Coca-Cola’s Indian bottling business files for IPO; 99.75 crore shares up for sale

Coca-Cola’s India bottling arm files IPO papers NEW DELHI: The Coca-Cola Company’s Indian bottling business, Hindustan Coca-Cola Holdings Ltd (HCCH), has initiated the process for a stock market listing by filing its draft IPO papers with the Securities and Exchange Board of India (Sebi).The proposed initial public offering (IPO) will involve the sale of up…

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Goldman Sachs: As AI stocks correct, Goldman Sachs sees opportunity in healthcare and non-AI equities

The US midterm elections could accelerate the ongoing rotation in stock markets, with healthcare emerging as a potential defensive investment amid a correction in artificial intelligence (AI)-related stocks, according to Lou Miller, global head of custom basket trading at Goldman Sachs.Speaking on Goldman Sachs’ The Markets podcast, Miller said investors had already started moving towards…

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Uae Natural Gas Shipments: Why new LNG projects may not prevent a global gas crunch this winter

Global natural gas supplies could tighten further during the 2026–27 winter heating season as disruptions to shipments through the Strait of Hormuz continue to affect the global liquefied natural gas (LNG) market, the International Energy Agency (IEA) has warned.In its report, the IEA described the disruption as an unprecedented supply shock, noting that LNG loadings…

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Seize, sell Tata Power’s shares in arms: Court

Kleros says Singapore court has ordered authorities to take action in $650Mn awardMUMBAI: Tata Power’s legal battle with Kleros Capital Partners, a British Virgin Islands-incorporated resource and infrastructure investment firm, has taken a significant turn after a Singapore court authorised the seizure and sale of shares held by the Tata Group utility in two of…

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Republicans spent more, Democrats won more: Inside the costliest US midterm battle

Republicans lose US midterm despite record spending The 2026 US midterm elections saw record campaign spending, with Republicans spending a whopping 60% more than Democrats but still lost seven stronghold seats.The results also reflected growing opposition to data centre projects and a shift in Latino voters’ support towards Democrats. The party won both chambers of…

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US stocks: Wall street bounces back in green after hitting 18-month low as chipmakers rally

Wall Street bounces back after days of decline Wall Street rebounded from its 18-month low on Friday, led by a sharp recovery in semiconductor stocks, as investors assessed the potential impact of Democratic election victories on the US artificial intelligence (AI) industry.The recovery followed a steep selloff in the previous session, triggered by fears that…

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