BUSINESS

Karan Johar renews lease of two trading premises on behalf of Dharma Productions

Leave a Comment / BUSINESS, Real estate /

Karan Johar, a Bollywood screenwriter, director and producer, has revived the lease of two commercial properties owned by Dharma Productions by renting Rs 17.56 lakh and Rs 6.15 per month respectively, registration documents obtained by Zapkey.com said. Vacation and license agreements were registered on August 25, 2021. Dharma Productions Pvt Ltd is an Indian film …

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ANMI seeks extension of timeline for compliance filing by brokers

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The Stock Brokers Association ANMI said on April 27 that it requested authorities to extend the deadline to the mandatory compliance requirements of the broking industry by July 31, 2021, or until the lockout continues in various states. The association has requested members of the National Exchange of India (ANMI), which includes 900 stockbrokers as …

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Bitcoin

Bitcoin Hits 2-Week High 

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Bitcoin hit a two-week high on Saturday, extending strong gains from the previous session as cryptocurrencies benefited from a pick-up in risk appetite and a rally in stock markets. Mimicking the stock market, Bitcoin hit a two-week high on Saturday, extending strong gains from the previous session. The world’s largest cryptocurrency hit $41,983 (approximately 31.33,700 …

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The US Fed warns of ‘significant damage’ if senators allow debt default

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The chairman of the US Fed Reserve has urged lawmakers to raise the national emergency limit on Wednesday, warning that failing to pay off government debt would cause “significant damage” to the economy. “It’s very important that the debt is raised on time so that the United States can pay its debts on time,” Jerome …

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The second wave of COVID-19 will have a significant impact on the quality of vehicle supplier goods : Ind-Ra Study

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India Ratings and Research (Ind-Ra) on May 25 said the second wave of COVID-19 would have a significant impact on the quality of car owners’ assets as borrowers face reduced energy consumption and increased operating costs due to rising fuel prices. Adding more, Ind-Ra said the situation would reduce their ability to pay off debt. …

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IBA submits RBI seeking license to set up Rs 6,000-crore NARCL; permission is possible in the next few weeks

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The Indian Banks’ Association (IBA) has submitted its application to the Reserve Bank of India (RBI) seeking a license to establish Rs 6,000-crore National Asset Reconstruction Company Ltd (NARCL) or a bad bank, according to sources. NARCL was filed last month in Mumbai following registration with the Registrar of Companies (RoC). According to sources, the …

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SoftBank’s Investments in SaaS companies, Whatfix, a value that jumped out of 3 times, in excess of $500 million.

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The software company is Whatfix, said on June 8 that it participated in the $ 90-million funding round led by the SoftBank Vision Fund 2 continues, as the Japanese investor’s recent tumultuous engagement with India, the young start-ups. Among the sponsors of the Eight Roads Ventures, and Sequoia Capital India, Dragoneer Investment Group, F-Prime Capital, …

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Mutual Funds turn net consumers; invest Rs 2,476 cr in March

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The joint venture invested Rs 2,476 crore in equities in March, making it the first such offer in ten months, as market integration provided investment opportunities for financial managers. Kaushlendra Singh Sengar, founder and CEO of INVEST19, said revenue generation (MFs) income would dry up soon. Prior to the cash flow, mutual funds (MFs) had …

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In March gold imports increased by 471% to record 160 tons as price adjustments attract consumers

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India’s gold imports in March rose 471% from a record high last year to 160 records, a government source told Reuters on Thursday, as lower tariffs and higher price adjustments attract buyers and sellers of jewelry. The world’s second-largest consumer imports could support gold prices, adjusting about 17% from a high of $ 2,072 by …

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