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Telehealth services providers rose after Amazon shut down its in-house telemedicine service for employees. Teladoc gained 3.8%.

"ErisX was founded with the mission of bringing transparent, well-regulated markets for digital assets and we are excited to further accelerate on this vision with growing support from our partner firms," said Cboe Chief Executive Officer Ed Tilly.

The housing financier will seek approval from its shareholders on the capital raise plan in the upcoming annual general meeting on September 23, 2022.The company said whether the funds will be moped-up in one or more tranches will depend upon the requirement, time of issue as well as market conditions

After opening with healthy gains, the 30-share pack Sensex slipped into the red, falling 710 points from the day’s high to end 311 points lower at 58,774.72. Its broader peer, Nifty50, fell 82.50 points to end the August series at 17,522.45.

“Smaller companies are more volatile but they give a lot of euphoria also. We are interested in the younger companies. The old ones are not bad but if you can live through the volatility of the smallcap market, that is the place for sizzle, excitement and a lot of money.”

The rupee declined by 7 paise to close at 79.93 (provisional) after moving in a narrow range against the US dollar on Thursday. At the interbank foreign exchange market, the domestic currency opened at 79.80 per dollar. It hovered in a range of 79.80 to 79.

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The Securities Appellate Tribunal has stayed the penalty imposed by capital markets regulator Sebi on PGIM Asset Management Company in a case pertaining to flouting of mutual funds norms.

Backed by Prem Watsa-led Fairfax Group and Kamesh Goyal, who are also promoters of Go Digit General Insurance, the company has applied for a licence from the Insurance Regulatory and Development Authority of India (IRDAI) to set up a life insurance business.

In a regulatory filing, the company said it is closing down its manufacturing facility in Illinois, USA and will continue its business in the United States through contract manufacturing alliances for its products sold in North America.The drugmaker also said that the new arrangement is in the interest of the company as it will help avoid the manufacturing and quality management cost completely resulting in significant savings in operating and overhead costs.