Paytm stock falls 8% as  anchor investor’s 30 days lock-in period ends

After dropping to a low of Rs 1,298 apiece, the stock finished at Rs 1,380, its lowest level since November 22, the second day of listing Topics Paytm | Anchor investors | One97 Communications Samie Modak  |  Mumbai  Last Updated at December 15, 2021 22:45 IST Shares of One97 Communications, the parent of Paytm, declined nearly 8 per cent…Continue Reading

Govt to refund MDR losses to banks on digital payments for FY23

Payment companies like Visa and Mastercard have been seeking a level playing field with RuPay, claiming the government is favouring the latter Topics Digital Payments | merchant discount rate MDR | MDR The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved an incentive scheme worth Rs 1,300 crore for 2022-23 to promote RuPay debit cards and…Continue Reading

HC to hear AP’s petition on rates of admission in film theatres today

Wednesday, Dec 15, 2021 | Last Update : 11:43 PM IST DECCAN CHRONICLE. | DC CORRESPONDENTPublished Dec 15, 2021, 11:15 pm ISTUpdated Dec 15, 2021, 11:15 pm IST A single judge bench headed by Justice Manavendranath Roy suspended the GO 35  Andhra Pradesh High Court is likely to hear a petition on Thursday, filed by…Continue Reading

Commando hurt in Maoist pressure bomb blast on Telangana-Chhattisgarh border

Hyderabad: A commando of a special police party was injured after a pressure bomb, planted by the banned outfit CPI (Maoist) in a forest area of Bhadradri-Kothagudem district of Telangana bordering Chhattisgarh, exploded on Wednesday, police said. At around 10 am, the police parties were combing Cherla mandal in the border area when the pressure…Continue Reading

Jaya memorial: HC permits AIADMK to appeal against single judge order

Chennai: The Madras High Court on Wednesday allowed the AIADMK in Tamil Nadu and its former Law Minister C Ve Shanmugham to prefer an appeal against the recent ruling of a single judge quashing all the orders of the previous party-led government that enabled converting the residence of late Chief Minister J Jayalalithaa into a…Continue Reading

Centre apprises Rajya Sabha of criteria for EWS reservation

Wednesday, Dec 15, 2021 | Last Update : 11:44 PM IST ANIPublished Dec 15, 2021, 4:59 pm ISTUpdated Dec 15, 2021, 4:59 pm IST This has been challenged in Supreme Court and the matter is under consideration by the Supreme Court, she further informed  Rajya Sabha. (Representative Photo: PTI) New Delhi: Minister for Social Justice…Continue Reading