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2025-05-02 04:09:13| The Economic Times

Ather Energy's IPO allotment is expected to be finalized today, following a subscription rate of just over 1.4 times. Investors can check their allotment status via the BSE website or Link Intime. The grey market premium indicates a flat listing, and shares are slated to list on May 7. The IPO aims to raise funds for expansion and R&D.

Category: News and Media

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2025-05-02 03:36:26| The Economic Times

U.S. stocks surged, with the Dow and S&P 500 achieving their eighth consecutive session of gains, fueled by robust earnings from Microsoft and Meta, which alleviated concerns regarding AI spending. Microsoft's surge briefly positioned it as the world's most valuable company, while Meta's strong advertising performance boosted its revenue.

Category: News and Media

2025-05-02 03:33:45| The Economic Times

President Trump dismissed National Security Advisor Mike Waltz, appointing Secretary of State Marco Rubio as interim replacement. Waltz will be nominated as U.S. ambassador to the U.N. This shake-up follows internal criticism and a Signal app scandal, contributing to broader personnel turmoil within Trump's national security establishment, impacting morale and expertise.

Category: News and Media

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