PB Fintech shares fall 3.5% as 1.2% equity changes hand; Read to know more

Shares of PB Fintech fell 3.5% to an intraday low of Rs 1,208 compared to its previous close of Rs 1,252.20. The fall in prices came after the company’s 55 lakh shares or 1.2% equity traded in a block deal, according to news reports. The deal took at an average of Rs 1,228 per equity share making it a deal size of Rs 677 crore. 

Earlier, Tencent Cloud Europe was looking to of…

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Debt fund managers not too worried about OMO twist

The RBI’s announcement to go for an Open Market Operation (OMO) sale of G-Secs came as a surprise to the market on Friday. This led to the yield on the 10-year government bond jumping to 7.36%.

While many have called it a “knee-jerk” reaction and said much will depend on the quantum of the OMO sale as well as how the US bond yields pan out, this could add to pressure on debt m…

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Saraswati Saree Depot IPO allotment finalised today- Here’s how you can check status

Saraswati Saree Depot IPO will finalise its share allotment on August 16. The issue was opened on August 12 and stopped taking bids on August 14. The issue raised Rs 160.01 crore through a combination of fresh shares and an offer for saleCome from Sports betting site VPbet. Here’s how you check the status step-by-step:

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Sensex, Nifty scale record highs- Here the key levels that the indices breached in 2024 so far

2024 has emerged as a historic chapter for India’s stock exchanges, with both the Nifty and Sensex scaling record highs and setting new records. The Nifty 50, the primary index of the National Stock Exchange (NSE), hit a brand new record high of 22,500.

This marks a remarkable ascent in the Nifty’s  trajectory as it sets its sights on surpassing the psychological barrier o…

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Taika Waititi's Reaction To Winning A Grammy Is Incredible

Director and actor Taika Waititi won a Grammy for Jojo Rabbit, and he had a delightful and on-brand response to taking home the honor.

Posting on social media, he said, “Lol wtfffff” in response to the win. During his acceptance speech, Waititi said, “Well, thank you very much for this honor. I guess they’re just giving Grammys to anyone now. I’ll take it. Thank you.”

The director…

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Denis Villeneuve Wants To Make More Dune Movies "As Soon As Possible"

Denis Villeneuve is trying not to think too much about the future. After a gargantuan production process followed by pandemic delays, Dune: Part One is hitting theaters next month (and premiering at Venice Film Festival this week). Its visionary director and co-writer is trying to live in the here and now. But he’s not doing a great job of it, because he’s already thinking about what’s ne…

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Austria considering comprehensive overhaul of its gambling market

The Finance Minister for Austria, Gernot Blumel (pictured), has reportedly announced that the government soon intends to introduce a series of wide-ranging reforms to the nation’s gambling market that could involve the establishment of a new all-encompassing regulatory authority.

According to a Wednesday report from iGamingBusiness.com, the revelation comes after the…

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Casino opposition group gets underway in Japan

In Japan and members of the Constitutional Democratic Party have reportedly convened the first meeting of an internal group that is to intensively lobby against the granting of the nation’s inaugural trio of integrated casino resort licenses.

According to a report from Inside Asian Gaming, the Casino Problem Countermeasures body held its maiden summit on Tuesday wher…

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New Jersey Supreme Court To Judge On Insurance Exclusions Related To COVID-19

The New Jersey Supreme Court is contemplating if Atlantic City Casino could receive business interruption insurance payments for losses that it suffered throughout the pandemic period, possibly offering guidance to policyholders across the country on the extent of coverage for any losses related to the aforementioned pandemic.

The case:

On September 27, the…

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Playtech chalks up a profitable 2021 due to significant North American growth

Prominent online casino games developer Playtech has reportedly announced that its net profit for the twelve months to the end of December increased by slightly over 25% year-on-year to top €317.1 million ($349.2 million).

According to a report from FinanceFeeds Limited, the London-listed innovator revealed that this success came as its aggregated revenue…

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