LG Electronics India is gearing up for a Rs 15,000 crore IPO, potentially the fifth largest in India. However, the company’s draft prospectus reveals concerns about future competition from its South Korean parent company and a subsidiary, Hi-M Solutek India, due to the lack of exclusivity agreements.
Related Posts
Deadly smog: Central panel allows ‘hybrid mode’ in Delhi-NCR schools
The Commission for Air Quality Management (CAQM) has permitted Delhi-NCR schools to resume classes in a hybrid mode due to hazardous air quality. Students up […]
UK PM reacts to Musk’s grooming gang accusations
Drawing on his experience as chief prosecutor, Starmer highlighted his proactive role in reopening cases previously deemed closed. He recounted the first major prosecution of […]
Trophy lost, questions aplenty, uncertain future for Indian team
India’s stand-in captain, Jasprit Bumrah, and regular captain, Rohit Sharma, watched helplessly as Australia secured the Border-Gavaskar Trophy. Despite fighting hard, India’s performance fell short, […]