Category: Business

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Passenger vehicle exports rise 18% in April-September; Maruti Suzuki leads segment

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Maruti Suzuki. File | Photo Credit: Reuters Passenger vehicle exports from India rose by 18 per cent year-on-year in the April-September period, with Maruti Suzuki leading the segment with shipment of over 2 lakh units, according to the SIAM data. Total passenger vehicle exports in the first half of the current fiscal year rose to…

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Facebook picks 30% in AI venture of Reliance

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Facebook acquires 30% stake in Reliance’s AI venture | Photo Credit: Reuters Meta Platforms Inc’s Facebook Overseas will hold 30% interest in the AI venture floated by billionaire Mukesh Ambani’s Reliance Industries, according to a regulatory filing. Reliance Intelligence, a wholly-owned subsidiary of Reliance Industries Ltd, and Facebook will jointly invest an initial ₹855 crore…

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Trouble in ‘soy State’: Madhya Pradesh soybean farmers lose interest over multiple factors

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Arvind Singh Rathore was born in 1989, which was the year before his grandfather, (late) Thakur Datar Singh Rathore, and his father, Thakur Santosh Singh Rathore, began cultivating soybean on their ancestral farmland in Muradpura, a village on the outskirts of Indore in Madhya Pradesh. The oilseed was quite new to farmers in this area…

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Nittan doubles its production capacity in Sri City in Andhra Pradesh

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Lee Tai Hwan, president and representative director of Nittan Corporation, inaugurating an expanded manufacturing facility in Sri City of Tirupati district on October 24, 2025. Photo: Special Arrangement Nittan India Tech Private Limited, the Indian arm of Japan’s Nittan Valve Company Limited, doubled its production capacity at its Sri City plant by inaugurating its expanded…

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Access Denied You don’t have permission to access “http://www.ndtv.com/business-news/mutual-funds-cant-invest-in-pre-ipo-placements-says-sebi-sources-9511549” on this server. Reference #18.6824c317.1761320709.133d1888 https://errors.edgesuite.net/18.6824c317.1761320709.133d1888 Source link

Business

Dutch firm GX Group announces ₹500-crore photonics investment in India

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GX Group, which has an R&D (research and development) centre in Chennai, will form a subsidiary named GX Quantum Photonics in Manesar, Haryana to channel this investment. Photo: GX group website. The Netherlands-headquartered GX Group announced on Friday (October 24, 2025) that it would invest ₹500 crore into photonics module development and manufacturing in India,…

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Stock markets cut short 6-day rally, Sensex falls 344 points amid profit-taking, foreign fund outflows

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Benchmark indices Sensex and Nifty declined on Friday (October 24, 2025) amid profit-taking in FMCG and banking shares following a six-day rally and fresh foreign fund outflows. | Photo Credit: PTI Benchmark indices Sensex and Nifty declined on Friday (October 24, 2025) amid profit-taking in FMCG and banking shares following a six-day rally and fresh…

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Rupee rises 10 paise to settle at 87.78 against U.S. dollar

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A man walks past an installation of the Rupee logo and Indian currency coins outside the Reserve Bank of India (RBI) headquarters in Mumbai. File | Photo Credit: Reuters The rupee appreciated 10 paise to close at 87.78 (provisional) against the U.S. dollar on Friday (October 24, 2025), supported by optimism around India-U.S. trade talks…

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Orkla India’s IPO to launch on October 29, ₹1,667 crore issue targets ₹10,000 crore valuation

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Orkla India, which owns spices and condiments brands MTR and Eastern, on Friday (October 24, 2025) fixed a price band of ₹695-730 per share, aiming for a valuation of around ₹10,000 crore at the upper end. The company’s ₹1,667 crore Initial Public Offering (IPO) will open for public subscription on October 29 and conclude on…

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