Business
LG Electronics India has fixed its initial public offering (IPO) price band at ₹1,080 to ₹1,140 per share. The offer will consist entirely of an Offer for Sale (OFS) of 10.18 crore shares, with no fresh issuance of equity. Issue Size and Valuation If fully subscribed at the upper band, LG aims to raise about […]
Business
GlaxoSmithKline (GSK) has appointed Luke Miels as its next chief executive, effective January 1, 2026. He will also join the company’s board on that date. Background And Role Miels currently serves as GSK’s Chief Commercial Officer, overseeing global medicines and vaccine businesses. He joined the company in 2017 and previously held leadership roles at AstraZeneca, […]
Business Trade
India’s long-awaited trade deal with the European Free Trade Association (EFTA) will officially begin on October 1, 2025. The pact, formally known as the Trade and Economic Partnership Agreement (TEPA), was signed in March 2024 after 16 years of negotiations. Investment Commitments And Economic Goals Under the agreement, EFTA member countries — Iceland, Liechtenstein,
Business Industry
Global prices of major pulses have fallen sharply, with declines ranging from 5% to 20% over the past month. The drop is attributed to strong competition among major exporters. Exporters Compete for Market Share Canada, Australia, Russia, and several African countries are intensifying efforts to win buyers in world markets. New crops of peas and […]
Business Industry
India’s smartphone exports in August 2025 rose by 39% compared to August 2024, reaching USD 1.53 billion. This growth was driven largely by strong international demand. U.S. Shipments Double Exports to the United States more than doubled, climbing to USD 965 million from USD 388 million a year ago—a 148% increase. This highlights the U.S. […]