General Trading Chat

Every year, the brokers do away with brokerage charges for the muhurat session and send you a mail about it.

But this year, I have not received any such mail. I suppose there will be brokerage charges for this session ?

Posting this in TSO's thread too.
 

aaru

Well-Known Member
Motabhai buys urban ladder...
He's on such a buying/selling spree that one day he will forget ki kya khareeda hai aur kya becha hai and he'll sell more than 100% in jio and buy the same startup twice... ;)
Urban Ladder bought by Reliance Retail at a valuation of 190cr.

Turnover:

FY17 - 751cr

FY18 - 7151cr

FY19 - 7434cr

Valuation:

2018: 1200cr

2019: 750cr

Now: 190cr

Stretched valuations of start ups at peak

Mota bhai and his bargain deals.
 
Some strange maths in this deal. Various numbers are thrown around.

https://www.ndtv.com/business/relia...s-majority-stake-all-you-need-to-know-2325441

"
Reliance Retail buys majority stake in e-furniture startup Urban Ladder - Here's all you need to know:
  • Reliance Retail has bought a 96 per cent majority stake in Urban Ladder for ₹ 182 crore or $24.4 million. For the past few months, Reliance was in talks with the eight-year old e-furniture marketplace Urban Ladder for acquiring stakes.
  • According to Crunchbase, a business information website, Urban Ladder, which counts Steadview Capital, Kalaari Capital, SAIF Partners, and Sequoia among its investors, had raised $114.9 million in funding.
  • Urban Ladder operates a chain of retail stores in the national capital region (NCR), Mumbai, Pune, Bengaluru, Hyderabad, and Chennai.
  • Reliance Retail Ventures Limited is a unit of Reliance Industries and has the option of buying the remaining stake. Reliance stated that it intends to invest a further ₹ 750 million by December 2023 which will take the shareholding in the company to 100 per cent.
  • Reliance Industries, owned and operated by Asia's richest man, Mukesh Ambani, is lining up investors in its retail unit after the conglomerate raised over $20 billion this year from major global investors.

"
 
This would have saved two trips to bank :(

Here are multiple options for submission of digital life certificate for pensioners
2 min read . Updated: 16 Nov 2020, 04:48 PM ISTEdited By Aparna Banerjea
  • EPS pensioners can submit DLC using the UMANG app
  • DLC can also be submitted at nation-wide network of over 3.65 lakh Common Services Centers

https://www.livemint.com/money/pers...ertificate-for-pensioners-11605523590981.html

Edit : and one more article about the Life Certificate

https://www.financialexpress.com/mo...bmission-of-digital-life-certificate/2129558/
 

sanju005ind

Investor, Option Writer
This would have saved two trips to bank :(

Here are multiple options for submission of digital life certificate for pensioners
2 min read . Updated: 16 Nov 2020, 04:48 PM ISTEdited By Aparna Banerjea
  • EPS pensioners can submit DLC using the UMANG app
  • DLC can also be submitted at nation-wide network of over 3.65 lakh Common Services Centers

https://www.livemint.com/money/pers...ertificate-for-pensioners-11605523590981.html

Edit : and one more article about the Life Certificate

https://www.financialexpress.com/mo...bmission-of-digital-life-certificate/2129558/
Most of the articles don't mention that if you want to do yourself/online you need a finger scanning device. I bought one from Amazon and did it for my mother and all the senior citizens in the family.

Edited : Mantra MF 100 finger scanner is approved by UIDAI and it works very nicely on mobile and Windows 10.
 
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Most of the articles don't that if you want to do yourself you need a finger scanning device. I bought one from Amazon and did it for my mother and all the senior citizens in the family.
Thanks for this. Will keep it in mind. This year we had to visit the banks personally.
 

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