The FinTech Hub
Source: Business Standard These companies had collected money from investors without complying with the regulatory norms. | Photo: Shutterstock 2 min read Last Updated : Oct 15 2024 | 9:54 PM IST Capital markets regulator Sebi on Monday said it will auction 15 properties belonging to Mangalam Agro Products, Sumangal Industries and Falkon Industries…
Source: Business Standard 5 min read Last Updated : Oct 15 2024 | 3:54 PM IST Despite rising diplomatic tensions between India and Canada, Canadian pension funds have so far remained committed to investing in India. The primary sectors attracting Canadian pension funds include infrastructure, renewable energy, technology, and financial services. According to…
Source: Business Standard Cochin Shipyard makes ships including bulk carriers, passenger vessels and aircraft carriers, according to its website. 1 min read Last Updated : Oct 15 2024 | 9:03 PM IST The Indian government will offload a stake of about 5% in shipbuilder Cochin Shipyard, an exchange filing showed on Tuesday. The…
Source: Business Standard Dilip Asbe, managing director and chief executive officer (MD&CEO) of the National Payments Corporation of India (NPCI) 3 min read Last Updated : Oct 15 2024 | 8:15 PM IST Even with a lack of a merchant discount rate (MDR) for payments on Unified Payments Interface (UPI), the ecosystem is seeing…
Source: Business Standard Neuron7.ai CEO and co-founder Niken Patel 3 min read Last Updated : Oct 15 2024 | 8:29 PM IST Neuron7.ai, the service resolution intelligence platform, said it has raised $44 million in Series B funding led by Smith Point Capital, the firm founded by former Salesforce co-CEO Keith Block. Existing investors…
Source: Business Standard 2 min read Last Updated : Oct 15 2024 | 7:29 PM IST IndiGo, India’s largest airline, on Tuesday stated that its corporate venture capital fund called “IndiGo Ventures” has received approval from the Securities and Exchange Board of India (Sebi). “This fund will invest in startups that have the…
Source: Business Standard 3 min read Last Updated : Oct 15 2024 | 4:42 PM IST Baroda BNP Paribas Mutual Fund has launched an open ended fund that will track the performance of the Nifty Midcap 150 Total Return Index. The Baroda BNP Paribas Mutual Fund NFO (new fund offer) opened for investment…
Source: Business Standard 3 min read Last Updated : Oct 15 2024 | 6:33 PM IST Hyundai Motor India garnered 18 per cent subscription on Tuesday, the opening day of the issue. The offering received bids for 17.81 million shares—three-fourths of which came from retail investors—as against 99.77 million on offer. A day earlier,…
Source: Business Standard The final report on the matter will be sent to the direct tax board by end of the month after scrutiny of all the documents it had collected during the survey 3 min read Last Updated : Oct 15 2024 | 5:59 PM IST The Income Tax department will examine “high-risk…
Source: Business Standard This limit was earlier set at the higher of 5 billion rupees or 15% of the total open interest. (Photo: Shutterstock) 1 min read Last Updated : Oct 15 2024 | 6:22 PM IST India’s market regulator on Thursday said it will raise the position limit for trading members in the…
