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Sagility BV Raises ₹366 Crore Pre-IPO by Selling Stake in Sagility India to Institutional Investors

Sagility BV, a subsidiary of EQT Private Capital Asia, recently raised ₹366 crore by selling a 2.61% stake in Sagility India to nine institutional investors ahead of its upcoming IPO. According to a...

Germany’s Economic Slowdown and Its Impact on Indian Industries.

Germany is teetering on the edge of recession, with its economy barely growing at 0.02%. The IMF has cut its forecast for Germany’s economic growth for both this year and the next. Volkswagen, one of...

Adani Power Reduces Electricity Supply to Bangladesh Over Unpaid Dues

NSE: ADANIPOWER: Rs.596.90 at 1 Nov, 7:00 pm IST On October 31st, Adani Power Jharkhand Limited (APJL), a subsidiary of the Adani Group, cut its electricity supply to Bangladesh by more than half due...

Why Fintech is Betting Big on Digital Gold This Diwali?

10g of 24k gold (99.9%) in Mumbai is  Rs. 81,690.00 Indian Rupee  on 31 Oct, 6:05 pm IST  Fintech companies are seizing the Diwali season to boost digital gold offerings for multiple reasons: Cultural...

Why is the NIFTY IT Index down by 3.03% today?

NIFTY IT: 40,407.55 (-3.03%) The IT index plays a significant role in the Nifty 50 index, as it includes several major technology companies that contribute heavily to Nifty’s overall...

IRFC share price zoom 8% today

NSE: IRFC :Rs.154.78 (7.84%) at 2:38pm IST Incorporated in 1986, Indian Railway Finance Corporation borrows funds from the financial markets to finance the acquisition / creation of assets which are...

Indian Oil Corporation dealer margin increase

On October 29, 2024, during the Dhanteras festival, Oil Marketing Companies (OMCs), including Indian Oil Corporation, announced an increase in dealer commissions for petrol pump operators, effective...

Tata Power and IndusInd Bank Partner to Empower Small Businesses with Solar Financing

Tata Power Renewable Energy Ltd. (TPREL) has partnered with IndusInd Bank to provide financing for Micro and Small Enterprises (MSEs) interested in adopting solar power systems. This collaboration...

Why auto shares are decling in Festive season 2024

Currently festive season is going on dashera gone and diwali is staring still why auto shares are day by day decling lets find out the and discuss in this article. The festive season in India brings a...