PNN New Delhi [India] May 28 The Primex 40 an index tracking the performance of the top 40 Indian private companies in unlisted and delisted markets recently achieved an all-time high of 276389 growing over 236 basis points since the last record-high achieved on November 1 2021 The Primex 40 index growth was driven by key performers like Waaree Energies Limited Tata Capital Limited National Stock Exchange Hero Fincorp etc among others Launched by Wealth Wisdom India Private Limited WWIPL the Primex 40 index observed a 49 surge in the last 6 months against a 20 growth of the Nifty 500 Multicap 502525 The Primex 40 index has reportedly posted a 22 annualised return significantly outpacing its benchmark Several stocks have been instrumental in driving the Primex 40 index to record heights Waaree Energies Limited for example saw its stock price soar from 725 to 2200 a 20345 surge in just 3 quarters The company leadership position in the solar energy industry coupled with strategic investme
From a Stanford graduate to the owner of a mobile payment company in the country, Upasana Taku’s journey is a testament to her unwavering hard work and dedication.
The Reserve Bank of India (RBI) on Thursday announced that it has imposed a monetary penalty of Rs 1 crore each on two payment system operators (PSOs) One Mobikwik Systems Private Limited and Spice Money Limited for violating certain norms of the banking regulator.
The central bank explained that it has observed that One Mobikwik Systems Private Limited and Spice Money Limited had not complied with the direction issued by RBI on the net-worth requirement for Bharat Bill Payment Operating Units (BBPOUs).