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LG eyes $15 billion listing valuation for Indian arm
The New Indian Express Hyderabad
|December 17, 2024
Post-public offer, promoter's shareholding will come down by 15%
SOUTH KOREA'S LG South Korea's LG Electronics is reportedly planning to list its Indian subsidiary - LG Electronics India Ltd - on the domestic bourses at a hefty valuation of up to $15 billion. The company, which is planning to launch a mega IPO in the first quarter of the calendar year 2025, was earlier targeting a valuation of $13 billion.
Both valuations are higher than LG's market capitalization on the South Korean exchanges. LG's shares have fallen about 13% this year in Seoul and the company commands a market value of $10 billion.
Denne historien er fra December 17, 2024-utgaven av The New Indian Express Hyderabad.
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FLERE HISTORIER FRA The New Indian Express Hyderabad
The New Indian Express Hyderabad
Naxal leadership dwindling, says govt
A day after Union Minister Amit Shah’s no to ‘ceasefire’ offer by Naxalites, a dossier prepared by the security and intelligence agencies revealed that after a series of arrests, surrenders and encounters, the top leadership of the Left Wing Extremists has now been dwindling, with only 13 people left in its apex body - four members of the Politburo and nine members of the Central Committee.
2 mins
September 30, 2025
The New Indian Express Hyderabad
Bhutan to be connected with India via rly network, 2 projects launched
INDIA and Bhutan will soon be connected by rail, as the Ministry of Railways announced two major cross-border projects on Monday.
1 mins
September 30, 2025
The New Indian Express Hyderabad
Italian PM’s ‘Mann ki Baat’ with Modi foreword
THE Indian edition of Italian Prime Minister Giorgia Meloni’s autobiography, “I Am Giorgia: My Roots, My Principles”, with a foreword by Prime Minister Narendra Modi, is set for release in bookstores across India between October 5 and 7.
2 mins
September 30, 2025
The New Indian Express Hyderabad
Comprehensive security doctrine on its final leg
INDIA’S first comprehensive security doctrine — the National Security Strategy (NSS) — is expected to be completed by December this year.
1 mins
September 30, 2025
The New Indian Express Hyderabad
Goyal says UP now unstoppable as investment destination, praises Yogi
THE third edition of the Uttar Pradesh International Trade Show (UPITS-2025) concluded on Monday with Union Commerce and Industry Minister Piyush Goyal calling it a showcase of India’s economic and cultural strength.
1 min
September 30, 2025
The New Indian Express Hyderabad
Canada lists Bishnoi gang as terror outfit
CANADA on Monday listed the Lawrence Bishnoi gang as a terrorist entity for creating a \"climate of fear and intimidation\".
1 min
September 30, 2025
The New Indian Express Hyderabad
SUPPORT DIALOGUE, NOT DOGMA
DISCUSSIONS about Indian knowledge systems (IKS) resurfaced after the University Grants Commission released its draft Learning Outcome-based Curriculum Framework, which aims to embed 'ancient Indian wisdom' across subjects.
3 mins
September 30, 2025
The New Indian Express Hyderabad
India's first European trade pact with EFTA to come into effect from Oct 1
INDIA WILL be implementing its first Europe-oriented trade agreement from October 1, confirmed Commerce and Industry Minister Piyush Goyal.
1 min
September 30, 2025
The New Indian Express Hyderabad
Leh Apex Body to pull out of October 6 talks
THE Leh Apex Body (LAB) said on Monday that it would stay away from talks with the Centre till peace and normalcy is restored in Ladakh.
1 min
September 30, 2025
The New Indian Express Hyderabad
JLR to resume production following cyber attack
TATA MOTORS’ British subsidiary Jaguar Land Rover (JLR) on Monday said it will partially resume manufacturing operations in the coming days after being hit by a cyber attack that brought its production to a complete halt earlier this month.
1 min
September 30, 2025
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