E-commerce platform Meesho plans to raise ₹4,250 crore via a fresh issue for cloud infrastructure and capital expenditure, alongside an ₹1,171.2 crore offer for sale. Despite revenue growth, the company reported an increased net loss in FY25, though it narrowed in the six months to September.
Global Market Today: Asian stocks climb after tech shares power Wall Street
MSCI Inc.’s gauge of Asian shares climbed 0.5%, with memory chipmakers Samsung Electronics Co. and SK Hynix Inc. the top contributors to gains. South Korea’s