Carlsberg
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Carlsberg Is Said to Be Near Filing for $700 Million India IPO
A bar advertising Carlsberg beer in Copenhagen, Denmark. Photographer: Hilary Swift/Bloomberg
India IPO gold rush becomes foreign firms’ cash-out machine
Foreign companies are increasingly using India’s booming initial public offering (IPO) market to cash out investments and send billions of dollars back to their home countries rather than raise fresh capital for expansion, according to a Reuters analysis. As per the report, only one of the six foreign-based companies that listed their Indian subsidiaries in Mumbai since 2024 raised new funds. The remaining IPOs were structured entirely as Offer for Sale (OFS) issues, allowing existing...
OpenBSD 7.9 arrives, a diamond in the rough proud of every sharp edge
OpenBSD 7.9 has been released, maintaining its reputation as a highly secure Unix-like operating system. This version introduces modest features, including support for up to 255 processor cores on amd64 machines and improved CPU scheduler understanding for heterogeneous cores. Additionally, it features "delayed hibernation" to manage low battery power and includes updates to LibreSSL and OpenSSH.