The FinTech Hub
Source: Live Mint TCS Q3 Dividend: India’s largest IT firm, Tata Consultancy Services (TCS), announced its third interim dividend issue along with a special dividend issue on Thursday, Janaury 9. The company declared an interim dividend issue of ₹10 per equity share held, along with a special dividend of ₹66 per equity share with a…
Source: Live Mint US stock markets remained closed on Thursday, January 9, to observe a National Day of Mourning for former president Jimmy Carter. The New York Stock Exchange (NYSE) and Nasdaq announced the suspension of trading activities on January 9. The New York bourse will also fly the US national flag at half-staff throughout…
Source: Live Mint Unified Payments Interface (UPI) transactions hit a record high of 16.73 billion in December 2024, a rise of 8 per cent from November data with 15.48 billion transactions, according to data released by the National Payments Corporation of India (NPCI). With the rising popularity of UPI, credit card users are now opting…
Source: Live Mint FMCG player Adani Wilmar is expected to draw attention on Friday, January 10, following the Thursday evening announcement that its founder plans to divest a stake in the company via an Offer For Sale (OFS). Adani Commodities, the promoter entity of Adani Wilmar under the Adani Group, plans to divest a 13.5…
Source: Live Mint Banks that are part of unified payment interface ( UPI) functionality tend to lose access to URCS or Unified Real-time Clearing and Settlement if they enter the wrong password three times. In such instances, banks are compelled to reach out to the National Payments Corporation of India (NPCI) to reset the password…
Source: Live Mint IT major Tata Consultancy Services (TCS), reported a reduction of 5,370 employees in its workforce during the fiscal third quarter, ending a trend of headcount growth observed in the previous two quarters. Attrition for the quarter saw a slight increase, reaching 13 percent compared to 12.3 percent in the previous quarter. In…
Source: Live Mint Mutual Fund folios hit at all-time high of 22,50,03,545 in December 2024, revealed the latest data released on Thursday by the Association of Mutual Funds in India (AMFI). Retail mutual fund folios (which include equity, hybrid, and solution-oriented Schemes) were at an all-time high of 17,89,93,911 for the month of December 2024,…
Source: Live Mint In India, the number of women-led firms has risen sharply in recent years, reflecting the impressive contribution of women to economic progress. The government has introduced various financial schemes specifically for women to support and encourage women entrepreneurs. Let’s discuss some of these prominent schemes and their unique features. Also Read |…
Source: Live Mint Quadrant Future Tek IPO, which opened for subscription on Tuesday, January 7, was subscribed over 186.64 times on the last day of bidding. The issue closed for subscription on January 9. The issue received a stellar response from investors as it was fully subscribed within an hour of opening on the first…
Source: Live Mint If you are a movie buff, using a credit card to buy movie tickets can be a good idea. ICICI Bank offers HPCL Super Saver Credit Card, which gives a 25 per cent discount on the purchase of movie tickets. The total discounts, meanwhile, are capped at ₹100 on the purchase of…
