Business

Paytm shares dip 1% as Antfin plans to sell its 5.84% stake worth Rs 3,803 crore via block deal. Citi and Goldman likely to be placement agents. Source

India Business News: The Promotion and Regulation of Online Gaming Bill, 2025, has been introduced in the Lok Sabha, aiming to regulate online gaming by banning real-money Source

This assumes significance as US President Donald Trump has continued to announce fresh tariffs on countries despite the US having trade deals with some of them, such as Canada and Mexico. Source

The HSBC India Services PMI, compiled by S&P Global, inched up to 60.5 in July from 60.4 in June, confounding a preliminary estimate that showed a drop to 59.8. Source

India Business News: India’s electronics exports surged to $38.57 billion in FY 2024-25, a 32.47% increase, driven by non-smartphone sectors like solar panels and telecom Source

WeWork India’s IPO plans have gained fresh momentum as SEBI removes its DRHP from the abeyance list and begins re-evaluation. Embassy Group Chairman Jitu Virwani confirmed the IPO is back on track, calling co-working “the way forward.” The offer is expected to be a pure OFS of 4.4 crore shares. Source

Aditya Infotech (CP Plus) IPO Listing: The stock lists at Rs 1,015 apiece on the NSE, which is a premium of 50.37% over the IPO issue price of Rs 675. Source

India Business News: Starting November 1, 2024, Indian Railways has shortened the advance ticket booking window to 60 days, intensifying competition for seats during the f Source

Special Secretary in the Department of Commerce Rajesh Agrawal said that the 10th and 11th rounds of talks are likely to be held in August here and in October in Malaysia. Source

The Modi government is discussing the 8th Central Pay Commission, with a new fitment factor of 1.92 to 2.86, to determine salary hikes for central government employees. Source