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President Trump indicated a willingness to extend the July 8 deadline for trade talks, contingent on countries negotiating in good faith. Treasury Secretary Scott Bessent echoed this sentiment, suggesting flexibility for ongoing negotiations with nations like South Korea, Japan, and the EU. Trump also mentioned plans to send out final deal offers, signaling a take-it-or-leave-it approach for some countries.
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The Cayman Islands are emerging as a preferred destination for Indian software startups chasing global markets, offering greater flexibility in raising capital, whether from India or abroad. The self-governing British Overseas Territory is a region of interest for software-as-a-service (SaaS) companies scaling up their international ambitions.
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Jubilant Bhartia Group's promoters are selling minority stakes in listed companies to raise 2,000 crore for partially funding the acquisition of a 40% stake in Hindustan Coca-Cola Beverages (HCCB). Goldman Sachs Asset Management has already raised $600 million for the deal, and the group is divesting non-core assets. The deal values Coca-Colas bottling arm at 31,250 crore.
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