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Wall Street's main indexes opened lower on Thursday, as investors digested a slate of corporate earnings, while concerns around U.S. tariffs, surging valuations and mixed economic data kept investors on edge.
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News and Media
Apollo Hospitals Enterprise reported a strong Q2FY26 with a 26% YoY rise in profit after tax to Rs 477 crore, driven by broad-based growth across healthcare, diagnostics, and digital verticals. Consolidated revenue increased 13% to Rs 6,304 crore, supported by steady patient volumes and margin improvements.
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News and Media
Asim Munir may become more powerful as Pakistan government is planning to make a constitutional amendment to bolster the Army Chief Asim Munir's power, raising concerns about increased military control. The proposed changes, particularly to Article 243, could shift authority to the central government and the military, sparking debate over civilian supremacy and provincial autonomy.
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News and Media
Ajmera Realty & Infra, backed by ace investor Mukul Agrawal, announced a 1:5 stock split after delivering 336% returns in three years. The multibaggers Q2 profit fell 14% YoY to Rs 30 crore, while revenue rose 10% amid steady long-term growth.
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News and Media
India's Goswami Infratech, a Shapoorji Pallonji Group unit, is set to complete a 250 billion rupee bond issue by end-January to refinance existing debt. The two-year zero-coupon bond will be secured by the group's stake in Tata Sons. This potential issuance aims to diversify funding sources and secure a lower coupon than its previous bond.
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News and Media
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