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Daily Money Show 854 - Adani Ports Global Plan and SEBI Paytm Warning
Original: #854 Daily Money Show | Money Purse Stock Market News
Takeaway
Adani Ports doubling international volumes is the bull case, but SEBI warning on Paytm is a fresh governance concern.
Summary
- Sensex +51 to 80,716, Nifty +26 to 24,613; midcap, smallcap, Bank Nifty essentially flat
- Warning on scam SMS impersonating Reliance Jio free recharge using Ambani wedding theme - delete the message, do not click links
- Adani Ports MD Karan Adani plans to double international traffic share (5% to ~10%) by 2030 and double Indian volumes in 5 years
- SEBI issued administrative warning to Paytm for FY21-22 related-party transactions (Rs 324 cr and Rs 36 cr) done without prior audit committee/shareholder approval; GRSE got Rs 840 cr ocean research vessel order; Shakti Pumps Rs 33 cr PM-KUSUM solar pump order
Adani PortsPaytmSEBI
Original description
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