The FinTech Hub
Source: Live Mint Stock market news: Paisalo Digital’s promoter group entity, a venture capital fund, has raised its stake in the company. According to a stock exchange filing, Equilibrated Venture Cflow, a Delhi-based venture capital fund and a promoter group firm of the non-banking financial company, has bought a little over 7.39 lakh equity shares,…
Source: Live Mint Metropolis Healthcare Ltd has chosen the inorganic route to climb the value chain in pathology by acquiring a 100% stake in Core Diagnostics, a specialist in oncology (cancer) testing. The impressive part is that it also helps Metropolis cash in on its rich valuation, as 45% of the payment will be funded…
Source: Live Mint Top Gainers and Losers Today : The **Top Gainers and Losers Today**: The Nifty index closed at 24619.0, experiencing a decline of 0.04%. Throughout the trading session, the Nifty reached a high of 24677.8 and a low of 24510.65. Similarly, the Sensex traded within a range of 81726.34 and 81182.69, ultimately closing…
Source: Live Mint Indian stock markets have delivered an impressive 13 percent year-to-date (YTD) gain in 2024, with nearly all sectoral indices recording positive performance. The realty and pharma sectors stood out, posting gains of 39 percent and 32 percent, respectively. Meanwhile, indices like Nifty IT, Nifty PSU Bank, and Nifty Auto climbed over 20…
Source: Live Mint IPOs this week: India’s primary market will witness intense action as three new mainboard initial public offerings (IPOs) will open for bidding on Wednesday, December 11, 2024. Investors will be busy tracking the new issues for day-by-day subscription status, grey market premiums (GMPs), and the key dates to get the desired allotment….
Source: Live Mint Fintech major One MobiKwik System’s public issue is set to hit the market to open for subscription on December 11. Incorporated in March 2008, Mobikwik is a fintech company providing prepaid digital wallets and online payment services. MobiKwik provides a range of payment services, enabling consumers to pay utility bills, such as…
Source: Live Mint US stocks were mixed on Tuesday ahead of a key inflation data this week. At the opening bell, the Dow Jones Industrial Average fell 110.4 points, or 0.25 per cent, to 44,291.57. The S&P 500 rose 4.7 points, or 0.08 per cent, to 6,057.59, while the Nasdaq Composite rose 59.7 points, or…
Source: Live Mint The NSEL Investor Action Group (NIAG), which withdrew the consent after an emergency meeting on 6 December, accused 63 Moons of violating the foundation of the settlement talks by seeking permission to access ₹300 crore from attached assets without consulting the group. However, the NSEL Investors Forum (NIF) has claimed that it…
Source: Live Mint Google has unveiled its latest quantum chip, Willow, marking a significant breakthrough in quantum computing. According to the tech giant, Willow’s extraordinary capabilities promise to tackle challenges that traditional computers could never solve, paving the way for future innovations in science, technology, and beyond. What makes Willow special? Willow’s two major achievements…
Source: Live Mint In a market environment where only 35% of portfolio management services (PMS) strategies have outperformed the broader indices, a disciplined approach on the part of PMS funds continues to deliver exceptional value for investors. Q2FY25 was a reset quarter for the market. FIIs were selling due to higher valuations and concerns about…
