The FinTech Hub
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 Securities depository firm National Securities Depository Ltd (NSDL) is expected to launch its much-awaited initial public offering (IPO) this month, reported the news agency PTI, citing officials aware of the development. According to a report in late February, NSDL aims to raise ₹3,000 crore from the Indian stock markets. The potential IPO…
Source: Live Mint Multibagger small-cap stock: RDB Infrastructure and Power (previously known as RDB Realty & Infrastructure) announced on Saturday, March 8, that the company has received a multi-crore work contract from Vardhman Group Realbuild LLP to build a Mumbai property, as per a BSE filing. The company also disclosed that the contract amount will…
Source: Live Mint Belrise Industries IPO: Belrise Industries Limited, on Tuesday, March 4, received the green light from the Securities and Exchange Board of India (SEBI) to launch its initial public offering (IPO). The company submitted its preliminary draft papers on November 19, 2024. Belrise Industries Limited is an automotive original equipment manufacturer (OEM) component…
Source: Live Mint Public sector undertakings Indian Railway Catering and Tourism Corporation (IRCTC) and Indian Railway Finance Corporation (IRFC) bagged the ‘Navratna’ status from the Government of India on Monday, March 3. According to the social media posts shared by the Department of Public Enterprises on X, the Government has approved the upgradation of IRCTC…
Source: Live Mint It was widely expected that domestic inflows in India would play a more significant role than foreign investments, and this has indeed come to fruition. Over the past three to four years, domestic investments have grown at a faster pace than FIIs, driven by a strengthened financial culture. Today, equities have emerged…
Source: Live Mint Investors chase returns – and that’s what makes them euphoric about equities and multibagger stocks in particular. Sample this – if you had bought shares of TCPL Packaging Ltd worth ₹10 lakh 16 years ago, your investment would now be worth nearly ₹20 crore. A multi-bagger stock can be a wealth-creating machine,…
Source: Business Standard Illustration: Ajay Mohanty 3 min read Last Updated : Sep 23 2024 | 4:14 PM IST Bank of Baroda has partnered with EaseMyTrip.com to launch a co-branded travel debit card from a public sector bank. Announced on September 23, 2024, the Bank of Baroda EaseMyTrip Co-branded Debit Card offers an combination of…
Source: Live Mint Infra, reforms road map with jobs focus likely today According to officials, the centre may announce its roadmap, which would include investment and support for sectors like infrastructure, agriculture, SMEs/MSMEs, manufacturing, and skill development thus creating more employment opportunities for the citizens of the country. 5 min read06:15 AM IST Read Full…
