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The deal is subject to the space-based internet operator receiving regulatory approval in the country.

As India’s largest stock exchange heads to the public markets, it may need to rethink its excessive reliance on transaction revenue.
CargoX gets a $250 million cheque from a prominent investment firm; the Gulf is shining in the upcoming American tech IPOs; and Abu Dhabi has hit pause on rental increases.
April data suggests the slide may be moderating, even as the UAE accelerates moves to derisk its future.