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Of the over 100,000 startups incorporated in the country since 2016, less than 5% work with incubators to gain entrepreneurial expertise.

SMP clocked Ebitda margin of ~6.5% in H1FY24, translating to Ebit margin of about 2.5%.

In the corresponding quarter of last year, the company reported a profit of Rs 221 crore.

The funding is being provided as the diverse gaming and sports media company tries to accumulate cash for future acquisitions that would enable it to expand its current operations.

The chip packaging and testing project, dubbed OSAT in the industry, comes after Foxconn, in July, called off a joint venture with India's Vedanta.

According to calculations made by Reuters, Sun Pharma's offer is worth roughly $347.8 million, or 4.2% more per share than Taro closed on Wednesday.According to calculations made by Reuters, Sun Pharma's offer is worth roughly $347.8 million, or 4.2% more per share than Taro closed on Wednesday.

Following investors' disappointment with the private sector lender's October-December quarter (Q3FY24) performance, HDFC Bank shares fell more than 8% on January 17 to settle at Rs 1,536.

Imports of DAP and NPKs declined 31% and 16% YoY respectively in Q3’24.

According to news reports, both banks are engaging with potential lenders in an effort to disburse the loan to a larger network of banks around Asia.

The contract spans four years and represents the company's second such deal in the last month