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*News Update*:
TRAI Releases March Subscribers Data. In March
Airtel Added 40,55,109
VodafoneIdea added 10,88,792
While Reliance Jio added 79, 18,129 subscribers.
TRAI Releases March Subscribers Data. In March
Airtel Added 40,55,109
VodafoneIdea added 10,88,792
While Reliance Jio added 79, 18,129 subscribers.
*Are fintechs cutting the bank partner cord*?
Fintechs have always relied on their bank partners to enable them because banks have the one precious and unattainable thing that fintechs can never get their hands on: a banking license. Without this partnership “cord” that extends the bank’s charter to the fintech, many fintechs are like a cool gadget with no batteries. Regulators insisted on these partnerships because banks understand what the regulators want and fintechs supposedly don’t…until now. Some fintechs in the US are pursuing or have obtained their own banking licenses, effectively cutting their bank partner cords, and this trend is gaining traction...
Fintechs have always relied on their bank partners to enable them because banks have the one precious and unattainable thing that fintechs can never get their hands on: a banking license. Without this partnership “cord” that extends the bank’s charter to the fintech, many fintechs are like a cool gadget with no batteries. Regulators insisted on these partnerships because banks understand what the regulators want and fintechs supposedly don’t…until now. Some fintechs in the US are pursuing or have obtained their own banking licenses, effectively cutting their bank partner cords, and this trend is gaining traction...
Regulators are now warming up to the idea of granting banking licenses to fintechs because they offer innovative services that are demonstrably beneficial to consumers. Also, some fintechs are more mature now and are better equipped to comply with the heavy regulation and oversight that comes with having a banking license. What this cord-cutting means for fintechs is less dependency, higher margins, and a wider range of offerings. Banks therefore need to up their game in order to stay competitive.
Government operationalises national Helpline 155260 to combat cybercrime losses, all you need to know - https://www.moneycontrol.com/news/india/government-operationalises-national-helpline-155260-to-combat-cybercrime-losses-all-you-need-to-know-7050761.html
Moneycontrol
Government operationalises national Helpline 155260 to combat cybercrime losses, all you need to know
The Helpline155260 and its Reporting Platform has been made operational by the Indian Cyber Crime Coordination Centre (I4C) under the Ministry of Home Affairs.
IPO-bound Zomato's $100-120 million investment in Grofers enters last lap
https://www.moneycontrol.com/news/business/companies/ipo-bound-zomatos-100-120-million-investment-in-grofers-in-last-lap-7055891.html
https://www.moneycontrol.com/news/business/companies/ipo-bound-zomatos-100-120-million-investment-in-grofers-in-last-lap-7055891.html
Moneycontrol
IPO-bound Zomato's $100-120 Million Investment In Grofers Enters Last Lap
IPO-bound food delivery platform Zomato is pressing ahead with its long-held plan to purchase a stake in Grofers, its $100-120 million investment in the online grocery startup at a valuation of a billion dollars entering the last lap and an announcement imminent…
*HDFC Bank* recommended dividend of Rs. 6.50 per equity share of face value of Re.1/- each.
The record date has been fixed as June 30, 2021 for the purpose of ascertaining the entitlement of the dividend.
The record date has been fixed as June 30, 2021 for the purpose of ascertaining the entitlement of the dividend.
India's forex reserves rise $3.07 billion to lifetime high of $608.08 billion
https://www.livemint.com/economy/indias-forex-reserves-rise-3-07-billion-to-lifetime-high-of-608-08-billion-11624028052104.html
https://www.livemint.com/economy/indias-forex-reserves-rise-3-07-billion-to-lifetime-high-of-608-08-billion-11624028052104.html
mint
India's forex reserves rise $3.07 billion to lifetime high of $608.08 billion
The reserves had increased by USD 6.842 billion to USD 605.008 billion in the previous week ended June 4, 2021
U.s : St. Louis Federal Reserve President James Bullard told CNBC on Friday that he sees an initial interest rate increase happening in late-2022 as inflation picks up faster than previous forecasts had anticipated.
That estimate is even quicker than the outlook the broader Federal Open Market Committee released Wednesday that caused a hit to financial markets. The committee's median outlook was for up to two hikes in 2023, after indicating in March that saw no increases on the horizon.
That estimate is even quicker than the outlook the broader Federal Open Market Committee released Wednesday that caused a hit to financial markets. The committee's median outlook was for up to two hikes in 2023, after indicating in March that saw no increases on the horizon.
Ex-central banker warns of financial instability risks in India
https://economictimes.indiatimes.com/markets/stocks/news/ex-central-banker-warns-of-financial-instability-risks-in-india/articleshow/83635031.cms
https://economictimes.indiatimes.com/markets/stocks/news/ex-central-banker-warns-of-financial-instability-risks-in-india/articleshow/83635031.cms
The Economic Times
Ex-central banker warns of financial instability risks in India
Rakesh Mohan, who served as deputy governor of the Reserve Bank of India twice between 2002 and 2009, said loan growth has mostly been sluggish in the economy despite the RBIs recent measures to boost flow of bank credit.
Rule of land supreme, not your policy: Parliamentary panel on information technology to Twitter
https://economictimes.indiatimes.com/news/india/rule-of-land-supreme-not-your-policy-parliamentary-panel-on-information-technology-to-twitter/articleshow/83639604.cms
https://economictimes.indiatimes.com/news/india/rule-of-land-supreme-not-your-policy-parliamentary-panel-on-information-technology-to-twitter/articleshow/83639604.cms
The Economic Times
Rule of land supreme, not your policy: Parliamentary panel on information technology to Twitter
According to sources, members of the Parliamentary Panel on Information Technology also asked Twitter why it should not be fined as it has been found "violating" rules of the country.
Good Morning to all the dear members and my colleagues
In Markets every day we are witnessing consolidation in Nifty and in stocks too.
Taking position is becoming risky for Intraday and F&O. There are concerns towards which side the market will show its move
It's time now to Join Market Wizard Premium Group and also Renew your Membership to avail super gains.
All the members and colleagues who want to continue to be a part of our Premium Family or want to become a part of our Premium Family can do so , by renewing their membership.We have started accepting payment for the month of June and it will be solely on FIRST COME FIRST SERVE BASIS.
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Please don't call admins... just send your message or queries
In Markets every day we are witnessing consolidation in Nifty and in stocks too.
Taking position is becoming risky for Intraday and F&O. There are concerns towards which side the market will show its move
It's time now to Join Market Wizard Premium Group and also Renew your Membership to avail super gains.
All the members and colleagues who want to continue to be a part of our Premium Family or want to become a part of our Premium Family can do so , by renewing their membership.We have started accepting payment for the month of June and it will be solely on FIRST COME FIRST SERVE BASIS.
All those who make payment between 17th June to 23rd June, will be added on Evening of 23rd June, so that they can get benefit of 1 week extra calls.
Existing members you'll can renew your membership ASAP.
Monthly - 1k
Quarterly - 3k
Yearly - 10k
New members and existing members who make payment and send screenshots after the month end, shall have to compulsorily opt for quarterly or yearly.Monthly membership option is available only if payment is made before month end along with screenshot sent to any of the admins.
Please don't call admins... just send your message or queries
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To avail the paid services of our group , everyone needs to do the following set of activities :
1) Everyone needs to fill in the Google Forms with the correct and accueate details.The form needs to be read carefully and then give upon your consent.
2)Pay us the fees of Rs.1000 each month either through Google Pay or Bank Transfers(details of payment are attached in the Google Form)
3) Upon completion of payment , take a screenshot of the acknowledgement and send it to us.It can be sent to the admin on the following numbers on the WhatsApp or Telegram :
Jimit Parekh Sir : +91 9821722433
Darpan Solanki Sir : +91 9924832776
Divesh Jain Sir: +91 9870736813
Along with the screenshot pls give us your NAME & Mobile Number to confirm with our Google Form Records.
PLS NOTE : STRICTLY ONLY MESSAGES , NO CALLS ON THE GIVEN NUMBERS.
https://docs.google.com/forms/d/e/1FAIpQLSed5g8JiIGlttu3IUlkJwnCdEMzv-1Z_hr3ylfU55pepmCb6A/viewform?usp=sf_link
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MARKET WIZARD PREMIUM
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4️⃣Profit / loss not guaranteed.
5️⃣Those who want…
📢PLS READ IT VERY CAREFULLY BEFORE AGREEING
1️⃣No phone calls or personal message to the admins.
2️⃣No chit-chat shall be entertained in the group.
3️⃣No sure shot on any views.
4️⃣Profit / loss not guaranteed.
5️⃣Those who want…
MARKET WIZARD NEWSLETTER ISSUE 15.pdf
1.9 MB
MARKET WIZARD NEWSLETTER ISSUE 15
Fundamental Stocks 💎
▶️ Aarti Drugs Ltd
▶️ Satia Industries Ltd
▶️ Jyothy Labs Ltd
▶️ Yes Bank Ltd
Technical Stocks 📊📈
▶️ Agarind Ltd - SPECIAL PICK
▶️ Oil India Ltd
▶️ PGIL Ltd
▶️ Shreyas Ltd
TEAM MARKET WIZARD
Fundamental Stocks 💎
▶️ Aarti Drugs Ltd
▶️ Satia Industries Ltd
▶️ Jyothy Labs Ltd
▶️ Yes Bank Ltd
Technical Stocks 📊📈
▶️ Agarind Ltd - SPECIAL PICK
▶️ Oil India Ltd
▶️ PGIL Ltd
▶️ Shreyas Ltd
TEAM MARKET WIZARD