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electric vehicle maker Euler Motors on Wednesday said it has secured up to USD 20 million in debt from responsAbility Investments AG to ramp up production and distribution networks as well enhance research and development capabilities. The fresh capital infusion comes close on the heels of the company closing its Series C funding round, raising an additional Rs 200 crore from investors including British International Investment, Blume Ventures, and Piramal Alternatives India Access Fund, Euler Motors said in a statement.

NARCL) has emerged as the preferred bidder to take over the distressed Jaiprakash Associates Ltd (JAL) after process advisor IDBI Capital Markets & Securities (ICMS) did not receive any competing bid to the Rs 12,000 crore offer by the government backed bad loan aggregator.

REC Ltd. 1.9 per cent to Rs 485.60 at 10:25AM (IST) in Wednesday's trade. The stock hit a high of Rs 486.50 and low of Rs 475.25 so far during the session. The stock had closed at Rs 476.50 in the previous session. The counter had a total traded volume of 10:25AM shares so far with a turnover of Rs 5.10 crore on BSE. The stock traded at a price-to-earnings multiple of 8.55 and a price-to-book ratio of 1.73.

Bajaj Holdings & Investment Ltd. traded 1.95 per cent in Wednesday's trade at 10:20AM (IST). Around 372 shares changed hands on the counter. The stock opened at Rs 11090.00 and touched an intraday high and low of Rs 11090.00 and Rs 10725.15, respectively, in the session so far. Shares of the company of Bajaj Holdings & Investment Ltd. quoted a 52-week high of Rs 13221.50 and a 52-week low of Rs 7667.15.

Indian Hotels Company Ltd. traded 2.41 per cent up at Rs 800.80 at around 10:15AM (IST) on Wednesday. The stock had closed at Rs 781.90 in the previous session. Equity benchmark Sensex traded 239.07 points at 76738.7 around the same time.

ICICI Securities has an add call on Sagility India with a target price of Rs 55. The current market price of Sagility India Ltd. is Rs 48.95. Four-pronged go-to-market strategySagility India Management's four-pronged strategy includes: 1) Continued mining of top clients? e.g. several top clients continue to grow in double digit, thus, increasing wallet share, 2) investing heavily to increase penetration into mid and smaller segment payers as Blue Ocean, 3) investing in technology such as AI, full scale platform based solutions, solution-bundling, and 4) M&A to enable inorganic growth, especially focussing on capability-based or mid-market segment acquisitions.

Every year, 15 January is commemorated as ‘Army Day’ to remember the occasion when General (later Field Marshal) KM Cariappa took over the command of the Indian Army from General Sir FRR Bucher, the last British Commander-in-Chief in 1949 and became the first Indian Commander-in-Chief of Independent India. The Indian Army originated from armies of the East India Company which later became the British Indian Army and the Princely States Army, and after independence in 1947, merged into the National Army of India. The units of the Indian Army have fought many battles in the past where they gained honor for the country with their bravery. The Indian Army has the sole objective of protecting the nation from any foreign aggression that arises, ensuring the nation's security. They also try to protect the nation from internal threats. During natural calamities, the Indian Army conducts humanitarian rescue operations to save people's lives. In a landmark announcement on January 1, 2025 Defence Minister Rajnath Singh declared 2025 as the 'Year of Reforms', signalling a decisive shift towards a more agile, technologically advanced, and combat-ready Armed Forces, said a statement from the Indian Army. The 'Year of Reforms' comes on the heels of the Indian Army's 'Year of Transformation' (2023) and 'Years of Technology Absorption' (2024 and 2025). However, acknowledging the long gestation period required for meaningful change, the Indian Army has already identified 2023 to 2032 as the 'Decade of Transformation'. The announcement of 2025 as the 'Year of Reforms' provides strategic direction and impetus to this long-term initiative. Why is Indian Army Day celebrated on January 15? Army Day is celebrated on this day to remember

buy call on Shriram Finance Ltd. with a target price of Rs 700. The current market price of Shriram Finance Ltd. is Rs 523.15. Shriram Finance, incorporated in 1979, is a Large Cap company with a market cap of Rs 98546.79 crore, operating in NBFC sector. Shriram Finance's key products/revenue segments include Interest, Other Operating Revenue, Fees & Commission Income, Income From Financial Services, Income From Sale Of Share & Securities, Dividend and Rental Income for the year ending 31-Mar-2024.

Rajnath Singh on Wednesday extended his heartfelt greetings to the brave soldiers, officers, and families of the Indian Army on the occasion of 77th Army Day.

Biden on Tuesday signed an ambitious executive order on artificial intelligence that seeks to ensure the infrastructure needed for advanced AI operations, such as large-scale data centers and new clean power facilities, can be built quickly and at scale in the United States.

Axis Securities has an overweight call on Lupin with a target price of Rs 2600. The current market price of Lupin is Rs 2160. Lupin, incorporated in 1983, is a Large Cap company with a market cap of Rs 99094.85 crore, operating in the pharmaceuticals sector. Lupin's key products/revenue segments include Pharmaceuticals, Other Services, Export Incentives, Other Operating Revenue and Scrap for the year ending 31-Mar-2024.

Subscribe to enjoy similar stories. Europe is beset by troubles, and the policies of the incoming Trump administration will deepen them. During his first term, Donald Trump insisted that the North Atlantic Treaty Organization's European members pay more for their own defense.

Yoon Suk Yeol over his brief imposition of martial law last month. In a video message recorded before he was escorted to the headquarters of an anti-corruption agency, Yoon lamented that the «rule of law has completely collapsed in this country» but said he was complying with the detention warrant to prevent clashes between law enforcement officials and the presidential security service.

U.S. Securities and Exchange Commission for having failed to timely disclose purchasing more than 5% of Twitter's common stock in March 2022. In a complaint filed in Washington, D.C., federal court, the SEC said the delay allowed Musk to continue buying Twitter shares at artificially low prices, allowing him to underpay by at least $150 million.

Gold prices were subdued on Wednesday as investors remained cautious ahead of the U.S. consumer price inflation data that could provide more clarity on the Federal Reserve's interest rate trajectory. FUNDAMENTALS

Digantara said it has successfully launched its SCOT (Space Camera for Object Tracking) mission for space surveillance which will detect and track objects as small as 5 cm. The launch took place on Tuesday night aboard SpaceX’s Transporter-12 mission. SCOT aims to enhance space safety, optimize traffic management, and bolster national security initiatives, the startup said.

India’s power sector with a ravenous appetite. With an opportunity to strengthen its new energy sources, India’s power sector is at the forefront of the government’s focus.

A federal appeals court says the U.S. Securities and Exchange Commission needs to better explain why it turned down a request from Coinbase to develop regulations to cover the booming crypto asset sector

The November figure — the latest number officials disclosed by RBI – shows REER was 108.14. This means that the rupee is overvalued by 8.1 percent relative to its intrinsic value. Since December, the rupee has fallen about 2 percent.

Singapore’s Immigration and Checkpoints Authority (ICA) has raised alarm over a significant rise in "sham marriages" — unions arranged for the sole purpose of securing immigration benefits. These marriages, often arranged by syndicates, predominantly involve Singaporean men marrying foreign women in exchange for payment, granting the women the ability to stay or work in Singapore. The ICA recorded 32 such cases between January and September 2024, a sharp increase compared to just four cases in the same period in 2023.

Gaza ceasefire talks have resumed in Qatar, with mediator Qatar indicating that a deal between Israel and Hamas is «very close.»