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Swiggy is raising Rs 4,499 crore through an IPO to invest in its quick commerce business and expand its dark stores. The company plans to open new stores and explore new categories while maintaining focus on food delivery and quick commerce. Swiggy's IPO aims to support its growth trajectory and innovation.
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Many buyers and sellers are still staying put, as uncertainties remain around mortgage rates, real estate agent commissions and the upcoming election.
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The signs of De-dollarization are evident in the commodities space, where energy transactions are increasingly priced in non-USD currencies, highlighted a report by JP Morgan.
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