The FinTech Hub
Source: Live Mint Precision Camshafts Q3 Results: Precision Camshafts Limited announced its October to December quarter results on Wednesday, February 12. The company recorded a ₹6.35 crore net loss for the third quarter of the financial year 2024-25, compared to a ₹24.46 crore net profit in the same quarter of the previous financial year. Read…
Source: Live Mint Wall Street Today: Dow Jones drops 400 points as US Inflation rises 50-basis-points to 3% YoY, cutting rate cut hopes Read Full Article
Source: Live Mint Total expenses in the third quarter were lower at ₹3,165.37 crore as compared to ₹3,529 crore in the year-ago period, the company said. BFL said its board has declared an interim dividend of ₹2.5 per equity share of face value of ₹2 each at the rate of 125 per cent. The interim…
Source: Live Mint India’s second-largest private bank, ICICI Bank Ltd, announced on Wednesday, February 12, that its UK-based joint venture partner, Prudential Plc, is evaluating the potential listing of the asset management arm, ICICI Prudential Asset Management Company Limited, as per the BSE filing. According to the exchange filing, Prudential Plc will partially divest (sell…
Source: Live Mint Shares of Tata Motors, a leading global automobile manufacturer, have been maintaining a steady downward spiral in recent weeks, tumbling to levels not seen in many months. The stock, which consistently broke record highs between March 2023 and July 2024, is now becoming less appealing to investors, having declined for six consecutive…
Source: Live Mint Imagicaaworld Entertainment shares climbed over 8 percent on Wednesday, February 12, after the company informed the bourses about its board’s approval for a fundraise amounting to ₹345.19 crore through a preferential issue. It also announced strong results for the quarter ended December 2024 (Q3FY25). Fundraising Details The company announced that the fundraise…
Source: Live Mint Stock market crash: The Indian stock market has fallen for the last six sessions. Amid intensified selling across indices and segments, investors eagerly await a turnaround in the Indian secondary market. Though it is difficult to time the market, one can look at the primary market to sniff when a bull market…
Source: Live Mint SoftBank Group Corp. swung to losses for the December quarter due to a drop in the value of the Vision Fund’s public holdings, boding ill for founder Masayoshi Son who has to raise $500 billion for the Stargate artificial-intelligence project. The Tokyo-based company reported a net loss of ¥369.2 billion ($2.4 billion)…
Source: Live Mint Ajax Engineering IPO: The public offering of concrete equipment manufacturer Ajax Engineering has been completely subscribed on the final day of bidding, today, as qualified institutional buyers (QIBs) swooped in to save the day. After facing challenges during the first two days, where the employee segment attracted significant interest, the issue has…
Source: Live Mint Indian Stock Market: The recent sell-off in the Indian stock market has spared no one, including the new-age tech stocks, dragging many to multi-month lows as investor sentiment remains fragile amid global uncertainties. Fears of an uptick in global inflation and slower economic growth are mounting after US President Donald Trump officially…
