Rapid-commerce company Zepto Ltd. has filed updated paperwork for whatβs set to be Indiaβs biggest initial public offering this year, bringing to market one of the key companies in a fast-growing industry.
Rapid-commerce company Zepto Ltd. has filed updated paperwork for whatβs set to be Indiaβs biggest initial public offering this year, bringing to market one of the key companies in a fast-growing industry.
Investors remain far from convinced that the sector has found a bottom.
Electronic integrated circuit (EIC) and photonic integrated circuit (PIC) semiconductor chips displayed at the MediaTek Inc. booth at the Computex 2026 expo in Taipei, Taiwan, on Wednesday, June 3, 2026. Computex is Asia's biggest electronics show, one that's transformed in recent years from a PC exhibition into an all-AI affair. Photographer: Lam Yik Fei/Bloomberg
India is considering selling as much as a 2% stake in Hindustan Zinc Ltd. in a transaction that could raise up to 50 billion rupees ($525 million), according to people familiar with the matter.
India is considering selling as much as a 2% stake in Hindustan Zinc Ltd. in a transaction that could raise up to 50 billion rupees ($525 million), according to people familiar with the matter.
The Ministry of Finance in New Delhi. Photographer: Prakash Singh/Bloomberg
The asset-sale push comes even as Indiaβs equity capital market activity has slowed over the past two months.
Narendra Modi, India's prime minister, speaks during a news conference in New Delhi, India, on Saturday, Feb. 21, 2026. Brazil and India are set to strengthen cooperation on critical minerals and artificial intelligence, as the two nations position themselves as leading voices for the developing world amid a fragile global order. Photographer: Prakash Singh/Bloomberg