LG Electronics may boost its Indian unit’s valuation to $15 billion for a Mumbai IPO in 2025. The roadshow will begin within two months. The company initially targeted a $13 billion valuation. LG may raise $1 billion to $1.5 billion. Indian IPOs are booming, with nearly $18 billion raised this year.
Dow ends 400 points higher as investors buy AI stocks; Microsoft rallies
Wall Street experienced gains on Friday, driven by positive performance from Microsoft and AI-related technology stocks. High oil prices and rising US Treasury yields created