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Indiamart moves HC, seeks exemption from TRAI directive on pesky messages

Indiamart moves HC, seeks exemption from TRAI directive on pesky messages SECTIONS Share Synopsis The High Court, on Monday, did not issue any interim direction and allowed Telecom Regulatory Authority of India (Trai) time till April 30 to file its response. Agencies Indiamart currently has 6 million suppliers registered on its platform. “As of March 31,2020, 107 million users visited our platform to access the storefronts of 6.1 million Indian suppliers, which lists 68 million products and services across 54 industries,” it said. Online B2B marketplace Indiamart Intermesh Ltd. has sought exemption from the telecom regulator’s directive on controlling spam SMSes on the grounds that the entity is engaged in both commercial and non-commercial communication over its platform which is not clearly defined.

Reliance Power Ltd leads losers in A group

Chambal Fertilisers & Chemicals Ltd, Indiamart Intermesh Ltd, Pricol Ltd and Central Bank of India are among the other losers in the BSE s A group today, 02 March 2021. Chambal Fertilisers & Chemicals Ltd, Indiamart Intermesh Ltd, Pricol Ltd and Central Bank of India are among the other losers in the BSE s A group today, 02 March 2021. Reliance Power Ltd lost 3.77% to Rs 4.34 at 14:48 IST.The stock was the biggest loser in the BSE s A group.On the BSE, 483.94 lakh shares were traded on the counter so far as against the average daily volumes of 115.79 lakh shares in the past one month. Chambal Fertilisers & Chemicals Ltd crashed 3.59% to Rs 248.7. The stock was the second biggest loser in A group.On the BSE, 82224 shares were traded on the counter so far as against the average daily volumes of 1.19 lakh shares in the past one month.

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