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News and analysis from the world of business and finance.

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WATCH | In the second episode of Mint's Diwali special series where we bring conversations with top fund managers on how to invest in the upcoming samvat year, we have with us Nilesh Shah, MD, Kotak Mahindra AMC.
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The Commission for Air Quality Management (CAQM) has invoked Stage-I of GRAP after Delhi’s Air Quality Index (AQI) rose to 238 at 10 am on Wednesday, as per multiple reports.

Read more: https://www.livemint.com/news/india/grap1-curbs-imposed-in-delhi-ncr-as-air-quality-deteriorates-to-poor-11792575704957.html
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WATCH | Big Buzz! Jio IPO Makes History, Shatters 3 Mega Records
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#WATCH | Delhi: CJP leaders Saurav Das and Ashutosh Ranka come out of Tihar Jail after the SEM Court ordered their release.
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eBay layoffs could affect around 1,100 employees, based on eBay's workforce of 12,300 at the end of last year. The company had also reduced its workforce by about 800 employees, or 6%, in February as part of an earlier restructuring effort.

Read more: https://www.livemint.com/companies/news/ebay-layoffs-online-marketplace-to-cut-1-100-jobs-as-it-reshapes-operations-11792589149209.html
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#WATCH | Delhi | PM Modi and Polish PM Donald Tusk hold bilateral talks to review the entire spectrum of bilateral relations between India and Poland
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Tesla–SpaceX merger plan could add more than $110 billion to Elon Musk's fortune, simply by accelerating the vesting of Tesla shares that otherwise wouldn’t vest until 2028, the Bloomberg Billionaires Index calculation shows. Further, the proposed tie-up could also unlock billions more from Musk’s latest Tesla compensation package, depending on the details of a merger

Read more: https://www.livemint.com/market/inside-tesla-spacex-merger-plan-elon-musk-may-gain-massive-110-bn-from-a-3-5-trn-deal-but-what-will-shareholders-get-11792651804564.html
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#MintMarkets | Indian stock markets closed in the red, with the Sensex dropping 460.30 points to 73,249.39 and the Nifty 50 falling 123.70 points to 22,687.65.

https://www.livemint.com/market
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Barclays plans to cut 5,000 jobs by the end of 2026 as it uses AI to reduce costs and improve returns. The move comes as third-quarter profit misses estimates, with a sharp decline in fixed-income trading weighing on investment bank income.

https://www.livemint.com/industry/banking/barclays-to-cut-5-000-jobs-as-ai-drives-cost-saving-push-and-lender-seeks-to-improve-returns-11792663207136.html
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