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Domestic institutional investors' stock purchases in February dropped to their lowest since April 2025, with inflows cut by over half compared to the last six months. This decline is attributed to lackluster market returns over 18 months and a shift in investor interest towards outperforming precious metals like gold and silver.
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News and Media
Vishal Mega Mart's promoter, Samayat Services LLP, is set to sell a 6.5% stake through a block deal at Rs 115 per share, a 10% discount to the current market price. This move comes as the company reported a 19% rise in net profit for the December quarter.
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News and Media
An early agenda item for Tata Sons Pvt.s six board directors when they convened at 11:30 a.m. on Tuesday at Bombay House the groups storied headquarters was expected to be straightforward: approving a third term for Natarajan Chandrasekaran as chairman.
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News and Media
Public sector banks are showing resilience in their loan-to-deposit ratios, with a significant gap compared to private peers. Despite concerns, PSU banks are leading credit growth and demonstrating improved asset quality and return on equity, suggesting a positive near-term outlook.
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News and Media
Biocon CEO Siddharth Mittal outlines the company's strategy in the competitive GLP-1 market. Focusing on liraglutide's launch in the US and Europe, he highlights opportunities in emerging markets. While semaglutide is a longer-term play, Biocon is actively filing for approvals, anticipating launches in 2027.
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News and Media
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