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Baillie Gifford fund writes down value of Dailyhunt parent company

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Scottish investment firm Baillie Gifford has marked down the valuation of its stake in the parent company of Dailyhunt, the Indian news aggregation platform. The adjustment reflects a lower assessment of the holding's worth in the fund's portfolio. Such write-downs are typically disclosed in periodic holdings or valuation updates from the investor. The article, sourced from the Economic Times, outlines the revised figure without detailing a broader strategic shift by the company.

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