The FinTech Hub
Source: Live Mint A lot has been discussed about active versus passive mutual funds, and how to choose between their categories. With many active funds, especially large-cap ones, struggling to consistently outperform their benchmarks, investors are increasingly turning their attention to passive funds. But did you know that within the passive large-cap space—the top 100…
Source: Live Mint Innomet Advanced Materials IPO allotment: The initial public offering (IPO) of Innomet Advanced Materials has been finalised today after overwhelming interest and robust subscriptions. The SME IPO, valued at ₹34.24 crore, opened for bidding on September 11 and closed on September 13. The price band was set at ₹100 per share. Investors…
Source: Live Mint Stock market today: After receiving record bids exceeding ₹3.24 lakh crore, Bajaj Housing Finance’share price was listed at a bumper 114 per cent premium. On the NSE and BSE, Bajaj Housing Finance’s share price opened at ₹150 apiece, delivering multibagger returns to its lucky share allottees. However, the newly listed Bajaj Group…
Source: Live Mint Receiving a gift, whether it’s cash, property, or a sentimental item, is always a delight. However, not all gifts come without strings attached – some may bring a tax bill along with them. Gift-giving is a cherished part of Indian culture, often reflecting love, respect, and generosity. While many gifts are modest,…
Source: Live Mint MUMBAI : PVR Inox Ltd has got a shot in the arm with the roaring success of Stree 2. The Hindi horror comedy, starring Shraddha Kapoor and Rajkummar Rao, has garnered ₹573 crore since its release on 15 August, according to Bollywood Hungama website. Thus, it is not surprising that PVR Inox’s…
Source: Live Mint We are in a phase of economic evolution where social security for oneself and family is achieved and shaped largely by individual financial planning and efforts rather than as a community mechanism, although a small part may be facilitated by government-backed mechanisms like the Employees’ Provident Fund, which does not cover the…
Source: Live Mint Whenever you fall short of money or stare at a sudden shortfall, all you typically think of is to raise a personal loan. There could be a slew of reasons to raise a personal loan. You might want to buy an expensive gift for your partner, or there could be an urgent requirement…
Source: Live Mint Western Carriers India IPO: Bidding for the initial public offering (IPO) of Western Carriers (India) Limited opened on 13th September 2024, i.e. on Friday last week. The public issue will remain open until 18th September 2024, i.e. Wednesday this week. The company has fixed the Western Carriers India IPO price band at…
Source: Live Mint If you are planning to subscribe to a credit card and believe that a credit card will only help you borrow credit to make payments for a slew of products and services then you are mistaken. There are a range of other services also that a credit card offers including fuel surcharge waiver,…
Source: Live Mint What ‘world peace’ is to Miss India contestants, ‘geopolitical risk’ is to fund managers – a cliched answer that they spout when faced with the inevitable ‘What is the risk?’ question. Bertie, too, has often used this platitude and when his client recently asked him the oft-repeated risk question, he unfurled the…
