The FinTech Hub
Source: Business Standard 2 min read Last Updated : Sep 27 2024 | 8:23 PM IST The Securities and Exchange Board of India (Sebi) has proposed to make it mandatory for fund houses to make separate disclosures for direct plan and regular plan schemes in their half-yearly financial results. So far, the disclosures…
Source: Business Standard Photo Credit: Ruby Sharma 2 min read Last Updated : Sep 27 2024 | 8:11 PM IST State-owned Punjab National Bank (PNB) has raised Rs 5,000 crore through an issue of equity shares to qualified institutional players. The bank allocated about 48.19 crore equity shares at an issue price of…
Source: Business Standard 4 min read Last Updated : Sep 27 2024 | 3:02 PM IST Shares of Sun Pharmaceutical Industries hit a new high of Rs 1,952, as they rallied 3 per cent on the BSE in Friday’s intra-day trade in an otherwise subdued market. The rally in the stock came after UBS…
Source: Business Standard 3 min read Last Updated : Sep 27 2024 | 7:19 PM IST For food aggregator platform Swiggy, quick commerce (q-com) is proving to be a better growth opportunity than food delivery. Its q-com arm Instamart is rapidly outpacing its core food delivery vertical across several key financial metrics, the company’s…
Source: Business Standard 2 min read Last Updated : Sep 27 2024 | 6:07 PM IST NPCI International Payments Limited (NIPL), the international arm of the National Payments Corporation of India (NPCI), on Friday partnered with the Ministry of Digital Transformation (MDT) of Trinidad and Tobago to develop a real-time payments platform similar to…
Source: Business Standard 2 min read Last Updated : Sep 27 2024 | 4:27 PM IST Dividend, Bonus, Stock-Split: Shares of KPI Green Energy, Accelya Solutions India, and ADS Diagnostic will remain in focus next week as they have announced dividend payouts of Rs 20, Rs 40, and Rs 1.02, respectively, for their shareholders. Meanwhile,…
Source: Business Standard 2 min read Last Updated : Sep 27 2024 | 6:16 PM IST Credit card spending growth has slowed to 16.6 per cent in FY25 so far (YTD FY25) due to restrictions on limits, a series of Reserve Bank of India (RBI) regulations, and increasing stress in the portfolio. In…
Source: Business Standard 2 min read Last Updated : Sep 27 2024 | 5:14 PM IST Boutique investment firm GQG Partners has settled charges of potential violations of whistleblower rules with the Securities and Exchange Commission (SEC)—the regulatory body in the United States—by paying a $500,000 penalty. The securities regulator, in a statement…
Source: Business Standard Representational image (Source/Unsplash) 3 min read Last Updated : Sep 27 2024 | 4:25 PM IST Indians are travelling abroad in greater numbers, with a sharp 12% increase in departures during the first half of 2024 compared to pre-Covid levels, according to a report by rating agency CRISIL. Indian tourists, who…
Source: Business Standard 3 min read Last Updated : Sep 27 2024 | 4:39 PM IST The government of India’s ‘Startup India’ initiative, launched in January 2016, continues to play a pivotal role in nurturing innovation and encouraging investments in the country’s burgeoning startup ecosystem. Over the years, India has emerged as the third-largest…
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