LG’s Mega IPO | CG Power’s Big Moves | Tata Motors’ Rough Ride | Top 5 News

LG Electronics India is set to hit the stock market after securing approval from SEBI for its massive ₹15,000 crore IPO. This marks the second South Korean company listing in India after Hyundai Motors India went public last year.

India’s auto industry has been on a tear, with vehicle sales crossing 4 million annually, making it the third-largest car market globally. The Nifty Auto Index surged 36% annually from pandemic lows, outpacing the broader market.

CG Power is riding India’s infrastructure wave, securing a ₹450 crore contract for Vande Bharat trainsets—pushing its stock up 2.7% despite a recent market dip.

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