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Banks are seeking higher offers for the Sahara Star Hotel's debt. Union Bank of India leads the process. JC Flowers ARC had previously offered 279 crore for the 729 crore debt. Banks aim for a minimum bid of 293 crore. The hotel is a valuable property with full security for the loans. An auction is expected soon.
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News and Media
Wall Street professionals are increasingly concerned about the rapid, massive gains in tech stocks, fueled by OpenAI's expansion and deals with companies like AMD and Oracle. These dramatic market value increases, reminiscent of the dot-com era, are raising fears of an unhealthy bubble and a potential market crash.
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News and Media
According to IPO market watchers, Tata Capital's grey market premium stood at 5 apiece, or 1.5%, over the upper end of its price band of 326 on Tuesday evening. LG shares were at 27.4%, or 312 premium to the upper end of the issue price of 1,140.
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News and Media
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