The FinTech Hub
Source: Live Mint The Nifty gets a makeover twice a year and this time, Zomato and Jio FInancial are in, while BPCL and Britannia are out. A lot of regular investors think this is a chance to make easy money. A Mint analysis reveals that over the past decade, roughly 64% of retail investors chasing…
Source: Live Mint Shares of Indian Renewable Energy Development Agency (IREDA) climbed nearly 2 percent in intra-day trading on Monday, March 17, as investors anticipated the outcome of the company’s upcoming board meeting. The board is set to discuss a proposal for the enhancement of its borrowing plan for the financial year 2024-25. “This is…
Source: Live Mint Shares of Indian Railway Finance Corporation (IRFC) will be in focus today, March 11, 2025, after the company announced that its Board of Directors is scheduled to meet on March 17, 2025, to consider the declaration of a second Interim Dividend for the financial year 2024-25. Investors are closely watching this development…
Source: Live Mint On a day global stock indices were battered by rising international trade tensions induced by US President Donald Trump, Indian markets followed their slump, with all gauges dipping sharply. Japan’s Nikkei and China’s CSI 300 fell 2.88% and 1.97%, respectively, amid weak openings for Germany’s Dax and French CAC. Almost on cue,…
Source: Live Mint Shares of Granules India tumbled nearly 8 percent in intra-day trade on February 28, 2025, after the United States Food and Drug Administration (US FDA) issued a warning letter to the company’s Gagillapur facility. US FDA Warning and Regulatory Impact In a regulatory filing, Granules India confirmed that the US FDA issued…
Source: Live Mint Ajax Engineering IPO listing: Ajax Engineering shares make a weak debut on Monday, February 17, listing at ₹576 on NSE, a discount of 8.43 percent versus its IPO price of ₹629. Meanwhile, on BSE, it listed at ₹593, down 5.7 percent from IPO price. Ajax Engineering s initial public offering (IPO), valued…
Source: Live Mint Shares of Vakrangee, a LIC-backed penny stock, were locked in their 5 percent upper circuit at ₹16.71 on Friday, February 14, following the Reserve Bank of India’s (RBI) decision to renew its authorisation for White Label ATMs. This marked the second consecutive session that the stock hit its upper circuit. In an…
Source: Live Mint ITI Q3 Results: State-run telecom equipment manufacturer ITI posted strong results for the quarter ended December 31, 2024 (Q3FY25). It reported a net loss of ₹48.9 crore for the quarter, significantly improving from the ₹101.3 crore loss recorded in the same quarter of the previous fiscal (Q3FY24). Meanwhile, the company’s revenue from…
Source: Live Mint For decades, India’s salaried class viewed themselves as a minority—sandwiched between the elite and what they believe is the world’s largest population of the “politically pampered”. And in most Budgets, they found the discourse to be dominated by farmers, the poor, women and other groups. Which is why the record ₹1 trillion…
Source: Live Mint Bajaj Broking stated that Finance Minister Nirmala Sitharaman created history on February 1, 2025, by presenting her eighth consecutive Union Budget, reinforcing the government’s commitment to economic growth. This budget plays a crucial role in laying out a roadmap for achieving Viksit Bharat (Developed India). The Finance Minister emphasised four key growth…
