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In recent months, investors have been requesting more withdrawals from New York-based Blue Owl, partly due to worries over the company’s exposure to software firms in light of artificial intelligence’s explosive growth.

GIFTNifty lower, trading at a discount of over 70 points from Nifty Futures Thursday’s close, indicating a start in the red for the Indian market

Moneycontrol reported that domestic private equity firm ChrysCapital is in the final stages of negotiations to buy the bulk of Novartis India from its Swiss parent, Novartis AG, after more than a year of discussions.

Due to rising oil prices and US-Iranian tensions, US stocks declined as the S&P 500 approached a flat 2026, with drops in Blue Owl Capital, Blackstone, Apollo Global Management, Salesforce, Intuit, and Walmart.

In a single trading day, the Nifty 50 erased the gains from the preceding three sessions as markets saw a steep sell-off amid rising geopolitical tensions between the US and Iran.

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