The SME IPO of Sunlite Recycling Industries opened for subscription on August 12 and closed on August 14. The company aimed to raise Rs 30.24 crore by offering shares priced between Rs 100 and Rs 105. Proceeds will fund capital expenditure, debt repayment, and general purposes. Shares are set to be listed on the NSE SME platform on August 19.
Tesla’s $584 billion wipeout: 4 forces behind the EV giant’s accelerating 45% stock car
Tesla’s lead in EV infrastructure is at risk. In March, Chinese competitor BYD launched a next-gen fast-charging station that provides 400 kilometers (around 250 miles)