Top 5 Biz Bytes you need to have this morning

Blockbuster earnings from Reliance and ICICI to a clearance (finally) for the mega Paytm IPO, a lot for traders to keep an eye. Here are the top stories you need to track-:

• Paytm IPO Dhamaka: Paytm starts its Diwali celebrations early, the digital payment platform finally received a nod from the Securities and Exchange Board of India (SEBI) to launch an initial public offering (IPO), through which it plans to raise Rs 16,600 crore.
• ICICI Firecracker Earnings: Country’s second-largest private lender reported record high earnings in the quarter gone by with net income up about 30%. Brokerages such as Kotak say -> Time to thump tables.. bank is scripting one of the best comebacks in financials in past decade.
• RIL's Festive Results: Mukesh Ambani-led Reliance Industries Ltd (RIL) reported consolidated net profit of Rs 13,680 crore in the September quarter (Q2), up 43 per cent from the same period last year, on improved performance across key businesses even as finance cost fell 37% on a year-on-year basis
• SEBI Sounds Alarm: The market regulator has barred investment advisors from advising on crypto, digital gold reiterating that these products are unregulated products.The SEBI statement assumes significance as the recent past has seen an exponential rise in the number of Indians trading in products like Bitcoins and other cryptocurrencies along with NFTs and digital gold.
• Petrol Packs a Punch: Brace yourself for higher prices as crude continues to trade over $85/bbl and OPEC tells members to be cautious while managing supplies.