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Paytm Gets SEBI's Approval To Become A Registered Investment Advisor et al

Professor of Financial Economics and Part-time Value Investor, Transfin.
Mar 7, 2018 12:45 PM 1 min read
Editorial

End of Day Wrap-up (Wednesday / March 07, 2018) #Paytm #SEBI #Forbes #JeffBezos #AirIndia #Pharmaceuticals #Aadhaar #tariffs #Transfin

Editor's comment: Paytm gets SEBI approval to become a registered investment advisor - to launch 1st investment and wealth management product (Paytm Money) by Apr 2018 in collaboration with 43 AMCs.

 

Forbes 2018 Billionaire list out - Jeff Bezos tops the list. India's Mukesh Ambani at 19th with net worth of $40.1bn vs. 33rd position in 2017.

 

Air India disposal reportedly to start with the airline arm to be first up for sale. Other segments include Alliance Air, engineering units, ground handling, and Air India Express + AI-SATS.

 

Pharmaceutical pricing regulator (NPPA) discover syringes and needles sold at as much as 1,000% margins.

 

Govt may consider extending Aadhaar linking deadline beyond March 31st if required. Extending the deadline would be subject to speed of resolution of petitions against the Aadhaar law ongoing in the Supreme Court.

 

White House Economic Advisor Gary Cohn resigns after losing a heated battle with President Trump over tariffs. Mr. Cohn also headed the National Economic Council and his departure resulted in muted market performance.