The recent decision by the German pharmaceutical company Stada to postpone its planned initial public offering (IPO) in Frankfurt has sent ripples through the financial markets. As reported by sources from Reuters, this move stems from increased volatility triggered by geopolitical factors.
Volkswagen AG $VWAGY, a leading global automaker, faces significant financial hurdles in India. The company has filed a lawsuit to contest a tax notice amounting to $1.4 billion, which it deems unreasonably inflated. This legal battle could impact the company's plans in India and raise concerns among foreign investors.