Today’s top morning headlines - 18th September 2023

General
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Good afternoon,

Markets are trading in the red as of 12:30 pm, with NIFTY50 trading near 20,170 level as of 12:30 pm. Here are the top stories for the day!

:star: Adani promoters increase stake in Adani Energy Solutions
Adani Promoters increased their stake in Adani Green Energy Solutions, a renewable energy company, by 2.5%. They also bought more shares in other Adani Group companies.

:star: Windfall tax on crude oil raised
The government has hiked the windfall tax on crude oil to ₹10,000 per tonne from ₹6,700, starting from 16 September. The windfall tax on petrol remains zero.

:star: Vodafone Idea makes payment to DoT
Vodafone Idea has paid ₹1,701 crore to the Department of Telecom (DoT), after the promoter infused ₹2,000 crore. The company still owes ₹700 crore to the Telecom Department, which it has promised to pay by the end of September. The company’s total debt is ₹2.1 lakh crore.

:star: Two IPOs closing today
Today is the last day to apply for the IPOs of SAMHI Hotels, which is raising ₹1,370.10 crore, and Zaggle prepaid, which is seeking ₹392 crore. You can apply for these IPOs here.

1 Like
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Im facing a problem my order get rejected and show not a valid account 16585 kindly help

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Hi @Mahesh_Thakur,

The rejection is from the Exchange and it could be because of KYC validation pending.

Please check this article and follow the steps carefully to complete the KYC validation: What is the process to verify KYC details (email and mobile number) registered with KRA? - Upstox Help Center

Once you raise a ticket, let us know the ID and we will get in touch with you soon.

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Thaks for your support
My ticket id
ID - 7953909.
upstox id 67AFDL

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Hi @Mahesh_Thakur,

Thanks for sharing your ticket ID.

We will be looking into it.

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Dear mam still no change

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Hi @Mahesh_Thakur,

Your KYC is on hold because you did not share your KRA confirmation screenshot on the ticket. You have shared only the order rejection screenshot.

Please carefully go through this article and complete the KYC validation: What is the process to verify KYC details (email and mobile number) registered with KRA? - Upstox Help Center

You can share your new ticket ID with us after that. Thanks.

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Dear sir/ mam
Problem persist continuously

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HI @Mahesh_Thakur,

As discussed earlier, did you share your new ticket ID or screenshot of your KRA validation?

Let us know so we can take this ahead.

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Thank you for your response.