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The probe was triggered when the government authorities found Ola Electric&#39;s claim of resolving 99.1% of complaints unsatisfactory.

CCPA Orders In-Depth Probe Into Ola Electric As Resolution Claims Fall Short: Report

Tata Motors

The holding company will be chaired by Tata Group Chairman N. Chandrasekaran, along with other senior executives, the report said.

Tata Motors Denies Report Of Establishing Holding Company For Demerged Entities

Zomato

Movers

Tech

Trading Ideas

Zomato imposed pricing and discount restrictions on its restaurant partners, and in certain cases, included a &#34;penalty provision&#34; for outlets that did not comply.

Zomato Confirms CCI Investigation Over Violation Of Competition Laws

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Stuttgart,,Germany,-,01-23-2024:,Person,Holding,Smartphone,With,Webpage,Of

Discussions are still in the early stages, and there is currently no proposal before the company&#39;s board or its insurance subsidiaries regarding this matter, the statement added.

Bajaj Finserv Confirms Allianz Mulling Departure From Insurance Joint Ventures, Shares Dip 2%

Semiconductor Industry Recovery

Social Media

Media

General

Zoho Corp. denies reports of investing ₹3,000 crore in Odisha semiconductor venture. CEO clarifies proposal is still pending. 

Zoho&#39;s Vembu Refutes Rumours Of ₹3,000 Crore Investment In Odisha Semiconductor Venture

Fake news Misinformation

Large Cap

Contracts

The report apparently claims to address the company&#39;s presence in Kenya, where the company recently won a $1.3 billion (₹10,904 crore) power transmission deal despite facing backlash from unions and the opposition over the transfer of management of the country&#39;s primary airport to the company.

Adani Group Threatens Legal Action Against Fake Press Release About Kenya That Fooled Supreme Court Lawyer

Oil.oilfield.shutterstock

The market regulator has also asked BPCL to clarify. The company has not replied yet.

HPCL Confirms Talks With Norway&#39;s Equinor, Shares Trade Flat

Bear market

Earnings

LIC increased its stake in the group flagship Adani Enterprises to 4.07% in the April to June period up from 3.93% in the previous quarter.

Are The New Adani Allegations Dragging LIC&#39;s Share Price Lower?

Adani Group

The Buchs explained that their decision to invest in the fund was influenced by the involvement of Anil Ahuja, the Chief Investment Officer, who was a childhood friend of Dhaval Buch.

Adani Stocks Nosedive As Hindenburg&#39;s New Report Drags SEBI Chief Into  Scandal

Mahindra Scorpio N SUV

Indian automotive giant Mahindra &amp; Mahindra has refuted claims of a proposed $3 billion investment with China&#39;s Shaanxi Automobile Group. 

Mahindra &amp; Mahindra Denies Reports Of $3B Investment With Shaanxi Automobile Group

February,21,,2023,,Brazil.,In,This,Photo,Illustration,,The,Life

Analyst Color

Analyst Ratings

The anticipated increase in the value of its new business (VNB) could stand in the range of 17% to 37% compared to the corresponding quarter of the previous fiscal year.

Here&#39;s What To Expect From LIC&#39;s Q1 Earnings

Munich,,Bavaria,,Germany,-,March,31,2023:,Cdsl,Is,India's

CDSL dismisses social media rumours of share sale, calls it fraudulent. Advises investors to rely on verified sources and ignore market speculation.

CDSL Refutes Claims Of Fraudulent Share Sale

Hdfc,Bank,,India

The bank released a statement late on Sunday, denying the allegations made in the article published two days earlier. HDFC Bank clarified its intention to maintain a robust presence in builder financing, a sector where it commands a sizeable market share.

HDFC Bank Denies &#39;Frivolous&#39; And &#39;Inappropriate&#39; Reports Of Selling ₹1 Lakh Cr Builder Loan Book

M&M, JSW, Skoda

Asset Sales

Skoda Volkswagen has struggled with market share growth and local manufacturing. Aligning with Mahindra or JSW could address these issues, potentially increasing profitability and sustainability. 

M&amp;M and JSW Group Vie For Slice Of Skoda India Business As Czech Carmaker Eyes Profit Boost: Report

Airtel debt

Telecom operator Bharti Airtel denies reports of 37.5 crore customer data being hacked and put up for sale on the dark web. 

&#39;There Has Been No Breach:&#39; Bharti Airtel Denies Reports Of Data Leak Of 37.5 Cr Customers

Wipro

In a recent regulatory filing, Wipro has categorically denied the rumours of securing a multi-million dollar deal with Standard Chartered.

Wipro Refutes Reports Of Bagging Multi-Million Dollar Contract With Standard Chartered

HDFC Life, SBI Life, Other Insurers suffer budget impact

The Life Insurance Corporation of India (LIC) has issued a clarification stating that it does not currently have any formal plans to enter the health insurance market via a purchase of a private health insurer.

LIC Refutes Reports Of Planned Foray Into Health Insurance

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The projects will not just be Sri Lanka&#39;s largest renewable energy project but also the nation&#39;s biggest power project to date.

Adani Green Energy Shares Gain On Reports Of $1B Sri Lanka Investment

Paytm CEO Vijay Shekhar Sharma

One 97 Communications, the parent company of Paytm, has dismissed the speculation about the Adani Group acquiring a stake in the company. 

Paytm Denies News Of Adani Acquisition, Shares Hit Upper Circuit

Solar,Panel,,Photovoltaic,,Alternative,Electricity,Source,-,Concept,Of,Sustainable

Financing

 Tata Power&#39;s move to secure this substantial loan is aimed at bolstering its green energy initiatives. This comes as India is making significant progress towards its ambitious renewable energy targets.

Tata Power To Secure $1B Loan For Renewable Energy Initiatives: Report

Paytm shares surge

One 97 Communications Ltd. shares were trading 4.74% higher at ₹348.80 on Friday morning, shortly after markets opened for trading.

Paytm Shares Climb Nearly 5% After Clearing Air On &#39;Factually Incorrect&#39; Report On Loan Guarantees

Paramount times square

Entertainment

Paramount&#39;s decision to offload assets, including its Simon &amp; Schuster publishing arm, is part of a broader strategy to lighten its debt load.

After Disney Merger, Reliance Now Set To Acquire Paramount&#39;s Stake In Viacom18

New,Delhi,,India-september,28,2020:,Income,Tax,Department,Sign,Board

Government

Regulations

Legal

The company highlighted its cooperation with the Income Tax Department officials during their survey proceedings in September 2023. It said it has also responded to certain queries from the IT department following the survey.

Alkem Labs Refutes Tax Evasion Claims, Shares Recover From 12% Plunge

Uber

Adani Group&#39;s $100 billion investment in India&#39;s green energy over the next decade, along with plans to increase solar manufacturing, further underscores the strategic importance of this partnership.

Adani And Uber Team Up For Large-Scale EV Adoption In India: Report

A Volkswagen ID.3 electric car parked in Shanghai.

Volkswagen is contemplating divesting its stake in its Indian subsidiary, Skoda Auto Volkswagen India, as it seeks to partner with another automaker in India to produce EVs, as per reports.

Volkswagen May Team Up With This Indian Conglomerate To Make EVs In India

Tata Sons GST Claim Docomo

The Tata Group&#39;s super app, Tata Neu, is set to make its foray into the online food ordering sector, marking a significant shift for traditional Indian corporate houses.

Tata Neu Gears Up To Challenge Swiggy, Zomato In Online Food Ordering

Bear.Shutterstock

Billionaire Azim Premji&#39;s private equity fund, Premji Invest, and foreign venture capital investor Claymore Investments (Mauritius) recently divested stakes in PB Fintech via open market transactions.

Could PB Fintech Be The Next Paytm? Here&#39;s Why Shares Are Tanking

Paytm soundbox

The stock has lost nearly 40% of its value since the RBI curbs were announced last Wednesday.

Paytm Shares Rebound After 3 Sessions Of Pain: Is the Nightmare Over?

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Jio Financial Services shares crashed sharply on Tuesday after the company surged up around 14% on Monday.

Jio Shares Slump 8% After Denying Paytm Wallet Acquisition Rumours

Paytm wallet Jio Financial HDFC

The ban, imposed on January 31, has prompted Paytm to consider strategic alternatives, including discussions with interested parties to offload its wallet business.

Paytm In Talks To Sell Off Wallet Biz To Jio Or HDFC Amid Regulatory Heat: Report

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