The FinTech Hub
Source: Live Mint Multibagger stock: Rathi Steel & Power Limited shares jumped on Monday, March 24, as the company announced the allotment of equity shares by converting preferential shares, according to an exchange filing. As per the data, the board of directors approved the allotment of 13,00,001 or 13 lakh equity shares with a face…
Source: Live Mint Chipmaking giant Nvidia Corporation’s shareholders expect that the keynote speech from their Chief Executive Officer (CEO), Jensen Huang, will deliver enough optimism to fuel the stock’s recent rebound, reported the news agency Bloomberg on Sunday, March 23. Also Read | Nvidia CEO Jensen Huang apologizes for his quantum effect Nvidia hosted its…
Source: Live Mint Mining giant Vedanta-owned firm, Hindustan Zinc received an official penalty notice from the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) over non-compliance of the number of independent directors on the firm’s board, according to an exchange filing. “The Company has received a Notice from BSE Limited and National Stock…
Source: Live Mint The Competition Commission of India (CCI), the country’s antitrust regulator, on Monday, March 17, announced that it had approved Tata Group’s holding firm Tata Sons’ plan to purchase an additional stake in Tata Play. According to an official notification, the antitrust regulator allowed Tata Sons to raise its stake in Tata Play…
Source: Live Mint State-owned non-banking financial company (NBFC) Indian Renewable Energy Development Agency’s (IREDA) board of directors approved the fundraising move of ₹5,000 crore through debt instruments, according to an exchange filing. According to BSE data, the company aims to borrow funds through corporate bonds of various categories from banks, other foreign investors, and international…
Source: Live Mint The U.S. tariff disruption to the world has intensified. Following the imposition of an additional 10% tariff on Chinese imports in February, the rate was further increased by another 10% in March. Consequently, the average U.S. tariff on Chinese goods could reach 39%, marking a steady rise over the past eight years….
Source: Live Mint India’s mergers and acquisition (M&A), along with the private equity (PE) deals, hit a new monthly high of $7.2 billion in February 2025, reported the news agency PTI, citing a Dealtracker report of Grant Thornton Bharat on Saturday. This new high marked the largest deal volumes in the last three years. This…
Source: Live Mint New York-based investment giant Blackstone Inc. will acquire a 40 per cent stakeholding in Kolte-Patil Developers Limited, an Indian real-estate firm, for a value of ₹1,167.03 crore, according to an exchange filing. This transaction will trigger an open offer for Blackstone to purchase the shares from the existing promoter shareholders. According to…
Source: Live Mint Small-cap stock below ₹100: Iron and steel products maker Hi-Tech Pipes Limited’s promoter Manoj Kumar Gupta purchased equity shares of the firm worth nearly ₹11.37 lakh, according to the data collected from the BSE website. According to the data, the promoter acquired 10,000 equity shares worth ₹11,37,100 on March 10, 2025. The…
Source: Live Mint HUDCO Dividend: State-owned non-banking financial company (NBFC) Housing & Urban Development Corporation Limited declared its second interim dividend of ₹1.05 per equity share for the financial year ended 2024-25 on Monday, March 10, according to the exchange filing. According to the exchange filing, this interim dividend issue will be subject to a…
