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Tata Capital is planning an IPO in early October, aiming to raise up to 17,000 crore through a fresh issue and offer for sale. Tata Sons and IFC are expected to offload shares in the OFS. The IPO is driven by RBI's directive for large NBFCs to list, enhancing transparency and supporting future lending growth.
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Indian indices closed higher on Thursday, with the Nifty surpassing 25,000 for the first time in three weeks, driven by positive sentiment despite mixed global cues and concerns about slowing earnings. The Nifty gained 0.1% to close at 25,005.5, while the Sensex rose 0.1% to end at 81,548.73, marking the fourth consecutive day of gains.
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Planned Parenthood says Thursdays ruling means that more than 1.1 million patients cant use their Medicaid insurance at its health centers.
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