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Mamata Banerjee of «spreading falsehood» on the issue of notification of CAA, senior BJP leader Suvendu Adhikari on Wednesday said that bonafide citizens need not worry as they will continue to live without any fear. Addressing a public meeting at Ranaghat in Nadia district, the Leader of Opposition in the state assembly asserted that Muslims living in the country for centuries are bonafide citizens and urged them not to be «misled by false claims of Banerjee» as «they will continue to live without any fear or hassle». Claiming that the CAA was a precursor to implementing the National Register of Citizens (NRC) across the country, TMC supremo Mamata Banerjee had on Tuesday said, «I apprehend that existing citizens would automatically be first designated as illegal immigrants and then left at the mercy of the committee to grant them citizenship afresh.» Adhikari also asserted that the law would enable three crore Bengali Hindus, who were forced to emigrate from erstwhile East Pakistan, to get their citizenship rights affirmed once and for all.

₹1,500 crore by way of rights issue. The NBFC will also raise debt through non-convertible debentures worth ₹500 crore. Last week its largest shareholder Fairfax India, with a shareholding of 15.1%, had pledged to invest $200 million as liquidity support to bolster confidence among investors and other stakeholders.

Vedanta Ltd on Wednesday said it will appeal against Sebi's order to pay ₹77.6 crore penalty to Scottish explorer Cairn UK Holdings Ltd for delay in paying dividends to its erstwhile shareholder, news agency PTI reported. Vedanta said the Scottish firm had given up its right to claim interest when it settled a retrospective tax demand with the government. "Vedanta Ltd will appeal the Sebi order before the appropriate forum," the mining conglomerate said in a statement.

ANI quoted him as saying. In the meantime, reports arrived that people in Bengaluru are calling for a shift to online work or work-from-home until the monsoon season.

MUMBAI : Byju Raveendran received an extended relief from the Karnataka High Court on Wednesday, allowing him to remain at the helm of Byju’s, amid a volley of charges and countercharges between his troubled edtech company and its investors. But that could also result in Think & Learn Pvt.

Uday Kotak on Wednesday said Indian markets are not in a bubble. There may be some «early froth», and it may be a «little bubbly» but the markets are not out of control, Kotak said, speaking in the presence of top officials from Sebi in a conference organised by the capital markets watchdog. The statement from Kotak, the founder and non-executive director of private sector lender Kotak Mahindra Bank, comes two days after Sebi chairperson Madhabi Puri Buch had said that there are pockets of froth in the small and mid-cap stocks and the regulator is looking into the same to come out with a possible consultation paper.

I must say that I didn’t see this one coming. Credit where credit is due, though: while Street economists were just a little low (consensus was +0.40% headline, +0.30% core), the CPI swap market at least got headline right (there being no market for core inflation CPI swaps) by pricing in +0.47%, seasonally adjusted.

Also Read: Demat Account: What are the tax implications of transactions? Now, when it comes to applying for an IPO, there are a few ways to do it, but the most popular way is through a demat account, primarily using the UPI method. This account is mandatory if one wishes to apply for an IPO, and it is also the simplest and least complicated method. So, a majority of retail investors choose to go this way when they're looking to invest in an IPO.

ALSO READ: CAA rules notified: Here is what the 2019 Bill on Citizenship Amendment Act proposed The law will pave the way for Hindu, Sikh, Jain, Buddhist, Christian, and Parsi refugees, who came to India before December 31, 2014, from Afghanistan, Bangladesh, and Pakistan to acquire Indian citizenship without having a valid passport of these countries or an Indian visa. The Citizenship (Amendment) Bill 2019 was passed in Parliament in December 2019.

₹1 lakh cash transfer every year and 50 percent reservation for women in government jobs. Here are the five guarantees in details: ALSO READ: Congress candidate list: Second list features sons of Kamal Nath, Ashok Gehlot; Gaurav Gogoi gets new seat 1. One woman in every poor family will receive Rs. 1 lakh every year 2. 50% reservation for women in all central government recruitment 3. Doubling of central government’s contribution to Anganwadi, ASHA and Mid-Day Meal workers’ salaries 4. Appointment of an Adhikar Maitri in every Panchayat, who will explain to women their rights to various schemes and benefits 5. Savitribai Phule Working Women’s Hostel in every district headquarters across India, and the number of such hostels will be doubled.

Paytm is racing against time to migrate its banking services from Paytm Payments Bank to other lenders. The National Payments Corporation of India, which runs the Unified Payments Interface (UPI) railroad, is working to certify Paytm’s application to become a third-party payment app, said two senior bankers in the know. Four banks – Yes Bank, Axis Bank, HDFC Bank and State Bank of India – will support Paytm’s consumer-facing UPI payments, one of the bankers said.

Sandeep Raina, executive vice president — research, Nuvama Professional Clients Group, says he is not worried much about the market crash on Wednesday. A lot of people have made a lot of money in the market and something which has gone from one to five is back to four or maybe three-and-a-half. It is not something to be worried about because one, a lot of participants had already expected these kinds of things to happen. Raina says: “I am not worried. Is it the bottom? I do not know frankly. Can there be further small cuts in the market? Possibly yes. But is it a case of there is nothing but a bloodbath going forward and we should sell the equities? Not at all. Just stay calm, stay invested. The market will revive very soon. That is broadly my take on the market.”

The Canadian mortgage space is already seeing some rates on offer decline heading into the spring market, despite no clear indication yet from the Bank of Canada that interest rate cuts are imminent.

By Helen Reid

₹160 crore. The case pertains to the dispute around the sponsorship rights of the Indian cricket team’s jerseys.

Sanjiv Bhasin, Director, IIFL Securities, says “very bullish on Hindustan Copper. We think numbers and the outlook will be very bullish and if China is back, which is evident from the type of government stimulus, then non-ferrous is going to do very well. Hindustan Copper is our top pick there. We are also bullish on HPCL. We like ONGC which is our top pick over there. To sum it up, IRCTC and Concor as well. If you have these five gems, you will create a lot of wealth. ” Bhasin further says they have trimmed exposure in PSU banks and some of the railway stocks.

final results will be declared tomorrow i.e. on 14 March. Candidates who appeared for the AP TET exams can check the official website i.e.

Prosus NV, General Atlantic, Sofina, and Peak XV Partners, who have filed a case before the National Company Law Tribunal (NCLT) against Byju's $200 million rights issue. These investors allege that the issue suppresses their rights and accuse the company of mismanagement.

has reported citing sources. The aim is to make refund times the same for all situations. The refund is likely to get processed within around an hour or so, the publication added.

Samir Arora, Founder & Fund Manager, Helios Capital, says “there is no need to overly worry right now. Let us go bullish till budget and then evaluate properly for the next six-nine months. We have been bullish and let us continue other than the small changes here and there. The money that we raised from selling the smallcaps, we invested into two or three largecaps.” You have tweeted on ITC because of the BAT sale. You have rightly tweeted that first you were expecting the government to sell a stake in ITC. But the opposite has happened and BAT is selling stake, not the government. Samir Arora: During the SUUTI share sale, I used to tweet a lot saying, it is easy to sell this one, the government should not be seen as owning cigarette stocks. Therefore, we used to think at that time BAT may be interested in buying. But now, we see, it is the other way around. But you have to give credit to this market. This market has become so big, that knowing that there will be a $2 billion or whatever dollar sale, somebody came and immediately bought ITC. That was amazing! People have too much money, I think these days. For only 1% correction, they jumped in and bought today, knowing that there will be a $2 billion size sale.

ITC: British American Tobacco has initiated a block deal to offload a 3.5 percent equity stake in ITC to institutional investors, potentially raising as much as ₹16,775 crore. The India division of the British cigarette manufacturer intends to dispose of up to 43.69 crore ITC shares through accelerated book building at a price range of ₹384-400.25 per share, as reported by CNBC Awaaz, quoting sources. The share sale is priced at a 5 percent discount to Tuesday's closing price at the lower end of the price band.