Bengaluru-based healthcare services provider Sagility India has raised ₹945.4 crore from 52 anchor investors on November 4. The ₹2,107-crore IPO will open for all investors on November 5 and will close on November 7. This IPO is an offer-for-sale of 70.2 crore equity shares by the Netherlands-based promoter Sagility BV, which is affiliated with EQT Private Capital Asia.
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Benchmark Sensex tanked nearly 942 points to settle at a three-month low while Nifty crashed below 24,000 on Monday dragged down by heavy selling in Reliance Industries and banking shares. Stocks that were in focus include names like 📌IRCTC, which fell 2.01%, 📌IRFC, which was down 3.26%, and 📌Raymond, whose shares jumped nearly 2% on Monday.
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Meta Platforms, the parent company of Facebook, announced on Monday that it will extend its ban on new political ads following the U.S. election, with the restriction lasting until later this week. The move, detailed in a company blog post, is part of a larger strategy to counter misinformation and maintain platform integrity as votes are tallied and verified, as per Reuters.
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