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The SME IPO of ATC Energies System opens today with a price band of Rs 112-118 per equity share. The company aims to raise up to Rs 63.76 crore. The IPO includes fresh and offer for sale equity shares. Proceeds will be used for various purposes, including repayment of borrowings and factory upgrades.
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The S&P 500 hit a two-week high boosted by gains in Nvidia and Tesla as hopes grew for a more measured U.S. tariff approach. Technology shares rallied, with Tesla soaring nearly 12% and Nvidia up over 3%. Investors remained cautious about the impact of tariffs on economic growth. Trading volumes were light, with significant gains in consumer discretionary sectors.
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People who lost savings from a collapsed investment fund say a redress scheme has let them down.
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