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Jan 16, 2025 | 
topnews.in | Karan Kapoor
PAYTM share price jumped over 7 percent in early trades after upgrade from Emkay Research Team. PAYTM rarely receives ratings from research houses, mainly due to its highly volatile price action. The stock has been driven mainly by news during the last one year. PAYTM opened at Rs 879 and touched an intraday high at Rs 926. The stock was trading at Rs 905 at the time of publication of this report.
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Dec 16, 2024 | 
topnews.in | Karan Kapoor
Aurobindo Pharma shares opened at Rs 1,225 and touched a high of Rs 1,247.30, reflecting its robust market presence. The stock has given a positive breakout on daily technical charts and can offer bullish momentum to short term traders. With a market capitalization of Rs 723.33 billion, a P/E ratio of 20.32, and a 52-week range of Rs 958.50 to Rs 1,592, the company demonstrates solid fundamentals.
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Nov 23, 2024 | 
topnews.in | Karan Kapoor
India's digital sports ecosystem is witnessing a revolution, and at the heart of this transformation is Dream11—a platform that has transformed casual sports fans into strategic managers, redefining how Indians engage with their favorite games. The fantasy sports platform has bridged the gap between real-world sporting action and virtual participation, capturing the imagination of millions.
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Nov 11, 2024 | 
topnews.in | Karan Kapoor
France’s National Gaming Authority (ANJ) is reportedly considering a ban on cryptocurrency-based prediction platform Polymarket following a substantial win by a French user during the 2024 U.S. presidential election. This move signals increased regulatory attention to decentralized prediction markets, which offer high-stakes wagering on political events. Here’s an analysis of the case, the potential regulatory actions, and the complexities surrounding Polymarket’s operation in France.
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Oct 16, 2024 | 
topnews.in | Karan Kapoor
Motilal Oswal has reiterated its BUY recommendation for Dabur India with an upside potential of 23%, setting a revised target price of Rs. 700. Despite challenges in Q2FY25, the company remains well-positioned for recovery in the second half of the year, especially driven by the improving rural economy and steady growth across emerging channels such as e-commerce and modern trade.
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Oct 5, 2024 | 
topnews.in | Karan Kapoor
Swiggy, one of India's leading food tech platforms, has unveiled its Bolt initiative, a rapid 10-minute delivery service for meals and beverages. This service, designed to cater to customers seeking speed and convenience, is currently live in six major cities across India: Hyderabad, Mumbai, Delhi, Pune, Chennai, and Bangalore. With plans to expand further, Bolt delivers select items from restaurants within a 2 km radius, offering a carefully curated menu focused on quick preparation.
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Sep 6, 2024 | 
topnews.in | Karan Kapoor
FTSE 100 benchmark closed lower on Friday as the selling pressure in global markets continued. Concerns over the health of the U.S. economy, particularly after weaker-than-expected jobs data, have rattled global markets, leading to declines in major indices, including London’s FTSE 100. The index dropped by 60 points or 0.72%, primarily dragged down by losses in the mining and banking sectors.
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Sep 3, 2024 | 
topnews.in | Karan Kapoor
Venezuelan President Nicolas Maduro has indicated a potential shift back towards a crypto-friendly approach, following the fallout from the PDVSA-Crypto scandal, which led to the loss of $20 billion in unreported oil sales paid in cryptocurrency. Maduro's remarks suggest a renewed focus on integrating cryptocurrency into the national economy, although no specifics were provided regarding the revival of the country's official cryptocurrency, the petro.
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Aug 27, 2024 | 
topnews.in | Karan Kapoor
Nasdaq has filed a proposal with the U.S. Securities and Exchange Commission (SEC) to introduce Bitcoin Index Options, aiming to provide sophisticated tools for institutional and retail investors in the cryptocurrency market. These options, pending regulatory approval, will offer European-style exercise and cash settlement features, tracking bitcoin prices using the CME CF Bitcoin Real-Time Index (BRTI).
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Jul 22, 2024 | 
topnews.in | Karan Kapoor
Fisker Incorporated, the American electric automobile company facing bankruptcy, has suffered yet another setback as it has to massive recall affecting each and every single Ocean EV that it sold in the United States in the past few years. Marking the second such recall within a month, the latest recall involves a defect in the EV’s Local Interconnect Network 6 (LIN6) that can cause the High Voltage Battery Management System (BMS) to enter limp mode, severely limiting the vehicle’s power output.
