ICRA VP Srikumar Krishnamurthy discusses post-COVID PV segment recovery driven by pent-up demand, new SUV launches, and government support for hybrid/CNG vehicles. Despite an elevated base, higher inventory, and softened demand, utility vehicles remain preferred. Temporary discounting reflects a pre-festive marketing strategy, highlighting OEMs’ competitive intensity and M&M’s celebratory offers.
Anthropic targets $90 billion IPO at $1.4 trillion valuation
Anthropic PBC is preparing for an initial public offering aiming for a fully diluted valuation of $1.4 trillion. The company plans to raise up to