The FinTech Hub
Source: Live Mint Ather Energy IPO: Ather Energy Ltd’s initial public offering (IPO) is a book-built issue offering investors a fresh issuance of equity shares worth ₹2,626 crore along with an offer-for-sale (OFS) component of 1.1 crore equity shares. The two-wheeler electric vehicle (EV) maker’s public issue opened for bidding on Monday, April 28, and…
Source: Live Mint Top News 1/ SEBI’s circular dated December 12, 2023, requires Stock Brokers (SBs) and Clearing Members (CMs) to upstream clients’ funds to Clearing Corporations (CCs) at the end of each business day. This can be done in the form of cash, lien on Fixed Deposit Receipts, or by pledging units of Mutual…
Source: Live Mint Top News 1) The Reserve Bank of India’s ₹40,000 crore open market operation (OMO) auction on Thursday witnessed robust participation, with total bids reaching ₹81,015 crore. Banks and primary dealers actively sought longer-tenure bonds, which were offered at favorable prices. The 7.23% GS 2039 bond, auctioned at 105.7 compared to its market…
Source: Live Mint Top News 1. The Securities and Exchange Board of India (SEBI) has issued a comprehensive framework for Specialised Investment Funds (SIFs) through a recent circular, aiming to strengthen the alternative investment ecosystem in India. This initiative is part of SEBI’s broader strategy to facilitate innovation and attract diverse investor participation in the…
Source: Live Mint Third-party logistics company Delhivery will acquire Ecom Express Limited for ₹1,407 crore. The company informed the exchanges on Saturday, April 5, that the Board has approved to buy nearly 99.4% of shares of Ecom Express. “We wish to inform you that the board of directors of Delhivery Limited (“the Board” and “the…
Source: Live Mint IPO Watch: Mumbai-based logistics and freight firm Om Freight Forwarders Limited filed its draft red herring prospectus (DRHP) with the markets regulator, the Securities and Exchange Board of India (SEBI), to raise funds from the Indian stock market. Om Freight Forwarders is a logistics and freight company with offices in China, Hong…
Source: Live Mint Upcoming IPO: Gurugram-based pathology and imaging firm Modern Diagnostic & Research Centre Ltd filed its draft red herring prospectus (DRHP) with the markets regulator Securities and Exchanges Board of India (SEBI) on Monday, April 1. The company started its pathology and imaging operations in 1985 from New Railway Road in Gurugram, and…
Source: Live Mint “No, it is the stock market,” he quipped. While benchmark indices have clawed back some lost ground after a prolonged spell of weakness, Verma’s portfolio is still sporting an enchanting shade of crimson. Has Lady Luck singled him out for special consideration? Or did bad decision-making also play a part? Verma, who…
Source: Live Mint Upcoming IPO: Gujarat-based renewable energy solutions provider Prozeal Green Energy has filed its draft red herring prospectus (DRHP) with the markets regulator, the Securities and Exchange Board of India (SEBI), to raise funds from the stock market. Prozeal Green Energy is a renewable energy solutions provider which aims to contribute to a…
Source: Live Mint “Any regulator in any sector needs to balance these two sides,” the Sebi chief said at the Mint India Investment Summit and Awards 2025 in Mumbai on Saturday. “F&O itself is a complex market. We cannot have a sledgehammer or a blunt approach; we need a surgeon’s knife. We need to know…
