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Amidst Reports of US Probe on Adani Group, GQG Reports Notional Drop in Profit

US-based investment management firm GQG Partners has encountered a substantial notional drop in profit amounting to Rs 4,400 crore due to its investments in Adani Group companies. This development comes in the wake of reports suggesting a potential US probe into the activities of the Adani Group. The situation has raised concerns and cast a spotlight on the implications for international investors and the Adani Group's global business interests.

Micron Nears $1 Billion Investment in India for Semiconductor Packaging Factory

Micron Technology Inc., a leading memory chip manufacturer, is on the verge of finalizing plans to invest a significant amount, potentially reaching $1 billion,...

Discover the Buzz Around Discounted Closed-End Funds: Taylor Swift, Warren Buffett, and More

Boaz Weinstein, a hedge fund manager, has managed to create a stir in the world of finance by associating discounted closed-end funds with renowned...

Saudi Arabia and US Announce 24-Hour Ceasefire in Sudan

Saudi Arabia and the United States have jointly declared a 24-hour ceasefire between the Sudanese Armed Forces and the Rapid Support Forces, according to...

BlackRock Cuts Byju’s Valuation Amidst Indian Startup Valuation Adjustments

BlackRock, a minority investor in Bengaluru-based edtech startup Byju's, has once again reduced the valuation of its holding, this time to approximately $8.4 billion....

The AI Explosion: Implications for Markets and the Economy

Artificial intelligence (AI) is rapidly shaping the future of markets and the global economy. The recent blockbuster profit report from Nvidia highlights the growing...

“Amazon’s CEO Highlights Heavy Investments in Large Language Models and Generative AI”

In a letter addressed to shareholders, Amazon CEO Andy Jassy emphasized the company's substantial investments in large language models (LLMs) and generative artificial intelligence...

Binny Bansal, The Co-Founder Of Flipkart, Is Now Going To Invest Upto $100–150 Million In PhonePe

Flipkart cofounder Binny Bansal is in addresses to invest about $ 100-150 million in PhonePe as part of an ongoing backing round at the...

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Avyukta: Revolutionizing the Interior Design Experience with Intuitive Features

Avyukta, the heir to the esteemed 76-year legacy of...

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Exploring Timor-Leste: A Safe Haven for Students and Travelers Alike

Timor-Leste is typically a very safe country to live...

Bighneswar Satapathy: A Musical Prodigy’s Odyssey from Koraput to National Acclaim

Koraput, Odisha: Bighneswar Satapathy, a musical prodigy hailing from...
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