Sunday all stocks update

1. INFO EDGE: Company has invested an amount of about Rs.86 Crores in Startup Internet Services Ltd., wholly owned subsidiary of the Company.

Info Edge Informs that the Company has invested an amount of about Rs.14 Crores in Zwayam Digital Pvt. Ltd., wholly owned subsidiary of the Company

Do note : Zwayam is engaged in the business of providing SaaS based sourcing and screening recruitment solutions and providing end-to-end recruitment solutions with configurable plug and play modules.

2.PNB customers' data exposed for seven months due to server vulnerability: Report

3. Apparel, textiles and footwear are set to become costlier as the Central Board of Indirect Taxes and Customs(CBIC) has notified an increase in their GST rate from 5% to 12% the increased GST rate will be effective from January 1, 2022 However, GST rates on certain synthetic fibres and yam have been lowered to 12% from 18% making rates uniform.

4.Cabinet to take up withdrawal of three farm laws for approval on Wednesday

5. Modi govt likely to withdraw 100 existing laws (archaic), which do not fit country's current situation along with promised 3 Farm Laws in next Parliament session : Minister of state for Law.

Expect Positive/Negative Movement in the Market, if any Economic Laws are repealed.

6.After Reliance - Saudi Aramco called off proposed investment deal, Aramco says it will continue looking for investment opportunities in India. (Very Negative)

7. HFCL:COMPANY, ALONG WITH ITS SUBSIDIARY, HTL LIMITED, HAS RECEIVED THE PURCHASE ORDERS ("PO") AGGREGATING TO RS.412 CRORES, FROM ONE OF THE LEADING PRIVATE TELECOM OPERATORS OF THE COUNTRY FOR SUPPLY OF OPTICAL FIBRE

Very Positive 🚀