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An F/A-18 fighter jet went overboard the USS Harry S. Truman in the Red Sea during a failed landing, prompting the pilots to eject with minor injuries. This incident marks another setback for the Truman, crucial in the U.S. airstrike campaign against Yemen's Houthi rebels, amidst ongoing regional tensions and attacks on shipping.
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News and Media
Simple Energy, an electric two-wheeler manufacturer, is planning an IPO by FY27 to raise 3,000 crore for market expansion, a new manufacturing unit, and R&D. The company aims to increase its touchpoints from 15 to 500 in the next two years and targets 800 crore in revenue in FY26.
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News and Media
Kotak AMC's Nilesh Shah notes that global support and potential US warnings have eased market concerns following geopolitical tensions. Strong FPI inflows, returning sooner than expected, and robust domestic flows are driving the market's upward trend. The Indo-UK FTA, which opens up UK export markets, further boosts market confidence, overshadowing potential worries.
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News and Media
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