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Sebi asks banks to transfer money available in accounts of PACL's 640 group entities to it


: Friday, May 28, 2021, 7:33 PM IST
Sebi asks banks to transfer money available in accounts of PACL s 640 group entities to it
Sebi has ordered banks to transfer to its account all the money available in the bank accounts of 640 group entities of PACL Ltd by Wednesday.
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In a bid to recover investors money, Sebi has ordered banks to transfer to its account all the money available in the bank accounts of 640 group entities of PACL Ltd by Wednesday.
The markets regulator in September 2016 had ordered freezing of bank accounts as well as demat and mutual fund holdings of these entities. ....

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Reading Time: 3 mins read
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Bitcoin’s price has stayed above the $50,000 mark for some time now, expected only to soar higher. In courtesy of their futuristic vision, early adopters are now basking in their fortune. Simultaneously, the number of crypto enthusiasts is steadily rising at the global level. Individuals and enterprises alike are increasingly buying into cryptocurrencies, hoping to leverage the industry’s exponential boom. ....

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EML Acquires Sentenial Group & Enters The Open Banking Market In Europe


EML Acquires Sentenial Group & Enters The Open Banking Market In Europe
Sentenial Limited and its wholly-owned subsidiaries
(“Sentenial”),
and its Open Banking brand Nuapay, have been an early mover in the emerging Open Banking and Account-2-Account
(“A2A”) payments sector in Europe. The acquisition broadens the EML product suite and positions EML to be able to take advantage of rapid scale growth in the Open Banking sector in Europe and to expand the capability across all regions.
BRISBANE, Australia (BUSINESS WIRE)
EML Payments Limited (ASX: EML) (S&P/ASX 200) has entered into a binding agreement to acquire 100% of Sentenial for an upfront enterprise value of €70 million (A$108.6 million), plus an earn-out component of up to €40 million (A$62.1 million). ....

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