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Northern Arc Capital's IPO has been subscribed 10 times by the third day, with significant interest from non-institutional and retail investors. The company has set a price band of Rs 249-263 per share and raised Rs 228 crore from anchor investors. Analysts recommend subscribing due to its strong growth potential and diversified business model.
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Ray Dalio warned about China's economic challenges and slowing growth but retains some investments. He advised investors to diversify and restructure their portfolios in response to these issues.
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The US company says it will ask for court permission to start a sale process of the business.
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News and Media
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