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S P Apparels announces 100% stake acquisition  in Young Brand Apparel for 223 cr

SPAL aims to acquire a 51.33% stake directly from Bannari Amman in Young Brand Apparel Private Limited, and concurrently, the company plans to undertake the acquisition of a 49% stake.

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News Stock Market

Bharti Airtel rises over 5% on robust Q3 profit

On Monday, the company reported its net profit at Rs 2,442.2 crore, an increase of 54% year on year. Shares of Bharti Airtel rose 5.6% to Rs 754.65 after the.

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News Stock Market

Vodafone in ‘active’ Italy deal talks as German recovery slows

By Paul Sandle LONDON (Reuters) -Vodafone said on Monday it was in “active discussions” about a deal in Italy, its worst performing major market, as it reported a slowdown in.

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News Technology

SAP to restructure 8,000 roles in push towards AI

SAP expects generative AI to fundamentally change its business and has pledged to invest more than $1 billion. German software firm SAP SE unveiled a 2 billion euro ($2.17 billion).

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News Stock Market

Brokerage houses bullish on Tata Steel as Indian margins remain strong

When considering medium and long-term returns, the stock has surged over 10% in the last 6 months and 13.31% in the last one year. In the December quarter, Tata Steel.

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News Stock Market

Musk’s X aims to hire 100 content moderators in Austin by end of year

By Sheila Dang (Reuters) – Social media company X is in the process of hiring 100 content moderators for a new office in Austin, Texas that will focus on fighting.

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News Stock Market

Sony ends $10 billion deal to merge India assets with Zee, plans legal action

By Nishit Navin and Chris Thomas BENGALURU (Reuters) -Japan’s Sony (NYSE:SONY) Group on Monday scrapped plans for a $10 billion merger between its Indian unit and Zee Entertainment which said it had.

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Commodities News

Sugar output may be higher than 32.5 MT

The sugar output for the 2022-23 season was at 36.61 MT, which excludes diversion towards ethanol production. The country’s sugar production in the current season — 2023-24 — is likely.

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Commodities News

China’s 2023 coal imports from Australia rise, but below pre-ban era

BEIJING (Reuters) -China’s coal imports from Australia picked up in 2023 after a ban of nearly two years was lifted, but they remained below pre-ban levels as the supplier tries.

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Commodities News

Export of petroleum products falls to 15-month low in Jan

The United Arab Emirates, Netherlands, and Malaysia were among the top buyers of Indian petroleum products in January including diesel, jet fuel, gasoline, and naphtha among others. India’s export of.

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