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EAAA Alternatives secured a $60 million commitment from the European Investment Bank for its $300 million India Energy Transition Fund, targeting renewable energy, energy storage, electric mobility, and other green infrastructure projects. The fund supports climate action and sustainability.
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Nifty and Sensex extended losses for a second straight session as selling hit PSU banks, pharma, and metals. Analysts see Nifty consolidating between 25,000–25,300 and recommend five stocks — Kingfa Science, SKF India, IREDA, M&M Financial, and Bikaji Foods — with up to 13% upside potential.
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Tech Mahindra on Tuesday reported a 4.4% YoY fall in its Q2 net profit at Rs 1,194 crore versus Rs 1,250 crore in the year ago period. The profit after tax (PAT) is attributable to the owners of the company.
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Tier-1 IT services company Tech Mahindra on Tuesday company declared an interim dividend of Rs 15 per equity shares for the financial year 2025-26 and has fixed Tuesday, October 21 as the record date for determining the members entitled to receive the interim dividend.
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Wall Street’s main indexes opened lower on Tuesday with renewed trade tensions between U.S. and China souring sentiment, while investors also parsed results from big U.S. banks that kicked off the third-quarter earnings season.
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