Billionaire Raamdeo Agrawal picks up stake in IPO-bound Swiggy, Zepto

This news highlights Agrawal's growing interest in emerging businesses, particularly as the quick commerce sector experiences significant momentum in fundraising. According to an ET report, the family office of Bollywood superstar Amitabh Bachchan has also acquired a small stake in Swiggy. This was done by purchasing shares from the food delivery and quick-commerce company's employees and early investors, indicating continued confidence in the sector's potential.

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Stocks in news: Ultratech, Paytm, HCL Tech, Gland Pharma, GPT Infra

Stocks in news: The domestic market had a promising start this week, aided by a dovish stance from the US Fed. Shares of Ultratech, Paytm, HCL Tech, Gland Pharma, and GPT Infra gained attention due to various developments. Key moments included Sameera Agro’s bonus shares issue, HCLTech’s extended partnership, and GPT Infraprojects’ QIP approval. UltraTech raised $500 million through a sustainability-linked loan.

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Paytm shares drop 9% following report of Sebi's show-cause notice to Vijay Shekhar Sharma

Paytm Share Price: Paytm shares saw a 9% dip to Rs 505.25 following news that SEBI issued show-cause notices to Vijay Shekhar Sharma and ex-board members. The allegations involve misrepresentation during the IPO, focusing on Sharma’s promoter classification. This classification is significant due to regulations on ESOPs for promoters post-IPO.

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Stocks in news: Trent, BEL, LTIMindtree, Ambuja Cements, Alembic Pharma, Transport Corp

Stocks in news: The domestic market edged higher for the second week, moving closer to record highs. Key shares like Trent, BEL, and LTIMindtree attracted attention due to index changes. Transport Corporation announced its first equity buyback. Ambuja Cements experienced significant block deals. Ashoka Buildcon won an MMRDA project. Several other companies also highlighted important developments.

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Islamic State group claims responsibility for knife attack in Solingen, Germany that killed 3

The group said Saturday on its news site that the attacker targeted Christians and is a "soldier of the Islamic State" who carried out the assaults Friday night "to avenge Muslims in Palestine and everywhere."

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Stocks in news: Ambuja Cements, Nykaa, Adani Power, Bharti Airtel, Wipro

Stocks in news: Domestic markets ended slightly higher on Thursday in a lackluster session. Ambuja Cements, Nykaa, Adani Power, Bharti Airtel, Wipro, along with other notable companies will be in focus due to significant news, including stake sales, GST orders, acquisitions, partnerships, and bonus issues.

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Stocks in news: Zomato, Paytm, Zen Technologies, Coal India, IREDA, Alkem Labs

Markets increased on Wednesday. Zomato approved a deal with Paytm. Coal India pursued lithium acquisitions. Zen Technologies launched a QIP. BEML signed an MoU with the Indian Navy. IREDA considered raising funds. Welspun Enterprises, Alkem Laboratories, India Grid Trust, and Cyient also saw notable activities.

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Stocks in news: Zomato, Cyient DLM, L&T, Petronet LNG, NHPC

Stocks in news: The markets saw an uptick of almost half a percent on Tuesday, with Zomato, Cyient DLM, L&T, Petronet LNG, and NHPC grabbing attention. Notable activities included a major stake sale by Antfin Singapore Holding in Zomato, and equity transactions involving PNB Housing Finance and Cyient DLM. L&T got GST relief, while NHPC reported a landslide at Teesta-V.

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Tech donor network co-founded by JD Vance seeks to push America to the right

JD Vance, co-founder of Rockbridge Network, aimed to spread Trump's nationalism via right-wing news, voter engagement, and polling. Documents disclosed Rockbridge's scale and $75 million budget for 2024, showing Silicon Valley's rising influence in conservative politics. The group comprises tech investors supporting deregulation and reduced oversight in key sectors.

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Stocks in news: IndusInd Bank, Zomato, Saraswati Saree Depot, HCL Tech, Poly Medicure

The benchmark indices saw a flat closing on Monday with investors waiting for more triggers. Key focus areas were IndusInd Bank's RBI nod for a mutual fund business, Saraswati Saree Depot's 30% premium debut, and movements in Zomato, Poly Medicure, Motilal Oswal, Hi-Tech Pipes, Sapphire Foods, and HCL Tech shares.

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Stocks in news: Hindustan Zinc, Samvardhana Motherson, Mphasis, Uno Minda, Polyplex Corp

Markets bounced back on Friday, gaining almost 1.5% amid positive global cues. Attention will be on Hindustan Zinc, Samvardhana Motherson, Mphasis, Uno Minda, and Polyplex Corp due to key updates like resignations, acquisitions, and new appointments. DCX Systems received notable orders of Rs 107 crore from domestic and overseas clients.

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