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IndiaTV Business: Google News Feed: Digest for February 07, 2024

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Paytm Payments Bank: Traders' body CAIT today (February 4) issued a cautionary advisory to traders to switch from Paytm to other payment options for business-related transactions following RBI curbs on Paytm wallet and bank operations.
Paytm said on Sunday said that neither the company nor Vijay Shekhar Sharma, the CEO of One97, is currently under investigation by the enforcement directorate for money laundering.
Think and Learn released salaries for the month of January for its staff, with the company's founder and CEO, Raveendran Byju, reaching out to employees for their support during the firm's challenging phase, according to sources.
The BSE Sensex rose by 193.43 points, reaching 72,279.06 in early trade, while the Nifty gained 51.15 points, reaching 21,904.95.
The Reserve Bank of India (RBI) last week ordered Paytm Payments Bank to not take any further deposits, conduct credit transactions, or carry out top-ups on any customer accounts, prepaid instruments, wallets, or cards for paying road tolls after February 29.
The Uttar Pradesh government's budget for the fiscal year 2024-25 has allocated Rs 100 crore for organising Mahakumbh-2025. Additionally, funds have been provided for various cultural and research initiatives, including the establishment of an International Ramayana and Vedic Research Institute in Ayodhya.
The central government on Tuesday is set to introduce 'Bharat rice' at a subsidised rate of Rs 29 per kg, aiming to alleviate the impact of a 15 per cent surge in retail rice prices over the past year. The discounted rice will be made available in 5 kg and 10 kg packs. Union Food Minister Piyush Goyal is slated to launch Bharat rice at Kartavya Path in the national capital, an official release stated.
Business news: Paytm on Monday (February 5) issued a statement denying reports of an Enforcement Directorate investigation or violation of Foreign Exchange rules by the company or its associate Paytm Payments Bank Limited. This comes after Reuters, quoting two senior officials, claimed that the ED was probing the company, however, there was no formal communication thus far. Paytm's parent company, One97 Communications Limited (OCL), claimed that the reports are "entirely misleading, baseless and malicious".
UPI service on Paytm will continue to work as normal as the company is working with other banks to make changes in the back-end for continuity of its services, the company said on Monday.
The Reserve Bank of India (RBI) has granted approval to HDFC Bank to acquire an "aggregate holding" of up to 9.50 percent of the paid-up share capital or voting rights" in IndusInd Bank, according to the company's exchange filing.
Think and Learn released salaries for the month of January for its staff, with the company's founder and CEO, Raveendran Byju, reaching out to employees for their support during the firm's challenging phase, according to sources.
The BSE Sensex rose by 193.43 points, reaching 72,279.06 in early trade, while the Nifty gained 51.15 points, reaching 21,904.95.
The Reserve Bank of India (RBI) last week ordered Paytm Payments Bank to not take any further deposits, conduct credit transactions, or carry out top-ups on any customer accounts, prepaid instruments, wallets, or cards for paying road tolls after February 29.
The Uttar Pradesh government's budget for the fiscal year 2024-25 has allocated Rs 100 crore for organising Mahakumbh-2025. Additionally, funds have been provided for various cultural and research initiatives, including the establishment of an International Ramayana and Vedic Research Institute in Ayodhya.
The central government on Tuesday is set to introduce 'Bharat rice' at a subsidised rate of Rs 29 per kg, aiming to alleviate the impact of a 15 per cent surge in retail rice prices over the past year. The discounted rice will be made available in 5 kg and 10 kg packs. Union Food Minister Piyush Goyal is slated to launch Bharat rice at Kartavya Path in the national capital, an official release stated.
Business news: Paytm on Monday (February 5) issued a statement denying reports of an Enforcement Directorate investigation or violation of Foreign Exchange rules by the company or its associate Paytm Payments Bank Limited. This comes after Reuters, quoting two senior officials, claimed that the ED was probing the company, however, there was no formal communication thus far. Paytm's parent company, One97 Communications Limited (OCL), claimed that the reports are "entirely misleading, baseless and malicious".
UPI service on Paytm will continue to work as normal as the company is working with other banks to make changes in the back-end for continuity of its services, the company said on Monday.
The Reserve Bank of India (RBI) has granted approval to HDFC Bank to acquire an "aggregate holding" of up to 9.50 percent of the paid-up share capital or voting rights" in IndusInd Bank, according to the company's exchange filing.
Samsung emerged as the leader in the Indian smartphone market in 2023, capturing a 18 per cent share, according to a report by CyberMedia Research (CMR).
In early trading on Tuesday, equity benchmark indices showed gains, primarily led by buying in IT majors such as Tata Consultancy Services and Infosys, coupled with fresh foreign fund inflows.
The central government on Tuesday is set to introduce 'Bharat rice' at a subsidised rate of Rs 29 per kg, aiming to alleviate the impact of a 15 per cent surge in retail rice prices over the past year. The discounted rice will be made available in 5 kg and 10 kg packs. Union Food Minister Piyush Goyal is slated to launch Bharat rice at Kartavya Path in the national capital, an official release stated.
Business news: Paytm on Monday (February 5) issued a statement denying reports of an Enforcement Directorate investigation or violation of Foreign Exchange rules by the company or its associate Paytm Payments Bank Limited. This comes after Reuters, quoting two senior officials, claimed that the ED was probing the company, however, there was no formal communication thus far. Paytm's parent company, One97 Communications Limited (OCL), claimed that the reports are "entirely misleading, baseless and malicious".
UPI service on Paytm will continue to work as normal as the company is working with other banks to make changes in the back-end for continuity of its services, the company said on Monday.
The Reserve Bank of India (RBI) has granted approval to HDFC Bank to acquire an "aggregate holding" of up to 9.50 percent of the paid-up share capital or voting rights" in IndusInd Bank, according to the company's exchange filing.
Samsung emerged as the leader in the Indian smartphone market in 2023, capturing a 18 per cent share, according to a report by CyberMedia Research (CMR).
In early trading on Tuesday, equity benchmark indices showed gains, primarily led by buying in IT majors such as Tata Consultancy Services and Infosys, coupled with fresh foreign fund inflows.
Shares of One97 Communications Ltd, the parent company of the Paytm brand, rebounded on Tuesday morning after experiencing three consecutive days of sharp declines. Despite a weak start to the trading session, the stock surged by 7.79 percent to Rs 472.50 on the BSE and by 7.99 percent to Rs 473.55 on the NSE.
Shares of Bharti Airtel rose by 4 per cent following the company's announcement of a 54 per cent surge in consolidated net profit to Rs 2,442.2 crore during the December quarter.
The government is likely to ink a multi-billion-dollar agreement on Tuesday to extend LNG imports from Qatar until 2048, with rates anticipated to be lower than current prices, according to sources.
Prime Minister Narendra Modi announced on Tuesday that India is poised to witness a staggering investment of USD 67 billion in the energy sector over the next 5 to 6 years. Speaking at the inauguration of the second edition of the India Energy Week in Goa, Modi extended an invitation to global investors to partake in India's growth narrative.
Business news: Paytm on Monday (February 5) issued a statement denying reports of an Enforcement Directorate investigation or violation of Foreign Exchange rules by the company or its associate Paytm Payments Bank Limited. This comes after Reuters, quoting two senior officials, claimed that the ED was probing the company, however, there was no formal communication thus far. Paytm's parent company, One97 Communications Limited (OCL), claimed that the reports are "entirely misleading, baseless and malicious".
UPI service on Paytm will continue to work as normal as the company is working with other banks to make changes in the back-end for continuity of its services, the company said on Monday.
The Reserve Bank of India (RBI) has granted approval to HDFC Bank to acquire an "aggregate holding" of up to 9.50 percent of the paid-up share capital or voting rights" in IndusInd Bank, according to the company's exchange filing.
Samsung emerged as the leader in the Indian smartphone market in 2023, capturing a 18 per cent share, according to a report by CyberMedia Research (CMR).
In early trading on Tuesday, equity benchmark indices showed gains, primarily led by buying in IT majors such as Tata Consultancy Services and Infosys, coupled with fresh foreign fund inflows.
Shares of One97 Communications Ltd, the parent company of the Paytm brand, rebounded on Tuesday morning after experiencing three consecutive days of sharp declines. Despite a weak start to the trading session, the stock surged by 7.79 percent to Rs 472.50 on the BSE and by 7.99 percent to Rs 473.55 on the NSE.
Shares of Bharti Airtel rose by 4 per cent following the company's announcement of a 54 per cent surge in consolidated net profit to Rs 2,442.2 crore during the December quarter.
The government is likely to ink a multi-billion-dollar agreement on Tuesday to extend LNG imports from Qatar until 2048, with rates anticipated to be lower than current prices, according to sources.
Prime Minister Narendra Modi announced on Tuesday that India is poised to witness a staggering investment of USD 67 billion in the energy sector over the next 5 to 6 years. Speaking at the inauguration of the second edition of the India Energy Week in Goa, Modi extended an invitation to global investors to partake in India's growth narrative.
Rashi Peripherals, Jana Small Finance Bank, and Capital Small Finance Bank are set to launch their maiden public issues, collectively aiming to raise around Rs 1,700 crore. Additionally, Entero Healthcare Solutions will kick off its initial share sale on February 9, aiming to raise Rs 1,600 crore. Meanwhile, the IPO of, valued at Rs 920 crore, is currently under subscription.
Business news: Paytm on Monday (February 5) issued a statement denying reports of an Enforcement Directorate investigation or violation of Foreign Exchange rules by the company or its associate Paytm Payments Bank Limited. This comes after Reuters, quoting two senior officials, claimed that the ED was probing the company, however, there was no formal communication thus far. Paytm's parent company, One97 Communications Limited (OCL), claimed that the reports are "entirely misleading, baseless and malicious".
UPI service on Paytm will continue to work as normal as the company is working with other banks to make changes in the back-end for continuity of its services, the company said on Monday.
The Reserve Bank of India (RBI) has granted approval to HDFC Bank to acquire an "aggregate holding" of up to 9.50 percent of the paid-up share capital or voting rights" in IndusInd Bank, according to the company's exchange filing.
Samsung emerged as the leader in the Indian smartphone market in 2023, capturing a 18 per cent share, according to a report by CyberMedia Research (CMR).
In early trading on Tuesday, equity benchmark indices showed gains, primarily led by buying in IT majors such as Tata Consultancy Services and Infosys, coupled with fresh foreign fund inflows.
Shares of One97 Communications Ltd, the parent company of the Paytm brand, rebounded on Tuesday morning after experiencing three consecutive days of sharp declines. Despite a weak start to the trading session, the stock surged by 7.79 percent to Rs 472.50 on the BSE and by 7.99 percent to Rs 473.55 on the NSE.
Shares of Bharti Airtel rose by 4 per cent following the company's announcement of a 54 per cent surge in consolidated net profit to Rs 2,442.2 crore during the December quarter.
The government is likely to ink a multi-billion-dollar agreement on Tuesday to extend LNG imports from Qatar until 2048, with rates anticipated to be lower than current prices, according to sources.
Prime Minister Narendra Modi announced on Tuesday that India is poised to witness a staggering investment of USD 67 billion in the energy sector over the next 5 to 6 years. Speaking at the inauguration of the second edition of the India Energy Week in Goa, Modi extended an invitation to global investors to partake in India's growth narrative.
Rashi Peripherals, Jana Small Finance Bank, and Capital Small Finance Bank are set to launch their maiden public issues, collectively aiming to raise around Rs 1,700 crore. Additionally, Entero Healthcare Solutions will kick off its initial share sale on February 9, aiming to raise Rs 1,600 crore. Meanwhile, the IPO of, valued at Rs 920 crore, is currently under subscription.
Business news: Paytm on Monday (February 5) issued a statement denying reports of an Enforcement Directorate investigation or violation of Foreign Exchange rules by the company or its associate Paytm Payments Bank Limited. This comes after Reuters, quoting two senior officials, claimed that the ED was probing the company, however, there was no formal communication thus far. Paytm's parent company, One97 Communications Limited (OCL), claimed that the reports are "entirely misleading, baseless and malicious".
UPI service on Paytm will continue to work as normal as the company is working with other banks to make changes in the back-end for continuity of its services, the company said on Monday.
The Reserve Bank of India (RBI) has granted approval to HDFC Bank to acquire an "aggregate holding" of up to 9.50 percent of the paid-up share capital or voting rights" in IndusInd Bank, according to the company's exchange filing.
Samsung emerged as the leader in the Indian smartphone market in 2023, capturing a 18 per cent share, according to a report by CyberMedia Research (CMR).
In early trading on Tuesday, equity benchmark indices showed gains, primarily led by buying in IT majors such as Tata Consultancy Services and Infosys, coupled with fresh foreign fund inflows.
Shares of One97 Communications Ltd, the parent company of the Paytm brand, rebounded on Tuesday morning after experiencing three consecutive days of sharp declines. Despite a weak start to the trading session, the stock surged by 7.79 percent to Rs 472.50 on the BSE and by 7.99 percent to Rs 473.55 on the NSE.
Shares of Bharti Airtel rose by 4 per cent following the company's announcement of a 54 per cent surge in consolidated net profit to Rs 2,442.2 crore during the December quarter.
The government is likely to ink a multi-billion-dollar agreement on Tuesday to extend LNG imports from Qatar until 2048, with rates anticipated to be lower than current prices, according to sources.
Prime Minister Narendra Modi announced on Tuesday that India is poised to witness a staggering investment of USD 67 billion in the energy sector over the next 5 to 6 years. Speaking at the inauguration of the second edition of the India Energy Week in Goa, Modi extended an invitation to global investors to partake in India's growth narrative.
Rashi Peripherals, Jana Small Finance Bank, and Capital Small Finance Bank are set to launch their maiden public issues, collectively aiming to raise around Rs 1,700 crore. Additionally, Entero Healthcare Solutions will kick off its initial share sale on February 9, aiming to raise Rs 1,600 crore. Meanwhile, the IPO of, valued at Rs 920 crore, is currently under subscription.
Business news: Paytm on Monday (February 5) issued a statement denying reports of an Enforcement Directorate investigation or violation of Foreign Exchange rules by the company or its associate Paytm Payments Bank Limited. This comes after Reuters, quoting two senior officials, claimed that the ED was probing the company, however, there was no formal communication thus far. Paytm's parent company, One97 Communications Limited (OCL), claimed that the reports are "entirely misleading, baseless and malicious".
UPI service on Paytm will continue to work as normal as the company is working with other banks to make changes in the back-end for continuity of its services, the company said on Monday.
The Reserve Bank of India (RBI) has granted approval to HDFC Bank to acquire an "aggregate holding" of up to 9.50 percent of the paid-up share capital or voting rights" in IndusInd Bank, according to the company's exchange filing.
Samsung emerged as the leader in the Indian smartphone market in 2023, capturing a 18 per cent share, according to a report by CyberMedia Research (CMR).
In early trading on Tuesday, equity benchmark indices showed gains, primarily led by buying in IT majors such as Tata Consultancy Services and Infosys, coupled with fresh foreign fund inflows.
Shares of One97 Communications Ltd, the parent company of the Paytm brand, rebounded on Tuesday morning after experiencing three consecutive days of sharp declines. Despite a weak start to the trading session, the stock surged by 7.79 percent to Rs 472.50 on the BSE and by 7.99 percent to Rs 473.55 on the NSE.
Shares of Bharti Airtel rose by 4 per cent following the company's announcement of a 54 per cent surge in consolidated net profit to Rs 2,442.2 crore during the December quarter.
The government is likely to ink a multi-billion-dollar agreement on Tuesday to extend LNG imports from Qatar until 2048, with rates anticipated to be lower than current prices, according to sources.
Prime Minister Narendra Modi announced on Tuesday that India is poised to witness a staggering investment of USD 67 billion in the energy sector over the next 5 to 6 years. Speaking at the inauguration of the second edition of the India Energy Week in Goa, Modi extended an invitation to global investors to partake in India's growth narrative.
Rashi Peripherals, Jana Small Finance Bank, and Capital Small Finance Bank are set to launch their maiden public issues, collectively aiming to raise around Rs 1,700 crore. Additionally, Entero Healthcare Solutions will kick off its initial share sale on February 9, aiming to raise Rs 1,600 crore. Meanwhile, the IPO of, valued at Rs 920 crore, is currently under subscription.
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