The business world is abuzz today with the launch of Kataria Industries’ ₹ 54.58 crore Initial Public Offering (IPO). The IPO, open for public subscription from July 16-19, will consist of a fresh issue of 56.85 lakh shares. The bidding by anchor investors began a day earlier. The company’s shares are expected to be listed on the NSE SME platform Emerge on July 24.
In a significant development in the Mumbai BMW hit-and-run case, the police custody of Mihir Shah, the primary accused, ends today. The ruling Shinde-led Shiv Sena had expelled its deputy leader, Rajesh Shah, following Mihir Shah’s arrest.
Technology enthusiasts are eagerly awaiting the OnePlus Summer Launch event, scheduled for 6:30 PM IST today. OnePlus will unveil its latest products, including the OnePlus Nord 4, OnePlus Nord Buds 3 Pro, OnePlus Watch 2R, and OnePlus Pad 2. The event will be streamed live on the company’s social media platforms and YouTube channel, with the new products available for purchase in India on Amazon.
On the diplomatic front, External Affairs Minister S Jaishankar is set to begin a two-day visit to Mauritius today. The visit aims to strengthen bilateral ties between the two countries. Jaishankar will meet with Prime Minister Pravind Jugnauth and other senior ministers. This visit follows the recent visit of Mauritius Prime Minister to India and marks one of Jaishankar’s first bilateral engagements since his re-appointment.
