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Investors await Srigee DLM IPO allotment finalization. Subscription closed on May 7. The IPO witnessed significant oversubscription across all categories. Successful applicants will receive shares in their demat accounts by May 9. Unsuccessful applicants will receive refunds on the same day. Srigee DLM is set to debut on the BSE SME platform on May 12.
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The Taiwan-made electric vehicle is expected to go on sale in Australia and New Zealand next year.
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News and Media
President Trump announced that the 145% tariffs on Chinese imports will remain in place as US and Chinese officials prepare for trade talks in Switzerland. He refuted claims that the US initiated the talks and stated the US is no longer facing massive trade losses. Federal Reserve Chair Jerome Powell noted the trade talks' potential impact on the US economy.
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News and Media
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