Market BuzzOla Electric IPO's anchor book likely on August 1; issue may launch between August 2-6 for public
Bhavish Aggarwal-led Ola Electric is gearing up to launch the anchor book for its widely anticipated IPO on August 1, with the issue likely to open for public subscription from August 2 to August 6, multiple industry sources in the know told Moneycontrol. August 3 and August 4 fall on the weekend. More here
Watch OutTake a look at these key events
Today:
PM to chair NITI Aayog Governing Council meet
Q1 results: ICICI Bank, IDFC First Bank, Dr Reddy’s, JK Bank, NTPC, ACC
APJ Abdul Kalam's Death Anniversary
Dr. Reddy's to consider stock split
Donald Trump to address Bitcoin 2024 conference
Nio Phone 2 launch
Lenovo Xiaoxin Pad Pro 12.7 (2025) tablet launch
Tomorrow:
Nepal, India, Bangladesh to sign tripartite power trading deal
IBPS Clerk 2024 registration deadline ends
Sikhs for Justice plans to hold Khalistan referendum in Canada
Jamshedpur to host Durand Cup for first time
Big StoryApple to make iPhone 16 Pro and Pro Max models in India this year
Apple Inc. will assemble the top-of-the-line Pro and Pro Max models of its upcoming iPhone 16 series in India for the first time through its partner Foxconn, bolstering its manufacturing presence in the country as part of a plan to diversify production beyond China, people familiar with the matter said. More here
PoliticsAyodhya loss still fresh, BJP now seeks redemption with Milkipur bypoll
The upcoming bypoll in Ayodhya’s Milkipur, part of Faizabad parliamentary constituency, triggered by Awadhesh Prasad's recent election to Parliament, has become a focal point of prestige for both the Bharatiya Janata Party (BJP) and the Samajwadi Party (SP). More here
Your MoneyITR filing 2024: Claiming tax deductions? Here's how to switch from new to old regime while filing returns
Salaried individuals can switch between old and new tax regimes every year. Budget 2023 designated the new, simplified tax regime as the default structure and many salaried tax-payers who wanted to stick to the old regime missed explicitly picking the latter while submitting their proposed investment declarations in April 2023. More here
Tech TattleApple cuts prices of all iPhone models in India, here are the new prices
Moneycontrol has verified the prices on Apple’s online store and the prices have officially been cut. It is the first time Apple has cut prices just a few months before the launch of new iPhone models, which is expected to happen in September 2024. More here
TailpieceAn economist outsmarted the lottery and won 14 jackpots. He explains the math
Romanian economist Stefan Mandel, with the backing of a dedicated syndicate and strategic acumen, managed to clinch 14 lottery jackpots across the globe. Mandel's journey began with a fundamental understanding of lottery mechanics. More here
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