The FinTech Hub
Source: Live Mint Enviro Infra Engineers Limited’s initial public offering (IPO), through a book-building process, offers a fresh issue and an offer-for-sale (OFS) component. The IPO completed its second day of public bidding on Monday, November 25. The public offer was subscribed 12.52 times on the second day as investors bid for 38,55,19,222 or 38.55…
Source: Live Mint With the rapid progress of digitisation, credit cards have evolved significantly. Recent advancements in the credit card space include features like contactless payments, virtual cards, and mobile wallets. One such innovation is the introduction of chatbots for credit cards. Like other innovations, chatbots aim to simplify and make your payments easier. What…
Source: Live Mint US stocks advanced on Monday after Scott Bessent was nominated as Treasury Secretary in the incoming Donald Trump administration. At 09:50 a.m. the Dow Jones Industrial Average rose 459.25 points, or 1.03 per cent, to 44,753.77, the S&P 500 gained 43.12 points, or 0.72 per cent, to 6,012.50 and the Nasdaq Composite…
Source: Live Mint What if your premiums remain the same if you don’t make a claim? A few insurance companies are offering exactly this with premium lock-in options. This will freeze your premium amount until you make a claim or reach a certain age. Some products that provide this option include Niva Bupa Reassure 2.0,…
Source: Live Mint Medical emergencies can strike without a warning, forcing people and families into unexpected bills. From hospitalization expenses to prescriptions and surgical treatments, there’s a possibility that these costs could overshadow one’s savings and any health insurance that the person may have. In such a scenario, personal loans offer much-needed financial support so…
Source: Live Mint Upcoming IPO: Kalpataru Ltd and Unimech Aerospace and Manufacturing Ltd has been issued final observation by the Securities and Exchange Board of India (SEBI), allowing them to raise funds through an initial public offering (IPO). Kalpataru filed its IPO documents with SEBI on August 14, 2024, while Unimech Aerospace and Manufacturing filed…
Source: Live Mint But with heavyweights such as HDFC Infinia, Axis Atlas and Axis Magnus Burgundy serving up stiff competition, do you really need an Amex card? Ashwin, a credit card enthusiast who tweets as @drgrudge, said given how elusive Infinia and Magnus Burgundy are, credit card users could consider getting an Amex card. “Both…
Source: Live Mint If you have been scouting for a personal loan and have already received a few offers from different banks, it is recommended that you compare the impact of the difference in interest rates on your EMIs. Let us examine this in detail For instance, one bank offers a ₹10 lakh loan at…
Source: Live Mint C2C Advanced Systems’ three-day initial public offering (IPO) opened for subscription on Friday, November 22 in the price range of ₹214 to ₹226 per share. The IPO was subscribed on the first day itself, with strong demand from retail and institutional investors. The IPO consists of a fresh issue of 4,383,600 equity…
Source: Live Mint Imagine enjoying a nice meal from your favourite restaurant at your home or dining out and paying a small sum as the bill. A dining credit card will help you get an additional discount on your food bill many times. However, users should be aware of high fees and the probability of…
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