The FinTech Hub
Source: Live Mint Shares of Servotech Renewable Power Systems saw strong upward momentum on Monday, May 19, rising by as much as 4.5 percent during intraday trading. The uptick followed reports that Errol Musk—the father of Tesla and SpaceX CEO Elon Musk—is planning a visit to India between June 1 and June 6, during which…
Source: Live Mint Adani Green Energy Q4 Results: Adani Green Energy announced its Janaury to March quarter results for the 2024-25 fiscal on Monday, April 28, 2025. The renewable energy company’s net profits rose 24 per cent to ₹383 crore in the fourth quarter of the financial year ended 2024-25, compared with ₹310 crore in…
Source: Live Mint Shares of Indian Renewable Energy Development Agency Ltd (Ireda) rose almost 4% after reporting a 49% growth in net profit in Q4 of FY25, thanks to strong credit offtake and improved interest margins. With the cut in the benchmark repo rate by 50 basis points to 6% over the past two monetary…
Source: Live Mint The big day is here! FM Sitharaman will deliver her 8th Budget speech at 11 a.m. Even though it’s a Saturday, stock markets (BSE and NSE) will remain open. This will be her second full Budget under Modi 3.0 and her eighth overall, including six annual and two interim Budgets during the…
Source: Live Mint Hence, the focus will be on employment generation, skill development, and providing relief to a large mass of people distressed by inflation, with the overall objective of pushing up the GDP growth rate. Let’s do some crystal ball gazing and share ideas on the direction that the Budget 2025 proposals may take…
Source: Live Mint Stock Market Today: Shares of Waaree Energies climbed 4 percent on Wednesday, December 11, after the Company has today received Letter of Award (LoA) for the development of 170 MW Solar power plant in Madhya Pradesh, from Rewa Ultra Mega Solar Limtied (RUMSL). The Solar power plant will enable the generation and…
Source: Live Mint Indian stock markets have delivered an impressive 13 percent year-to-date (YTD) gain in 2024, with nearly all sectoral indices recording positive performance. The realty and pharma sectors stood out, posting gains of 39 percent and 32 percent, respectively. Meanwhile, indices like Nifty IT, Nifty PSU Bank, and Nifty Auto climbed over 20…
Source: Live Mint Artificial intelligence could play a pivotal role in addressing the global climate crisis, according to Yann LeCun, Chief AI Scientist at Meta, in a compelling discussion with Nikhil Kamath on theWTF Podcast. The episode, part of the series WTF is Really A.I.?, delved into how AI’s transformative power can be harnessed to…
Source: Live Mint The State-owned renewable energy giant said on Monday that it has raised around ₹3,960 crore from investors in its anchor round, according to the exchange filing, ahead of the company’s proposed initial public offering (IPO). As per the exchange filing, the company has allocated 36,66,66,666 or 36.66 crore equity shares to the…
Source: Live Mint State-owned NTPC Green Energy Limited’s initial public offering (IPO) is scheduled to open for public bidding on Tuesday, November 19 and close on Friday, November 22. The renewable energy firm’s IPO will have its anchor round of investing on Monday, November 18. NTPC Green Energy aims to raise nearly ₹10,000 crore through…
