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Purple Style Labs IPO enters its second bidding day with subdued demand and a GMP of around 1%, down from 5%. The Rs 680-crore issue has seen limited subscription, while ongoing losses and high valuation concerns weigh on sentiment despite strong revenue growth, celebrity backing and expansion of Pernia’s Pop-Up Shop.
Aluminium Gains As Shanghai Warehouse Inventories Decline Three Percent Weekly
Turmeric Gains As Tight Supply And El Nino Fears Raise Output Concerns Ahead
The advisory warned users about fake porn apps being promoted through Facebook and Instagram ads that may lead to financial fraud
Copper Slips As Higher For Longer US Rates Offset Supply Concern Sentiment
Zinc Prices Gain As Supply Tightness Outside China Supports Market Momentum
The US Department of War has expanded its artificial intelligence capabilities. OpenAI’s ChatGPT Mil and Starshield AI’s Grok for Government are now integrated. These advanced AI systems are accredited for secure military use. The GenAI.mil platform now hosts a multi-model AI ecosystem for personnel.
Silver Drops As Warsh Hawkish Remarks Lift Rate Hike Expectations Nearby
The company said Shipsy Brain draws on data linked to more than five billion shipments. This includes more than 50 billion operational events, 1.5 billion automated and human decisions, 100 billion GPS pings and over 5,000 logistics workflows.
Crude Oil Rises As Middle East Tensions Escalate After US Iran Strikes Resume