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Paytm CEO meets Nirmala Sitharaman after RBI blow to payments bank services: Report
Paytm CEO Vijay Shekhar Sharma met with Union Finance Minister Nirmala Sitharaman on Tuesday to discuss the crisis the company is facing after the Reserve Bank of India's (RBI) restrictions, reported news agency ANI citing sources.
RBI had…
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Stock Market Today: BSE, NSE continue to trade in positive territory
Indian Benchmark indices opened with minor gains tracking weakness in Asian peers after strong US economic data and Federal Reserve’s recent commentary dampening hopes of rate cuts.
In March. BSE Sensex opened 239.40 points, or 0.33 per…
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‘Misleading and baseless’: Paytm on reports of foreign exchange violation probe
Embattled digital payments company Paytm has denied media reports claiming.
That the Enforcement Directorate (ED) is investigating it in connection with foreign exchange violations under the Foreign Exchange Management Act (FEMA). A…
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Airtel Q3 results: Net profit at ₹2,442 crore marking 54% rise
Bharti Airtel on Monday posted a 54 per cent jump in consolidated net profit to ₹2,442.2 crore in the December quarter.
Bharti Airtel had registered a profit of ₹1,588.2 crore in the year-ago period, the company said on Monday.
The…
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Closing bell: Sensex falls 354 points, Nifty at 21,760; Airtel down by 3%
Indian shares were mixed on Monday as gains in Tata Motors and oil-related stocks were hit by a drop in financials, while fading hopes of early U.S. rate cut dragged Asian markets.
The NSE Nifty 50 index rose 0.28% at 21,917.10 as of 10:47…
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Lakhs of non-KYC accounts, 1 PAN: Decoding RBI crackdown on Paytm Payments Bank
Money laundering concerns and questionable dealings of hundreds of crores of rupees between popular wallet Paytm and its lesser-known banking arm had led the Reserve Bank of India to clamp down on technology poster boy Vijay Shekhar…
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‘India will be the world’s third largest economy in Modi’s 3rd term’, says FM Sitharaman
Two days after presenting her sixth budget, an interim one ahead of the 2024 national elections this summer, Union finance minister Nirmala Sitharaman sat down and Mint to discuss various aspects of the interim budget, and the state of the…
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Morgan Stanley buys ₹244 cr Paytm shares as 0.8% stake amid stock downturn
Financial services giant Morgan Stanley on Friday made a notable investment in Paytm's parent company, One97 Communications, by acquiring shares worth ₹244 crore through an open market transaction.
Morgan Stanley, via its affiliate Morgan…
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RBI cautions over KYC updation fraud: What central bank said
The Reserve Bank of India on Friday cautioned the public against fraud in the name of KYC updation and advised not to share documents with unknown entities.
In the wake of continuing incidents and reports of customers falling prey to…
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Stock market rallies day after Budget, Sensex jumps by over 1,200 points; Nifty hits all-time high
Stock market continued its brilliant run day after budget 2024, with the BSE benchmark Sensex jumping by 1,277 points.
The National Stock Exchange index Nifty was 387 points up at 22,085, hitting an all-time high. As of 12:12 pm, the…
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