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Invesco, the largest shareholder of ZEE, had approached the division bench in October last year to challenge the injunction order passed by justice GS Patel, in a petition filed by the entertainment company against the investor.

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Claiming that Ramkrishna was involved in "various malpractices", the agency told the court that it was investigating these trips to examine whether they had gained any pecuniary advantage. It also said Subramanian had impersonated as the so-called Himalayan yogi and influenced the decisions of Ramkrishna at the NSE.

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As many as 262,984 units were sold in the passenger vehicle segment in the local market last month, which is a decline of 6.5% over 281,380 units sold in the year-ago period.

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After swinging between gains and losses through the day, Indian share indices ended up for the fourth consecutive session on Friday but gains were capped as investors remained on the edge. The benchmarks, however, ended up over 2% for the week, recording their first weekly gain in five weeks.

“We are more positive on the B2B themes rather than the B2C themes. We are also looking at more value focussed plays which we think will outperform. Overall commodity as a space will continue to do well. Metals, mining are areas which will do well. Even agri commodities will do well.”

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In the first eleven days of March, foreign investors have already withdrawn Rs 41,168 crore from Indian equities. This is already more than they sold in February.

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This is in addition to Rs 333 crore and Rs 370 crore paid as first and second interim dividend, respectively, earlier, Power Finance Corporation (PFC) said in a statement.

RBI bans Paytm Bank from onboarding new customers

Updated at : 2022-03-11 21:30:04

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"Onboarding of new customers by Paytm Payments Bank Ltd will be subject to specific permission to be granted by RBI after reviewing report of the IT auditors. This action is based on certain material supervisory concerns observed in the bank," the RBI said.

ICICI Bank raises Rs 8,000 cr by issuing bonds

Updated at : 2022-03-11 21:30:04

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The board of directors of the bank on April 24, 2021, had approved fund raising through issuance of debt securities.

The orders came after Sebi observed large scale reversal trades in the stock options segment of BSE, leading to the creation of artificial volume in the segment.

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