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    Noel Tata warns Tata Sons listing could put profits ahead of philanthropy, says it may change the ‘Tata way’

    Tata Trusts Chairman Noel Tata raised concerns about a public listing of Tata Sons potentially altering its philanthropic ethos. He emphasized that a wider shareholder base may prioritize profit over social responsibility, which could significantly change the group's operational philosophy. Tata Trusts intends to collaborate with regulators to uphold the founding values of the Tata Group.

    21-year-old Mumbai student pays Rs 2.73 lakh in college fees, invests Rs 40,000 in SIP: Check her October expense breakdown

    A 21-year-old Mumbai engineering student's October spending breakdown has highlighted her financial priorities, including a Rs 40,000 monthly SIP, Rs 23,000 in rent and Rs 6,300 in subscriptions. Her Rs 2.73 lakh engineering fee is the biggest listed expense, offering a glimpse into how education and investments feature in her finances.

    Anthropic IPO buyers have more influence on price than SpaceX

    Anthropic PBC is gearing up for its initial public offering, setting ambitious price targets to capture investor interest. The firm aspires to achieve record fundraising that could eclipse SpaceX's previous achievements. High-profile tech investors back Anthropic's private financing, indicating strong market confidence. Its traditional IPO pricing strategy, distinct from SpaceX's, positions Anthropic to navigate through the challenges of market fluctuations smoothly.

    Coca-Cola CEO to visit India ahead of HCCH $1-billion listing

    Coca-Cola's CEO, Henrique Braun, is visiting India for three days to discuss the upcoming IPO of Hindustan Coca-Cola Holdings. His schedule includes meetings with various stakeholders including bottling partners and bankers. The IPO is expected to reduce Coca-Cola's holding in HCCH from 60% to 45%. Additionally, India is emerging as a pivotal market for Coca-Cola amid increasing competition. The company's valuation is projected at around $10 billion following the IPO.

    After CM Yogi Adityanath's post-SIR voter list concerns, UP BJP on overdrive

    BJP's Uttar Pradesh unit has initiated a month-long campaign to include eligible voters in electoral rolls. Chief Minister Yogi Adityanath has expressed concerns over missing Hindu voters and the need for inclusion. The party aims to add at least 50 names at every polling booth during this initiative. A workshop was organized to train workers for the special summary revision process.

    Razorpay moves closer to public market debut as Sebi gives green signal to IPO

    Razorpay has received Sebi's approval for its proposed IPO, bringing the fintech company's stock market debut closer. Targeting a potential 2027 listing, the company is reportedly exploring a Rs 5,500-6,500 crore fundraising amid valuation and profitability scrutiny.

    The Economic Times
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