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Nifty50 Turns 25: Here is How the Indian Equity Benchmark has Fared Over the Years

India’s equity index Nifty50 turned 25 years old on Thursday. It was launched in April 1996, when it traded at 1,107, with the base year of November 1995 set as

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Toyota warns rivals’ gasoline engine phase-out goals must overcome huge challenges

A senior Toyota executive will express skepticism before U.S. senators Tuesday about aspirations by rival automakers to phase out gasoline-powered vehicles, saying those goals must overcome many obstacles. Robert Wimmer,

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Private equity investors fret over record U.S. buyout prices

Private equity firms are paying more for leveraged buyouts to keep pace with soaring valuations of acquisition targets, making some investors leery of whether the industry can keep delivering on

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JPMorgan’s Southeast Asia M&A chief joining Barclays

JPMorgan Chase & Co’s head of Southeast M&A, Ee Ching Tay, has resigned from the bank to lead Southeast Asia investment banking at Barclays Plc, three sources aware of the

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Investors value China’s Ant Group at over $200 billion after IPO halt

Some of Ant Group’s global investors have valued the Chinese fintech firm at over $200 billion based on its 2020 performance, said people with knowledge of the matter, offering a

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Volkswagen is worth 200 billion euros, CEO Diess says

Volkswagen, the world’s No.2 carmaker, is worth 200 billion euros ($238 billion), Chief Executive Herbert Diess, confirming a previously stated target on the back of a 38% share price increase

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Cargill names former GE CFO Jamie Miller as new finance chief

Global commodities trader and food processor Cargill Ltd on Tuesday named former General Electric executive Jamie Miller as its chief financial officer. Miller was senior vice president and CFO at

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