Thu, Jan 9, 2025 9:54 PM
Phoenix Mills posts 21% growth in Q3 retail consumption at ₹3,998 crore
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State-owned lender, Indian Overseas Bank has invited expression of interest from asset reconstruction companies (ARCs) for the sale of 46 non-performing loans accounts worth Rs 11,500 crore, according to the press release. The last date to submit the expression of interest is on January 18 and e-auction is scheduled on January 30. The process of due diligence will commence from January 10.
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Asia accounts for 60% of global crypto users and contributes the largest share of worldwide liquidity, according to Foresight Ventures, a crypto-focused venture capital firm. On Jan. 9, Foresight Ventures released its latest “GTM in Asia” report, co-published with Primitive Ventures, noting Asia’s influence in the global cryptocurrency landscape.
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Healthtech company Practo said Thursday it managed to slash its loss before interest, taxes, depreciation and amortization for the year through March 2024 and achieved an adjusted EBITDA profit in the fourth quarter. The company also reported a 23% growth in consolidated revenue to Rs 240 crore for FY24 from Rs 194.53 crore the year before, it said Thursday.
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