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Top related persons:
Paytm - 2 Mukesh Ambani's - 2 It's - 1 Vijay Shekhar Sharma - 1 Nirmala Sitharaman - 1 Sharma - 1
Top related locs:
New Delhi Reserve Bank of India Mumbai India
Top related orgs:
India's National Stock Exchange - 2 Financial Services - 2 Reserve Bank of - 1 CNBC - 1 Indian Finance Ministry - 1 One97 Communications - 1 Communications - 1 Reserve Bank of India - 1

Search resuls for: "India's National Stock Exchange"


3 mentions found


☆ Crisis-hit Paytm in talks with top India officials after $2.5 billion market cap wipeout
  + stars: | 2024-02-08 | by ( Shreyashi Sanyal Naman Tandon | Shreyashi Sanyal | Naman Tandon | ) www.cnbc.com   time to read: +2 min
A man exercises in a gym near a barcode for Paytm, an Indian cellphone-based digital payment platform, in New Delhi on November 18, 2021. The Indian Finance Ministry, the RBI and Paytm did not immediately respond to CNBC's requests for comment. A Paytm spokesperson has denied any violation of foreign exchange laws, calling them "unfounded and factually incorrect," according to Reuters. The shares saw a massive three-day sell-off following the RBI's order last week which wiped out more than $2.5 billion in value, before a subsequent bounce. Earlier in the week, Indian billionaire Mukesh Ambani's Jio Financial Services denied media reports it was buying Paytm's wallet business.
Persons: Paytm, It's, Vijay Shekhar Sharma, Nirmala Sitharaman, Sharma, Mukesh Ambani's Organizations: Reserve Bank of, CNBC, Reuters, Indian Finance Ministry, One97 Communications, India's National Stock Exchange, Financial Services Locations: New Delhi, Reserve Bank of India
☆ India's Paytm shares pop 8% after Ambani's Jio Financial denies deal talks for wallet business
  + stars: | 2024-02-06 | by ( Shreyashi Sanyal | ) www.cnbc.com   time to read: +1 min
A restaurant advertises the use of the Paytm digital payment system in Mumbai, India, on Saturday, July 17, 2021. It comes after Indian billionaire Mukesh Ambani's Jio Financial Services denied media reports it was buying Paytm's wallet business. Hindustan Times reported Monday that Jio Financial, owned by Ambani's conglomerate Reliance, would acquire Paytm's wallet business. The report sent shares of Jio Financial up as much as 16.5% on an intraday basis yesterday. Jio Financial issued a statement to the exchange late Monday to confirm it was not in talks to buy Paytm's digital wallet business.
Persons: Mukesh Ambani's, Paytm Organizations: Financial Services, Communications, India's National Stock Exchange, Reserve Bank of India, Paytm Payments Bank, Hindustan Times, Jio Locations: Mumbai, India
☆ India's NSE puts trades in some Adani firms under additional watch
  + stars: | 2023-02-02 | by ( ) www.reuters.com   time to read: +2 min
The NSE also placed Monarch Networth Capital (MONR.NS), one of the 10 underwriters of Adani Enterprises' (ADEL.NS) botched share sale, under additional surveillance. The Ahmedabad-based brokerage was responsible for "non institutional marketing", according to the Adani share sale document. Last year, Adani Group acquired Ambuja Cements Ltd (ABUJ.NS) and ACC (ACC.NS) from Holcim AG (HOLN.S) to enter the business. Adani Enterprises tumbled 27%, closing at their lowest level since March 2022. Adani Group did not immediately respond to a request for comment on the exchange's latest decision.
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