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Wall ​Street’s ​main indexes opened lower ​on Monday, as soaring oil ‌prices ⁠heightened inflation worries, ⁠with ​the Middle East conflict ​entering its tenth day.
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Warburg Pincus-backed mortgage lender Truhome Finance ​has filed for ​a 30 billion rupees ($325 million) initial public ​offering, its draft prospectus showed on Monday.
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India’s XED ​Executive Development, which was slated to ​be the first company from GIFT City to go public, said on Monday it has rescheduled ‌its new ⁠public offering ⁠to March 16 due to the ongoing ​conflict in the Middle East region.
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Navi Mumbai’s office market commands 21 per cent lower rent than the average rentals of major cities, helping the region to attract foreign companies to set up their base and also establish global capability centres (GCCs), according to CRE Matrix.
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Crude oil futures on MCX have jumped 62% in six sessions after the Middle East war triggered supply fears and production cuts. Analysts warn prolonged conflict could push prices higher, raising inflation risks and India’s import bill.
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