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Every transaction will be monitored on CoinDCX using Solidus Labs’ machine-learning detection models, connectivity and infrastructure to identify suspicious activity

The market regulator had in June 2017 set up a committee on corporate governance under the Uday Kotak with a view to seeking recommendations to further enhance the corporate governance norms for the listed companies

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The company has reported a turnaround in profitability. Its net profit stood at Rs 13.2 crore in Q3FY22 and total revenues have gone up by 38% to Rs 130.1 crore, the company said in its maiden quarterly results post listing. It had posted a net loss of Rs 27.16 crore in the year-ago period.

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Investors were rattled by fears of a Russian invasion of Ukraine, driving up volatility gauges and equities sharply lower on Monday. A common gauge of volatility in euro zone equities fell to 27.2 points after hitting a three-week high of 33.95.

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A total of 4,737 shares changed hands on the counter till 02:10PM (IST)

“Our microfinance company will take one or two quarters more to come out of this pandemic situation as also other businesses. But in spite of that, we could grow our gold loan and the growth of the consolidated AUM has grown by around 10% which is primarily led by gold. I expect things to improve in the coming quarters.”

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"We remain extremely convinced of the growth in ICICI Bank and Bajaj Finance. Both these companies have demonstrated their ability to acquire the technology stake in a systematic manner for producing a sustainable growth. Both of them remain in the top list as far as we are concerned in buying into our portfolio. We have been systematically buying into the frontline IT companies and this current fall is giving us an opportunity to buy that 15-20% kind of an appreciation over one year to one and a half year time from the current levels."

In the grey market, Vedant Fashions is commanding a premium of Rs 20 over its issue price, which is merely 2 per cent higher than its issue price of Rs 866 apiece.

Shares of SpiceJet that have been under pressure due to the company being involved in a legal battle, including an insolvency proceeding, jumped following its earnings. The stock was up 7 per cent on BSE.

Sunil Chandak, Equity Strategist at Gennext Investrade said expensive pricing triggered the meltdown in the new-age companies, particularly fintech players. Easy money in the unlisted market is not possible now, he added.

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