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Top headlines: Ukraine fears lift oil to 7-yr high; Swiggy eyes $800-mn IPO

Business Standard brings you the top headlines on Tuesday

Swiggy
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BS Web Team New Delhi
SoftBank-backed Swiggy eyes $800-mn IPO early next year: Report

Food delivery giant Swiggy is eyeing $800 million in initial public offerings (IPO) next year and has started preparations for the same, a report by Nikkei Asia said.

Swiggy has begun adding independent directors to the board, and plans to position itself as a logistics company and not just a food delivery firm, according to the report. Read more

Ukraine war fears pummel global stocks, lift oil to seven-year high

Stocks slumped and oil surged to its highest in seven years on Tuesday as Europe's eastern flank stood on the cusp of