Dr Agarwals Eye Hospital aims to utilize its IPO proceeds of Rs 3,027.26 crore for debt repayment and general corporate purposes. The company plans a fresh issue worth Rs 300 crore and an Offer for Sale amounting to Rs 2,727.26 crore, targeting to reduce its current debt of Rs 373 crore.
Nvidia’s $589 billion DeepSeek rout is largest in market history
Nvidia’s stock plummeted 17%, wiping out $589 billion in market value, due to concerns over Chinese AI startup DeepSeek’s competitive, low-cost technology. The news spurred