The FinTech Hub
Source: Live Mint Hyundai Motor Co’s Indian subsidiary, Hyundai Motor India, is in talks with more than 100 top global and domestic investors to take part in the anchor book round of its public issue, Moneycontrol reported on Wednesday, quoting people aware of the development. Anchor investors such as GIC, Capital Group arms, Fidelity Group…
Source: Live Mint When Meta, the parent company of Facebook, announced its latest open-source large language model (LLM) on July 23rd, it claimed that the most powerful version of Llama 3.1 had “state-of-the-art capabilities that rival the best closed-source models” such as GPT-4o and Claude 3.5 Sonnet. Meta’s announcement included a table, showing the scores…
Source: Live Mint Unified Payments Interface, or UPI, undoubtedly, has lately become ubiquitous. It has emerged as one of the world’s most popular alternative payments method, processing transactions to the tune of ₹80.8 lakh crore ($964 billion) in April-July 2024, a sharp 37 per cent year-on-year (y-o-y) surge in comparison to previous year. To give…
Source: Live Mint In a recent report on the power sector, Nomura has initiated coverage on Tata Power and JSW Energy, giving them a ‘buy’ rating and setting target prices of ₹560 and ₹885, respectively. The brokerage is of the opinion that India’s power sector offers substantial growth opportunities and it sees green energy as…
Source: Live Mint Growing up in a middle-class family in Bengaluru, Swaminathan was always acutely aware of the importance of financial independence. His father, a banker, instilled in him the value of saving and prudent financial management from an early age. “I was determined to build a secure financial future for myself,” he says, reflecting…
Source: Live Mint Business credit card is a card which caters to the self-employed professionals and corporates, and used for the purpose of incurring business expenditure whereas a personal credit card, as the name suggests, is used for making personal expenditure only. This credit card is given to small and medium enterprises (SMEs), corporates and…
Source: Live Mint Shiv Texchem IPO Day 2 subscription status: The Shiv Texchem initial public offering (IPO) continued to attract strong investor interest on its second day of subscription. As of 1:55 pm on October 9, the issue was subscribed 7.67 times across all categories, showing promising momentum. The retail investors led the demand with…
Source: Live Mint Personal loans have become an essential financial tool for many, offering quick access to funds for various needs—be it medical emergencies, weddings, or travel. However, one of the most crucial factors to consider when taking out a personal loan is the interest rate. A lower interest rate can save you significant money…
Source: Live Mint An application was made to the housing board for allotment of a plot of land in 2014, and application money of ₹1 lakh was paid. By 2015, the allotment was confirmed through a lottery, and an allotment letter containing the payment schedule of the balance purchase consideration was issued. I made the…
Source: Live Mint Corporate giants emerged from the pandemic poised to expand their empires, but have these ambitious moves paid off for shareholders? Mint examines how 16 of India’s top businesses, part of the Nifty50 index, seized post-pandemic opportunities, strategically expanded both organically and inorganically over the past three years, leveraging acquisitions and partnerships to…
