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03.07.26 - 11:00
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India′s services sector growth falls to 17-month low as hiring stalls, demand weakens (Times of India)
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India's services sector experienced a significant slowdown in June, reaching a 17-month low due to weakening domestic demand and subdued hiring. While export orders provided a bright spot, overall business activity moderated. This trend also impacted the broader private sector, with the composite PMI indicating slower growth. Despite the cooling, the sector remains in expansionary territory....
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01.07.26 - 23:18
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Debt′s the way for Indian IT acquisition funding (Times of India)
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Indian IT firms are increasingly embracing debt for significant acquisitions, a shift from their traditional cash-rich approach. Persistent Systems' $1.5 billion financing for its Nagarro deal exemplifies this trend, driven by the need to build AI capabilities and expand globally. This strategic move aims for accelerated growth and relevance in a rapidly evolving tech landscape, though experts caution about the risks of high leverage if growth targets aren't met....
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01.07.26 - 18:12
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Inside Meta′s $900 Million India Gamble (Bloomberg)
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Meta has appointed CRED founder Kunal Shah to help lead WhatsApp globally as it tries to turn the app into a financial powerhouse. Bloomberg Opinion's Andy Mukherjee explains why India is the key to that strategy. (Source: Bloomberg)...
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26.06.26 - 12:24
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Why India making its own bullet trains is a big deal - explained (Times of India)
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The trains that will run on India's first bullet train corridor will be manufactured indigenously. And that will be a feat for India's engineering capabilities. A Rs 866.87 crore contract has been awarded to BEML Limited by Integral Coach Factory (ICF) Chennai for manufacturing two prototype bullet train or high-speed train sets....
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