The FinTech Hub
Source: Live Mint Indian equities have been on a rollercoaster ride over the past month, with sharp bouts of selling swiftly followed by bargain hunting as investors pounce on dips. During this volatile phase, the benchmark indices—Nifty 50 and S&P BSE Sensex—have dropped by 5% and 4%. On Tuesday, the Nifty 50 plunged to its…
Source: Live Mint Gold prices for the 99.9 per cent purity yellow metal fell ₹1,750 to ₹77,800 per 10 grams on Monday due to lagging demand from jewellers in India and weak global cues, reported the news agency PTI citing the All India Sarafa Association. Also Read | Gold rate today: Yellow metal trades near…
Source: Live Mint Zinka Logistics Solution Limited, the operator of the BlackBuck app, a payments platform which caters to truck operators, raised ₹501.33 crore from investors in its anchor round ahead of the public issue, according to the company’s BSE filing on Tuesday, November 12. As per the exchange filing, the company has allocated 1,83,63,915…
Source: Live Mint ACME Solar Holdings IPO Allotment: The initial public offering (IPO) of ACME Solar Holdings Ltd closed with decent subscription. As the bidding period has ended, applicants can check ACME Solar IPO allotment, which is finalised today. The public was open for subscription from November 6 to 8. ACME Solar IPO allotment date…
Source: Live Mint Zinka Logistics Solution IPO: The mainboard initial public offering of the digital truck operator platform Zinka Logistics Solution Limited will hit India’s primary market to open for subscription on Wednesday, November 13, 2024. Zinka Logistics Solution IPO: Here are top 10 things to know before subscribing to the issue 1. Zinka Logistics…
Source: Live Mint US stocks were muted on Tuesday as investors were awaiting the key economic data such as inflation and retail sales due later in the week. At the opening bell, the Dow Jones Industrial Average rose 66.1 points, or 0.15%, to 44,359.21. The S&P 500 rose 2.3 points, or 0.04%, to 6,003.6, while…
Source: Live Mint What followed was nothing short of a nightmare. Within an hour, the octogenarian received calls from people posing as Central Bureau of Investigation (CBI) officers from Mumbai. They alleged that his Canara bank account had been used to launder money. Oswal did not have an account with Canara Bank, but the scamsters…
Source: Live Mint Mangal Compusolution Limited’s initial public offering (IPO), through a book-building process, offers a fresh issue of 36 lakh equity shares aggregating to ₹16.23 crore, which opened for public bidding on Tuesday, November 12. The public offer was oversubscribed 2.65 times on Day 1 as investors bid for 90.78 lakh shares, compared to…
Source: Live Mint Dogecoin, the cryptocurrency featuring the face of Kabosu from the “doge” meme, witnessed 145 per cent growth since the Republican candidate Donald Trump won the US Presidential Elections 2024 to become the President-elect, eyeing to make a White House comeback, the Economic Times reported on Tuesday, November 12. Dogecoin has gained nearly…
Source: Live Mint Devyani International Ltd continues to battle weak consumption demand, especially in urban areas. This has hurt the quick-service restaurant operator’s same-store sales performance for many quarters now. The September quarter (Q2FY25) was no exception. Same-store sales dropped 6-7% last quarter in key brands KFC and Pizza Hut. Same-store sales measure comparable sales…
