The FinTech Hub
Source: Live Mint The stock prices of private banks that have reported an increase in bad loans in their personal loans and micro-credit businesses are bearing the brunt of investors’ fears of a U-turn in the asset-quality cycle for the country’s banks, reported Reuters. RBL Bank’s shares declined as much as 5.8 per cent on…
Source: Live Mint Shares of tyre manufacturer CEAT fell over 7 percent on Thursday, January 16, after the company reported a 46.5 percent year-on-year (YoY) decline in net profit to ₹97.1 crore for the third quarter ended December 31, 2024. The company attributed the decline to high raw material costs. In the same period last…
Source: Live Mint Nifty 50 on 15 January: Market Recap On 15 January, the market continued to struggle, despite being in a heavily oversold position. Recent upticks are viewed as technical recoveries rather than a true shift in fundamentals. Earnings for Q3 are projected to be lacklustre, weaker than the prior quarter, which further fuels…
Source: Live Mint For instance, if assets are gifted to a spouse, any income generated from those assets will be clubbed with the income of the person who originally owned the asset. In the case of a minor child, any income generated from those assets will be clubbed with the income of the highest-earning family…
Source: Live Mint Q3 results today: From HDFC Life Insurance, L&T Tech, Bank of Maharashtra, Ceat to NELCO, are among at least 20 companies are set to declare their Q3FY25 earnings or Q3 results today on January 15, 2025 (Wednesday). Amid the markets volatility and the upcoming Union Budget 2025 announcement, the Q3 results 2025…
Source: Live Mint Leading automaker Maruti Suzuki has announced its board meeting for January 29, 2025, to review and approve the company’s unaudited financial results for the quarter ending December 31, 2024. The update was shared in a regulatory filing, which stated, “Pursuant to Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015,…
Source: Live Mint Dividend stocks: Shares of major companies, such as Tata Consultancy Services, PCBL, CESC and others, are scheduled to trade ex-dividend next week, according to BSE. Some of the major companies have announced various corporate actions, including the bonus issue, extraordinary general meetings (EGM), and stock split, according to BSE data. The day…
Source: Live Mint Despite an over 17 percent decline in the last 1 year, global brokerage house Goldman Sachs has stated that the recent sell-off in Reliance Industries Ltd. (RIL) shares is “overdone,” with the stock price now nearing its “bear case” valuation. The brokerage firm reiterated its “buy” rating on RIL while reducing its…
Source: Live Mint * Mexico FX, stocks, set for best day since November * Argentina country risk index falls * Colombian markets closed * MSCI Latam stocks index up 2%, FX index up 1% (Updates to mid-session trading) By Lisa Pauline Mattackal and Pranav Kashyap Jan 6 (Reuters) – Latin American markets jumped on Monday,…
Source: Live Mint Fresh virus fears rode on other weak signals to send the markets tumbling on Monday, wiping out ₹11 trillion of investor wealth in a day. Benchmarks BSE Sensex and NSE Nifty crashed more than 1.5% each, and fear gauge Vix rose the most in four months. News of two cases of the…
