The FinTech Hub
Source: Live Mint Lending businesses (Banks & NBFCs) reported mixed performance for Q2FY25 on margin compression, increase in credit cost and slowdown in credit growth. CoD is expected to further increase, though modestly, in the coming quarter which may weigh on margin. Banks are rising deposits rate and shore up liability franchise to ensure guided…
Source: Live Mint Shares of Indian PSU lenders have made a strong recovery in recent sessions, reversing the weak performance seen in the first half of the current month. This resurgence is largely attributed to the BJP-led NDA’s victory in the Maharashtra assembly elections. The win has sparked optimism that the central government will prioritise…
Source: Live Mint ChatGPT-owner OpenAI is allowing its employees to sell roughly $1.5 billion worth of shares in a new tender offer to Japan’s SoftBank Group, two sources familiar with the matter told Reuters on Wednesday. SoftBank’s billionaire CEO Masayoshi Son has been persistent in seeking a larger stake in the startup after investing in…
Source: Live Mint Suraksha Diagnostic IPO: The issue opens for subscription on 29 November 2024. Here are 10 Key things to know from the RHP 1.Suraksha Diagnostic IPO: Key dates On November 29, 2024, the Suraksha Diagnostic IPO will be available for subscriptions, and it ends on December 3, 2024. On Wednesday, December 4, 2024,…
Source: Live Mint Indian benchmark indices experienced significant volatility in today’s session, as a rebound in Adani Group stocks was offset by weak performances from heavyweights, leading to wide fluctuations throughout the day. However, the indices managed to close with healthy gains. Positive developments in the Middle East also contributed to the rebound, with Israel…
Source: Live Mint Lamosaic India IPO allotment: Interior decoration products manufacturer Lamosaic India Ltd will likely announce the IPO share allotment on Wednesday, November 27. The public offer closed for bidding on Tuesday and was subscribed more than two times. Lamosaic India IPO investors are now awaiting the finalisation of the Lamosaic India IPO allotment…
Source: Live Mint Israel-Hezbollah Ceasefire: Indian benchmark indices have witnessed some recovery after a notable correction last month, helped by a decisive victory for the BJP-led NDA alliance in Maharashtra state elections. This uptick has pushed the Sensex into positive territory for November, up over 0.5 per cent. Meanwhile, in another encouraging development, Israel and…
Source: Live Mint Stock to buy for medium term: Multibagger stock Jindal Worldwide shares have surged nearly 400% over the last five years rising from ₹69 to the current price of ₹324. According to Anand Rathi Share and Stock Brokers, the company’s shares may still have room to grow. The brokerage recommends buying the textile…
Source: Live Mint Stock Market Today: NTPC Green Energy share price made a muted stock market debut on Wednesday, November 27, listing at ₹111.50 per share on the NSE, a modest 3.2% premium over its issue price of ₹108. On the BSE, the stock debuted at ₹111.60, showing a slightly higher premium of 3.3%. Despite…
Source: Live Mint Small-cap penny stock under ₹10: Sarveshwar Foods Limited, a small-cap FMCG stock trading under ₹10, saw its shares jump around 7 per cent to ₹9.7 on Wednesday, November 27 despite a weak market mood. The surge comes following a significant order win by the company’s Singapore-based subsidiary, Green Point Pte. Ltd. The…
