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BusinessPMI Electro Mobility, an electric bus manufacturer, has filed draft IPO papers with SEBI through a confidential route. The company has not disclosed details like offer size, valuation, or issue timeline. PMI Electro operates a fleet of 3,300 electric buses, marking a significant presence in the electric vehicle sector.
Cnbctv18·14h ago
BusinessNykaa and L’Oréal's corporate venture fund BOLD have partnered to invest minority stakes in emerging Indian beauty and wellness brands. Founders retain full operational control while benefiting from capital, mentorship, and L’Oréal’s global expertise combined with Nykaa’s retail network. This collaboration aims to accelerate growth and help Indian beauty brands scale domestically and globally.
Indianweb2·13h ago
ScienceDuring an excavation in Oceanside, California, paleontologists uncovered fossilized bones of a large hoofed mammal about 12 feet underground in the Santiago Formation. The remains may belong to a thunder beast or swamp rhino. Researchers are currently studying the fossils to determine their exact identity, marking a significant paleontological discovery in the region.
The Times Of India·12h ago·Oceanside
BusinessThe Indian rupee strengthened slightly against the US dollar following a decline in oil prices by about 2% and intervention by the Reserve Bank of India (RBI). Despite oil remaining above $100 per barrel due to geopolitical tensions, RBI measures helped stabilize the rupee amid pressure from higher bond yields and a losing streak in India's stock market. Forward premiums are expected to cool the surge.
The Economic Times·12h ago
Recent X-ray observations of blazars have provided new insights into the mechanisms powering active galaxies. These findings help scientists better understand the energetic processes and emissions from these distant cosmic objects, shedding light on galaxy evolution and high-energy astrophysics.
Google News·12h ago
PoliticsUnion Home Minister Amit Shah highlighted Uttar Pradesh's expanding defence manufacturing during the UP International Trade Show. He cited BrahMos missiles produced in Lucknow and AK-203 rifles made in Amethi, stating these developments are causing sleepless nights for Pakistan.
The Hans India·13h ago·Uttar Pradesh
Cnbctv18·14h ago
PMI Electro Mobility, an electric bus manufacturer, has filed draft IPO papers with SEBI through a confidential route. The company has not disclosed details like offer size, valuation, or issue timeline. PMI Electro operates a fleet of 3,300 electric buses, marking a significant presence in the electric vehicle sector.
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