Posts Tagged “1”

Kotak Special Situations Fund gets commitments worth $1 billion

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Kotak Special Situations Fund gets commitments worth $1 billion

Kotak Special Situations Fund, which aims to invest in distressed assets, has reached its final close with total commitments of $1 billion ( ₹7,000 crore) from investors, a top executive said. The fund, launched in February 2019, is anchored by a $500 million commitment from sovereign wealth fund Abu Dhabi Investment Authority (ADIA). The fund will be managed…

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Clash with India wrecks Pakistan’s stock market, Karachi Stock Exchange crashes 1,500 points

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Clash with India wrecks Pakistan’s stock market, Karachi Stock Exchange crashes 1,500 points

The Pakistani stock market tanked in trade today amid reports that Pakistan Air Force’s F-16 that violated Indian air space was shot down in Indian retaliatory fire 3 km within Pakistan territory in Lam valley, Nowshera sector. The Karachi Stock Exchange (KSE) 100 crashed 1,491 points to 37,330 level today compared to its previous close…

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Corn imports may touch 1 million tonnes

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Corn imports may touch 1 million tonnes

India is likely to import up to 1 million tonnes of corn this year as lower production and growing domestic poultry consumption boosts demand for overseas purchases, two traders estimated on Thursday. A below-normal monsoon and an infestation of the fall armyworm, which devastated African corn crops in 2017, have slashed India’s corn output and…

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India expected to import up to 1 million tonnes of corn in 2019: Traders

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India expected to import up to 1 million tonnes of corn in 2019: Traders

India is likely to import up to 1 million tonnes of corn this year as lower production and growing domestic poultry consumption boosts demand for overseas purchases, two traders estimated on Thursday. Below-normal monsoon rains and an infestation of the fall armyworm, which devastated African corn crops in 2017, have slashed India’s corn output and…

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