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Shares of fintech firm One MobiKwik Systems surged by 18.5% to Rs 524 on BSE on Wednesday, after listing at a strong premium of 58.5% at Rs 442.25. On the NSE, the shares were listed at Rs 440, reflecting a 57.7% premium over the issue price of Rs 279.
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News and Media
Restaurant Brands Asia shares rose 3% after announcing a board meeting on December 20 to discuss raising funds through preferential issue, QIP, or other methods, with shareholder approval sought.
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News and Media
Sanghi Industries shares dropped 12.4% after Ambuja Cements announced a merger scheme offering 12 shares for every 100 Sanghi shares. The merger aims to enhance efficiency and streamline operations.
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News and Media
Jindal Saw shares rose 7.7% after acquiring up to 31.2% stake in ReNew Green MHH One, aiming for concessional electricity rates. The deal will make RGMHH an associate by May 2025.
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News and Media
Boeing has fully resumed airplane production following a seven-week machinists' strike. The company restarted 737 MAX production in early December and has now brought its wide-body programs back online. November deliveries remained low due to the strike's impact, but the FAA is closely monitoring the restart, prioritizing safety. Boeing emphasizes its commitment to safe and timely aircraft delivery.
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News and Media
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