RBI Banned Paytm

RBI Takes Action Against Paytm | Cause And Effects On Your Money

The Reserve Bank of India (RBI) severely damaged Paytm Payments Bank’s business on Wednesday, January 31, by forbidding the company from providing any of its essential services, such as wallets and accounts, starting in March. Though the action severely restricts the company’s operations, it is not officially a cancellation of Paytm Payments Bank’s license. The…

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TATA OVERTAKES MARUTI SUZUKI

Tata Motors Takes Over Maruti Suzuki

Tata Motors’ Share Price Has Reached An All-Time High After a seven-year lapse, Tata Motors has reclaimed its rank as the most valuable automaker in India, marking a significant development in the sector. Maruti Suzuki had been displaced. Today, the Bombay Stock Exchange (BSE) saw Tata Motors surpass Maruti Suzuki with a market capitalization of…

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Reliance Share

Reliance’s Stock Surges 7%,All-Time High, Mcap Climbs To ₹19.59 Lakh Crore

In Monday’s trading, shares of Reliance Industries Ltd. (RIL), the most valuable company in India based on market capitalization (m-cap), surged 7% to reach a record high. The oil-to-telecom giant actually increased its market capitalization intraday by Rs 1.20 lakh crore, reaching Rs 19,53,253.43 crore today from Rs 18,33,737.60 crore on Thursday. The increase in…

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Piramal Enterprises To Sell Full 20% Stake

Piramal Enterprises to sell full 20% stake in Shriram Investment Holdings for Rs 1,440 crore

On January 27, the company announced in an exchange filing that Piramal Enterprises had chosen to sell Shriram Investment Holdings its whole interest for ₹1,440 crore to Shriram Ownership Trust. The company has a share purchase agreement in place to sell all of its 20% fully paid-up equity share capital in Shriram Investment Holdings, which…

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