Paytm shares jumped by 6.95 per cent to Rs 850.75 on the BSE following the announcement.
According to a Sebi consultation paper, the measure is aimed at enhancing participation of the non-institutional investors in the corporate bond market coupled with mitigation and management of risk to safeguard and protect the interest of such non-institutional investors.
“Tata Group’s multi-billion-pound investment in a new battery factory in the UK is testament to the strength of our car manufacturing industry and its skilled workers,” British Prime Minister Rishi Sunak said.
The law also heavily relies on at least 25 subordinate rules, which are yet to be promulgated by the government. But they would be necessary to enforce the law completely.
The US received Rs 1.24 lakh crore (13.6 per cent share) and the UK got Rs 1.16 lakh crore (12.8 per cent) as ODI from India in FY2023.
RBI Governor Shaktikanta Das proposed to launch “Conversational Payments” on UPI, that will enable users to engage “in a conversation with an AI-powered system to initiate and complete transactions in a safe and secure environment.”
As the New Delhi Summit had drawn to a close in September, Prime Minister Narendra Modi had proposed a virtual session in November before the end of India’s presidency – Brazil will take over the G20 presidency from December 1.
Shares of tyre maker CEAT Ltd jumped over 11 per cent in morning trade on Tuesday, after the company reported a steep rise in consolidated net profit at Rs 207.72 crore for the September quarter.
HDFC Bank was among the top gainers today after the company’s consolidated net profit jumped 50 per cent to Rs 16,811 crore for the September quarter, its first quarterly earnings announcement after merging parent HDFC with itself.
Mercedes-Benz is offering a 10-year battery warranty for the luxury electric SUV for the first time.