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Starlink Awaits Indian Approval for Satellite Broadband Services: Competition Heats Up
Elon Musk's Starlink, a satellite internet company, seeks approval for its India operations. Competition heats up in the GMPCS services sector.
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Nifty Bank Analysis for Tuesday Intraday Trade Setup – 12/09/2023
Read our comprehensive analysis of Bank Nifty for Tuesday's intraday trade setup on 12/09/2023. Learn about the technical factors, support and resistance levels, and trading strategies to make informed decisions.
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Nifty Reaches 20,000 Mark Amidst G20 Optimism and Strong Fundamentals
Nifty 50 has finally breached the 20,000 milestone, driven by optimism stemming from India's role at the G20 summit.
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Railway Stocks Rally Up to 15% After G20 Summit Announcement
Railway stocks rally up to 15% after G20 summit announcement. Government order book and modernization programs boost rail stocks.
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Market
SoftBank Vision Fund to Offload Zomato Shares in Rs 940 Crore Block Deal
Japanese investor SoftBank Vision Fund is selling around 10 crore Zomato shares, representing 1.17% stake, in a block deal worth Rs 940 crore. The move follows Tiger Global's exit.
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World
China Evergrande Group Seeks Bankruptcy Protection in the US
China Evergrande Group's decision to seek Chapter 15 bankruptcy protection and its potential impact on the property debt crisis and the company's restructuring efforts. Understand the broader financial implications and the significance of its electric-vehicle unit's strategic move.
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Market
Oil prices surge as OPEC+ announces surprise production cuts
Oil prices surge as OPEC+ announces surprise production cuts in response to weaker demand. Goldman Sachs raises year-end forecast for Brent crude.
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News
Signature Bank Becomes Third US Bank to Collapse in a Week Amid Crypto Fears
On Sunday, New York-based Signature Bank became the third American bank to close its doors within a week, following Silicon Valley Bank and Silvergate...
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News
Indian Markets Poised for Flat to Slightly Positive Opening Despite Negative Trends in Asia and US
U.S. stocks closed mostly lower amid contagion risk concerns, despite efforts to protect the banking system. Interest rates and inflation outlook were reassessed after the collapse of Silicon Valley Bank and Signature Bank. Gold prices rose as the dollar index declined. Asia-Pacific markets tumbled on Tuesday due to concerns over failed banks in the U.S. Nifty fell for the third consecutive session.
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