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Oyo's parent company, Prism, has secured shareholder backing for its initial public offering. The company plans to raise up to Rs 6,650 crore through fresh equity shares. Shareholders also approved a bonus share issuance. These approvals are significant steps towards Prism's public listing. Recent financial performance shows strong profit and revenue growth for Oyo.
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News and Media
Provincial police said the vehicle was first targeted with improvised explosives before the attackers opened fire, killing four officers and the driver. No group has claimed responsibility for Tuesday's attack.
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News and Media
The proposed amalgamation of ACC and Ambuja Cement, a decades-long relationship, brings focus to valuation upside and operational synergies for the Adani Group. Experts highlight the attractive acquisition cost per tonne for Ambuja shareholders, creating immediate value. While synergy benefits are largely realized, the merger signals continued inorganic growth for Adani, with further acquisitions anticipated.
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News and Media
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