Market Update

Digital Payment App Paytm has today announced the announcement of starting a single day bank settlement facility for all types of fund transfers at its Payment Gateway; Rane Brake Lining's stock gained momentum today; Godrej Properties has purchased a 15-acre piece of land in Bengaluru for the development of the housing project; Reliance Jio has become the first telecommunication services company in the country to cross the 400 million customer mark; The US has received bad news about the Coronavirus vaccine; After a good listing in the Share Market yesterday, Mazagon Dock's stock also witnessed a sharp rise in today's business; China's economy is now recovering from the effect of the coronavirus epidemic; Pepper Content has collected $ 4.2 million in the Series A Financing Round.

Mazagon Dock, the country's largest defense company, has started its day in the Share Market; Mutual fund company UTI AMC shares were listed on the Domestic stock market today; Investors of 9 of the top 10 companies in the country have increased nearly 3 lakh crores in the End Week on Friday; Payment solutions provider RazorPay has collected $ 100 million from different investors, including Singapore's Sovereign Wealth Fund GIC and Sequoia Capital India; Even after the Central Guidelines have been issued by the Central Government to reopen Cinema and Theater, those running Multiplex are still waiting for the state governments' permission to do so; Today, once again people are getting a chance to buy Sovereign Gold Bond; This year's 12th IPO is coming soon; TVS Motor Company's premium motorcycle brand Apache's sales in the domestic and international markets have crossed 40 lakh units.

Vedanta Limited, controlled by Billionaire businessman Anil Agarwal, is close to ending its listing from Indian stock exchanges; The country's foreign exchange reserves rose 3.618 Billion Dollar to a record 545.638 Billion Dollar at the week ending October 2; US-based IT company Salesforce plans to give 5.48 lakh people direct employment in India in the coming days; According to the Finance Ministry, public sector banks have connected about 1.5 crore customers with various methods of digital payment within just 45 days of the 'Adopt Digital' campaign; Clix Group is going to do the acquisition of the crisis-prone Lakshmi Vilas Bank.

Shaktikanta Das, Governor of the Reserve Bank, today announced the Repo rate; Announcing the policy rate, RBI Governor Shaktikanta Das said that he plans to provide 24X7 RTGS service from December 2020; Infibeam avenues, a company providing solutions in Finance Technology Field, has tied up with Oman's bank Dhofar for online payments processing; America most affected by Covid-19 epidemic has recorded record budget in last financial year; Recently, IPOs of several companies have received a blast listing, today was the last day of Vedanta's Delisting offer; Invitation Card has once again returned to the country's largest market, Chawri Bazar; Hyundai's very popular Car Creta continues to flourish in the SUV segment.

Drugs Controller General of India has rejected the Proposal to Trial the Third Stage of Sputnik-V Vaccine in Russia at the Laboratories of the Indian Pharma Company, Dr Reddy Laboratories Limited; Hindustan Coca-Cola Beverages, the largest bottling partner in Coca Cola India, has implemented Permanent work from the home facility for its employers; More than 12 companies have submitted their applications to operate private trains across the country; Forbes has released this year's list of Top 100 Richest Indians; Before Diwali, the government has started keeping a strict eye on the import of Chinese LED lights; Manish Chokhani, an independent director of Zee Entertainment Entrepreneurs Limited, has paid a fine of Rs 8.20 lakh for violating the insider trading rules.

The Trump administration has issued a new order regarding H-1B Visa; The Tejas Express train, which started operating as a private train, is about to run on the tracks once again; Passengers' journey in private trains has already started since last year; According to DHFL, the home loan company stuck in Debt, there has been fraud in the transaction of Rs 2,150.84 crore in the company; Enforcement Directorate has arrested Ex-Chief Financial Officer and Internal Auditor of Cox and Kings Group in Yes Bank, Money Laundering case; Government has appointed Dinesh Kumar Khara as the new Chairman of State Bank of India; Bank of baroda, the third largest bank in the public sector, has announced the offer on retail loans before the festive season; According to Reliance Industries, the wholly owned unit of Abu Dhabi Investment Authority is going to invest Rs 5,512.50 crore in Reliance Retail Ventures; The HDFC bank has not been affected much by the corona virus epidemic.

The service sector of India became quite stable in the month of September but it remained within the range of decline; State Bank of India, the country's largest bank, is considering making its digital platform, YONO a separate unit; The Board of Directors of Britannia Industries, a company that makes Bakery and Dairy Products, has given permission to issue Bonus Debentures and pay Dividends for Shareholders; The Maruti Suzuki Vitara Brezza has created a new record; According to Housing Loan Company HDFC Limited, its personal loan business has reached 95% as compared to last year on yearly basis in the second quarter of 2020-21; According to Mahindra & Mahindra, its completely new SUV Thar has received 9,000 bookings within 4 days of its booking start; The government has taken a unique initiative to bring street food vendors, ie street food vendors, online; Beverages company MagFast Beverages has given a legal defeat to Leading Company PepsiCo in the matter of using Trademark.

India's largest port developer, Adani Ports and Special Economic Zone Limited, has acquired Krishnapatnam Port Company Limited for 12000 crores; Last Week Wealth of investors from 8 of the top 10 companies in the country has increased by about Rs 1.45 lakh crore as the market cap of these companies has increased by Rs 1,45,194.57 crore; Tata Consultancy Services may consider Proposal of Buyback, a leading IT company in the IT sector; Today Angel Broking's shares were listed on the Domestic stock market; Online shopping has seen a tremendous boom due to the Corona epidemic. The sale of electronic goods through the e-commerce platform has seen the highest jump; Transport for London has agreed to give a new operating license to Ola, the taxi service company; According to the construction company, Larsen & Toubro, it has received several orders for various businesses in the Domestic market; Market capitalization of Tata Consultancy Services exceeded 10 lakh crore rupees for the first time today i.e. on Monday; According to Google, a provider of Internet products & services, the time limit for Indian app developers to join its Google Play billing system has been increased by 6 months to 31 March 2022

Silver Lake invests again in Reliance Retail; 65% decrease from Corona; Relieving news for Indian Economy; Rakesh Jhunjhunwala's Portfolio was the most effective in 3 months; HDFC and ICICI Bank bring Festive offers; Government reduced natural gas prices by 25%; Maruti sold more vehicles in September this year than last year; Good news for PF and Post Office investors

Government has today extended the time limit of 1.5 months to open opening bid to buy a stake in Bharat Petroleum Corporation Limited i.e. BPCL till 16 November; German Airlines Lufthansa has cancelled all its flights to India by 20 October; Mukesh Ambani, the country's richest man, has earned Rs 90 crore every hour since Lockdown this year; From October 1, the Income Tax Department has issued a new rule regarding Tax Collected at Source; American Private Equity Firm will invest Rs 3675 crore in General Atlantic, Reliance Retail Ventures Limited; US leading company Walt Disney announces the removal of 28,000 Employees; Government is planning to sell its 25% stake in LIC, the country's largest life insurance company, to reduce the budget deficit; Lakshmi Vilas Bank has the challenge to save its existence. Actually, the bank has faced many difficulties; According to a government survey in China, production in factories has increased in September, which shows that the country is recovering from the coronavirus epidemic.