The FinTech Hub
Source: Live Mint If you are using UPI Lite for small-value transactions, then there is good news for you. Starting October 31, you will be able to use auto top-up option for reloading the amount of your choice in your UPI Lite account. By issuing a circular dated August 27, the National Payments Corporation of…
Source: Live Mint Expert view: Pramod Gubbi, the co-founder of Marcellus Investment Managers, believes the valuation of Nifty 50 is high but not out of balance. In an interview with Mint, Gubbi discussed the long-term opportunities and the impact of the US Fed rate cut on the Indian stock market. Edited excerpts: Does this market…
Source: Live Mint “Which mutual fund should I invest in?” It must have been the 20th time my sister had called to ask me this. As usual, I tried explaining the basics but was quickly interrupted this time. “Don’t waste my time, just tell me where most people are investing.” This was understandable. She had…
Source: Live Mint Zomato share price: Rising over 5 per cent in intraday trade, shares of Zomato hit its fresh all-time high of ₹285.95 in intraday trade on the BSE on Thursday, September 12. The stock finally closed 4.49 per cent higher at ₹283.90, extending its winning streak into the sixth consecutive session. The stock…
Source: Live Mint Do you have multiple loans to repay and worry that settling them all will take a long time? While there are several strategies for managing debt, one option is to use a new personal loan to pay off existing ones. Although this approach may seem risky, and some might warn against it…
Source: Live Mint Bajaj Housing Finance IPO’s record-breaking subscription presents a more concerning scenario compared to the ₹12-crore IPO of Resourceful Automobile, an SME company, which attracted bids worth ₹4,800 crore. The ₹6,560-crore IPO of Bajaj Housing Finance set a new record, with subscriptions exceeding ₹3 lakh crore. The IPO was oversubscribed 63.61 times, receiving…
Source: Live Mint A HUF consisted of a father, his wife and their son. The wife passed away in 2010, but the HUF continued with the father and son as members. Differences arose between the father and the son. The son was allotted specific properties and separated himself from the HUF. No order was sought…
Source: Live Mint Ather Energy Ltd has yet to announce the pricing for its upcoming initial public offering (IPO), which will be a mix of fresh issue and offer for sale. However, investors can draw inspiration from Hero MotoCorp Ltd’s strategy. If Ather seems like a risky bet, investors may find comfort in Hero, which…
Source: Live Mint Despite the perennial rent versus buy conundrum, owning a roof over one’s head is by far the principal dream of all individuals. Given the upward trajectory of housing prices in India, a bank auction of distressed properties provides a unique window to purchase a property at a discount of up to 30%…
Source: Live Mint Tata AIG General Insurance has withdrawn its ‘Medicare Protect Plan’ with effect from September 5. The move will not impact customers who have to renew their policies within 90 days from the date of the withdrawal of the product. Tata joins SBI and HDFC Ergo, which announced withdrawal of its health insurance…
