Mexico’s decision to raise tariffs on India is set to impact $1 billion car exports from the world’s third largest car market, including those by Volkswagen Group AG and Hyundai Motor Co., despite the industry lobbying against such a move. Škoda Auto Volkswagen India Pvt. Ltd., a wholly owned subsidiary of Germany’s Volkswagen Group, accounts […]
Tata Consultancy Services Ltd. has denied a report published in The Telegraph UK that Marks & Spencer’s Plc has scrapped its contract with India’s largest outsourcer. TCS has a $1-billion contract with Marks & Spencer’s. (Reuters) “The report published…is misleading, with factual inaccuracies including the size of contract and the continuity of of TCS’ work […]
Lenskart Solutions Pvt. Ltd. is seeking a valuation of up to $8 billion in an IPO that will potentially make its co-founder Peyush Bansal a billionaire. As of March, Lenskart operated 2,723 stores—across India and in markets such as the Middle East and Southeast Asia. (Company Website) India’s largest organised eyewear retailer will issue shares […]
Coca-Cola Co. is considering a listing for its bottler in India in an IPO that can fetch up to $1 billion, according to people familiar with the matter. A Coca-Cola India IPO would only happen in 2026, if the talks hold through. (AFP) The American company has met with bankers in recent weeks to discuss […]
