The FinTech Hub
Source: Live Mint Reliance Power Ltd’s board of directors approved the issue of preferential shares to raise ₹1,524.60 crore, the company said in a filing on the Bombay Stock Exchange (BSE) on Monday, September 23. “We hereby inform you that the Board of Directors at its Meeting held today i.e., Monday, September 23, 2024, has…
Source: Live Mint Waaree Energies Limited, an Indian manufacturer of solar PV modules, has received the final approval from the Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO), according to a Securities and Exchange Board of India (SEBI) issues filing. SEBI issued the notice on Friday, September…
Source: Live Mint Zomato share price climbed 2.5 per cent to hit a fresh all-time high of ₹298.05 in intraday trade on BSE on Monday, September 23. The stock finally closed 2.13 per cent higher at ₹296.90, extending gains into the fourth consecutive session. The stock has skyrocketed by an impressive 369 per cent over…
Source: Live Mint In the past month, the global equity market had exhibited volatility and mixed performance leading towards the pivotal FOMC decision of September 18. It was highly anticipated that the Fed would break its hawkish policy started since early 2022 and shift to an accommodative monetary policy by initiating a 25bps cut. The…
Source: Live Mint The Indian stock market registered an exceptional week, achieving historic record highs largely driven by a 50-basis-point (bps) rate cut by the US Federal Reserve, showing no significant concerns about the US economy. In the last week of September, investors will closely monitor key market triggers such as domestic and global macroeconomic…
Source: Live Mint The Indian stock market’s initial public offering (IPO) surge is poised to make September the busiest month for public listings in 14 years, according to the Reserve Bank of India (RBI) bulletin data released on September 20. than 28 companies have entered Dalal Street in September so far, both in the mainboard…
Source: Live Mint A Littlle Humour He added that the second problem with sitting on part cash is — “What do you pray for every morning”. “Second problem with sitting on part cash: What do you pray every morning? That markets go down because you have some cash or that the markets go up because…
Source: Live Mint Capital market regulator Securities and Exchange Board of India (SEBI), on Friday, allowed mutual funds to buy and sell credit default swaps (CDS) to improve liquidity in the corporate bond market. “It has been decided to allow greater flexibility to mutual funds to both buy and sell CDS with adequate risk management,”…
Source: Live Mint Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open higher on Friday tracking positive cues from global peers. The trends on Gift Nifty also indicate a mildly positive start for the Indian benchmark index. The Gift Nifty was trading around 25,530 level, a premium of nearly 40 points…
Source: Live Mint Shares of Indus Towers dropped by 13 per cent on Thursday, hitting a low of ₹366.30 on the BSE, following the Supreme Court’s ruling in the Adjusted Gross Revenue (AGR) case, which denied telecom companies’ request for a re-computation. The Supreme Court upheld its previous decision on the AGR issue, insisting that…
