The FinTech Hub
Source: Live Mint Indian stock market: The domestic equity indices, Sensex and Nifty 50, are expected to open on a flat note Tuesday amid positive global market cues. Asian markets rose, while the US stock market ended higher overnight, with both the Dow Jones Industrial Average and the Nasdaq Composite making it three straight sessions…
Source: Live Mint New Delhi, Shares of India Cements ended 8 per cent higher on Monday after the Competition Commission of India cleared billionaire Kumar Mangalam Birla-promoted UltraTech Cement’s proposal to acquire a majority stake in the firm. The stock soared 8.01 per cent to close at ₹366.15 on the BSE. During the day, it…
Source: Live Mint Small-cap stock: Coastal Corporation’s share price jumped as much as 7 per cent in intraday trade on the BSE on Monday, December 23, as the company announced a stock split in a 1:5 ratio. In an exchange filing on December 23, the company said its board of directors had approved the subdivided…
Source: Live Mint The primary market is poised for significant activity next week with a series of ongoing and upcoming initial public offerings (IPOs). The week will witness the launch of one mainboard IPO and two SME IPOs, keeping Dalal Street abuzz. Additionally, eight companies are scheduled for listing during the week. Among the forthcoming…
Source: Live Mint Market regulator Sebi has uncovered a front-running scheme involving PNB MetLife India Insurance Company equity dealer Sachin Bakul Dagli and eight other entities, who generated illegal gains of ₹21.16 crore. The front-running by these entities continued for more than three years. Sebi, through an interim order, prohibited Sachin and eight other entities…
Source: Live Mint Wall Street Holiday: The stock market in the United States is poised to close early on Tuesday, December 24, and closed on Wednesday, December 25, on account of the Christmas holiday, according to the official holiday list on the NYSE and Nasdaq website. The stock markets will be open for a half…
Source: Live Mint Time: 5.30 pm, early May Place: Pitampura, north-west Delhi People wait anxiously in front of a roadside food cart. The long, long queue spills over from the pavement onto the street, leaving bikes, cars, cows and canines jostling for space on the narrow road. A few paces ahead, half a dozen vloggers…
Source: Live Mint Transrail Lighting Limited’s initial public offering (IPO) is set to witness its final day of public subscription on Monday, December 23. The public issue opened for bidding on Thursday, December 19. Stock market investors will have till Monday, 5 p.m., as the time period for applying for the public offer. The Transrail…
Source: Live Mint Senores Pharmaceuticals Limited’s initial public offering (IPO) opened for public subscription on Friday, December 20 and will close on Tuesday, December 24. Stock market investors have a time window of two trading days when they can apply for a public offer. The Senores Pharma IPO has been subscribed 1.78 times the shares…
Source: Live Mint Bharti Hexacom and Go Digit General Insurance shares are the latest additions to the FTSE index, according to the latest readjustment which also saw an increase in weightage of heavyweight stocks like ICICI Bank, Bajaj Finance and Kotak Mahindra Bank. The FTSE indices readjustment will be effective Monday, December 23 and the…
