The FinTech Hub
Source: Live Mint Despite a generally weak performance in the equity market, the combined market capitalisation of four out of the ten most valuable companies rose by ₹1,01,369.5 crore last week, with Life Insurance Corporation of India (LIC) leading the gains. The BSE benchmark index slipped by 270.07 points or 0.33% over the week. Among…
Source: Live Mint Nine out of the ten most valuable companies saw a combined increase of ₹3.35 lakh crore in their market capitalisation last week, reflecting an overall positive momentum in the stock market, with Reliance Industries leading the surge. Among the top 10 firms, HDFC Bank, Tata Consultancy Services (TCS), ICICI Bank, State Bank…
Source: Live Mint Eight of India’s ten most valuable companies collectively lost ₹1.60 lakh crore in market value last week, with Reliance Industries suffering the largest decline amid a broader market downturn. The BSE benchmark index fell by 1,047.52 points, or 1.30%, during the week. Reliance Industries, HDFC Bank, Tata Consultancy Services (TCS), Bharti Airtel,…
Source: Live Mint India’s largest lender State Bank of India (SBI), on Friday, May 9, announced that it will sell a 13.19% stake held in private sector lender YES Bank to Sumitomo Mitsui Banking Corporation (SMBC) for a consideration of ₹8,889 crore. SBI will offload 4,13,44,04,897 equity shares of Yes Bank to Sumitomo Mitsui Banking…
Source: Live Mint Seven out of the ten most valuable companies in India saw a combined increase of ₹2.31 lakh crore in market valuation during the previous, holiday-shortened week, with Reliance Industries leading the gains amid generally positive sentiment in the equity market. The companies that registered valuation gains were Reliance Industries, HDFC Bank, Bharti…
Source: Live Mint SBI Q4 results 2025 LIVE Updates: State Bank of India (SBI), the largest state-run lender in the country, declared its January to March quarter results on Saturday, 3 May 2025. The board of directors of SBI also announced a dividend of ₹15.90 per equity share for all the eligible shareholders. “The record…
Source: Live Mint The combined market capitalization of six of the top 10 most valued companies surged by ₹1,18,626.24 crore last week, with Tata Consultancy Services (TCS) leading the gains. During the week, the BSE Sensex rose by 659.33 points or 0.83%, while the NSE Nifty added 187.7 points or 0.78%. Reliance Industries, HDFC Bank,…
Source: Live Mint In the ever evolving digital age, India’s leading multinational public sector bank, the State Bank of India (SBI) has eased and streamlined its operations through the YONO (You Only Need One) application. This particular application has raised the bar for users to experience seamless banking and make the most of the digital…
Source: Live Mint Stock market news: The primary domestic market indices, Nifty 50 and Sensex, finished higher on Thursday, marking their best week in more than four years and eliminating all their losses for the year to date, driven by a surge in leading financial stocks. The Nifty 50 concluded the day up 1.8% at…
Source: Live Mint Within a week of Reserve Bank of India (RBI) cutting its repo rate by 25 basis points, the largest bank in India – State Bank of India (SBI) – has cut its interest rate on fixed deposits (FDs) by 10 basis points. On an FD of one year, SBI has cut fixed…
