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RBI alerted ED a few months ago about potential money laundering and KYC violations at Paytm
The company plans to utilize Rs 550 crore to repay loans, with the remaining funds earmarked for general corporate purposes.
The Mumbai-based real estate developer aims to raise Rs 430 crore through a fresh issue
Recommendation: Buy; Target price: ₹705
The stake sale occurred after the $10 billion merger of Zee Entertainment with the Indian unit of Sony was called off on January 22
Recommendation: Add; Target price: ₹341
Recommendation: Add; Target price: ₹2,062
Top losers on the Nifty included UPL, Bharti Airtel, Bajaj Finance, HDFC Life, and Grasim Industries,
Morgan Stanley Asia purchased 50 lakh shares, constituting a 0.79 % stake, at ₹487.2 per share in Paytm
Return on Assets (ROA) for the first nine months of FY24 increased by 0.94%
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