In the dynamic landscape of the modern financial world, a revolution is underway, driven by technological advancements that are reshaping the way we manage and interact with our finances. This revolution is encapsulated by the term “Fintech,” a fusion of finance and technology. In this blog post, we will delve into the essence of Fintech,…
Tata Group of companies launched their first IPO of TCS on 29-July-2004. The size of the IPO was Rs. 4713.47 Cr. And after two decades in 2023, Tata launched their another IPO which was of Tata Technologies. The total size of Tata Technologies IPO was Rs. 3,042.51 Cr. Now after the huge opening of Tata…
The largest US cryptocurrency exchange’s shares rose as Coinbase Global Inc. reported a profit for the first time in two years as a result of a fourth-quarter surge in digital asset markets that increased trading revenue. Revenue surged by 51% to $953.8 million, exceeding the $826 million average estimate provided by Bloomberg’s panel of analysts….
On Wednesday, Wall Street closed sharply higher as ride-hailing services Lyft and Uber experienced a surge in value. Meanwhile, Nvidia overtook Alphabet as the third most valuable company in the U.S. stock market.With its shares rising 2.5%, Nvidia’s market capitalization surpassed Alphabet’s ahead of the leading AI chipmaker’s quarterly results the following week. The company…
Prime Minister Narendra Modi signed ten agreements to strengthen cooperation between India and the United Arab Emirates in important areas such as energy, infrastructure, investments, and archive management while he was in Abu Dhabi. According to Foreign Secretary Vinay Kwatra, the UAE is the fourth-largest investor in the Indian economy, with bilateral trade between the…
Germany now has the third-largest economy in the world, surpassing Japan, as the Asian superpower unexpectedly entered a recession. Japan, which was once the second-biggest economy in the world, announced two quarters of contraction on Thursday: the third quarter’s revised contraction of 3.3% was followed by the fourth quarter’s contraction of 0.4% on an annualized…
In the fast-paced world of finance, where markets fluctuate by the second, traders seek strategies to profit from short-term price movements. Intraday trading is one such approach that is becoming increasingly popular. Intraday trading, also known as day trading, is the purchase and sale of financial instruments on the same trading day with the goal…
Vibhor Steel Tubes IPO: On the first day of bidding, investors responded remarkably well to Vibhor Steel Tubes’ ₹72 crore initial public offering (IPO), with subscriptions reaching 27.63 times. When the bidding opened on February 13, offers for 9.92 crore shares were received, out of the 35.92 lakh shares that were available. The IPO is scheduled…
Reliance Industries, the company owned by India’s richest man, Mukesh Ambani, surpassed the Rs 20 lakh crore market cap on Tuesday, setting a new record high for the company as its share price skyrocketed. However, there’s still more to speed up because Reliance’s next expansion wave is about to arrive! Having said that, the massive…
Macquarie, a foreign broking firm, has reduced the target price of One 97 Communications, the parent company of Paytm, from Rs 650 to Rs 275 and downgraded the company to a “underperform” rating. Following restrictions on its payments bank by the Reserve Bank of India, Paytm faces a significant risk of customer exodus, according to…
