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RBL Bank plans to seek government approval to raise its foreign direct investment limit to 74% from 49%. This move is crucial for processing Emirates NBD Bank's $3 billion acquisition of a 60% stake, marking the largest FDI in Indian banking. Shareholder approval for the deal is expected on November 12.
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News and Media
Indian stock markets rose on Monday. Easing US-China trade tensions boosted investor confidence. Investors now await the US Federal Reserve's rate decision. The Nifty and Sensex saw gains, nearing record closing levels. Analysts expect the rally to continue. Mid and small-cap stocks also advanced. Foreign investors sold shares, while domestic investors bought.
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News and Media
The delicate equilibrium South Korea has maintained between the security demands of the U.S. and the economic ties to China is facing unprecedented challenges. President Lee Jae Myung has recognized that the time has come for a strategic decision.
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News and Media
Coforge shares rose 4% after strong Q2 results, driven by robust deal wins, margin expansion, and revenue growth ahead of peers. Analysts raised 12-month targets by 57%, citing improved visibility and stable attrition.
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News and Media
Adani Energy Q2 Results FY26: Adani Energy Solutions on Monday reported 21% decline in its consolidated net profit at Rs 534 crore for the quarter ended September 2025. The same stood at Rs 675 crore in the year-ago quarter. Revenue from operations in the same period increased 7% year-on-year (YoY) to Rs 6,596 crore.
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News and Media
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