The FinTech Hub
Source: Live Mint Penny stock below ₹1: Standard Capital Markets, a penny stock with a market capitalisation of nearly ₹70 crore, informed exchanges on Monday, May 5, that the company has approved the allotment of 12,100 non-convertible debentures (NCDs) to raise ₹121 crore. Standard Capitals in two separate exchange filings informed about allotting 10,000 NCDs…
Source: Live Mint Mumbai, Apr 21 (PTI) Bets by private equity (PE) and venture capital (VC) funds declined to USD 13.7 billion in the March quarter, according to a report on Monday. This represents a 14 per cent decline on-year and 2 per cent decline on-quarter, the report by industry lobby grouping IVCA and consultancy…
Source: Live Mint SEBI will ‘weed out’ outdated policies, rationalise those which are necessary, the chairman of the markets regulator Tuhin Kanta Pandey said on Saturday. Tuhin Kanta Pandey was addressing the Mint India Investment Summit & Awards 2025 when he made the comments. “SEBI will weed out those (policies) which are outdated and rationalise…
Source: Live Mint HUDCO share price jumped more than 3% on Thursday after the company announced plans to raise up to ₹2,000 crore through a private placement of debt securities. HUDCO shares gained as much as 3.48% to ₹203.50 apiece on the BSE. The board of directors of Housing & Urban Development Corporation Ltd (HUDCO),…
Source: Live Mint Penny stock Standard Capital Markets on Friday, December 20, informed through an exchange filing on the BSE that its board of directors approved the issuance of non-convertible debentures(NCDs) on a private placement basis for ₹15 crore. “The board of directors of the company in its meeting held on December 20, has approved…
Source: Live Mint (Bloomberg) — Things are going from bad to worse for London’s IPO market, where less money has been raised this year than on some tiny frontier venues. Fundraising from London initial public offerings has declined about 9% this year to $1 billion, pushing the UK four spots lower to 20th place in a…
Source: Live Mint New Delhi [India], December 8 (ANI) Fundraising via initial public offerings (IPO) in India is set for another landmark year this 2024, asserted S&P Global Market Intelligence in a report. Economic growth, favorable market conditions and improvements in the regulatory framework helped companies raise record amounts in 2024, the financial information and…
Source: Live Mint Call it a modern-day version of a spectacular Renaissance patronage. Since 2019 Microsoft has provided more than $13bn in cash and computing capacity to OpenAI , a once-penniless startup that is now at the forefront of generative artificial intelligence (AI) and, as of its most recent fundraising round, worth $157bn. In exchange,…
Source: Business Standard The raise is subject to the approval of applicable shareholders and regulatory or statutory authorities. | Photo: Shutterstock 2 min read Last Updated : Oct 11 2024 | 2:52 PM IST Oberoi Realty’s board of directors has approved raising up to Rs 6,000 crore in one or more tranches, said the…
Source: Business Standard Each unit will guarantee the obligations of the others, while covenants attached to the bond issue will be set on an aggregate basis, according to a note by Fitch Ratings. Image: Bloomberg 3 min read Last Updated : Oct 08 2024 | 9:13 PM IST Four subsidiaries of India’s Adani Green…
