Walmart-backed Indian fintech PhonePe files for IPO of around $1.3 bln- report

CapitaLand India Trust is reportedly in advanced discussions to sell its office parks to Viko Group for up to $140 million. This move is part of CapitaLand's strategy to streamline its portfolio in India, reflecting a broader trend of companies reassessing their investments in the region. The outcome of this deal could significantly impact CapitaLand's financial position and operational focus in India.

India's Commerce Minister Piyush Goyal has expressed the country's desire to boost its imports of oil and gas from the United States. This move comes as trade talks between the two nations resume, with India also seeking to negotiate lower tariffs on its exports. Strengthening energy ties with the US could enhance India's energy security and foster a more robust trade relationship, making this a significant development for both countries.

Walmart-owned Indian fintech Phonepe has confidentially filed for an IPO valued at around 120 billion rupees. This move is significant as it highlights the growing confidence in India's fintech sector and Phonepe's position as a key player in the market. With the increasing digital payment adoption in India, this IPO could pave the way for further investments and innovations in the industry.

Walmart is offering a stylish all-steel platform bed frame for just $97, making it an affordable option for those looking to upgrade their bedroom without the need for a box spring. This deal not only saves you money but also provides a sturdy and modern solution for your sleeping needs, which is great news for budget-conscious shoppers.

US President Donald Trump's recent proposal to impose a $100,000 fee on H-1B visas is prompting investors to focus on Indian stocks that are more domestically driven. These stocks are seen as less susceptible to the impacts of Trump's America First policies, making them an attractive option for those looking to capitalize on India's economic potential. This shift in investment strategy highlights the resilience of India's market amid global uncertainties.

Oklo's stock has seen an impressive surge of 554.26% year-to-date since its IPO in 2024, highlighting its potential as a high-risk, high-reward investment. This remarkable growth not only reflects investor confidence but also positions Oklo as a notable player in the market, making it a topic of interest for those looking to capitalize on emerging opportunities.

Walmart has launched a remarkable portable speaker that combines impressive audio quality with stunning lighting effects, and it's currently available for just $18. This deal is significant because it makes high-quality sound accessible to a wider audience, allowing more people to enjoy great music on the go without breaking the bank.

Walmart is offering a stylish and sturdy bookcase originally priced at $95 for just $53, making it an attractive deal for shoppers. Customers have praised its easy assembly and appealing design, highlighting how it enhances their living spaces. This discount not only provides a budget-friendly option for home decor but also showcases Walmart's commitment to offering quality products at accessible prices.

The ongoing trade war initiated by President Trump is expected to significantly impact global economic growth this year, with projections indicating that the full effects will be felt into the next year. This situation arises from the imposition of tariffs on goods from both allies and rivals, including the European Union, Canada, India, and China. Understanding these developments is crucial as they could lead to increased costs for consumers and businesses alike, potentially slowing down economic progress worldwide.

Walmart's popular Adirondack patio rocking chair, originally priced at $150, is now on sale for just $64, making it an attractive option for shoppers looking to enhance their outdoor space. Customers are raving about its design, calling it 'a great looking chair!' This sale not only offers significant savings but also highlights Walmart's commitment to providing quality outdoor furniture at affordable prices.

Walmart has introduced a machine-washable area rug priced at just $17, which has garnered positive reviews for its ease of movement and cleaning. This affordable option is perfect for those looking to enhance their home decor without breaking the bank, making it a practical choice for busy households.

This week, Senator Marco Rubio highlighted significant progress in discussions between the United States and India, emphasizing the strengthening of bilateral relations. This is important as it reflects a growing partnership that could enhance economic ties and security cooperation between the two nations, which is crucial in today's geopolitical landscape.

Facing a rejected business loan application can be disheartening, but it's important to remember that this setback doesn't have to define your entrepreneurial journey. Understanding the reasons behind the rejection can help you improve your chances in the future. This article provides practical steps to take after a rejection, such as reviewing your credit score, improving your business plan, and exploring alternative funding options. Knowing how to navigate this situation is crucial for small business owners looking to secure the necessary funds to grow and succeed.

Evercore ISI has lowered its price target for Accenture's stock to $300, citing various cross-currents affecting the company's performance. This adjustment reflects concerns about market conditions and potential challenges ahead for Accenture, which could impact investor confidence and stock performance. Understanding these shifts is crucial for stakeholders as they navigate the evolving landscape.

Alibaba has unveiled ambitious plans to invest in new data centers and has also revealed a powerful AI model. This move is significant as it highlights Alibaba's commitment to enhancing its technological infrastructure and staying competitive in the rapidly evolving tech landscape. The investment in data centers will not only boost the company's capabilities but also support its growing AI initiatives, which are crucial for future innovations.

Eli Lilly has labeled the UK as the 'worst country in Europe' for drug prices, highlighting ongoing concerns about the affordability of medications in the region. This statement comes amid a backdrop of rising gold prices, which are nearing record highs. John Roberts, CEO of AO World, also expressed the challenges retailers face, particularly in light of the UK's new employment rights bill. This situation is significant as it underscores the broader economic pressures affecting both healthcare and retail sectors in the UK.

Goldman Sachs has reaffirmed its Buy rating for Zalando, signaling confidence in the company's growth potential. This endorsement is significant as it reflects the investment bank's belief in Zalando's ability to navigate the competitive online retail landscape successfully. Investors often look to such ratings as indicators of future performance, making this news particularly relevant for those interested in the stock market.

Donald Trump has labeled climate change as 'the greatest con job ever,' a statement that contrasts sharply with the views of many CEOs who acknowledge the scientific consensus on the issue. This divergence highlights a significant divide in public opinion and corporate responsibility regarding environmental challenges. As climate change continues to impact global economies and ecosystems, the stance of influential leaders like Trump could shape policy and public perception, making it crucial for businesses to align with scientific understanding.