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Wednesday, March 27, 2024
TopicShares

Topic: Shares

In wake of RBI action, Paytm leadership says it will not do business with Payments Bank arm

RBI had Wednesday put curbs on Paytm Payments Bank, a banking partner of Paytm, which included prohibitions on onboarding new customers and operating its mobile wallet services.

Banks among top performing shares in India as HDFC releases first results after merger

The private lender, which has the highest weightage in Nifty 50, was among the top gainers in the session, rising as much as 1.71%.

Bank of Baroda shares fall by 4% as RBI suspends onboarding of new app customers

Bob World app has 8.1 million daily transactions, while 43% of time deposits are obtained through the app, the bank had said in its quarterly presentation in August.

ITC shares drop 3% on plan to keep 40% stake in hotel business spinoff

The company on Monday said it would separate its hotel business from its cigarettes and food unit, while retaining 40% stake in it, with ITC shareholders holding the rest.

Indian online gaming stocks slide after Modi govt imposes 28% tax on customer funds

Some industry representatives said the tax would eat into earnings despite Finance Minister Nirmala Sitharaman saying the decision was taken after consultation with states.

Singapore Airlines refutes media report of increasing its stake in Air India from 25.1%

The statement was made in response to Mint report claiming that Singapore Airlines had increased its stake in the Indian airline to approximately 40%.

Shares open higher on easing global banking concerns, tracking a rebound in global equities

The rise in domestic equities follows a rebound in the US and European markets amid news that a large group of banks was infusing cash into lender First Republic Bank.

Spicejet plans to hike fresh capital amid string of losses, market share battle

The plan comes as Spicejet's cash reserves dwindle and new entrant Akasa Air jostles for a share of the market and rival Air India ramps up its revamp plans.

Some Adani shares climb, after group’s 7 listed firms lose $110 billion since Hindenburg attack

Shares of Adani Green Energy, Adani Total Gas, Adani Power were down 5%, while Adani Transmission rose 3.5%, Adani Enterprises was also up by 9.5% & Adani Wilmar gained 5%.

Shares rise ahead of RBI’s rate decision, Adani stocks arrest slide

The rebound comes after the recent selloff in Adani group stocks, which has caused a rout of over $100 billion in market capitalisation after Hindenburg's report on 24 January.

On Camera

Mamata Shankar stuck in Dark Ages. Gen Z showing India there’s no one way to wear a saree

In an interview with Anandabazar Patrika Shankar waxed eloquent about her many objections to the pallu not covering the bosom area of Gen Z women. She called them ‘women of the street’.

Why Tamil Nadu’s women make up nearly half of India’s female factory workforce

With an educated & skilled workforce, Tamil Nadu has a burgeoning industrial sector which has scored massive investments in automobiles, electronics, and even footwear.

Taiwan reports Chinese military activity around the island

Taiwan has detected a total of 301 Chinese military aircraft and 165 Chinese naval vessels so far in 2024.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.