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BusinessPhoto: Mercom IndiaBengaluru-based Zetwerk Manufacturing Businesses has filed a red herring prospectus for an initial public offering worth ₹50.12 billion (approximately $526.36 million). The company specializes in energy infrastructure products, including solar modules, module mounting structures, transformers, and other related equipment.
Mercom India··Bengaluru
BusinessPhoto: ET MarketsParamotor Digital Technology has filed updated draft IPO papers with Sebi for a Rs 1,000 crore issue. The IPO includes a fresh issue of Rs 698 crore and an offer for sale of Rs 302 crore. The fintech company plans to use the funds mainly for customer acquisition, technology development, and business expansion.
ET Markets·
WorldPhoto: HT WorldSean "Diddy" Combs was hospitalized after sustaining a head injury during a fight with Jamaican drug lord "Dudus" at Fort Dix federal prison in New Jersey. The 56-year-old rapper, serving a 50-month sentence, was treated for a non-life-threatening injury and returned to prison the same day. The altercation reportedly stemmed from inmate frustration over Diddy's luxurious jail life, leading to searches and confiscation of cell phones.
HT World··Fort Dix
PoliticsPhoto: News18Delhi Chief Minister Rekha Gupta sparked controversy by saying "Unless every Ram is killed, society cannot be cleansed" during a public event. The Aam Aadmi Party called her remarks blasphemous and shared a video clip of her statement. Congress leader Priyanka Kakkar also criticized Gupta and Prime Minister Modi, accusing them of undermining Ramrajya.
News18··Delhi
WorldPhoto: MintKulwant Singh, a Punjab truck driver residing in Dubai for 18 years, won nearly ₹1.23 crore in the Abu Dhabi Big Ticket Series 291 lottery along with five friends. Meanwhile, Kerala engineer Muhammed Ijas C. won about ₹24.5 lakh using a number inspired by his son's birthday.
Mint··Dubai
BusinessPhoto: News18Hi BusinessGold and silver prices fell sharply today, with silver dropping over 4% and gold declining more than 1.5% on the multi-commodity exchange. Silver's price fell by ₹9,400 in a sudden crash, surprising many investors and triggering a rush to sell rather than buy these precious metals.
News18Hi Business·
Mercom India··Bengaluru
Photo: Mercom IndiaBengaluru-based Zetwerk Manufacturing Businesses has filed a red herring prospectus for an initial public offering worth ₹50.12 billion (approximately $526.36 million). The company specializes in energy infrastructure products, including solar modules, module mounting structures, transformers, and other related equipment.
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