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Asset Reconstruction Company (India) Ltd (Arcil), India's second-largest ARC, is launching an IPO with existing shareholders selling a 32.57% stake. Avenue Capital Group will significantly reduce its holding, while SBI and a GIC affiliate will also offload shares. Arcil, backed by prominent banks, reported a net profit of Rs 355.31 crore for fiscal year 2025.
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India Inc's Q1 FY26 earnings season is in full swing, with 128 companies set to release their financial results this week. Key companies reporting include DLF, Adani Ports, Bharti Airtel, Lupin, and Bajaj Auto. Investors are keenly watching the performance of Trent, BSE, LIC, Sun TV Network, Titan, and Tata Motors amidst the ongoing earnings announcements.
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Indian stock markets face a crucial week. Global and domestic factors are creating pressure. These include US tariffs, a strong dollar, and foreign investor selling. Weak corporate earnings also contribute. The Reserve Bank of India's policy decision is keenly awaited. Diplomatic efforts on India-US trade are important. Investors are watching these factors for market direction.
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