Read about the new restrictions for online payments using debit and credit cards that will go into effect on 1 January as per RBI’s new rules.
Medicamen Biotech, a smallcap pharma stock, hit a new high of Rs. 948.95 on rallying 13% on the BSE. So far in December, the stock has surged 62% compared to Sensex, up 0.32%.
Infosys could see outflows of $ 9 mn. On the other hand, Reliance Industries’ cumulative inflow in Nifty and Sensex is about $ 245 mn. Read to know more about the outflows of other financial and tech stocks.
India Cements gained 35% over the last year, with a 52-week high and a 52-week low of Rs. 189.35 and Rs. 134.05, respectively.
Is Axis Bank winning the highest bidder title for Citibank’s India retail division? Read this to find out which other banks competed and more.
Zomato and Swiggy will be responsible for paying goods and services tax on restaurant services that they provide from the year 2022. What does this mean? Read this to find out.
Byju’s, India’s most valuable ed-tech start-up, may go public in the US through the SPAC route. Find more information in this article.
Paytm Payments Bank announced that it has received central bank clearance to operate as a scheduled payments bank. Read more about it here.
Flomic Global Logistics has grown from Rs. 0.35 per share to Rs. 198.45 apiece, zooming to ~567 times in around 3 yrs! Read more about the stock here.
Merger of Shriram City Union Finance and Shriram Capital with Shriram Transport Finance will enhance the distribution footprint across all business lines without incurring incremental capex.
