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RBI contemplating pilot launch of digital currency in near future: Deputy governor
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What to keep in mind when buying Foreign stocks and how to
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Binance-owned Indian exchange WazirX under investigation for violating currency laws
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Lenskart gets fuel for overseas boost
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Lenskart has just raised $220 million from Temasek and Falcon Edge Capital, and plans to tap the funds’ expertise in Southeast Asia and the Middle East to fuel its ambitions in those markets.
Also in this letter:
ED notice raises concerns about crypto in India
UPI, RuPay may soon go global
Lenskart closes $220 million from Temasek, Falcon Edge
Lenskart founder Peyush Bansal
Lenskart has closed a $220 million funding round led by Singapore s sovereign wealth fund Temasek and Falcon Edge Capital, the company’s founder and chief executive Peyush Bansal told us.
Domestic equity indices look set to see a gap-down start, tracking weakness across Asian markets amid concerns over rising cases of Covid’s Delta variant. All eyes will be on the listing of GR Infra and Clean Science. Investors may also react to HDFC Bank s Q1 results and await quarterly earnings from HCL Tech and ACC, scheduled for today. Here s breaking down the pre-market actions:
STATE OF THE MARKETS
Nifty futures on Singapore Exchange traded 238 points, or 1.49 per cent, lower at 15,698.50, signaling that Dalal Street was headed for a negative start on Monday.
Tech View: Nifty50 on Friday hit an all-time high of 15,962 but settled flat. Analysts took heart in the fact that the index managed to stay above the 15,900 level.