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Moody's Ratings has upgraded the outlook for three Adani Group companies to stable. Adani Ports, Adani Transmission Step-One, and Adani Electricity Mumbai now have a stable outlook. This reflects improved liquidity and strong financial profiles. The companies are expected to maintain sufficient liquidity for operations and debt obligations over the next 18 months.
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News and Media
America has imposed sanctions on Iranian security officials and financial networks. This action follows a violent crackdown on peaceful protests. Billions in oil revenues were allegedly laundered. The United States stated its firm support for the Iranian people's call for freedom and justice. This move builds on the administration's maximum pressure campaign against Iran.
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News and Media
Four Arab states, including Saudi Arabia, Qatar, Oman, and Egypt, engaged in intense diplomacy with the U.S. and Iran to avert a threatened U.S. attack. They warned Washington of regional security and economic repercussions, while urging Iran to avoid retaliatory strikes. This effort aimed to de-escalate tensions and prevent wider instability.
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News and Media
Morgan Stanley began coverage on Meesho with an equal-weight rating and Rs 169 target, citing full valuations after the rally, early-stage monetisation, and profitability still years away despite strong scale, growth prospects, and leadership in value e-commerce.
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News and Media
HDFC Life Insurance on Thursday reported a muted bottomline growth in December quarter, with standalone profit after tax rising just 1% year-on-year to Rs 421 crore, compared with Rs 415 crore in the same period last year.
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News and Media
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