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Emirates NBD, Dubais largest bank, launched an open offer to acquire 26% of RBL Bank at 280 per share, following its 26,853 crore strategic investment. The combined 38,000 crore deal marks Indias biggest FDI in financial services and a historic foreign acquisition of a private lender.
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News and Media
Signature Global raised Rs 875 crore through NCDs from IFC, using over half to retire debt and the rest for Sohna land acquisition. The A+ rated NCDs mark its first listed debt issue, reflecting strong ESG focus and sustainable growth plans.
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News and Media
Indias PSU banks may receive up to $4 billion in passive inflows if the government raises the foreign institutional investment limit to 49%, according to Nuvama Institutional Equities. The move could drive strong rallies in key lenders like SBI, PNB, and Indian Bank, with expectations already boosting valuations.
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News and Media
Ethics experts said the U.S. president's family crypto initiatives create an unprecedented conflict of interest
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News and Media
Skills and talent development firm NIIT Ltd on Tuesday posted 88.4 per cent decline in consolidated net profit at Rs 1.37 crore for September quarter FY26, although revenues rose by 15.6 per cent.
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News and Media
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