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Attention traders! 37 million JSW Cement shares, representing 3% of equity and valued at $62 million, become available for trading today as the one-month shareholder lock-in period expires. This event, the largest among peers this month, is expected to increase liquidity but could also create downward pressure if investors choose to sell.
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News and Media
Airfloa Rail Technology's SME IPO will launched today. The IPO sees significant investor demand. The company plans to raise approximately Rs 91 crore through a fresh equity sale. The IPO will remain open until September 15. Airfloa manufactures components for Indian Railways and the aerospace and defence sectors.
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News and Media
Global auto brands are now looking at Chinese technology for electric vehicles. Audi already built an EV using Chinese tech. Toyota and Volkswagen also have similar plans. Renault and Ford may develop global models using Chinese platforms. Chinese firms get revenue and global firms get technology. This helps them launch EVs faster amid a price war.
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News and Media
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