The FinTech Hub
Source: Live Mint Brokers collect exchange transaction fees from traders and pass them on to exchanges; however, exchanges used to give these brokers discounts for fetching massive volumes, something the brokers used to keep for themselves. The debut of the new regime on 1 October ends this practice, forcing brokers to transfer the entire transaction…
Source: Live Mint Hyundai Motor India IPO: The much-awaited mainboard initial public offering (IPO) of leading auto major Hyundai Motor India Ltd will open for subscription on Tuesday, October 15, 2024. The IPO of the Indian subsidiary of South Korea’s Hyundai Motor Company is set to become the largest public issue in India, surpassing Life…
Source: Live Mint US-based short seller Hindenburg Research released a report on the gaming giant Roblox Corporation, alleging that the company has inflated its key metrics for Wall Street, the short seller said in its report titled ‘Roblox: Inflated Key Metrics For Wall Street And A Pedophile Hellscape For Kids’, released on Tuesday, October 8….
Source: Live Mint International crude oil prices reversed Monday’s gains and crashed five per cent on Tuesday, October 8, snapping a five-day rally, as fears of supply disruptions from the conflict between Israel and Iran eased after Iranian-backed Hezbollah signalled support for a ceasefire proposal put forth by Lebanon’s government. Local news reports suggested a…
Source: Live Mint Latest Market News Today Live Updates: Catch today’s market wrap-up! Track Nifty 50 and Sensex movements, along with top gainers and losers. See how Asian and US markets fared and which sectors led the charge (or declined). Summary: Follow Mint’s market blog for real-time updates on your favourite companies. This blog keeps…
Source: Live Mint IPO News Today Live Updates: Navigate the dynamic world of initial public offerings with our dedicated IPO News section. Here, we bring you the latest updates on companies stepping into the public market, offering insights into their financial strategies, valuation, and market reception. Whether you’re an investor looking for new opportunities or…
Source: Live Mint Hang Seng Index of Hong Kong has dropped by 9.4 per cent, which is its biggest decline since 2008. This drop has wiped out its highest gains made during a Chinese holiday. Previously, Zheng Shanjie, the Chairperson of China’s National Development and Reform Commission, stated that China was “fully confident” of accomplishing…
Source: Live Mint The soft drink Pepsi’s parent company, Pepsico Inc., announced double-digit organic sales growth for the Indian market in the third quarter of the calendar year 2024, reported the news agency PTI on Tuesday, October 8. “There are pockets of strength in International, Southeast Asia and India markets that are growing nicely,” said…
Source: Live Mint The initial public offering (IPO) of Garuda Construction and Engineering, which opened for bidding on October 8, was subscribed over 1.91 times on the first day, Tuesday. According to stock exchange data, the issue received bids for 3,80,15,666 shares compared to the 1,99,04,862 equity shares offered, with a price range of ₹90-95….
Source: Live Mint The market regulator has proposed new draft rules to create a standardized policy for sharing financial market data with research institutions, analysts and other stakeholders. The Securities and Exchange Board of India (Sebi) had formulated a data-sharing policy in 2018 for analytics projects, research activities, and more. Since its inception, the regulator…
