The FinTech Hub
Source: Live Mint The US stock markets opened lower on Friday, September 20, as investors held back after a jump in the previous session, which was fueled by the United States Federal Reserve’s (FED) big 50 basis point rate cut on Wednesday. At 9:30 am (EDT), the stock markets opened for the United States at…
Source: Live Mint HDB Financial Services, a subsidiary of India’s biggest private lender, HDFC Bank, received the board’s nod for an initial public offering (IPO) of equity shares on Friday. The IPO will comprise a fresh issue of shares worth ₹2,500 crore and an offer for sale (OFS) by existing shareholders, HDFC Bank informed in…
Source: Live Mint Domestic brokerage JM Financials is bullish on Ami Organics and has initiated coverage on the small-cap pharma stock with a ‘but’ ratinover strong volume growth prospects and robust profit over the next three years. The brokerage has set the target price at ₹1,975 against a current market price (CMP) of ₹1,625.55. Read…
Source: Live Mint A number of banks have lately rolled out new deposit schemes to woo the current and new depositors. Some of these schemes are rolled after making minor tweaks in the regular deposit schemes. For instance, Bank of Baroda (BOB) has rolled out a recurring deposit plan which is similar to a recurring…
Source: Live Mint Adani Energy Solutions, part of Adani Group, has had a volatile 2024, with the stock down over 6 percent YTD. In the last one year, it gained just 14.5 percent. Despite this lacklustre performance, brokerage firm Cantor sees potential multibagger returns for the stock. It has initiated a call on the Adani…
Source: Live Mint Popular Foundations IPO;: On September 13, 2024, the IPO subscription for Popular Foundations began, and it concluded on September 19, 2024. Pelatro IPO was subscribed 9.21 times with the issue subscribed 14.89 times in the retail category, 3.54 times in Other category by the last day i.e 19 September’2024 On Friday, September…
Source: Live Mint The Employees Provident Fund Organisation (EPFO) has issued a circular highlighting the allotment of funds for the year 2024-25 towards welfare activities of employees. The total budget for welfare activities, reads the circular, is ₹13.10 crore — out of which ₹74.37 lakh belong to the holiday homes alone. Excluding the budget for…
Source: Live Mint Top Gainers and Losers Today : **The Top Gainers and Losers Today** The Nifty index closed at 25,415.8, marking an increase of 1.48%. During the trading session, the Nifty reached a high of 25,849.25 and a low of 25,426.6. The Sensex traded between 84,694.46 and 83,187.64, ultimately closing 1.63% higher at 83,184.8,…
Source: Live Mint Credit cards are one of the easiest ways to buy your favourite products without paying for them in cash immediately. But what does it mean for banks that provide you credit? How do they benefit by lending money to you? Or do they have to wait till the due date to get…
Source: Live Mint Axis Bank on SEBI order against subsidiary: ‘Only for new merchant assignments, other biz ops unaffected’ Nikita Prasad Published20 Sep 2024, 03:18 PM IST Trade Now Mint Image details awaited Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint…
