The FinTech Hub
Source: Live Mint Earlier this year, Axis Bank and HDFC Bank had also introduced minimum quarterly spending caps of ₹50,000 and ₹1 lakh, respectively, on select cards to unlock lounge access on them. A senior bank official of a leading bank informed Mint that the lounge is increasingly becoming a loss-making feature given the increase in…
Source: Live Mint RsHyundai Motor India IPO: The much-awaited mainboard initial public offering (IPO) of leading auto major Hyundai Motor India will open for subscription in India’s primary market on Tuesday, October 15, 2024. Shares of the auto major will hit D-Street on October 22, 2024. The public issue will remain open for bidding for…
Source: Live Mint Sterlite Technologies (STL) has announced its entry into the AI-driven data centre market with a showcase of its integrated offerings at the India Mobile Congress 2024. The portfolio, which includes optical cables, connectivity, and interconnect solutions, was inaugurated by Shri Jyotiraditya Scindia, India’s Honourable Telecom Minister. This development marks a significant leap…
Source: Live Mint MUMBAI : Investment strategies can be aligned with specific factors such as value, quality, momentum, low volatility, alpha, or a combination of these. Value and quality are often viewed as opposing strategies, as they target different characteristics of a company. Value investing seeks stocks that are trading below their intrinsic value, offering…
Source: Live Mint Direct Tax Vivad Se Vishwas Scheme, 2024, was enacted to resolve disputes regarding pending income tax litigation. The scheme aims to give taxpayers peace of mind by settling legal disputes. This scheme was notified on October 1, 2024. After this, several queries were received from the stakeholders seeking guidance in respect of…
Source: Live Mint (Bloomberg)- LVMH shares plunged after sales of fashion and leather goods fell for the first time since the pandemic, revealing the scale of the slump in demand from once insatiable Chinese consumers. Organic revenue at the key unit whose brands include Louis Vuitton and Christian Dior declined 5% in the third quarter….
Source: Live Mint In today’s fast-paced world, immediate financial aid is increasingly important. Mumbai, as a thriving metropolis, offers many opportunities for those seeking urgent loans. This guide provides detailed steps on how to apply for an instant personal loan in Mumbai, ensuring a quick and easy process. Understanding instant personal loans An instant personal…
Source: Live Mint Mutual funds significantly increased their stake in Delhivery, a logistics and supply chain services provider, during the second quarter of the current fiscal year (Q2FY25) to an all-time high. As of the end of September 2024, 22 mutual funds collectively held a 24.91% stake in Delhivery, equivalent to 18.43 crore shares. This…
Source: Live Mint I am 40 and recently received a ₹50 lakh windfall. My portfolio is heavily weighted towards equity mutual funds (60%) with the rest in gold and fixed deposits. Since I already have significant exposure to equities, should I consider investing in real estate with a 15-year horizon, as I may plan for…
Source: Live Mint Nikhil Kamath, co-founder of Zerodha, and True Beacon, an asset management company, after repudiating the idea of owning a house for a long time has eventually caved in, and decided to buy one. He made the revelation recently on his WTF podcast with real estate tycoons Irfan Razack, chairman and MD of…
