Yesterday’s big news was related to Zomato. Online food delivery company Zomato is going to buy the movie ticketing service and event business of fintech firm Paytm. According to media reports, the talks of this deal between the two companies are in the final stage. Zomato will have to pay Rs 1,500 crore to Paytm for this deal. At the same time, the combined market capitalization of 5 of the top-10 companies of the country has increased by Rs 85,582 crore in last week’s trading. LIC has made the most profit among these. Its market cap increased by ₹ 46,425 crore to 6.74 lakh crore. Before tomorrow’s big news, today’s major events, which will be watched… Now read tomorrow’s big news… 1. Zomato will buy Paytm’s movie ticketing and event business: Deal will be done for ₹ 1,500 crore, in 2022 Blinkit was bought for ₹ 4,447 crore Online food delivery company Zomato is going to buy the movie ticketing service and event business of fintech firm Paytm. According to media reports, the talks of this deal between the two companies are in the final stage. Zomato will have to pay Rs 1,500 crore to Paytm for this deal. Through this deal with Paytm, Zomato wants to meet consumer demand in categories like food and grocery as well as entertainment. If the deal is finalized, it will be the second largest buyout for Zomato. Click here to read the full news… 2. Market-cap of 5 out of top-10 companies increased by ₹ 85,582 crore: LIC made the highest profit, its value increased by ₹ 46 thousand crores to 6.74 lakh crores In last week’s trading, the combined market capitalization of 5 out of the top-10 companies of the country has increased by Rs 85,582 crore. Among these, LIC has made the most profit. Its market cap increased by ₹ 46,425 crores to 6.74 lakh crores. After LIC, HDFC Bank made the highest profit. HDFC Bank’s market cap increased by ₹ 18,639 crores to ₹ 12.14 lakh crores. Reliance Industries’ market cap increased by ₹ 10,216 crores to ₹ 19.98 lakh crores. Apart from this, the market cap of SBI and Bharti Airtel has also increased. Click here to read the full news… 3. Stock market expected to rise next week: From domestic economic data, BoE meeting to FII-DII flow; these factors will decide the market’s movement. The stock market may see a rise next week. The market will keep an eye on domestic economic data, BOE meeting, global economic data, FII-DII flow and upcoming IPOs. However, the market will be closed on the first day of the trading week i.e. Monday (17 June) due to Bakri Eid holiday. Here we are telling about such factors, which will decide the market movement in the next business week starting from 18th June… Click here to read the full news… 4. Three IPOs will open next week: Opportunity to invest in DEE Development Engineers, Acme Fintrade India and Stanley Lifestyles Next week, 3 Initial Public Offers i.e. IPOs will open for listing in the stock market. These include DEE Development Engineers Limited, Acme Fintrade India Limited and Stanley Lifestyles Limited. Let us know about the IPOs of these three companies one by one. Click here to read the full news… 5. Give a special gift to your father on Father’s Day: 15 types of gadgets will help in everyday tasks, will also take care of his health Today is Father’s Day and if you want to gift some special gadgets to your father on this day, which do not remain locked in the cupboard but can be useful for him daily, as well as take care of his health or can help him as his personal assistant. If your father is fond of music, then he can be gifted a Saregama Caravan, portable speaker or neckband. If he is health conscious, then fitness band, smartwatch or BP monitor can be a good option for gift. Click here to read the full news… Also see who were the top 10 richest people in the world yesterday… The market was closed yesterday on Saturday and Sunday, so know the status of Friday’s stock market and gold-silver… Know the latest price of petrol-diesel and gas cylinder…
