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Midwest Limiteds Rs 451 crore IPO, priced at Rs 1,0141,065 per share, opens October 15. With 50% allocated to QIBs, the issue includes a fresh issue of Rs 250 crore and an offer for sale of Rs 201 crore, marking Indias largest quartz and granite producers market debut.
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Indian IT firms anticipate a strong comeback in FY26. Global trends and increased AI use will drive growth. The Indian stock market also looks set for a recovery. Factors like tax cuts, liquidity, and infrastructure spending are boosting the economy. Positive surprises are expected to lift markets as earnings improve.
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Bharti Telecom, the holding company of Bharti Airtel, is set to launch its largest bond sale of the current fiscal year. The company aims to raise 150 billion rupees through bonds maturing in two and three years. This fundraising is expected to be at significantly lower rates than last year. Mutual funds are anticipated to be major buyers.
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