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Source: Live Mint NTPC Green Energy Limited is considering seeking a valuation of nearly $12 billion for its upcoming initial public offerings (IPO), potentially making it one of the biggest IPOs in the renewable energy industry, news agency Bloomberg reported on Tuesday, November 12, citing people aware of the development. NTPC Green Energy Ltd is…
Source: Live Mint In a bid to discourage non-serious applicants, IDFC First Bank has started charging the joining fee upfront before dispatching its Mayura and Ashva credit cards. “Upfront payment of joining fee + GST required for dispatch of metal credit card. The fee is non-refundable,” IDFC First Bank said. While the joining fee is…
Source: Live Mint While NPS Tier-1 offers tax benefits but restricts withdrawals, Tier-2 offers flexible withdrawals without tax benefits. Mutual funds command an asset base of ₹67 trillion. The NPS Tier-1 account has an asset base of ₹2.28 trillion, excluding contributions by state and central government employees. Meanwhile, the NPS Tier-2 accounts for just ₹6,510…
Source: Live Mint Hyundai Motor Q2 Results: Hyundai Motor India Ltd on Tuesday reported its earnings for the second quarter of FY25, with a fall in net profit and revenue. This is Hyundai Motor’s first earnings report since listing on Indian stock exchanges. Hyundai Motor India reported a 16% fall in its consolidated net profit…
Source: Live Mint Retirees or those close to retirement face the challenge of managing their savings throughout their lifetime. At this stage they no longer have the luxury of building up their savings and instead need to withdraw from their corpus. They cannot afford substantial erosion of their corpus as it must cover their expenses….
Source: Live Mint SoftBank Group Corp. swung to a quarterly profit on a series of successful Indian listings and a rebound in tech valuations that boosted the Vision Fund portfolio. The Tokyo-based company earned a net income of ¥1.18 trillion ($7.7 billion) in the September quarter, compared with a net loss of ¥931 billion last…
Source: Live Mint Imagine that you have planned a trip to Switzerland months ago, keeping in mind your finances, the weather of the destination, your work schedule, etc. You have booked everything for the trip, from flight tickets to hotel stays. Just before a week of the journey, you are diagnosed with dengue, and now…
Source: Live Mint Stock Market today: UPL Ltd share price gained more than 7% in the morning trades on Tuesday. UPL had reported its Q2 results on Monday and Volume Driven Growth continued though was offset by price decline UPL share price opened at ₹520.05 on Tuesday on the BSE, slightly higher than the previous…
Source: Live Mint India’s Department of Pension & Pensioners’ Welfare has launched Digital Life Certificate Campaign 3.0. The initiative, known as “Jeevan Pramaan,” aims to make it easier for over 78 lakh Employees’ Provident Fund Organisation (EPFO) pensioners to submit life certificates online, removing the need for physical visits to banks. With the new digital…
Source: Live Mint This disparity, evident both globally and in India, demands urgent attention. Recent data from the 2023 OECD/INFE International Survey reveals that women globally score less than men in financial well-being and resilience. The S&P Global FinLit Survey states that worldwide, 35% of men and 30% of women are financially literate. In India,…
