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Vodafone Idea plans an Rs 18,000 crore FPO on April 18, attracting GQG Partners with $300-400 million bids. Analysts cautious due to profit concerns, low listing expectations, capex needs, 5G delay, and industry challenges.
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News and Media
Manufacturing output rose 0.5% last month after an upwardly revised 1.2% rebound in the prior month, the Federal Reserve said on Tuesday. Factory output was previously reported to have rebounded 0.8% in February. Economists polled by Reuters had forecast factory output rising 0.3%.
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News and Media
The largest fund house by assets managed was sitting on Rs 23,384.81 crore cash in March.
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News and Media
The short-term trend remains weak. But, having placed near the cluster support of around 22,000 levels, one may expect an upside bounce from the lows in coming sessions. Immediate resistance is at 22260 levels, said Nagaraj Shetti of HDFC Securities.
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News and Media
Suvankar Sen discusses the growth potential of the industry, competition concerns, and the impact of rising gold prices on consumer behavior. He emphasizes the importance of increasing the diamond stud ratio for future revenues and margins. Sen says: "In a Rs 7 - 8 lakh crore market, if you add up all the numbers of all the turnovers of the big industry players, you will see a lot of scope and a lot of room for all to keep growing"
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News and Media
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