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New worries about the state of the global economy, according to economists, have impacted investor enthusiasm.

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IT stock weigh down the most and sheds 390 points.

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Shivalik Bimetal Controls rose 5.99% to Rs 540.80 after the company said its board will consider a bonus share issue on 29 August 2022.

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This contract will be completed over the next 18-24 months.

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The regulatory filings state that because the business model "has not succeeded," the company "has not been able to produce sufficient cash flow from operations or obtain fresh capital and, as a result, is unable to make its various payment commitments and has ceased to be a going concern"

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These individuals spoke on the condition of anonymity because the talks around the acquisition of Rivigo are still in the early stages and may or may not result in a deal.

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Also, the operations at the Company's Paradeep Unit in Odisha has been temporarily shut-down for maintenance work from August 20, 2022.

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Lemon Tree Hotels rose 1.19% to Rs 68.30 after the company signed a licence agreement for a 65-room hotel at Hubli, Karnataka under its brand Lemon Tree Hotels.

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Matrimony.com Ltd has lost 8.92% over last one month compared to 3.06% gain in S&P BSE IT Sector index and 4.83% rise in the SENSEX

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