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US luxury watchmaker Fossil Group is reportedly exploring an Initial Public Offering (IPO) for its Indian subsidiary, aiming to raise between $300 million and $400 million. This move aligns with a surge of multinational firms listing their Indian operations to tap into robust investor demand. The company manages popular brands like Fossil and Skagen, alongside licensed names.
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Ecognosis Advisory CEO Andrew Freris warns investors to stay away from overvalued US equities inflated by AI hype, calling US-China trade talks “meaningless” amid tariff turmoil. He says inflation pressures are tariff-driven, gold and Bitcoin aren’t true safe havens, and Asian markets — except India — offer stronger value amid global uncertainty and geopolitical tensions.
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Infosys Q2FY26 profit is expected to rise 10% YoY with revenue growth of 10%, supported by large-deal momentum, stable BFSI demand, and cost efficiencies. Investors will watch margin trends, GenAI adoption, and management guidance amid cautious discretionary IT spending.
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Japan’s Nikkei share gauge rebounded on Wednesday from its steepest drop since April, as investors piled back into tech stocks that were pummelled on concerns over China-U.S. trade friction.
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European stocks climbed on Wednesday as upbeat results from France’s LVMH sparked a rally in luxury groups and quelled concerns that slowing global growth and tariff wars are taking a toll on corporate health.
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