Indian shares opened little changed on Thursday, as focus shifts to the special trading session to ascertain the price for Reliance Industries' financial services business, ahead of earnings from top Nifty 50 firms.
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Reliance - Jio Financial Services demerger: what you need to knowBillionaire Mukesh Ambani's Reliance Industries , India's most valuable company, will demerge its financial services business on Thursday as part of a move to unlock value.
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Breakingviews - Commonwealth Games hit a financial wallAnyone who signs up for a marathon soon hears about the metaphorical wall that exhausted runners often hit around three-quarters of the way through the race. Australia’s state of Victoria has just crashed into the financial equivalent, much earlier, in its preparations for hosting the 2026 Commonwealth Games. On Tuesday, Premier Daniel Andrews revealed the country’s second-largest state by population is pulling out barely a year after getting the nod to hold the quadrennial event, saying costs could almost triple from the initial A$2.6 billion ($1.8 billion) estimate.
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Indian Media and Entertainment Industry to Grow 9% to $73 Billion by 2027, PwC Report ForecastsIndia’s media and entertainment industry is expected to reach $73.6 billion by 2027 with a compound annual growth rate (CAGR) of 9.48%, says consultancy firm PwC’s “Global Entertainment…
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Why Indian farmers worry despite 'average' monsoon rainsIndia has received average monsoon rains since the start of the season on June 1, despite concerns that an El Nino weather pattern could lead to lower rainfall this year.
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Indian Ocean gravity hole was caused by extinct ancient sea, scientists sayScientists have puzzled over the origins of a gravity hole in the Indian Ocean for years. Now, researchers think the sunken floor of an extinct ocean could be the cause.
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