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Veteran Subedar named Tata Trusts consultant

MUMBAI: Tata Trusts has appointed Tata veteran Farokh Subedar, 71, as a consultant, according to people in the know. Subedar, who was with the Tata Group until last year, had shared the board at Tata Investment Corporation with Noel Tata, chair of Tata Trusts.The foundations are also considering former Tata Steel VP (corporate services) Chanakya…

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Upgrad Acquisition Of Unacademy: Upgrad signs term sheet to acquire Unacademy in all-stock deal

BENGALURU: Edtech firm Upgrad has signed a term sheet to acquire rival Unacademy in an all-stock transaction, founders of the two companies said in separate posts on X on Saturday, marking a significant consolidation move in India’s education technology sector.“We at Upgrad have signed a term sheet to acquire Unacademy in an all-stock deal,” Upgrad…

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Gold Prices: Gold, silver may see more corrective moves this week as Middle East tensions, central bank cues drive volatility

Gold and silver prices are likely to remain volatile and could see further corrective moves in the coming week, with investors closely watching developments in the Middle East conflict and a packed calendar of major central bank policy meetings, analysts said.Market participants are expected to remain focused on the evolving geopolitical situation, as any sign…

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India Crude Oil Supply: ‘Good stocks in hand’: India well placed on crude, fuel despite Middle East war, says Piyush Goyal

File photo: Union minister Piyush Goyal Union minister Piyush Goyal on Saturday said India is well placed to handle any disruption in crude oil and fuel supplies despite the worsening Middle East crisis, asserting that there has been “absolutely no disturbance” in petrol, diesel or aviation fuel availability, while also indicating that the government will…

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FPI profile: Foreign investors pull out Rs 52,704 crore in a fortnight as Middle East conflict rattles markets

Foreign portfolio investors (FPIs) turned aggressive sellers in Indian equities in March, pulling out Rs 52,704 crore (around USD 5.73 billion) from the cash market in the first fortnight of the month. The withdrawals come amid escalating tensions in West Asia, the weakening of the rupee and growing concerns over the impact of elevated crude…

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