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The Coca-Cola Company is preparing to take its India bottling business, Hindustan Coca-Cola Holdings (HCCH), public in a significant IPO expected to raise over $1 billion. The listing, likely in 2027, aims to value HCCH at over $10 billion, with Coca-Cola retaining significant shareholding.
CMR Green Technologies, a non-ferrous metal recycler, plans to raise ₹630 crore via an offer for sale. The company, heavily reliant on recycled aluminium, faces commodity price volatility and customer concentration risks. Despite revenue growth and margin expansion, negative operating cash flow and
Indian stocks saw a slight recovery on Tuesday. The Nifty index rose by 0.4%. Analysts expect the market to trade within a range due to global uncertainty and foreign investor selling. Investor focus remains on the RBI monetary policy. IT stocks are also in the spotlight due to positive AI commentar
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Exclusive-SpaceX plans to price record-setting IPO at $135 per share, source says
Federal Reserve Board issues enforcement actions with former employee of Atlantic Union Bank and former employee of Frost Bank
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SpaceX aims to raise $75 billion in its initial public offering by selling 555.6 million shares at a target price of $135 per share, Reuters reported, citing an unidentified source familiar with the matter.
Here are the major earnings before the open Wednesday
The space-tourism company made a move to pay off some debt, but investors aren’t happy that it will issue new shares to do so.
Nuclear stocks rally as top U.S. uranium producer unveils plans to boost capacity
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GameStop reports 14% rise in quarterly revenue, unveils $2 billion share buyback