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Новости за 04.07.2024

How Sebi action will impact profits of discount stock broking firms like Zerodha and Groww

Economictimes.indiatimes.com 

Market regulator Sebi mandated in its July 1 circular uniform brokerage charges that are not based on volumes. Due to this, tech-first brokers are staring at impact on valuations. Platforms like Shoonya and Mstock charge zero brokerage fees, and they are bracing for impact from Sebi's instructions. Venture fund-backed startups like Groww, Upstox, Zerodha and listed discount broker Angel One will also have to start charging their customers.

ONDC to add banks, fintechs to take credit services to last mile

Economictimes.indiatimes.com 

The homegrown Open Network for Digital Commerce (ONDC) will soon integrate banks such as HDFC Bank, IDFC First Bank and Karnataka Bank, alongside fintech companies like Fibe, sources told us. This comes as the network began early pilots for credit disbursal through its platform, by partnering with Tata Group superapp Tata Neu and Paisabazaar.

Telecom tariff hike: Govt, regulator won't intervene in matter

Economictimes.indiatimes.com 

The government and the telecom regulator do not plan to intervene in telecom companies' decisions to raise prices, stating that tariffs in India remain among the lowest globally. Authorities, however, want the companies to enhance the quality of services.

Social media companies list out worries as Centre readies data protection law

Economictimes.indiatimes.com 

Social media platforms have said that undoing behavioural tracking of children and targeted advertisements are among the biggest concerns they have with the new data law the government is prepping. The companies are voicing their concerns as rules of the Digital Personal Data Protection (DPDP) Act will be released soon.

Waiting for a wonder drug? The weight just got longer

Economictimes.indiatimes.com 

Eli Lilly awaits India's approval to sell Tirzepatide, marketed as Mounjaro and Zepbound in the US. CEO David Ricks plans to launch the drug in India in 2025, pending supply. The SEC recommends approval for pre-filled pens and vials, contingent on a phase-IV trial. The Drug Controller General of India will finalize the decision.



Banks in a bind over Trai mandate on digital consent

Economictimes.indiatimes.com 

Banks are grappling with new regulations from the Telecom Regulatory Authority of India (Trai) requiring digital consent for commercial communication. This has prompted lenders to seek government clarity on whether consent is needed for sharing transaction details, as per Reserve Bank of India guidelines. The move aims to combat cyber fraud, with banks also requesting special prefixes for customer calls following last month's finance ministry directive.

Stock Radar: Wipro eyeing a breakout above February 52-week high; time to buy?

Economictimes.indiatimes.com 

Wipro hit an all-time high of Rs 739 on October 14, 2021, but the rally lost steam immediately after. Nearly three years later, it rallied to a 52-week high of Rs 546 on February 19, 2024. Since then, the stock has been facing a price correction. However, it has bounced back after retesting the 200-week Exponential Moving Average on the weekly charts.

4th of July sales: Products you should buy and avoid, a complete guide

Economictimes.indiatimes.com 

The 4th of July is a festive occasion for all US residents as it is on this day the US Independence Day is celebrated. Since the festivities begin on this day, there come along some amazing offers and sales deals for shopaholics on different shopping platforms.

The Critic: Watch trailer and check out release date, cast and creative team

Economictimes.indiatimes.com 

The Critic follows theater critic Jimmy Erskine, played by Ian McKellen, navigating deceit, treachery, and fascism in 1930s London. Co-starring Gemma Arterton and Mark Strong, the film builds to a dramatic conclusion. Directed by Anand Tucker, it premieres on September 13, 2024.


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