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Vedanta shares faced a decline following a report by Viceroy Research. The report alleges financial instability and unsustainable debt within the Vedanta Resources group. Vedanta has refuted these claims, calling them misinformation and baseless allegations. The company defends its financial position and questions the timing of the report.
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News and Media
Overseas investors repatriated a record $97.7 billion from Indian investments in FY25. This is up from $87.5 billion in FY24. The increase is due to higher FDI inflows and debt investments. RBI data indicates a rise in income from foreign exchange reserves deployment. Indian companies also increased overseas investments. This balanced the investment income segment of the current account.
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News and Media
Smartworks Coworking Spaces has raised Rs 173.64 crore from anchor investors ahead of its initial public offer (IPO).
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News and Media
Zerodha CEO Nithin Kamath criticized financial apps for using manipulative 'dark patterns' that mislead users into actions not in their best interest. He emphasized Zerodhas ethical stance, avoiding such practices to build long-term user trust.
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News and Media
Markets regulator Sebi on Wednesday said a settlement scheme for stock brokers, who traded on the now-defunct National Spot Exchange Ltd (NSEL) platform, will open on August 25.
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News and Media
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