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Indias primary market is set for a busy week, with Rs 6,900 crore expected from 12 IPOs. Meesho leads the lineup with its Rs 5,421-crore issue, alongside Aequs and Vidya Wires on the mainboard. Nine SME IPOs will also open, keeping subscription activity high as December begins.
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News and Media
Under the changes adopted on 13 November, a new Federal Constitutional Court (FCC) has been given powers over constitutional cases, replacing the previous authority of the Supreme Court, which will now only deal with civil and criminal cases.
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News and Media
Meeshos 5,421-crore IPO opens next week with a strong GMP and improving fundamentals, but profitability and competition remain key risks.
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News and Media
Amidst a whirlwind of political drama, a judge has commenced an inquiry into some of the actions of the Trump administration. In a strange turn of events, two flights carrying Venezuelan refugees were rerouted to El Salvador instead of returning to the US. The judge suspects his directives were disregarded and is now requesting formal statements from involved officials.
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News and Media
Airbus A320 recall: In one of the biggest recall in aviation history, Airbus issued an advisory for its Airbus A320 aircraft. The directive was issued after a critical software flaw was found during a flight in October 30 which experienced sudden plunge. As per the investigation, an intense solar radiation corrupted the data, causing the aircraft to plunge. This led to a global recall of thousands of A320-family jets.
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News and Media
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