Samsung Electronics’ shares surged over 6% after the tech giant and its union reached a tentative pay deal, averting a potential strike. The planned 18-day walkout by nearly 48,000 members will be suspended pending a vote on the agreement. This development boosted the benchmark KOSPI index.
Paytm block deal: SAIF Partners, others likely to sell stake
Paytm’s existing investors are expected to sell shares in a block deal. The transaction will involve approximately 8.6 million shares. The floor price is set