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The equity purchase has prepared the door for Hinduja Group's entry into the rapidly expanding mutual fund business, transforming IndusInd International Holdings into a full-fledged financial services company.

Paytm's transaction value market share has also witnessed a decline, now resting at 6.7%, marking its lowest point in recent years.

A global trial called PROSEEK included 513 individuals from India, Europe, and the United States who had early-stage Parkinson's disease.

Ashok Hinduja, Chairman of IIHL, expressed the vision to serve investors transparently and efficiently, aligning with the motto "mutual fund sahi hai."

The stock was up 1.3% from the previous close on the NSE at 9.20 am, trading at ₹4,775. Over the last month, the share has increased by more than 20%.

Headquartered in Ahmedabad, the company specializes in processing semi-finished fabrics into finished fabrics and manufacturing home furnishing products.

The NFO is available for subscription from April 08 to April 22. The schemes will reopen for continuous sale and repurchase within five Business Days from the date of allotment.

For ₹5.34 Crore, the business announced that it has purchased a 26% equity position in Clean Max Arcadia Private Ltd.

When assessing private market companies, investors generally take public market valuations into account, and Swiggy is no exception.

The NFO is available for subscription from April 08 to April 22. The schemes will reopen for continuous sale and repurchase within five Business Days from the date of allotment.