The FinTech Hub
Source: Live Mint The IPO of Subam Papers, which opened for bidding today, September 30, has experienced a lukewarm response from investors. As of 4 p.m., the overall subscription rate was 0.36 times. The portion allocated for retail investors was subscribed at 0.57 times, while the non-institutional investor (NII) portion received bids for 0.36 times….
Source: Live Mint NeoPolitan Pizza and Foods IPO: The initial public offering of NeoPolitan Pizza and Foods opened for subscription on Monday, September 30. Read below for details on subscription status, GMP and key dates. NeoPolitan Pizza and Foods IPO: Subscription status The IPO of NeoPolitan Pizza and Foods was subscribed 0.79 times on the…
Source: Live Mint In September, Indian markets enjoyed a series of record highs, but on the final trading day of the month, investors opted for profit booking, leading to a sharp correction. Both the Nifty 50 and the Sensex fell by over 1.4% today, marking their steepest intraday decline in two months. Despite this downturn,…
Source: Live Mint Mumbai: Investors in India’s stock markets lost ₹3.79 trillion on Monday, after the benchmarks fell the most in a day in almost two months on heavy selling by foreign portfolio investors and retail clients. The Nifty shrank 1.41% to 25,810.85, and the Sensex fell 1.49% to 84,299.78. This was the biggest single-day…
Source: Live Mint US government bonds are on track to end September with a historic fifth-straight monthly gain even as bond traders pared slightly the amount of Federal Reserve easing they consider likely over the next year. Ahead of a speech by Fed Chair Jerome Powell later Monday, short-maturity yields in particular moved higher, signifying…
Source: Live Mint The upstart Texas Stock Exchange said it had hired executives from Charles Schwab Corp., Nasdaq Inc. and the New York Stock Exchange as it builds up a leadership team ahead of plans to begin operations next year. Cam Smith, a veteran of the US Securities and Exchange Commission who most recently worked…
Source: Live Mint SEBI Board Meet Outcome: New asset class for HNIs, passive fund rules approved; rights issue timeline reduced Read Full Article
Source: Live Mint US equity indices were mixed on Monday as investors awaited economic data and comments from Federal Reserve Chair Jerome Powell. Powell is slated to speak later in the day on the economic outlook at the National Association for Business Economics event. In the week ahead, several economic data including jobs report for…
Source: Live Mint Diffusion Engineers IPO: The initial public offering (IPO) of heavy welding consumable items maker Diffusion Engineers Limited was oversubscribed by over 114 times on the third and last day of issue. The mainboard IPO of the Nagpur-based company opened for subscription on Thursday, September 26, 2024, and closed on Monday, September 30,…
Source: Live Mint Facing an immediate medical emergency or relocating for a new job can evoke a mix of emotions—worry, excitement, and the added concern of securing funds. In such situations, personal loans can offer a viable financial solution. A personal loan provides a lump sum amount that can be quickly transferred to your bank…
