The offer proceeds are intended primarily for the acquisition of the Prestige Tech Platina asset by the Platina SPVs, with the remaining funds allocated for general corporate purposes.
NRIs are increasingly diversifying their investments beyond traditional real estate and fixed deposits, exploring opportunities in mutual funds, GIFT City, and tech startups. Factors like
A Union Bank of India report indicates metal prices may increase the Wholesale Price Index. While overall WPI dropped in April 2025, metal prices rose.
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