The FinTech Hub
Source: Live Mint Citigroup Inc. Chief Executive Officer Jane Fraser said federal regulators have not placed any restrictions on the bank’s growth. The clarification came after shares sank as much as 5% on Tuesday after Fraser said her bank is “working closely with our regulators” in response to repeated questions from Wells Fargo & Co….
Source: Live Mint Pfizer Inc. and Albert Bourla got the upper hand in an early skirmish against Starboard Value LP — but the drugmaker and its embattled chief executive face a long war against an activist that hates to lose. On Wednesday, Bourla is expected to sit down with Starboard after reports early last week…
Source: Live Mint Bitcoin Tops $67,000 to Reach Highest Level Since July Read Full Article
Source: Live Mint The Narendra Modi administration announced plans to divest a 5% stake in Cochin Shipyard Ltd through an Offer for Sale (OFS), with the minimum share price set at ₹1,540. The OFS is scheduled to open on October 16, 2024, for non-retail investors and on October 17 for retail investors. The OFS features…
Source: Live Mint Wall Street stocks were mixed on Tuesday as investors digested quarterly earnings from companies such as UnitedHealth and Bank of America. At 09:32 a.m. the Dow Jones Industrial Average fell 148.47 points, or 0.34%, to 42,916.75, the S&P 500 gained 5.04 points, or 0.09%, to 5,864.89, and the Nasdaq Composite gained 32.39…
Source: Live Mint India’s retail inflation for September came in higher than expected, sparking concerns that the Reserve Bank of India (RBI) might delay interest rate cuts even further, potentially dampening investor risk appetite. Higher food prices drove Consumer Price Index (CPI)-based inflation, or retail inflation, to a nine-month high of 5.49 per cent, still…
Source: Live Mint Adani Group Stocks: Retail investors trimmed their stake in the majority of Adani Group stocks during the September quarter (Q2FY25), although select group companies experienced an uptick in retail holdings. Adani Green Energy, for instance, saw a notable reduction, with retail ownership falling to 22.5% in September quarter from 24.1% in the…
Source: Live Mint Top Gainers and Losers Today : **Market Summary: Top Gainers and Losers for Today** The Nifty index closed at 25,127.95, reflecting a decline of 0.28%. Throughout the trading session, the index reached a high of 25,212.05 and a low of 25,008.15. The Sensex also experienced a downturn, trading within a range of…
Source: Live Mint SME IPO: As the Indian capital market buzzes with a surge of small and medium-sized enterprises (SME) initial public offerings (IPOs), marked by strong investor interest yet lacklustre performances, it’s the perfect moment to hit rewind and revisit some of the past IPOs that truly delivered impressive returns for investors, proving their…
Source: Live Mint Hiren Ved, director and chief investment officer at Alchemy Capital Management, noted that investors are increasingly moving away from traditional FMCG stocks. “They are turning to aggregators and e-commerce platforms, particularly quick commerce, which sell both discretionary as well as non-discretionary consumer items as it provides a better proxy for growth as…
