The FinTech Hub
Source: Live Mint For decades, India’s salaried class viewed themselves as a minority—sandwiched between the elite and what they believe is the world’s largest population of the “politically pampered”. And in most Budgets, they found the discourse to be dominated by farmers, the poor, women and other groups. Which is why the record ₹1 trillion…
Source: Live Mint Nestle India Ltd could be a beneficiary of the much-awaited boost to urban consumption from the budget as and when it starts to trickle in. The company derives around 75% of its sales from the urban market. In a recent meeting with analysts, the management displayed confidence about the long-term prospects given…
Source: Live Mint Sriharsha Majety, MD & Group CEO, Swiggy, said “We continued our focus on creating segmented offerings for the consumer during the festive quarter, which we believe will open up more consumption occasions. In recent months, we’ve introduced Bolt and Snacc (10-minute food delivery), expanded into new categories within Quick-Commerce, and plan to…
Source: Live Mint Symphony share price slumped over 10% on Wednesday’s session after the company reported a net loss of ₹10 crore for the fiscal’s third quarter ended December (Q3FY25) as against net profit of ₹41 crore in Q3FY24. The consumer durables manufacturer reported a net loss primarily attributed to a one-time loss of ₹46…
Source: Live Mint Shares of Syrma SGS Technology, a leading Electronic Systems Design and Manufacturing (ESDM) company, have witnessed a sharp rebound, surging 34% over the past six sessions to the previous close of ₹563.45. The rally follows the company’s strong December quarter performance, which was released on January 28. The company’s performance over the…
Source: Live Mint Ken Enterprises IPO: The initial public offering (IPO) of Ken Enterprises opened for subscription on Wednesday, February 5 and will close on Friday, February 7. The company, which aims to raise ₹83.65 crore through the SME IPO, has set a price of ₹94 per share. Ken Enterprises Day 1 Subscription Status Ken…
Source: Live Mint MTNL share price: A day after clocking a solid gain of over 6 per cent, shares of Mahanagar Telephone Nigam (MTNL) surged as much as 20 per cent to hit their upper price band of ₹57.16 in intraday trade on BSE on Wednesday, February 5. MTNL share price opened at ₹54 against…
Source: Live Mint Rising for the second consecutive session, Acme Solar share price surged almost 8 per cent in morning trade on the BSE on Wednesday, February 5. Acme Solar shares opened at ₹215 against their previous close of ₹207.60 and rose 7.8 per cent to the level of ₹223.75. Around 11 AM, the stock…
Source: Live Mint Swiggy share price declined over 4% on Wednesday ahead of the announcement of Q3 results today. Swiggy shares fell as much as 4.07% to a low of ₹416.00 apiece on the BSE. Swiggy shares were listed on Indian stock exchanges in November 2024 and this will be its first earnings release after…
Source: Live Mint Gold price today: Gold rates jumped to fresh record highs in the domestic futures market Wednesday morning, with the MCX Gold April 4 contracts rising over ₹84,000 mark for the first time, supported by the dollar’s fall and healthy buying in the domestic spot market. MCX Gold for April 4 expiry rose…
