – the highest among its listed peers. Growth was driven by increased sales of low-value products such as texture paints, tile adhesive and admixture, coupled with earlier price cuts…
