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The IPO will be entirely an offer for sale (OFS) of 1,75,69,941 equity shares by promoters and existing shareholders.

Notably, China accounts for over half of the global EV sales, largely driven by its near dominance in battery production – a critical element for EV manufacturing. In 2023, China’s production of lithium-ion batteries was equivalent to the global demand that stood at 2,600 GWh.

“Praying to Mahaprabhu Jagannath for a speedy recovery and good health for Hon’ble PM Shri @narendramodi ji’s respected mataji Smt Heeraben Modi ji,” wrote Pattnaik on Twitter, along with a picture of the sand art that he based on a photo where Heeraben, 99, can be seen blessing the Prime Minister.

A pre-Incan mummy found in Peru and thought to be between 800 and 1,200 years old, went on display on Tuesday at the San Marcos University in Lima after archaeologists reported finding the remains in an underground tomb in November.

Renowned Telugu film editor Gautham Raju passed away on Tuesday night at his residence in Hyderabad due to health-related ailments. He was 68.

The decade-long study added that poor sleeping patterns may bolster genetic susceptibility to asthma and could potentially double the risk of being diagnosed with the inflammatory disease. The researchers found that healthy sleep habits significantly reduced the likelihood of that happening.

Also read – Heeramandi: Sanjay Leela Bhansali directs the most offensive scene of his career; controversial Padmaavat climax has nothing on it

Japan’s Toyota Motor Corp on Wednesday posted a 35% rise in fourth-quarter operating profit, helped by the weak yen boosting the value of overseas sales and higher output volumes that outweighed the impact of surging materials costs.