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
Microsoft fires staff over Gaza vigil for Palestinians
Microsoft has terminated two employees who organised an unauthorised vigil for Palestinians killed in Gaza, arguing it was to honour victims and highlight Microsoft’s involvement […]
Diljit Dosanjh faces legal action over ‘songs promoting booze’
Diljit Dosanjh’s New Year’s Eve concert in Ludhiana faced legal challenges due to a complaint about songs promoting alcohol. Punjab officials urged a ban on […]
‘Beggars belief’: Gavaskar criticises India’s decision to cancel practice game
Cricket legend Sunil Gavaskar criticizes Team India’s decision to skip their practice match in Australia, deeming it “beyond belief.” He argues that the warm-up game […]