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The company says the price rise is needed as it faces "very real and urgent" financial challenges.
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Kross Ltd has secured Rs 150 crore from 19 anchor investors ahead of its IPO. The company plans to raise Rs 500 crore through a fresh equity sale and an offer for sale by promoters. The funds will be used for capital expenditure, debt repayment, and working capital needs.
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News and Media
Employers added 142,000 jobs in August, figures show, which was less than expected.
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News and Media
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