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Hinduja Group-led IndusInd International Holdings (IIHL) mandated Barclays and 360 One to syndicate the debt, people cited above said. The bank on Monday disclosed accounting discrepancies in its derivative transactions affecting 2.35% of its net worth, raising alarm among potential investors.
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The price of China-made smartphones, TVs and laptops could rise in the US and elsewhere, experts warn.
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Germany's central bank president says US tariffs and retaliation to them could tip Europe's largest economy into recession again.
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