The FinTech Hub
Source: Live Mint Northern Arc Capital IPO: The Northern Arc Capital IPO is among the popular choice with market analysts believing that the company serves a demanding and highly profitable market segment. The non-bank financial institution revealed on Friday that it had secured ₹229 crore from anchor investors, shortly before its shares were open for…
Source: Live Mint Have you ever wondered who will be held responsible if a group of investors are unable to buy or redeem securities because of a technical glitch faced in the software or IT system of a stock market or a depository? As per the current Securities and Exchange Board of India (Sebi) rules,…
Source: Business Standard 1 min read Last Updated : Sep 20 2024 | 5:01 PM IST The Securities Appellate Tribunal (SAT) dismissed an appeal filed by industrial gases and engineering firm Linde India against a valuation exercise being carried out by the National Stock Exchange (NSE) as per an order by the Securities and…
Source: Business Standard India’s overtaking of China in key global gauges will likely usher in a bigger influx of foreign flows. Image: Bloomberg 3 min read Last Updated : Sep 19 2024 | 11:46 AM IST By John Cheng and Abhishek Vishnoi India’s overtaking of China in key global gauges will likely usher in a…
Source: Live Mint Domestic brokerage house Centrum Broking has initiated coverage on the wealth management industry with two reduced calls on – 360 One WAM and Nuvama Wealth. The brokerage has a target price of ₹1,050 for 360 One, implying a downside of around 3 per cent, whereas for Nuvama, it has a target of…
Source: Live Mint US stocks jumped on Thursday after the Federal Reserve kicked off its easing cycle with half-a-percentage point cut in interest rates. On Wednesday, the Federal Reserve slashed its interest rates by 50 basis points (bps), first time in more than four years. Chair Jerome Powell said that as the inflation has come…
Source: Business Standard 2 min read Last Updated : Sep 19 2024 | 8:28 PM IST The Securities and Exchange Board of India (Sebi) on Thursday modified its framework for the valuation of the investment portfolio of Alternative Investment Funds (AIFs) following suggestions from the industry. The market regulator stated that a change…
Source: Live Mint As geopolitical tensions escalate and stock market valuations reach lofty heights, global markets face an unsettling combination of risks. But India, buoyed by its robust growth engines, appears better positioned to weather the storm, according to Christopher Wood, global head of equity strategy at investment bank Jefferies. Speaking to a select group…
Source: Live Mint Kalana Ispat opened its SME IPO for subscription on September 19 and will close on September 23. The company aims to raise ₹32.59 crore through the offering and plans to list its shares on the NSE SME platform at ₹66 per share. Kalana Ispat IPO Subscription Status The IPO has been witnessing…
Source: Business Standard 2 min read Last Updated : Sep 18 2024 | 7:23 PM IST Quantum Mutual Fund has filed an appeal in the National Company Law Appellate Tribunal, Delhi (NCLAT), against the delisting of ICICI Securities Ltd. Dismissing objections raised by minority shareholders, the National Company Law Tribunal (NCLT) Mumbai had,…
