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The Delhi High Court has dismissed a petition challenging the Securities and Exchange Board of India's approval for the National Stock Exchange's initial public offering. Justice Jasmeet Singh stated the petition aimed to halt the exchange's IPO. The court found no grounds to interfere with Sebi's decision.
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Rivian shocked the market with strong earnings results last week, proving itself an outlier in the electric vehicle market, which has been struggling with the end of government subsidies and cooling consumer excitement.
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The move follows further revelations over her friendship with the convicted paedophile Jeffrey Epstein.
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News and Media
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