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Quadrant Future Tek plans to raise Rs 290 crore through an IPO to repay debt, fund capex, and support working capital. The company is expanding into EVs, renewable energy, and railways while facing margin challenges from its growing signaling business.
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The transaction was the second highest-priced sale on record in the Lake Geneva area.
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Nippon Steel and U.S. Steel are filing a federal lawsuit challenging the Biden administrations decision to block a proposed nearly $15 billion deal for Nippon to acquire Pittsburgh-based U.S. Steel..
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News and Media
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