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L&T Infotech To Buy Analytics Start-Up

BENGALURU: Leading IT services provider L&T Infotech on Tuesday announced acquisition of Pune-based analytics start-up AugmentIQ Data Sciences Ltd for an undisclosed amount. “The acquisition will enable us to gain access to MaxIQ, the big data platform AugmentIQ developed and used by one of the world’s largest credit bureaus, lead banks and regulatory agencies,” said Infotech in a statement...
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Broker’s call: UltraTech Cement (Buy)

Target: ₹13,000 CMP: ₹10,420.65 The board of UltraTech Cement has announced the company’s entry into the wires and cables segment with a planned capex outlay of ₹1,800 crore over the next 2 years. The plant will be set up near Bharuch, Gujarat, and the company aims to commission it by Dec’26. On full ramp-up, we...
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IPO News Today Live Updates on February 28, 2025 : IPO lock-in expiry for Hexaware Tech, Ajax Engg, 2 other companies to release over $250 million worth of shares in March

IPO News Today Live Updates: Navigate the dynamic world of initial public offerings with our dedicated IPO News section. Here, we bring you the latest updates on companies stepping into the public market, offering insights into their financial strategies, valuation, and market reception. Whether you’re an investor looking for new opportunities or simply curious about...
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DPIIT-Paytm Partnership To Boost Innovation In Manufacturing and Fintech Startups

New Delhi, Feb 27 (KNN) The Department for Promotion of Industry and Internal Trade (DPIIT), Government of India, has entered into a strategic partnership with Paytm (One97 Communications Limited) through the signing of a Memorandum of Understanding (MoU) aimed at fostering innovation and accelerating growth in India’s manufacturing and fintech startup sectors. This collaboration will...
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In a post-Trump world, trade gets special focus in budget; govt opens domestic market for some imported vehicles

As US president Donald Trump threatens to impose reciprocal tariffs on its trading partners, potentially upending global commerce, India has placed a significant emphasis on invigorating manufacturing and exports while also opening up the domestic market. As part of the customs duty rejig, the government lowered import tax on a range of products such as...

Centre sets new five-year target to cut debt to half of GDP; signals robust capital spending, support to states

The Union budget has set a new five-year target to cut the central government’s debt to 50% of gross domestic product, give or take 1%, by 31 March, 2031. The budget, presented by finance minister Nirmala Sitharaman on Saturday, also sought to signal the Narendra Modi administration’s commitment to fiscal prudence and infrastructure creation, including...

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