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Jindal Saw shares: On Monday, June 9, Jindal Saw announced that its board had approved three overseas investments totaling up to $118 million, as part of its strategy to expand its presence in the iron and steel industry across the region.
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News and Media
United Spirits shares: According to the report, Diageo is considering several options regarding its stake in the prominent cricket franchise, which it holds via United Spirits. The British liquor major is said to be in talks with advisers to assess the possibility of selling either a partial or complete stake in RCB.
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News and Media
The Wealth Company Asset Management, part of Pantomath Group, plans to launch Bharat Bhumi Fund. The fund will be worth Rs 2,000 crore. It will target the real estate sector. Rakesh Kumar and Bhavya Bagrecha will lead the fund. Peter Sharp joins as advisor. The fund will invest in data centers, warehousing, and residential projects.
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News and Media
Coforge shares: The brokerage expressed continued confidence in Coforges strong growth potential and margin improvement. It also highlighted the companys optimistic management outlook, noting the absence of macroeconomic challenges that have affected other firms in the sector.
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News and Media
Chinas deflation pressures are shifting consumer habits, with luxury buyers like Mandy Li opting for heavily discounted second-hand goods amid wage cuts and property losses. The booming resale market faces intense competition and deep discounts, reflecting wider economic struggles and rising concerns about sustained deflation and business closures.
Category:
News and Media
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