Among the world’s top universities, MIT was the single largest investor in the QIP of the quick service restaurant chain. The Cambridge, US-based private research university invested ₹92 crore in the issue as a foreign portfolio investor.
Engineering and capital goods stocks are under pressure due to the Iran-Israel conflict, with the BSE Capital Goods index falling nearly 4%. Companies like Larsen
Asian equities rebounded, tracking US stock gains fueled by positive economic data, despite ongoing Iran war uncertainty. South Korea’s Kospi surged 11%, and the MSCI
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