The U.S. Securities and Exchange Commission has approved the listing and trading of options for BlackRock’s spot bitcoin exchange-traded fund on the Nasdaq. This move provides institutional investors and traders with an alternative way to hedge their exposure to bitcoin, further integrating cryptocurrency into mainstream financial markets.
SEC approves BlackRock’s spot bitcoin ETF options listing (21-09-2024)
The U.S. Securities and Exchange Commission has approved the listing and trading of options for BlackRock’s spot bitcoin exchange-traded fund on the Nasdaq. This move provides institutional investors and traders with an alternative way to hedge their exposure to bitcoin, further integrating cryptocurrency into mainstream financial markets.
Board of HDB Financial Services approves IPO of Rs 2,500 cr (21-09-2024)
At meeting held on 20 September 2024
Life Insurance sector has strong growth potential amid regulatory changes; HDFC Life, SBI Life top picks (21-09-2024)
Private insurers in India saw a significant increase in their weighted received premium (WRP) during August 2024, growing 15% year-on-year. This was notably higher than the overall industry growth of 10%. Combined with ongoing investments in distribution and new product development, this indicates a positive outlook for the private insurance sector in India.
Jagan ignorant of Hindu rituals, traditions, customs, says BJP leader L Dinakar (21-09-2024)
BJP leader L Dinakar has accused YSRCP chief YS Jagan Mohan Reddy of lacking knowledge about Hindu rituals and traditions. The comments were made in response to Reddy’s delayed reaction to allegations of desecration of Tirupati laddu prasadam during the previous YSRCP regime. Dinakar claimed that Reddy is more focused on misusing public funds than understanding cultural practices.
Mirza International – consistent performer but undervalues at present? (21-09-2024)
Is everyone sold Mirza Holding and not monitoring it? Or is there any growth can be expected on standalone basis?
I personally feel UK footwear market still growing at steady pace and company can reach 12% margin level in coming future with new brand creation on the way.
Recently they created new subsidiary Genesis Brands Private Limited to carry out retail marketing and sales through e-commerce channel. Lets hope for the best.
Happy Investing,
Karthik
Disclosure: I am having exposure this counter from long time. My views can be biased.
ValuePickr Surat (21-09-2024)
Just invited you all to the ValuePickr Surat group. If you haven’t received an invite, feel free to DM me.
VVIP Infratech wins order of Rs 32.49 cr from Uttarakhand Peyjal Nigam (21-09-2024)
The order entails the construction of STP, SPS & Sewer Line of Nagar Palika Parishad Narendernagar, including all Civil and E& M Works and their appurtenant works specified in BOQ of tender Document including confirmatory survey, design, testing, commissioning, and also include operation and maintenance work for STP -15Years (With 1 year DLP).Handing over all completed works to Uttarakhand Jal Sansthan) on item rate Contract basis including supply of all materials, labour and T& P complete in Block Narendra Nagar of District Tehri (Uttarakhand) under SPA Programme.
Motilal Oswal Financial Services (21-09-2024)
Motilal uses retained Profits for two purposes one investing in current business and second they invest in thier own Mutual funds and private Equity fund. So this is returns they are generating for shareholders cash.
Zaggle_A platform to address pain points for enterprises (21-09-2024)
Personally to me, it doesnt look like pure Saas company. Their revenue from software is very marginal. It looks to me more like a payment processing company. I havent looked at how they recognise revenue of their different verticals. I prefer valuing it more like Route mobile or Twilio, transaction based revenue. So valuing it more like them may be more appropriate?