Adani Enterprises to expand in South India !

Adani Enterprises exploring US$5B AI data center in South India—trending as part of India’s data boom, with MNCs like Google/IBM shifting GCCs from Eastern Europe. 

boAt Founders’ Exit Ahead of IPO: Co-founders Sameer Ashok Mehta (former CEO) and Aman Gupta (former CMO) resigned from executive roles, transitioning to Executive Director and Non-Executive Director positions, respectively. New CEO Gaurav Nayyar was appointed to lead operations. Independent analyst Jayant Mundhra called this a “calculated pre-IPO pivot” to mitigate “key man risk” and strengthen governance, just 29 days before the Draft Red Herring Prospectus (DRHP) filing.

MNC Arms Outpacing Parents: Reports highlighted Indian subsidiaries of MNCs (e.g., Google India, Unilever) outperforming global parents, prompting stake sales for higher valuations. Speculation: More listings like Hyundai’s (October 2024) could follow, with LG Electronics India eyeing a $1.3 billion IPO in October 2025.