NEW DELHI/SEOUL :South Korea's LG Electronics has delayed its Indian unit's IPO plans due to market volatility and is now targeting launching the offering in the second or third quarter of fiscal year 2025-2026, instead of May, a source with direct knowledge said on Wednesday. U.S. President Donald Trump's on-again-off-again tariffs have sparked trade uncertainty and roiled markets globally, with India's benchmark Nifty 50 index roughly 8 per cent off its record high hit in September 2024. LG

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