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Finance & Markets

KOSPI Plunges 5.46%, Nearly Triple Japan and Taiwan's Losses

South Korea's benchmark KOSPI experienced extreme volatility as massive foreign selling briefly pushed the index below the 6,000 mark. Although uncertainty surrounding the global semiconductor industry weighed on Asian equity markets, South Korea's memory chip-heavy market suffered significantly ste

We haven't written up this one. BusinessKorea has the full story — the link below goes straight to it.

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Can Fusion CX IPO deliver long-term growth for high-risk investors?

Fusion CX is poised to raise ₹500 crore through a fresh equity offering and ₹202 crore via an offer for sale. Post-IPO, the promoter's stake will be trimmed to about 80%.

  • Fusion CX raises capital via IPO to reduce debt and fund acquisitions.
  • Revenue and profits surge 3 years, company becomes debt-free post-IPO.
  • 13,735 employees, 40 delivery centers, 2 sales offices in 13 countries.

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