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The artificial intelligence firm behind the Claude chatbot is preparing for a major stock market listing. The company intends to price its shares within a range of $70 to $78.
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The National Company Law Appellate Tribunal in Delhi has ruled that failing to refund share application money constitutes a financial debt under the Insolvency and Bankruptcy Code. This decision clarifies how unallotted share funds are treated during corporate disputes.
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Recent diplomatic signals regarding peace in West Asia alongside declining crude oil prices could provide positive momentum for the Indian stock market, according to recent reports.
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A Mumbai court has refused anticipatory bail to an 81-year-old Chartered Accountant involved in a multi-crore foreign remittance case. The professional allegedly issued 163 Form 15CB certificates connected to Rs. 200 crore in suspected fraudulent transfers.
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The National Company Law Appellate Tribunal in Delhi has set aside an insolvency order, ruling that a settlement reached prior to admission bars a Section 9 corporate insolvency resolution process.
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Mjunction has collaborated with government agencies to conduct digital e-auctions for essential commodities such as onions and sugar. This initiative aims to curb rising market prices through transparent online trading.
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Nasdaq futures declined due to regulatory scrutiny facing Nvidia's chief executive officer alongside anticipation surrounding Anthropic's initial public offering. Meanwhile, falling oil prices lifted Dow futures and investor optimism.
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Following US midterm elections, expert Samir Saran advised patience in bilateral trade negotiations with the United States. He noted that aggressive tariff threats are typical negotiation tactics and emphasized that bipartisan congressional support ensures policy continuity.
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The Ministry of External Affairs has reaffirmed the Prime Minister's appeal for bringing ongoing global conflicts to a close. This restatement underscores the national diplomatic focus on peaceful resolutions to international disputes. Officials emphasized the ongoing need for dialogue and diplomatic engagement.
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Artificial intelligence firm Anthropic plans to raise up to $64.4 billion through an upcoming public offering, aiming for a valuation reaching $1.02 trillion. Founded by former OpenAI researchers, the company features rapidly growing enterprise adoption alongside substantial operating losses and heavy infrastructure investments.
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The National Company Law Appellate Tribunal in Delhi has established that settling a dispute prior to admission brings an end to insolvency proceedings filed under Section 9. This judicial stance provides clarity for corporate debtors and operational creditors seeking resolution outside formal court mechanisms. The ruling reinforces the preference for out-of-court settlements in commercial disputes.
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The Goods and Services Tax Appellate Tribunal has ruled that incorrectly reporting Integrated Goods and Services Tax credit under Central and State tax heads may constitute a technical error. The tribunal ordered a reconsideration of the disputed input tax credit demand, aligning with judicial precedents distinguishing administrative mistakes from wrongful credit claims. This decision offers relief to taxpayers facing recovery notices due to reporting slips.
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