Business
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Listed parents to flex arms on IPO Street in 2025
Subsidiary public issues enable independent capital raising, benchmark readiness and cash generation for parents via offers for sale, aiding deleveraging,…
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Sebi cancels Trafiksol IPO, orders refund of investor money
The company may approach the market afresh after the ongoing proceedings initiated by Sebi are concluded and subject to any…
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Adani companies on a stronger footing: Bernstein
The brokerage referred to a lower quantum of pledged shares, stronger debt coverage ability, and better relative valuations for some…
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Delayed spending by states may help govt save Rs 30,000 cr this FY
The Centre anticipates saving ₹30,000 crore in centrally sponsored schemes this fiscal year due to delayed state spending and improved…
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Poor start to PM Internship scheme: Candidates back out after receiving offers
The PM Internship scheme pilot faced many candidate withdrawals initially, with reasons like parent pressure. Acceptance rates have improved since.…
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Centre wants banks to push pedal on special Vostro accounts mechanism
The Indian government asks banks to identify and overcome hurdles in implementing international trade settlements in Indian rupees through special…
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Public investments in infra surpass pre-Covid level: Finmin
Public investments in infrastructure have surpassed pre-pandemic levels, hitting 5.87% of GDP in 2023-24. The investments surged to Rs 17.35…
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Long voyage time impacted trade, no container shortage: Govt to Parliament
Global trade, including Indian exports, is impacted by extended voyage times and conflicts in key regions. Despite no reported container…
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Should you start preferring Swiggy over Zomato now? Deepak Shenoy answers
Deepak Shenoy highlights Swiggy’s potential as an investment, suggesting giving it two quarters post-IPO for better evaluation. He notes Swiggy’s…
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Swiggy Q2 Results: Cons loss narrows YoY to Rs 625 crore, revenue jumps 30%
Swiggy Q2 Results: Swiggy’s food delivery business nearly doubled profitability, with adjusted EBITDA at Rs 112 crore, a 1.6% margin,…
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