 "LG Electronics plans a .5 billion IPO for its Indian unit, aiming to boost revenue and capitalize on India’s growth potential.")
LG Electronics is planning a potential initial public offering (IPO) for its Indian business, aiming to raise between $1 billion and $1.5 billion. This move could value LG Electronics India Pvt Ltd at around $13 billion. The company has selected major banks like Bank of America, Citigroup, JPMorgan Chase, and Morgan Stanley to manage the ...
 "JSW MG Motor India launches the MG Windsor, shifting focus to electric vehicles, aiming for over 50% EV sales by 2024.")
JSW MG Motor India is shifting its focus towards electric vehicles (EVs) and away from traditional internal combustion engine (ICE) vehicles. Parth Jindal, the company director, announced the launch of the MG Windsor electric crossover, which marks their commitment to new energy vehicles. Bookings for the Windsor start on October 3, with deliveries beginning October ...
 "Apple’s iPhone 16 heralds a new AI era, aiming to reclaim innovation as it competes fiercely against rivals in the tech revolution.")
Apple is set to unveil the iPhone 16, marking a significant shift towards artificial intelligence. This new model aims to enhance features like Siri and create customized emojis in real-time, positioning Apple as a key player in the consumer AI landscape. The launch event, scheduled for Monday in California, is generating excitement as the iPhone ...
On September 9, 2024, former Delhi Deputy Chief Minister Manish Sisodia led a padyatra in Vikaspuri, calling out the BJP for allegedly trying to undermine Delhi’s governance. Starting on August 16, the rally has gained significant public support. Sisodia accused the BJP of plotting to imprison Chief Minister Arvind Kejriwal to take control of the ...
 "Daewoo’s bold entry into India’s home appliance market signals ambition, aiming to dominate with smart kitchen innovations and widespread expansion.")
Korean brand Daewoo is making its entrance into the kitchen and home appliances Market in India, following the success of its previous product lines, including LED TVs and inverters. After entering the Indian Market last year, Daewoo has seen strong reception, prompting the company to expand its offerings to include smart kitchen devices. The new ...
 "Amidst rising maritime tensions, India’s Jaishankar engages GCC leaders in Riyadh, aiming for stronger trade and cooperation amidst global conflict.")
External Affairs Minister S Jaishankar arrived in Riyadh, Saudi Arabia, on September 8, 2024, for the First India-Gulf Cooperation Council (GCC) Foreign Ministers’ Meeting. Welcomed by Saudi officials, Jaishankar expressed his gratitude for the warm reception. During his two-day visit, he will hold bilateral discussions with foreign ministers from GCC countries, focusing on strengthening the ...
 "NLC India seeks to accelerate mining at Machhakata coal block, aiming for a major boost in its production capacity by 2030.")
NLC India Ltd, a state-owned company, is planning to begin mining at the Machhakata coal block in Odisha ahead of schedule. This block, the largest among NLCIL’s mining projects, holds 1.4 billion tonnes of coal reserves and a capacity of 30 million tonnes per annum. NLCIL successfully bid for the Machhakata coal block in a ...
 "Verizon plans to acquire Frontier Communications for billion, aiming to enhance its fiber internet footprint and compete against rivals.")
Verizon is set to acquire Frontier Communications for $20 billion in an all-cash deal, announced on Thursday. This strategic move aims to expand Verizon’s subscriber base and enhance its competitive edge against rivals AT&T and T-Mobile, which offer extensive unlimited plans and bundled services. Verizon has proposed $38.50 per share for Frontier, a 37.3% premium ...
 "Mercedes-Benz India unveils the Maybach EQS 680 SUV, aiming for top five luxury markets amid a growing electric vehicle landscape.")
Mercedes-Benz India is focusing on expanding its Maybach brand, aiming to position India among the top five markets for Maybach sales. Recently, the company launched the all-electric Mercedes-Maybach EQS 680 SUV, starting at Rs 2.25 crore. CEO Santosh Iyer emphasized the brand’s strategic importance and projected growth potential in the luxury segment, highlighting that they ...
