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A day after the federal government announced that its rebate program to lower the cost of electric vehicles had run out of funding, the auto sector is banding together to renew its calls to eliminate EV sales mandates.

Pixxel, a five-year-old startup, launched the first three commercial satellites of its Firefly constellation on Tuesday night. The Bengaluru-based hyperspectral imaging and Earth Observation (EO) startup plans to launch a total of 18 satellites in its constellation, providing critical climate and Earth insights to industries globally.

Subscribe to enjoy similar stories. China is walking a tightrope on its currency. Economic fundamentals suggest a weaker yuan, but the specter of capital outflows still haunts Beijing, making it wary of any sharp moves in the currency.

«23,000 is a support level that we are looking at and on the upside 23,500 is the resistance that we are looking at. Although if it fails to hold 23,000, we could see a more downside move towards 22,650 levels. Now, this is the range and the band coming out for Nifty,» says Shivangi Sarda, Motilal Oswal Financial Services. Give us a sense of what you are making of the market move right now because after seeing a continuous series of red, whatever little recovery we are seeing on the markets, do you think this is here to stay, this is sustainable and even though it is inch by inch, do you think we are out of the danger now? Shivangi Sarda: So, we have seen that there has been some sort of a pullback move, but of course, it is the Sankranti effect. We have seen that there has been some stability around 23,000 zones. But then again, we will have to see how sustainable these levels are because we have still not managed to cross its previous day's high.

Barflex Polyfilms was fully subscribed on Tuesday, the third day of bidding with an overall subscription of 6.11 times as of 11:40 AM. The company aims to raise Rs 39 crore through the SME IPO, with the shares set to list on the NSE SME platform. The retail portion of the issue was subscribed by 9.58 times, while the issue was subscribed 6.16 times in the non-institutional investors category on the third day of bidding. Meanwhile, the qualified institutional buyers had not made any bids yet.

telecom spectrum in 6-Ghz band could lead to a radio wave crunch for high-speed 5G services, a key growth driver for the country's digital economy and development of emerging technologies specially artificial intelligence, industry body COAI said on Tuesday.

Indobell Insulation will debut on the exchanges on Monday. Ahead of the listing, the company's shares were trading with a GMP of Rs 39 in the grey market. Considering the upper price band of Rs 46, the stock is expected to list at a premium of 85% over the issue price.

EMA Partners India on Saturday said it is looking to raise Rs 76 crore on the NSE's Emerge platform through an initial public offering, which will open for public subscription on January 17. The issue with a price band of Rs 117-124 apiece will conclude on January 21. The bidding for anchor investors will open for a day on January 16, the company said in a statement. At the upper end of the price band, the company will raise about Rs 76.01 crore.

shares to nearly 1.31 crore shares. The initial public offerings (IPO) will conclude on January 15, while bidding for anchor investors is to open for a day January 10, the company said in a statement.

The School of Rock band got back together — albeit briefly — to celebrate the wedding of two of the 2003 comedy’s co-stars.

₹410.05 crore-worth Standard Glass Lining IPO comprises a fresh issuance of equity shares worth ₹210 crore and an offer-for-sale (OFS) of up to 1.43 crore equity shares by its promoters and other selling stakeholders. Standard Glass Lining IPO price band has been set at ₹133 to ₹140 per share. The equity shares of Standard Glass Lining Technology will be listed on BSE and NSE.

Subscribe to enjoy similar stories. The remarkable insights into the changing pattern of household consumption thrown up by the latest Household Consumption Expenditure Survey (HCES) 2023-24 are of special relevance for a wide range of policy decisions. Take, for instance, an issue that seemed to have become a bone of contention between the government and the Reserve Bank of India (RBI): the role and relevance of food inflation in computing consumer-price inflation and hence in formulating monetary policy.

Technichem Organics will debut on the BSE SME platform on Tuesday. Ahead of the listing, the company's shares are trading with a GMP of Rs 16 in the grey market. Considering the upper price band of Rs 71, the stock is expected to see a listing premium of 29% over the issue price.

Fabtech Technologies was fully subscribed on Monday, with overall subscriptions of 94.08 times by 1:02 PM on the second day of bidding. The company aims to raise Rs 28 crore through the SME IPO, with shares set to list on the BSE SME platform. The retail portion of the issue was subscribed 158.99 times, while the non-institutional investors category was subscribed 70.93 times on the second day of bidding. Meanwhile, the allocation for qualified institutional bidders was booked 3.75 times.

infrastructure investment trust sponsored by Gawar Construction Ltd, on Friday said it has fixed a price band of Rs 99-100 per unit for its Rs 1,578-crore initial public offering (IPO). The IPO that opens for public subscription on January 7, will conclude on January 9, the company said in a statement. The public issue of Capital Infra Trust (formerly National Infrastructure Trust) is set to become the first InvIT IPO of 2025.

ICICI Prudential Mutual Fund (MF), Kotak MF, Tata MF, Motilal Oswal MF, 3P Investment Managers, Kotak Infinity Fund — Class AC, ITI MF, Massachusetts Institute of Technology, Amansa Holdings, and Clarus Capital were anchor investors, according to a circular uploaded on BSE website. According to the circular, Standard Glass Lining Technology Ltd has allotted 87.86 lakh shares to 10 entities at Rs 140 per equity share, which is also the upper end of the price band. This aggregates the transaction size to Rs 123.01 crore.

SME IPO of Fabtech Technologies will open for subscription today and will close on January 7. The company aims to raise Rs 28 crore through the SME IPO and list the shares on BSE SME platform. Here are 10 key things investors need to know about the public offer before subscribing to the issue.

telecom operators to cover more areas with fewer base stations, reducing both cost and their carbon footprint.

₹204 to ₹215 per share. At the upper end of the price band, the company aims to raise ₹260.15 crore from the book-built issue, which is a combination of a fresh issue of 86 lakh equity shares worth ₹184.90 crore and an offer-for-sale of 35 lakh shares amounting to ₹75.25 crore.

The retail portion of the issue was subscribed at 45.76 times, while the issue was subscribed 131.84 times in the non-institutional investors category. The allocation for qualified institutional bidders was booked 11.96 times.

Republic Day 2025 marks India’s celebration of its adoption of the Constitution, an occasion that resonates with national pride and unity. This year’s festivities promise grandeur and innovation, like ever year, showcasing the country’s rich cultural heritage, technological advancements, and the spirit of democracy. The celebrations will include the iconic Republic Day Parade at Kartavya Path, featuring spectacular tableaux from states and union territories, breathtaking military displays, and cultural performances by schoolchildren. The Beating Retreat ceremony, a historic tradition held at Vijay Chowk, will cap the celebrations, featuring mesmerising performances by military bands and a poignant display of patriotism.