Meesho is targeting a $6 billion valuation as it prepares for a December IPO. The e-commerce firm is also in talks with SBI Funds for a pre-IPO placement that could alter issue size. Meesho plans to raise Rs 42.5 billion through fresh shares, alongside a major offer for sale by existing investors.
Qatar halts output: LNG firms tank 5-10% on supply concerns
Liquefied natural gas company shares are falling sharply. Qatar, a major gas supplier to India, has stopped production. This follows an Iranian drone attack on