Foreign portfolio investors have offloaded shares worth 170.83 billion rupees ($2.05 billion) in just seven sessions in May, the highest since January.
The private lender's shares tumbled to be top Nifty 50 loser after India's central bank barred it from taking on new customers through online and mobile banking channels.
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.
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.
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.
Some industry representatives said the tax would eat into earnings despite Finance Minister Nirmala Sitharaman saying the decision was taken after consultation with states.
Nawaz Sharif’s lust for hanging a Pakistani general since Pervez Musharraf ousted him continues. What a relief that today’s top general has immunity for the future. Or does he?
Clean energy is “no longer the sideshow, it is the show”, BVR Subrahmanyam told the Odisha summit, warning India to lead the global shift or risk others’ tech dominance.
India is now the only country still operating the Jaguar, long retired by its original users, France in 2005 and the UK in 2007, and secondary operators like Oman, Nigeria and Ecuador.
None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.
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