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‘Namaste…’: LG Electronics India MD Hong Ju Jeon’s Hindi speech wins applause; stock makes record debut with 50% premium

LG India MD Hong Ju Jeon (Screengrab-PTI) LG Electronics India made a striking debut on the National Stock Exchange (NSE) and BSE on Tuesday, but it was managing director Hong Ju Jeon’s decision to deliver his entire speech in Hindi that stole the spotlight.Jeon, who took charge as MD of LG Electronics India in January…

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LG Electronics India’s stellar 50% premium listing: $13 billion giant more valuable than South Korean parent! Top 5 takeaways

LG IPO performance stands as the most impressive among Indian offerings exceeding one billion dollars since 2021. (AI image) LG Electronics India on Tuesday had a stellar listing on the stock exchanges NSE and BSE, debuting at a whopping premium of 50% above its share price issue. Trading commenced at Rs 1,715 on BSE and…

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Tata Capital IPO: GMP crashes to just 3% – why is grey market premium down despite favourable brokerages outlook?

Tata Capital GMP: The conservative GMP indicates investor wariness regarding immediate returns. (AI image) Tata Capital IPO: The initial public offering of Tata Group’s flagship financial services arm Tata Capital got a big thumbsup from brkokerages, with several positive reviews. Yet, the Grey Market Premium (GMP) has crashed to just 3%. The GMP is usually…

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Festive cheer for India Inc: Households splurge on upgrades, go premium

MUMBAI: From smartphones priced over Rs 20,000 to large TV sets, washing machines, premium furniture and AI appliances, Indians splurged on big-ticket purchases and upgrades this Navratri-Dussehra season, keeping up with the premiumisation trend that has been defining festive shopping for quite some time now. Savings made from GST reductions have only allowed more people…

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