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Indian Shares Open Lower Amid Middle East Tensions and US Rate-Hike Bets

By Uniquetimesorg September 7, 2026 0

Indian shares opened lower on Monday after recording four consecutive weekly declines, as escalating tensions in the Middle East and growing expectations of a U.S. interest rate hike in September weakened investor sentiment. The Nifty 50 fell 0.19% to 23,852.55, while the BSE Sensex declined 0.17% to 76,383.49 by 9:23 a.m. IST. IT stocks led […]Continue Reading

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PlaySimple Files for $335 Million IPO in India as MTG Eyes Growth in Gaming Market

By Uniquetimesorg April 24, 2026 0

Sweden-based Modern Times Group has announced that its Indian gaming subsidiary PlaySimple has filed for an initial public offering (IPO) in Mumbai, aiming to raise up to ₹31.5 billion (about $335 million). The parent company plans to sell a portion of its stake while retaining majority ownership after the listing. Notably, PlaySimple itself will not […]Continue Reading

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L&T Shares Slide to One-Month Low Amid Middle East Exposure Concerns

By Uniquetimesorg March 4, 2026 0

Shares of Larsen & Toubro (L&T) fell sharply on Wednesday, hitting a one-month low after investors grew concerned that the escalating conflict in the Middle East could disrupt the company’s projects across the region. The stock declined more than 7%, leading losses on the benchmark Nifty 50 index, as markets reacted to rising geopolitical risks […]Continue Reading

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Shadowfax IPO to Open on January 20, Targets ₹1,907 Crore at ₹7,170 Crore Valuation

By Uniquetimesorg January 14, 2026 0

Flipkart-backed logistics firm Shadowfax has announced its initial public offering (IPO), which will open for subscription on January 20. The company plans to raise ₹1,907.27 crore through the issue, valuing it at around ₹7,170 crore. The IPO price band has been fixed at ₹118–₹124 per share, with a minimum retail application of 120 shares amounting […]Continue Reading