The FinTech Hub
Source: Live Mint Capital markets regulator Sebi has imposed a penalty of ₹10 lakh on Axis Securities for flouting stock brokers rules as well as other regulatory norms. The penalty has to be paid by the brokerage firm within 45 days, the regulator said in an order on Friday. In an 82-page order, Sebi found…
Source: Live Mint Dividend Stocks: Shares of several major companies, which includes International Gemological Institute (IGI) India, Power Finance Corp., Panchsheel Organics, and SBI Cards and Payment Services, are set to trade ex-dividend from Monday, February 24, according to the data collected from BSE. Also Read | Jhunjhunwala-backed multibagger PSU stock sheds 42% in 6…
Source: Live Mint Robust order book to drive revenue growth: As of 31st Dec’24, the company’s order book stood at ₹55,548 Cr across various segments, providing revenue visibility for the next 2-3 years. With its strong execution track record, the company is well-positioned for steady revenue growth. We expect it to achieve a CAGR of…
Source: Live Mint New Delhi, Feb 22 (PTI) Industry body Amfi has launched three initiatives — SIP for smaller investments, Tarun Yojana to encourage young investors, and MITRA to help track and recover forgotten investments. These initiatives align with markets regulator Sebi and Association of Mutual Funds in India’s ongoing efforts to democratise mutual fund…
Source: Live Mint Gold Rate and Silver Price Today on February 22, 2025: Gold prices experienced a modest decrease on Saturday. The cost of 24 carat gold in India is Rs.8756.3 per gram, reflecting an decrease of ₹ 660.0. The cost of 22 carat gold in India is 8031.3 per gram, a fall of ₹570.0….
Source: Live Mint Berkshire Hathaway Inc.’s operating earnings surged 71% in the fourth quarter, as higher interest rates lifted the conglomerate’s investment income and its insurance business improved. Operating earnings were $14.5 billion in the three months through December, Warren Buffett’s Omaha, Nebraska-based conglomerate said Saturday in a statement. The increase was driven in part…
Source: Live Mint Quality Power IPO: After receiving a tepid response from the Indian primary market investors, Quality Power IPO share allottees eagerly await the Quality Power IPO listing date. The listing date for the initial public offering (IPO) of Quality Power Electrical Equipments Limited has been declared on 24 February 2025, i.e., Monday next…
Source: Live Mint Small-cap stock under ₹50: Hazoor Multi Projects Limited (HMPL) announced on Friday, February 21, that the firm has secured a 102.10 crore order from Venkatesh Infra Projects Pvt. Ltd. to build the structural steel for Mumbai’s Versova Bandra Sea Link project, according to an exchange filing. Shares of Hazoor Multi Projects will…
Source: Live Mint Bharti Airtel-owned Indus Towers Limited on Saturday, February 22, announced that the rating firm Crisil Ratings had upgraded its ratings for the long-term bank loan facilities and its ₹1,750 crore bonds to “Positive” from its earlier level of “Stable,” according to the exchange filing. Indus Towers shares will be in focus on…
Source: Live Mint Mutual funds have increasingly become extremely popular among retail investors for wealth creation. The latest data revealed by the Association of Mutual Funds in India (AMFI) shows that total assets held by individual investors rose by over 30 percent in just one year. Individual investors held ₹41.43 lakh crore in mutual funds…
