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2024-11-13 05:12:17| The Economic Times

Samvardhana Motherson International saw a significant increase in net profit for the second quarter of the financial year 2025. The company's net profit rose by 222.5% year-on-year. Revenue from operations also experienced a nearly 19% increase. Despite this positive financial performance, the company's shares fell by 3.3% in early trading.

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2024-11-13 05:09:12| The Economic Times

Macquarie initiates an 'Underperform' rating on Swiggy, giving it a target price of Rs 325. They believe that while Swiggy has growth potential, profitability remains a challenge, particularly in the quick commerce segment. Swiggy's IPO, meanwhile, saw a decent subscription rate and is set to debut on the stock exchange.

Category: News and Media

2024-11-13 04:58:10| The Economic Times

Vivek Ramaswamy, a self-made billionaire, made his fortune in biotech. He founded Roivant Sciences, a company that develops pharmaceuticals. Ramaswamy also invests in technology and cryptocurrency. He entered politics with a focus on economic philosophy. He advocates for "excellence capitalism." Ramaswamy founded Strive Asset Management, an investment firm. He is known for his modest lifestyle despite his wealth.

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