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Amazon's "Public Notice" Newspaper Ads Accuse Future, Reliance Of "Fraud"
Paytm continues to onboard UPI customers, RBI ban has no substantial impact on business
Sensex rises 3,600 pts in 5 days as Street shuns Putin, Powell woes
Reliance Industries, Persistent Systems, Vodafone, Wipro, DLF and more: Top stocks to watch out for on Mar 15
Govt said to plan LIC’s IPO by May after markets calm down
HDFC Bank likely to see strong upside as RBI lifts ban on digital 2.0 program
FPIs offload $5.5 bn of IT stocks since October amid rich valuations
Top 5 cryptocurrencies to watch this week: BTC, DOT, SAND, RUNE, ZEC
Decoding Sachin Bansal Navi’s DRHP
Stocks in News - 16 Mar 2022
1) PayTm: Munish Ravinder Verma has resigned as non-executive, non-independent director of PayTm.
2) Zomato: Zomato has acquired a 16.66% stake in Mukunda Foods Private, a food robotics company, for a cash consideration of $5 million. The company has also approved a loan of upto $150 million to BlinkIt (Grofers India).
1) PayTm: Munish Ravinder Verma has resigned as non-executive, non-independent director of PayTm.
2) Zomato: Zomato has acquired a 16.66% stake in Mukunda Foods Private, a food robotics company, for a cash consideration of $5 million. The company has also approved a loan of upto $150 million to BlinkIt (Grofers India).
Eveready Industries: The open offer by the Burman group to acquire an additional 26% in Eveready Industries India will open on April 26, 2022. The Burman group, through its various entities, has made a Rs 604.76-crore open offer to acquire around 1.89 crore shares of Eveready Industries at a price of Rs 320 per share.
Punjab National Bank: Punjab National Bank has reported a fraud of Rs 2,060 crore in the non-performing account of IL&FS Tamil Nadu Power Company.
Paytm: Munish Ravinder Varma has resigned as non-executive, non-independent director of Paytm.
IndiGo: IndiGo has started flights between India and Thailand from Tuesday onwards after a span of two years. The update comes as Thailand is opening its borders nearly two years after it restricted entry for tourists in March 2020.
Zomato: Zomato has acquired a 16.66% stake in Mukunda Foods Private, a food robotics company, for cash consideration of $5 million. The company has also approved a loan of up to $150 million to Blinkit (Grofers India) in one or more tranches.
Future Retail: Future Retail’s director Rahul Garg has resigned from the board of the company with effect from 14th March 2022.
Ujjivan: Small Finance Bank Ujjivan Small Finance Bank has appointed MD Ramesh Murthy as the new Chief Financial Officer (CFO). Mr. Murthy earlier worked at Karur Vysya Bank where he was the CFO.
Eicher Motors: Royal Enfield launched its new bike model Scram 411 with introductory prices starting at Rs 2.03 lakh (ex-showroom Chennai). Eicher Motors is the manufacturer of Royal Enfield motorcycles.
IL&FS Transportation Networks: IL&FS Transportation Networks has entered into a Share Purchase Agreement (SPA) with Axis Trustee Services (as the trustee of Roadstar Infra Investment Trust and others). The Share Purchase Agreement is to sell 100% shareholding in subsidiary Sikar Bikaner Highways.
Bank of India: Bank of India (BOI) mentioned that it had referred 3,20,116 cases amounting to Rs 5,700.16 crore to National Lok Adalat conducted on March 12, 2022. Of these, 12,224 cases were settled involving an amount of Rs 102.53 crore. National Lok Adalats offer an alternative dispute resolution platform where cases are handled without any expense on the part of litigants and it is free of cost.
Punjab National Bank: Punjab National Bank has reported a fraud of Rs 2,060 crore in the non-performing account of IL&FS Tamil Nadu Power Company.
Paytm: Munish Ravinder Varma has resigned as non-executive, non-independent director of Paytm.
IndiGo: IndiGo has started flights between India and Thailand from Tuesday onwards after a span of two years. The update comes as Thailand is opening its borders nearly two years after it restricted entry for tourists in March 2020.
Zomato: Zomato has acquired a 16.66% stake in Mukunda Foods Private, a food robotics company, for cash consideration of $5 million. The company has also approved a loan of up to $150 million to Blinkit (Grofers India) in one or more tranches.
Future Retail: Future Retail’s director Rahul Garg has resigned from the board of the company with effect from 14th March 2022.
Ujjivan: Small Finance Bank Ujjivan Small Finance Bank has appointed MD Ramesh Murthy as the new Chief Financial Officer (CFO). Mr. Murthy earlier worked at Karur Vysya Bank where he was the CFO.
Eicher Motors: Royal Enfield launched its new bike model Scram 411 with introductory prices starting at Rs 2.03 lakh (ex-showroom Chennai). Eicher Motors is the manufacturer of Royal Enfield motorcycles.
IL&FS Transportation Networks: IL&FS Transportation Networks has entered into a Share Purchase Agreement (SPA) with Axis Trustee Services (as the trustee of Roadstar Infra Investment Trust and others). The Share Purchase Agreement is to sell 100% shareholding in subsidiary Sikar Bikaner Highways.
Bank of India: Bank of India (BOI) mentioned that it had referred 3,20,116 cases amounting to Rs 5,700.16 crore to National Lok Adalat conducted on March 12, 2022. Of these, 12,224 cases were settled involving an amount of Rs 102.53 crore. National Lok Adalats offer an alternative dispute resolution platform where cases are handled without any expense on the part of litigants and it is free of cost.
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Let's start the day ☀️ with 3 beautiful 🌺 quotes of Warren Buffett. Might be you are little bit bored to read these quotes daily but these quotes help us to save our hard earned money 💸 and avoid mistakes in Share Market.
👉 Rule no. 1: Never lose money. Rule no. 2: Never forget rule number 1.
👉 Price is what you pay. Value is what you get.
👉 Be fearful when others are greedy. Be greedy when others are fearful.