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IPO windfall: IFC set to reap 13x gains in Tata Capital listing; World Bank arm trims stake

The International Finance Corporation (IFC) is poised to book hefty returns from Tata Capital’s upcoming $2 billion (Rs 17,000 crore) initial public offering, as the World Bank Group arm looks to partially exit its investment in the non-banking finance company.According to the updated draft red herring prospectus (DRHP), IFC will offload 3.58 crore shares in…

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$3.4 billion push: India set to build new Indian Railways’ lines near China border; to complement road infra

India plans to strengthen its northeastern border region through extensive railway development. (AI image) India is planning to build railway lines in the north-east along the border with China, with an aim to enhance logistics infrastructure in the strategically important areas. The development, estimated to cost the government 300 billion rupees ($3.4 billion), has a…

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GST relief: Rate rejig set to ease daily expenses; PwC report says household budgets may get a breather

Household budgets in India are likely to get some relief after the recent revision in Goods and Services Tax (GST) rates, according to a report by PwC. The advisory firm noted that the rate adjustments are expected to make everyday expenses more manageable for consumers, potentially lifting overall consumption sentiment. PM Modi Hails GST Reforms…

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Anti-terror techs set to be Quad priority | India News

NEW DELHI: Unfazed by uncertainty hanging over the proposed summit in November, Quad cooperation at ground level remains intact with the focus this month on counterterrorism workshops.These will include a technical exchange on misuse of Unmanned Aerial Systems (UAS) drones by terrorists and a seminar on preventing terrorist exploitation of new and emerging technologies, including…

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US tariff hit: Indian home textile exports set for 5-10% fall; Crisil warns of profitability pressure this fiscal

India’s home textile exporters are set to face a revenue fall of 5-10% this year, along with lower operating profitability, after the United States enforced a steep 50% tariff from 27 August, according to a report by Crisil Ratings. Exports make up nearly three-quarters of the industry’s turnover, making the impact significant.As per news agency…

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‘Mere Raho’: Aamir Khan Productions’ film starring Junaid Khan and Sai Pallavi set to release on THIS date—Deets Inside | Hindi Movie News

Aamir Khan Productions’ romantic drama ‘Mere Raho’, starring Junaid Khan and Sai Pallavi, is set to release on December 12, 2025. Directed by Sunil Pandey and produced by Mansoor Khan and Aamir Khan, the film was shot in Japan and marks a key milestone in Junaid Khan’s career. The upcoming romantic drama from Aamir Khan…

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