Quality Power IPO: Quality Power Electrical Equipments (QPEE) plans to raise 225 crore via fresh equity and 634 crore through an offer for sale in its IPO, reducing promoter stake to 74%. Specializing in HVDC and FACTS components, QPEE is poised to benefit from rising global renewable energy demand.
Elon Musk urged the U.S. to eliminate entire federal agencies to streamline the government and reduce spending under President Trump. At the World Governments Summit, he emphasized a need for re-prioritizing American power, compared to previous interventions abroad. Musk also discussed the potential dangers of artificial intelligence and announced a proposed underground transit network in Dubai.
Tech view: Nifty formed a small red candle with a long upper shadow on the daily chart, signalling selling pressure at higher levels. The 21-Day Simple Moving Average (DSMA) at 23,270 creates a resistance zone between 23,270-23,300, while 22,780 serves as key support. Holding above 22,780, a buy-on-dips strategy remains favourable, said Hrishikesh Yedve of Asit C. Mehta Investment Intermediates.
Address: 164 W. Eugenie St., Chicago Price: $1,350,000 Listing date: Jan. 28, 2025 This four-bedroom, four-and-a-half-bath home in the Old Town neighborhood is one of the historic Olsen-Hansen Row Houses and was once the residence of the home’s designer, architect Harold M. Hansen. Prominent fixtures include the original hardwood flooring, gas lamp ceiling medallions and […]
