The FinTech Hub
Source: Live Mint International Gemmological Institute Limited raised ₹1,900 crore from anchor investors ahead of its public issue, according to an exchange filing by the company on Thursday, December 12. The company has allocated 4,55,71,942 or 4.55 crore equity shares to the anchor investors at an allocation price of ₹417 per share, with a face…
Source: Live Mint Wall Street today: The US markets opened today with the S&P 500 and the Nasdaq losing points on Thursday, after closing higher at the previous market close. Stock market investors are eyeing some the last economic datasets ahead of the Federal Reserve’s meeting. At 9:37 a.m. (ET), the Dow Jones Industrial Average…
Source: Live Mint Much of collateral placed by investors is locked in opaque systems controlled by brokers, custodians and banks, Securities and Exchange Board of India’s (Sebi) Whole Time Member Ananth Narayan G said on Thursday, highlighting the inefficiencies within the system. Speaking at the India Fintech Forum 2024 in Mumbai, Narayan said that much…
Source: Live Mint Inventurus Knowledge Solutions IPO has reserved not less than 75% of the shares in the public issue for qualified institutional buyers (QIB), not more than 15% for non-institutional Institutional Investors (NII), and not more than 10% of the offer is reserved for retail investors. The employee portion has been reserved upto 65,000…
Source: Live Mint I have sold my residential flat this month. The sale deed has been executed and registered, and we have received part of the payment. Under the terms of the agreement, the buyer will pay me the balance of the money in June 2025. My long-term capital gain on selling this property is…
Source: Live Mint The calendar year 2024 is about to end, and we will soon welcome 2025. It is that time of the year when people make resolutions related to health, career, finance, relationships, etc. You may have also made some or all of these resolutions. In your finance resolutions, you should add a section…
Source: Live Mint It seems there is fierce competition among stocks to claim the title of the most valuable. With each company pushing the boundaries of pricing and market value, investors are watching closely to see which stock will secure its position at the top. PropShare Platina REIT has now taken the crown as the…
Source: Live Mint The Insurance Broking Association of India recently published a report on general insurance claims, which includes a simple comparison of various insurers’ claims performance across a range of metrics. The data is also broken down by line of business – health, motor, fire, etc. In its 8th edition, the report drew attention…
Source: Live Mint Imagine this – Over 119 million Indians are actively monitoring their credit scores, with a majority emerging from rural and semi-urban areas. This growing financial consciousness is not just a trend but a quiet revolution reshaping India’s economic foundation. Technology is dismantling traditional barriers to financial inclusion, and the importance of maintaining…
Source: Live Mint BlueStone Jewellery and Lifestyle, which offers contemporary lifestyle diamond, gold, platinum, and studded jewellery under its flagship brand “BlueStone” has filed draft papers with markets regulator Sebi to raise funds through an initial public offering (IPO). The proposed IPO is a combination of a fresh issue of shares worth ₹1,000 crore and…
