The FinTech Hub
Source: Live Mint Budget 2025: The Indian stock market experienced high volatility on Saturday, February 1, following the FY26 Union Budget announcement by Finance Minister Nirmala Sitharaman. While the budget introduced major changes in income tax slabs, shifting more money into the hands of middle-class consumers, market sentiment remained mixed due to concerns over government…
Source: Live Mint Indian Inc reported a disappointing performance for the September quarter (Q2FY25), with several companies posting weaker-than-expected results. This underwhelming performance triggered a sharp selloff in the equity markets, raising investor concerns about a potential slowdown in the Indian economy. The weak earnings have also dampened the sentiment of overseas investors, who have…
Source: Live Mint Reliance Industries Ltd’s (RIL’s) shares hit an all-time high of ₹3,217.6 on 8 July but have fallen almost 16% since then. One problem has been weakness in the oil-to-chemicals (O2C) business, where Ebitda fell 19% year-on-year in the first half of FY25 and 24% year-on-year in the September quarter. Despite the drop…
Source: Business Standard 3 min read Last Updated : Oct 09 2024 | 12:11 PM IST Trent share price hit a new high of Rs 8,318.25 today, gaining 3 per cent on the BSE Wednesday’s intraday trade. Trent shares extended their past two days’ rally, which was triggered after the company announced the launch…
Source: Business Standard File photo of Zudio store 4 min read Last Updated : Sep 27 2024 | 12:03 AM IST Shares of Tata Group-owned retail company Trent reached a record high of Rs 7,939.90 after rallying 4 per cent on the National Stock Exchange (NSE) in Thursday’s intraday trade. The rally in…
Source: Business Standard 2 min read Last Updated : Sep 17 2024 | 6:37 PM IST Phoenix ARC has received expressions of interest (EoIs) from 8-9 asset reconstruction companies (ARCs) to acquire its Rs 3,550 crore of retail non-performing assets (NPAs), comprising secured and unsecured portfolios as a single lot, that were put up…
