LG Electronics is delaying its planned ₹15,000-crore IPO for its Indian entity due to volatile market conditions and macroeconomic uncertainty. The company prioritizes ensuring proper valuation and optimal timing for maximum synergy. While procedures are underway, the final decision hinges…
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Sumitomo Mitsui Banking Corp (SMBC) is in advanced discussions to acquire a significant stake in Yes Bank, potentially triggering an open offer for an additional 26%. SBI, currently holding a 24% stake, seeks a new owner after Yes Bank’s turnaround.
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Hiring by Indian startups surged 32% in April, driven by a strategic shift towards innovation-led scaling and sustainable growth. Companies are increasingly prioritizing experienced professionals over freshers, with a focus on deep-tech and health solutions. Tier-2 cities are emerging as…
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The Reserve Bank of India repatriated a small amount of gold. It brought back 1.53 tonnes between September 2024 and March 2025. This is significantly less than the previous period. The RBI holds 879.59 metric tonnes of gold. A large…
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Bain Capital is seeking CCI approval to acquire a significant stake in Manappuram Finance through a multi-layered deal involving its affiliates. The transaction includes equity share subscriptions, warrant acquisitions, and an open offer to public shareholders. This move will trigger…
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With ESG compliance gaining traction, technology emerges as a vital tool for streamlined sustainability reporting. SEBI’s BRSR mandate pushes Indian companies towards integrating sustainability, while firms like WOCE leverage AI and automation to enhance ESG data management. Voluntary ESG alignment…
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