Apollo Global Management is exploring an IPO for Tenneco Inc.’s India business, potentially valuing it at around $2 billion. Tenneco, acquired by Apollo for $7.1 billion in 2022, could raise $400 million to $500 million through the IPO, reflecting India’s vibrant market.
What led to rupee becoming Asia’s worst performing currency in May?
The Indian rupee experienced a decline in May, becoming the worst-performing Asian currency due to tariff uncertainties, border tensions, and expectations of monetary easing. The
May 31, 2025