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Swiggy faces 200 million USD loss before potential IPO, says report

Swiggy faces 200 million USD loss before potential IPO, says report

Indian Food Delivery App Swiggy reported a loss of USD 200 million for the nine months leading up to December 2023, as revealed by an internal document of the company, reported news agency Reuters. This

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Jefferies bullish as hotel room rates surge 30% from pre-COVID levels

Jefferies bullish as hotel room rates surge 30% from pre-COVID levels

Jefferies Equity Research, the research arm of the global financial services firm, maintains its bullish stance on India's hotel industry. Over the last three years, the market capitalization of the industry has tripled, coinciding with

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Juniper Hotels Sees Modest Entry on Stock Exchange

Juniper Hotels Sees Modest Entry on Stock Exchange

The highly anticipated debut of Juniper Hotels witnessed a lukewarm reception as it listed at a modest 1.38 percent premium to the IPO price on February 28. The stock opened at INR 365 on the

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