The appointment comes at a time when Acko is preparing for an initial public offering(IPO). In April, ET reported that the Bengaluru-based company had confidentially filed draft papers for an IPO, which is expected to raise around $250 million.
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Indian stock markets closed lower on Wednesday. Investor sentiment faced pressure from US tariff concerns and global tensions. The Nifty 50 and BSE Sensex saw declines. Banking stocks led a recovery from day’s lows. Investors await RBI policy and GDP…
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India’s economy is set for a slowdown in FY27, with growth projected at 6.6 percent. Inflation is expected to remain within the Reserve Bank of India’s target band. Policymakers face challenges balancing rising prices and slower growth. The RBI is…
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Vodafone Idea shares surged nearly 7% to a new 52-week high after ICRA upgraded the telecom operator’s rating and revised its outlook. Investor sentiment was further boosted by lower AGR dues, promoter support from the Aditya Birla Group and Citi…
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Crude oil values have hit a staggering Rs 9,260 per barrel, a record fueled by intensifying clashes in West Asia. The US and Iran’s recent skirmishes have reverberated across the global oil market, propelling prices for Brent and WTI crude…
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Japanese banks are increasingly shifting their Asia strategy from China to India and Southeast Asia as slowing growth, rising costs and geopolitical risks reduce China’s appeal. Over the past five years, Japanese regional banks have cut their branch presence in…
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