LG Electronics India has shattered all previous records in the Indian equity market by becoming the first-ever initial public offering (IPO) to cross the ₹4 lakh crore mark in total subscription value. The ₹11,607 crore offer-for-sale (OFS) by the South Korean parent LG Electronics Inc. received bids worth ₹4.39 lakh crore, oversubscribed 54.02 times across…
India’s fintech ecosystem is no longer just a domestic success story—it’s setting global benchmarks in digital finance, artificial intelligence, and inclusive innovation. That was the central message from Rajesh Mirjankar, Managing Director and CEO of Kiya.ai, during his keynote at the Global Fintech Fest (GFF) 2025 held in Mumbai. Mirjankar emphasized that India’s rapid strides…
In a strategic move to strengthen India’s coal logistics and infrastructure, state-run Coal India Ltd (CIL) has signed a non-binding Memorandum of Understanding (MoU) with Ircon International Ltd on October 8, 2025, in Kolkata. The pact aims to jointly develop rail infrastructure across CIL’s mining subsidiaries, enhancing connectivity, reducing evacuation bottlenecks, and supporting the government’s…
India’s equity markets are currently in a consolidation phase, but the foundation for a fresh rally is quietly taking shape, according to Dikshit Mittal, Senior Fund Manager at LIC Mutual Fund. Speaking to ET Now and ETMarkets on October 9, 2025, Mittal emphasized that festive consumption, manufacturing momentum, and supportive policy measures could drive the…
Mukesh Ambani’s Reliance Consumer Products has reignited India’s cola wars with the dramatic revival of Campa Cola, a nostalgic homegrown brand now positioned as a direct challenger to global giants Coca-Cola and Pepsi. With aggressive pricing, expansive distribution, and a “Make in India” ethos, Campa Cola is rapidly gaining market share and reshaping the dynamics…
India’s economic narrative is poised for a paradigm shift—from a services-dominated model to a product-driven innovation economy—according to real estate magnate and policy commentator Dr. Niranjan Hiranandani. Speaking on October 9, 2025, in response to the latest round of US tariffs targeting Indian exports, Hiranandani described the development not as a setback, but as a…
Mahindra Group is reportedly evaluating a major restructuring plan that could see its core verticals—tractors, passenger vehicles (PVs), and commercial trucks—function as standalone entities. If implemented, this would mark one of the most significant corporate transformations in the group’s history, aimed at unlocking shareholder value, sharpening strategic focus, and preparing for future growth across diverse…
Renowned valuation expert and NYU Stern professor Aswath Damodaran has issued a nuanced take on India’s economic trajectory, stating that while the country’s growth story is compelling, it is fundamentally different from China’s. Speaking on a podcast with ET BFSI and in a recent interview with Business Today, Damodaran emphasized that India’s democratic structure, policy…
India’s financial future hinges on the ability to democratize credit access, and fintech is the key to unlocking that transformation, according to Niti Aayog CEO BVR Subrahmanyam. Speaking at the Global Fintech Fest 2025 in Mumbai, Subrahmanyam emphasized that India’s credit requirements are “massive,” running into trillions of dollars, and that traditional lending models are…
The ₹11,607 crore initial public offering (IPO) of LG Electronics India has entered its final day of bidding on October 9, 2025, with robust investor interest and a steady grey market premium (GMP) indicating positive sentiment. The IPO, entirely an offer for sale (OFS) by Korean parent LG Electronics Inc, has been oversubscribed 3.32 times…
