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As for LG Electronics India, it filed preliminary papers with Sebi in December for an IPO wherein the parent company will sell over 10.18 crore shares, amounting to a 15 per cent stake, as per the Draft Red Herring Prospectus (DRHP).
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If you see the weight of dollar index itself, 55% is indirectly the euro, then the Swedish Krona, and then the Yen, like all three of them have different weights within the dollar index.
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Baidu surged 12.2% to the highest since October, as investors continued to scoop up its shares following the launch of two new artificial intelligence models. Alibaba climbed 5.8% and Tencent gained 3.2%.
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PB Fintech Ltd. plans to invest Rs 696 crore in its subsidiary PB Healthcare Services to enhance business operations. Chairman Yashish Dahiya shared insights on improving the customer experience and reducing insurance costs. The investment aims to resolve conflicts between hospitals and insurers by creating a trusted protocol, ensuring smoother claim settlements for customers.
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India’s bond market is adapting to RBI’s rate cuts, inflation trends, and global factors. Investors should focus on medium- to long-duration bonds, high-quality corporate bonds, SDLs, and bond ETFs. Risk management through diversification, laddering, and credit assessment is essential. Professional guidance can help optimize portfolios amid evolving economic conditions.
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