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India is #5
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Paytm : Confusing Clarification
BSE had asked Paytm for a clarification of its price movement.
Paytm clarified as follows:
But the clarification omits the fact that Paytm had given a monthly update on 14 Feb, 2022.
The clarification also omits the monthly update a few days back also on 15 March, 2022 which mentioned about RBI’s action against Paytm Payments Bank.
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Linkfest: 23 March, 2022
Some stuff I am reading today morning:
Fertilizer prices are at record highs (CNBC)
Oil rises towards $116 (FE)
Maharashtra builders threaten to stop work (FPJ)
I-T department searches Hiranandani Group (MC)
Costs of EVs to be at par with petrol vehicles (BS)
SpiceJet: A tale of bad faith (Fortune)
Thread: Investing in Cyclicals (Jiten Parmar)
How to do business analysis of chemical cos (Dr Vijay Malik)
More market pain for growthsters (BVI)
Silicon Valley’s richest Russian (Business Week)
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Achyut: HR Promise
Source: Draft Prospectus of Achyut Healthcare Ltd
Amusing to see a prospectus with around a lakh in employee expenses.
Also interesting to note their HR promise.
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Zomato: Tall Order
Source: Zomato Blog
