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Source: Live Mint Shares of Vakrangee, one of India’s largest last-mile distribution platforms, surged 4.95% in intraday trade on February 13 to reach ₹15.92 per share, its upper price band, after the company announced that the Reserve Bank of India (RBI) had renewed its authorisation for White Label ATMs. In an exchange filing on Wednesday,…
Source: Live Mint The attempt at global harmony ended in cacophony. As Emmanuel Macron’s ai summit drew to a close on February 11th J.D. Vance, America’s vice-president, bluntly set out an America-first vision for artificial intelligence, castigated Europe for being too rule-bound and left before the usual group photograph. eu countries, for their part, struck…
Source: Live Mint A personal loan comes handy when you are in urgent need of money. Let us suppose, you need funds for organising a wedding or for home renovation, or there is tuition to be paid for your ward who is studying in a boarding school and your financial situation is slightly bad. In such…
Source: Live Mint AU Small Finance Bank Limited (AU SFB), in an exchange filing, announced on Thursday, February 13 that the Reserve Bank of India (RBI) has approved Temasek’s Zulia Investments to acquire up to 7 percent stake in the company. “We hereby inform that AU Small Finance Bank Limited (“AU SFB”) has received a…
Source: Live Mint ICICI Bank share price will be in focus on Thursday after its joint venture partner Prudential plc is considering listing of ICICI Prudential Asset Management by partial divestment of its stake in the company. “Prudential plc announced today that it is evaluating a potential listing of ICICI Prudential Asset Management Company Limited…
Source: Live Mint The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open on a flat note on Thursday following mixed global market cues. The trends on Gift Nifty indicate a mildly positive start for the Indian benchmark index. The Gift Nifty was trading around 23,135 level, a premium of nearly…
Source: Live Mint The National Commodity & Derivatives Exchange Limited (NCDEX) on February 12 announced its entry into the equity and equity derivatives segment, making a significant diversification beyond its traditional agri-focused market. The decision was taken in the 155th Board Meeting of NCDEX held on Wednesday. “The Board of Directors of the Exchange at…
Source: Live Mint Buy or sell stocks: The Indian stock markets continued their losing streak for the eighth successive session, crashing over 900 points on Wednesday’s intraday session before recovering amid mixed global cues. The Nifty 50 index closed 0.12 per cent lower at 23,045.25 points, compared to 23,071.80 points in the previous stock market…
Source: Live Mint IFCI Q3 Results: Industrial Finance Corporation of India, or IFCI Limited, announced its October to December quarter on Wednesday, February 12. The company’s net loss for the third quarter of the financial year 2024-25 jumped 486 per cent to ₹59 crore, compared to a net profit of ₹10.06 crore in the same…
Source: Live Mint Inflows into equity mutual fund inflows witnessed a marginal decline of 3.6 per cent in January, totaling ₹39,687 crore against ₹41,155 crore in December, showed the data released by the Association of Mutual Funds in India (AMFI) on February 12. Despite the slight decrease in monthly inflows, net investments into open-ended equity…
