LG eyeing up to $15 billion valuation for India unit IPO
Financial Express Pune|December 17, 2024
SHARE SALE EXPECTED TO TAKE PLACE AS SOON AS FIRST HALF 2025
Baiju Kalesh, Yoolim Lee, Julia Fioretti & Dave Sebastian

LG Electronics is considering increasing the valuation of its Indian unit to as much as $15 billion in a planned listing in Mumbai next year after initial feedback from analysts and investors, according to people familiar with the matter.

Denne historien er fra December 17, 2024-utgaven av Financial Express Pune.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra December 17, 2024-utgaven av Financial Express Pune.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA FINANCIAL EXPRESS PUNESe alt
More Indians looking to fly biz class this holiday season
Financial Express Pune

More Indians looking to fly biz class this holiday season

The number of Indians eyeing to fly business class has seen a sharp uptick this holiday season compared to last year. While the trend is more pronounced in international travel, travel agents and online platforms suggest that it is also emerging on many domestic routes.

time-read
2 mins  |
December 18, 2024
Markets slump over 1%
Financial Express Pune

Markets slump over 1%

● Investors' wealth down ₹4.92 lakh cr

time-read
2 mins  |
December 18, 2024
EPFO weighs higher equity investments
Financial Express Pune

EPFO weighs higher equity investments

● Labour ministry panel to look at ways to raise exposure

time-read
2 mins  |
December 18, 2024
Indian firms turn to euro, yen swaps to trim borrowing cost
Financial Express Pune

Indian firms turn to euro, yen swaps to trim borrowing cost

INDIAN FIRMS ARE opting for cross-currency swaps to convert part of their debt into the euro or the Japanese yen in order to trim borrowing costs, said bankers.

time-read
2 mins  |
December 18, 2024
Financial Express Pune

IIT-Madras to offer fine arts, culture courses

A FIRST for Indian Institutes of Technology (IITs), IIT-Madras on Tuesday said it would offer two supernumerary seats in each undergraduate programme to students who have achieved excellence in fine arts and culture, starting from the upcoming academic session.

time-read
1 min  |
December 18, 2024
Financial Express Pune

Not even 2% work-linked higher education courses yet: Report

EDUCATION-INDUSTRY MISMATCH

time-read
1 min  |
December 18, 2024
Financial Express Pune

The world's busiest airline routes in 2024 are largely in Asia

● Leisure continues to outshine corporate trips

time-read
1 min  |
December 18, 2024
Financial Express Pune

Panel suggests LS elections template for entrance tests

DRAWING PARALLELS WITH the conduct of general elections, a high-level committee set up by the Education ministry and chaired by former ISRO chief K Radhakrishnan has proposed a similar framework for holding important national entrance tests to ensure transparency.

time-read
1 min  |
December 18, 2024
Financial Express Pune

Siddique murder: Court sends accused to police custody till Dec 20

A SPECIAL COURT in Mumbai on Tuesday remanded five accused arrested in NCP leader Baba Siddique's murder case to police custody till December 20 after investigators said they need to interrogate them about an absconding accused and the weapons used in the crime.

time-read
1 min  |
December 18, 2024
Financial Express Pune

DPIIT inks pact with HDFC Bank

THE DEPARTMENT FOR Promotion of Industry and Internal Trade (DPIIT) on Tuesday said it has inked pacts with HDFC Bank and Tally Solutions to help startups growth.

time-read
1 min  |
December 18, 2024