Walmart Inc.-backed PhonePe Ltd. has deferred its listing plans, becoming one of the first Indian companies to put an offering on hold amid geopolitical tensions and a sharp downturn in equity market… [+184 chars]
Source: Bloomberg
Business
Walmart’s PhonePe Halts India IPO Plan as Market Slump Deepens
Walmart Inc.-backed PhonePe Ltd. has deferred its listing plans, becoming one of the first Indian companies to put an offering on hold amid geopolitical tensions and a sharp downturn in equity markets.
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