The FinTech Hub
Source: Live Mint ChatGPT-owner OpenAI is allowing its employees to sell roughly $1.5 billion worth of shares in a new tender offer to Japan’s SoftBank Group, two sources familiar with the matter told Reuters on Wednesday. SoftBank’s billionaire CEO Masayoshi Son has been persistent in seeking a larger stake in the startup after investing in…
Source: Live Mint Benchmark indices have undergone a correction of nearly 10 per cent in the past couple of months, leaving investors jittery and anxious. When investors are unsure about the blue chips and mid-caps alike, there are some sectors and themes which are still investible. The IT sector got an impetus soon after Donald…
Source: Live Mint Personal loans are one of the most commonly used financial tools to address the need for emergency funds, as they can be used for multiple purposes. These are unsecured loans, meaning they do not require any collateral as a guarantee. Compared to other loans, eligibility for a personal loan is less strict,…
Source: Live Mint Suraksha Diagnostic IPO: The issue opens for subscription on 29 November 2024. Here are 10 Key things to know from the RHP 1.Suraksha Diagnostic IPO: Key dates On November 29, 2024, the Suraksha Diagnostic IPO will be available for subscriptions, and it ends on December 3, 2024. On Wednesday, December 4, 2024,…
Source: Live Mint Index funds are investment vehicles designed to track a benchmark index. Their objective is to replicate the overall performance of the index they follow. When an investor places money into an index fund, the funds are allocated across the companies that constitute the chosen index, thereby offering a diversified portfolio. Index funds…
Source: Live Mint Floater credit cards or supplementary credit cards can be quite useful for meeting the financial requirements of a family. A floater credit card is an additional credit card that shares the credit limit with the primary card. These cards can be given to a family member, say a spouse. Virtual credit cards…
Source: Live Mint Indian benchmark indices experienced significant volatility in today’s session, as a rebound in Adani Group stocks was offset by weak performances from heavyweights, leading to wide fluctuations throughout the day. However, the indices managed to close with healthy gains. Positive developments in the Middle East also contributed to the rebound, with Israel…
Source: Live Mint With overheated markets, the challenge of balancing risk and returns has become more pronounced. For those seeking stability and inflation-beating growth, multi-asset allocation funds (MAAFs) may be a viable alternative to debt mutual funds or fixed deposits (FDs). MAAFs are structured to invest in a mix of asset classes—commonly equities, debt, and…
Source: Live Mint Lamosaic India IPO allotment: Interior decoration products manufacturer Lamosaic India Ltd will likely announce the IPO share allotment on Wednesday, November 27. The public offer closed for bidding on Tuesday and was subscribed more than two times. Lamosaic India IPO investors are now awaiting the finalisation of the Lamosaic India IPO allotment…
Source: Live Mint As Artificial Technology (AI) gets more advanced by the day, so much so that single individuals start forming a bond with it, Eric Schmidt, the former CEO of Google, has raised concerns. Referring to AI as the “perfect” girlfriend or boyfriend, Schmidt warned that young individuals forming emotional attachments to AI chatbots…
