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As Asia's oldest stock exchange, BSE, approached its 150th anniversary, regulatory scrutiny and market volatility cast a shadow. Concerns over retail investor losses in equity derivatives and a ban on Jane Street Group have fueled uncertainty. BSE faces challenges to innovate and adapt amid potential stricter oversight and increasing competition from the National Stock Exchange.
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GTPL Hathway reported a 27% decline in net profit, reaching Rs 10.5 crore for the quarter ended June, while revenue increased by 7% to Rs 909.1 crore. The cable TV business saw a slight revenue dip, but the subscriber base remained stable at 9.6 million. Broadband ARPU rose, and data consumption surged, with network expansion continuing.
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News and Media
The S&P 500 eased from a record high the day before, with caution prevailing after Trump on Thursday imposed 50% tariffs on Brazil and as the European Union braced for a possible letter from Trump with details on fresh tariffs.
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News and Media
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