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LG's IPO Valuation Expectations Lower
Mint Mumbai
|March 27, 2025
LG Electronics Inc.'s India unit may get a lower valuation than previously expected in its initial public offering, according to people familiar with the development, after the recent decline in the nation's stock market.
The valuation could dip to a dollar amount of between roughly $10.5 billion and $11.5 billion, the people said, versus earlier expectations for as much as $15 billion. The IPO could take place as soon as May, they said, asking not to
Denne historien er fra March 27, 2025-utgaven av Mint Mumbai.
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FLERE HISTORIER FRA Mint Mumbai
Mint Mumbai
Govt may not fine green project exits
Until now, such surrender of projects wasn't allowed. In case developers sought to abandon projects, the government forfeited their bank guarantees
3 mins
September 22, 2025
Mint Mumbai
Thousands rally in Philippines as they protest corruption
Thousands of Filipinos joined marches in Manila and other areas of the country on Sunday, protesting against what organizers say is widespread corruption within the government.
2 mins
September 22, 2025
Mint Mumbai
Doctors, nurses await clarity as H-1B fee may hit US offers
Astech workers brace for the impact of Donald Trump's H-1B work visa fees, another category of highly skilled Indian professionals awaits clarity: healthcare professionals.
2 mins
September 22, 2025
Mint Mumbai
Airfares to US spike amid H-1B visa confusion
Airfares and last-minute bookings from India to the US spiked this week amid confusion over who the new $100,000 fee on H-IB employment visas applies to.
1 mins
September 22, 2025
Mint Mumbai
Tata Sons director urges Tata Int'l to focus on profit
Tata International has been in losses for the past two fiscal years
2 mins
September 22, 2025
Mint Mumbai
ONGC, OIL to begin new campaign in '26
State-run oil explorers ONGC and Oil India Ltd are planning to begin a ₹3,200 crore stratigraphic drilling campaign in untapped offshore areas early next year, as part of efforts to discover new hydrocarbon reserves and cut reliance on imports, officials said.
1 min
September 22, 2025
Mint Mumbai
America’s $100,000 H-1B visa fee will redefine tech sector hiring
Indian IT service majors will be hit but let’s accept that the US programme had got warped and some reform was inevitable
4 mins
September 22, 2025
Mint Mumbai
India Inc’s earnings growth might remain sluggish for next two years’
India Inc.’s elusive capex cycle expansion means corporate earnings growth might remain at mid-to-high single digit, according to Kenneth Andrade, precluding a tearaway market rally.
4 mins
September 22, 2025
Mint Mumbai
How Trump’s Chabahar U-turn puts India’s regional ambitions at risk
The US's move to revoke the sanctions waiver for Iran’s Chabahar Port has cast uncertainty over India’s regional trade strategy.
2 mins
September 22, 2025
Mint Mumbai
WORLD PEACE STAYS ELUSIVE AMID RISING CONFLICTS
Years ago, we accidentally bumped into each other in Anantnag. He narrated his tragic story insisting he was being harassed. He contacted senior district officials but to no avail.
3 mins
September 22, 2025
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