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Monday, 24 February 2020

Stock Market News, Dream 11, IRCTC, SBI Cards IPO, Air India, PAN Card

Dream 11, IRCTC, SBI Cards IPO, Air India, PAN Card, Stock Market News

Stock Market News, Dream 11, IRCTC, SBI Cards IPO, Air India, PAN Card
Stock Market News


Private equity firm and the big investor will buy a large stake in the fantasy sports platform Dream 11

Several private equity firms and big investors are in talks to buy a major stake in Mumbai's online fantasy sports platform Dream 11. After this deal, the valuation of Dream 11 is being put at around $ 2.25 billion. Investors who have shown interest in buying stakes include private equity firm Criscapital and Facebook's co-founder Eduardo Saverin's investor unit B Capital Group.


IRCTC's share price continues to rise

The share price of IRCTC is continuously increasing. This year the stock has risen about 92%. Let me tell you that in October the shares of Indian Railway Catering and Tourism Corporation i.e. IRCTC was listed on the NSE at Rs 626. Since then, its share price has already tripled.


SBI Cards IPO in the first week of March

SBI Cards IPO is coming in the first week of March. Investors are expecting good returns from this IPO. The stock of SBI Cards and Payments Services, which is bringing an IPO, is trading in the grey market at a premium of 200 to 250 rupees. In simple words, the price band of the IPO is expected to be 690 to 710 rupees per share. The first government com an IRCTC also received the same premium in the grey market. Let us tell you that since the IPO, the stock of IRCTC has given almost 100% returns.


Air India is currently postponing all flights to China due to coronavirus

Air India has currently decided to postpone all flights to China due to the Coronavirus. According to Air India's Decision, all flights to China will remain to Postpone until June 20. Earlier, Air India had taken the decision to cancel all flights to China by 28 March. Let us tell you that earlier Air India had taken the decision to cancel all flights to China by 28 March but now this time has been extended to 20 June.


PAN Card is not a document to certify citizenship of a person

The Gauhati High Court has said in one of its decisions that PAN cards are not a document to certify citizenship of a person. The court gave this decision while dismissing the petition of a woman. PAN card is with every taxpayer in the country but where it is used. Very few people know about it. Let us tell you that PAN Card is used for filing income tax returns, buying or selling a vehicle, investing, depositing insurance premiums, buying and selling property.

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