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Waaree Energies' IPO has been subscribed 12.05 times on the last day, with strong demand from non-institutional and retail investors. The IPO price band is set at Rs 1,427-1,503 per share, and shares are expected to list on October 28. Funds will support expansion into India and the US.
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Ernst & Young fired several US employees for attending multiple online training classes at the same time during a learning week. The company said this breached ethics and violated their global code of conduct. Some fired employees argued they received no warnings and that multitasking is part of EY's work culture.
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Olectra Greentech's shares rose nearly 6% after reporting a 156.4% YoY profit increase to Rs 47.7 crore for Q2. Revenue surged 70.5% to Rs 523.7 crore, boosting market confidence.
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