The FinTech Hub
Source: Live Mint Small-cap stock: Hi-Tech Pipes Limited, a small-cap company that has seen its stock price surged by around 130 per cent over the past year, has successfully raised ₹500.79 crore through a Qualified Institutional Placement (QIP). The company made this announcement in a regulatory filing on October 11, 2024. The QIP, which opened…
Source: Live Mint Top News The Securities and Exchange Board of India (SEBI) has issued a recent circular revising the payout timing for securities in T+1 rolling settlements. According to the new guidelines, securities will now be credited directly to clients’ demat accounts by the Clearing Corporations at 3:30 PM on the settlement day. This…
Source: Live Mint The Government of India has announced the buyback of its securities through auction for an aggregate amount of ₹25,000 crore (face value), announced Reserve Bank of India (RBI) on Friday. The G-securities with coupon rate of 7.72 percent will mature on May 25 next year. The securities with coupon rate of 5.22…
Source: Live Mint Dividend stocks: Shares of major companies such as Tata Consultancy Services (TCS), Anand Rathi Wealth Ltd, NRB Bearings Ltd and others, are scheduled to trade ex-dividend starting on Monday, October 14, 2024, according to BSE. Some of the major companies have announced various corporate actions, including share right issue of equity of…
Source: Live Mint Hyundai Motor India IPO: The Initial Public Offering (IPO) of Hyundai Motor India Limited is set to hit the Indian primary market next week. As per the Hyundai Motor India IPO date, the public issue will open on 15th October 2024 and will remain open until 17th October 2024. This means the…
Source: Live Mint Before investing in a fixed deposit (FD), it is common, and even advisable, for investors to look for banks or financial institutions which offer highest interest rates on their deposits. Although it is common for banks to offer higher rates for long-duration deposits, one can still opt for short-term deposits to meet…
Source: Live Mint Oil prices closed lower on Friday but posted a second consecutive weekly gain as investors considered factors such as potential supply disruptions in the Middle East and the effects of Hurricane Milton on fuel demand in Florida. Brent crude futures fell 36 cents, or 0.45%, to settle at $79.04 per barrel, while…
Source: Live Mint IPO News Today Live Updates: Navigate the dynamic world of initial public offerings with our dedicated IPO News section. Here, we bring you the latest updates on companies stepping into the public market, offering insights into their financial strategies, valuation, and market reception. Whether you’re an investor looking for new opportunities or…
Source: Live Mint Reliance share price: Shares of Reliance Industries Ltd (RIL) will be focused on Monday as the company board has set a meeting on 14th October 2024 to consider and approve the standalone Q2 results 2024 of the Sensex heavyweight. The Mukesh Ambani-owned company has already informed the Indian stock market exchanges about…
Source: Live Mint I had invested in Sovereign Gold Bond (SGB). I opted for early redemption after the completion of five years. Are the profits made on such early redemption also tax-exempt, like redemption on maturity? Am I required to declare long-term capital gains on these bonds in my ITR2? A Sovereign Gold Bond (SGB)…
