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The government and the Life Insurance Corporation (LIC) own 94.72% of IDBI Bank, with LIC owning 49.24% and the government owning 45.48%.

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Invesco India Manufacturing Fund is a play on the turnaround that we are seeing in GDP growth, led by manufacturing

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The record date for the share buyback has been set as July 30, 2024. Promoters will also participate in the share buyback.

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The Delhi-based startup has signed in-licensing arrangements with Novartis for the heart failure treatment Neptaz.

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On July 1, it reported that it has signed a $21 million contract with the Government of Bangladesh to build an innovative ocean-going tugboat.

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The NFO is available for subscription from July 12 to July 26.

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The privatisation of IDBI Bank has been anticipated for years, with market watchers closely monitoring the central bank's assessment of bidders.

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The company stated that its production facility in Bharuch successfully completed its USFDA inspection with zero 483 findings.

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Primary basket and manufactured products applied pressure on the WPI index in the month of June

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Out of the 28 sectors evaluated, MFs saw AUM accretion in 27 sectors with only media showing AUM depletion

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