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Posted in Business

Zomato Witnesses INR 1,127 Crore Block Deal, with SoftBank Likely as the Seller

by SA TeamPosted on

Three points you will get to know in this article: Zomato, the prominent player in the food tech industry, experienced an upward momentum in its stock value during the initial trading hours this Friday, December 8th. This positive movement was fuelled by a significant block deal. In this noteworthy transaction, approximately 1.06% ownership of the company, equivalent to 9.35 crore…

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Posted in BusinessDaily Feeds

Paytm: Biggest Loser in Lacklustre Week for New-Age Tech Stocks

by SA TeamPosted on

Three points you will get to know in this article: Despite the Indian stock markets reaching record highs this week, modern tech stocks faced a mixed scenario, experiencing mostly constrained movements. Notably, a selling trend emerged across various counters. Among the 19 new-age tech stocks covered by Inc42, eleven witnessed declines ranging from 0.2% to a substantial 25% this week.…

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