Usha International, a company with roots in pre-independence India, is exploring a public listing. Promoters, including Krishna Shriram, are considering this move. The company, incubated by Delhi Cloth and General Mills, aims to support its future growth and expansion plans. Details on the potential initial public offering’s size and timing are not yet available.
India valuations hit 6-year low, but stocks still expensive than EM peers
India’s equity valuations have reached their lowest levels in six years after a recent market decline. Factors contributing to this decline include foreign selling, a
October 26, 2026