Fusion CX is poised to raise ₹500 crore through a fresh equity offering and ₹202 crore via an offer for sale. Post-IPO, the promoter’s stake will be trimmed to about 80%. With impressive revenue and profit growth over the past three years, alongside the acquisition of VA Platinum to bolster its Australian market presence, this IPO presents a compelling long-term investment opportunity for investors.
US stocks: S&P, Nasdaq end over 1% higher as AI-fueled optimism weighs
CoreWeave reported strong earnings, easing investor concerns about spending on AI infrastructure and boosting stock prices. Both the S&P 500 and Nasdaq witnessed gains following