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Business

DMI Group acquires troubled fintech startup ZestMoney

New Delhi, Jan 18 (IANS) The DMI Group has acquired the homegrown digital EMI financing platform ZestMoney (Zest) for an undisclosed sum, the company announced on Thursday. This development comes after the startup's new leadership informed the employees about the decision to shut down operations by the end of December, 2023.DMI Finance, the NBFC…
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Business

NHPC shares down more than 4% on offer for sale by govt

New Delhi, Jan 18 (IANS) NHPC shares fell more than 4 per cent on Thursday after the central government announced an offer for sale of the company’s shares.NHPC was trading at Rs 69.80 down 4.4 per cent on BSE.The President of India, acting…
Business

Many weak small and mid-cap stocks in bubble zone

New Delhi, Jan 18 (IANS) Mid-cap and Small-cap stocks in general have become more expensive after the recent runup. Many weak (low growth plus low quality) mid-caps and small-caps are in bubble zone and caution is advised, says Vinay…