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C2C Advanced Systems' IPO grey market premium dropped to about 40% after SEBI intervened, prompting a listing postponement and a withdrawal option for investors. Sebi's action follows concerns and requires an independent audit of the company's financials. The IPO, initially subscribed nearly 96 times, faces scrutiny similar to Trafiksol ITS Technologies earlier this year.
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Ajahn Siripanyo, heir to a billion-dollar fortune, chose a spiritual path. He left his lavish life to become a Buddhist monk. Siripanyo's father, a Malaysian business tycoon, respects his son's decision. The monk lives a simple life at a monastery on the Thailand-Myanmar border. He occasionally visits his family and embraces his former lifestyle temporarily.
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President-elect Donald Trump has nominated Dr. Jay Bhattacharya, a Stanford professor, to lead the National Institutes of Health (NIH). Bhattacharya, the first Indian-American tapped for a top Trump administration post, will collaborate with Robert F. Kennedy Jr. to address critical health challenges. Trump also nominated Jim O'Neill as deputy secretary of Health and Human Services.
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