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Indias proposed free trade agreement with the EU is nearing completion, with Jefferies identifying textiles, autos, electronics and pharma as key beneficiaries. The brokerage sees tariff relief, regulatory easing and deeper supply chain integration supporting Indian exporters while agri and dairy remain excluded.
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Shares of Tata Teleservices (Maharashtra) have fallen more than 6% in two sessions after its December-quarter results, as investors looked beyond a sharp narrowing of losses and focused on an 11.5% year-on-year decline in revenue and weak technical indicators that signalled continued near-term pressure on the stock.
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Amidst a slight downturn in share prices on Wednesday, Persistent Systems continues to draw analysts' praise following its December quarterly performance. With margins exceeding expectations and a string of successful deals, the outlook remains bright; however, some analysts are calling for more transparency regarding the durability of these margin gains.
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News and Media
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