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paytm: Paytm says RBI diktat may lead to Rs 500-crore hit on annual earnings

Paytm expects a hit on its Ebitda after the Reserve Bank of India halted its banking business. Paytm will continue its merchant payment business through third-party banks and its offline merchant payment network offerings. ....

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BL Agro to invest Rs 500 cr in Telangana to set up manufacturing plant

BL Agro plans to invest Rs 500 crore in Telangana and has signed an initial pact with the state government to set up a manufacturing plant to make various food products. The company said in a statement that it has signed a memorandum of understanding (MoU) with Telangana Chief Minister Anumula Revanth Reddy to set up a manufacturing unit in the state. ....

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