Tata Chemicals shares: The share price of Tata Chemicals fell 10% on Monday. Last week, the stock surged 36% on reports of Tata Sons’ potential public sale. Tata Chemicals’ shares fell more than 10% today (March 11). This comes after it was revealed that Tata Sons does not plan to do an initial public offering…
JM Financial shares price fell more than 19% in early trade on Wednesday after the Reserve Bank of India (RBI) prohibited JM Financial Products Ltd from making loans against shares and debentures due to regulatory and governance issues. JM Financial shares slumped 19.29% to ₹77.10 on the BSE. JM Financial Products has also been forbidden…
Paytm Payments: The board of PPBL was reorganized earlier this week following the resignation of Vijay Shekhar Sharma as the bank’s part-time non-executive chairman. An administrator designated by the RBI may take over the management of unclaimed deposits and certain crucial areas of Paytm Payments Bank, which is in danger of losing its license after…
Canara Bank, a Public Sector Unit (PSU) lender, announced on Monday that the board has approved a stock split that will divide each share into five shares to increase the liquidity of the bank’s shares and make them more accessible to regular investors, according to an exchange filing. Canara Bank has informed us that the…
RBI said Paytm’s Card Machine, Soundbox, and QR code will work after March 15 RBI: To maintain the smooth flow of merchant settlements, One 97 Communications Limited has transitioned its nodal account to Axis Bank by establishing an Escrow Account. As pioneers of QR and mobile payments in India, Paytm has forged a robust digital…
Paytm: According to two sources, India’s financial crime-fighting agency is requesting information on overseas transactions from Paytm Payments Bank, a subsidiary of One 97 Communications, one of the country’s largest payment operators. Earlier this month, Reuters reported that the Enforcement Directorate had initiated an investigation into One 97 Communications, commonly known as Paytm, over suspicions…
Stock market today: The NSE Nifty began at 21727.00, up 9.00 points, or 0.04 percent, while the BSE Sensex opened at 71,410.30, up 18.14 points, or 0.03 percent. 0.06% of Nifty Bank’s trade was in the red. Indian benchmark indexes opened mixed on the day the Reserve Bank of India (RBI) maintained the repo rate…
