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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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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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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.
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