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India’s Swiggy tries enticing IPO bargain hunters

RPT-BREAKINGVIEWS-India’s Swiggy tries enticing IPO bargain hunters The author is a Reuters Breakingviews columnist. The opinions expressed are her own. Refiles to add topic codes. By Shritama Bose MUMBAI, Sept 30 (Reuters Breakingviews) - A food delivery company is about to test the appetite of India's roaring stock market . SoftBank Group 9984.T and Prosus-backed PRX.AS startup Swiggy may target a valuation of up to $15 billion in its Mumbai initial public offering, Reuters reported last wee
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India's REC attracts hefty investor demand for rare bond issue

India's REC attracts hefty investor demand for rare bond issue By Dharamraj Dhutia and Bhakti Tambe MUMBAI, Sept 30 (Reuters) - India's REC RECM.NS witnessed strong demand for a rarely-used type of corporate bond, as investors flocked to the state-run firm's issuance which also provides a tax benefit, merchant bankers said on Monday. "The bond issue witnessed demand from across the segment including qualified institutional buyers, high network individuals, family offices and other such investors
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Profit-booking dulls Indian shares; Reliance, financials drag

BUZZ-Profit-booking dulls Indian shares; Reliance, financials drag ** India's Nifty 50 .NSEI and Sensex .BSESN fall over 1% each, as Reliance Industries RELI.NS and financial stocks drag ** Heavyweight Reliance down 2.5% , top drag on the benchmark index; analysts say drop in RELI due to price correction after recent rally ** Top-weighted Nifty fin
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India’s Swiggy tries enticing IPO bargain hunters

BREAKINGVIEWS-India’s Swiggy tries enticing IPO bargain hunters The author is a Reuters Breakingviews columnist. The opinions expressed are her own. Refiles to add topic codes. By Shritama Bose MUMBAI, Sept 30 (Reuters Breakingviews) - A food delivery company is about to test the appetite of India's roaring stock market . SoftBank Group 9984.T and Prosus-backed PRX.AS startup Swiggy may target a valuation of up to $15 billion in its Mumbai initial public offering, Reuters reported last week, c
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Indian shares end off record highs; rise for third straight week

INDIA STOCKS-Indian shares end off record highs; rise for third straight week Updates at close By Manvi Pant BENGALURU, Sept 27 (Reuters) - Indian shares settled marginally lower on Friday as investors booked profits at the end of a week that saw the blue-chip indexes hit record highs every day. The benchmark Nifty 50 .NSEI ended 0.07% lower at 26,197.75 points, while the BSE Sensex .BSESN dropped 0.3% to 85,571.85. The indexes rose 1.5% and 1.2%, respectively, in their third straight week of ga
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