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PVR INOX Is Returning To Its Core After A Popcorn Phase — And Investec Likes The Pivot

PVR Inox’s decision to divest its entire stake in premium popcorn brand 4700BC is a strategic, review-led monetisation that should strengthen the balance sheet and sharpen focus on the core cinema business, according to a First Take note from Investec. The brokerage has maintained a ‘Hold’ rating on the stock with a target price of Rs…

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Aviation market share shift: IndiGo’s domestic lead narrows in November as Air India Group, SpiceJet gain ground

IndiGo’s dominance of India’s domestic aviation market weakened in November after operational disruptions earlier in the month, with the carrier’s market share sliding to 63.6 per cent, according to official data released by the Directorate General of Civil Aviation (DGCA), PTI reported. Despite remaining the country’s largest domestic airline, IndiGo’s share declined from 65.6 per…

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Coal policy reform: Cabinet okays CoalSETU window for auction-based linkages; new route to allow industrial use and export

The Cabinet Committee on Economic Affairs on Friday approved a new policy framework called the CoalSETU window, creating an additional auction route for long-term coal linkages for any industrial use and exports, according to an official release.The decision modifies the existing Non-Regulated Sector (NRS) Linkage Auction Policy of 2016, which restricts linkages to specified end-use…

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Hut 8’s Performance in 2025 Sets It Apart from Struggling Mining Industry

The Hut 8 Bitcoin (BTC) mining company expanded its credit facility with crypto exchange company Coinbase to $200 million, building on momentum from 2025 and strong stock performance, setting it apart among players in the struggling mining industry. Hut 8 will use the funds for “general corporate purposes,” according to an amended filing with the…

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In crunch, government says domestic PNG, CNG, LPG production priority

NEW DELHI: Facing a severe LNG (liquefied natural gas) crunch, govt on Monday invoked the Essential Commodities Act, 1955, to reallocate gas supply and slashed allocation for fertiliser and other industries, while seeking to ensure full availability for priority sectors such as domestic piped natural gas (PNG) for kitchens, compressed natural gas (CNG) for transport…

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