SEDEMAC Mechatronics IPO opens today: From GMP to price band, 5 ‘must know’ details

Market -570 min ago This is an AI assisted summary. SEDEMAC Mechatronics is launching an IPO today, with the aim of raising Rs 1,087.45 crore through an offer for sale of 0.80 crore shares. The IPO price band has been set between Rs 1,287 and Rs 1,352 per equity share, with a subscription deadline of March 06. The allotment for IPO shares is expected to be finalised on March 09. Swipe up for next shorts 2 / 50 Tata’s FMCG arm scales up rural distribution for growth Business 51 min ago This is an AI assisted summary. Tata Consumer is boosting its distribution strategy to target rural markets and increase direct reach. The company has expanded its rural infrastructure and created a dedicated reporting structure. While urban demand is recovering, rural demand remains strong. The company has also restructured its distributors for better focus and capital allocation. Swipe up for next shorts 3 / 50 Electronics industry flags inverted duty on capital goods Business 1 hr ago This is an AI assisted summary. Industry executives met with MeitY to discuss policy changes for the Rs 40,000-crore expansion of the ECMS. Concerns were raised about duty structure and non-resident component warehousing. Streamlined approvals and targeted support were also requested to boost local manufacturing and attract global investors. The ECMS has the potential to drive growth in the electronic manufacturing sector. Swipe up for next shorts 4 / 50 Iranians hold mass funeral for 165+ schoolgirls; overall civilian toll surpasses 780 World News 2 hr ago This is an AI assisted summary. Iran is reeling from the aftermath of air strikes by the US and Israel, with 800 people dead and 165 schoolgirls among the victims. Schools, hospitals, and residential areas have been destroyed, causing immense devastation and loss of innocent lives. Despite denials, local reports and footage reveal the true extent of the damage. 5 / 50 Nuvama and Cushman’s Prime Fund acquires office assets in Pune Business 3 hr ago This is an AI assisted summary. Prime Offices Fund, managed by Nuvama and Cushman & Wakefield Management, has acquired TenSteps, a Grade A+ commercial office asset in Pune, marking their entry into their third city. This aligns with their strategy to build a diversified, institutional-grade office portfolio, now totaling 3.8 million sq. ft. across Delhi NCR, Chennai, and Pune. 6 / 50 Jio Platforms appoints Dan Bailey to steer global push Business 6 hr ago This is an AI assisted summary. Jio Platforms Limited has named Dan Bailey as its new president to lead international expansion from London. With 35 years of experience in consulting and investment banking, Bailey will also join the executive committee. Chairman Mukesh Ambani expressed excitement for Bailey's appointment and their shared ambition for the company's future. 7 / 50 Kpler shares why India has no choice but to turn back to Russian oil World News 7 hr ago This is an AI assisted summary. For months, India had been carefully reducing its dependence on Russian oil amid the Trump tariff threat and pending US trade deal. By January 2026, Russian oil made up less than 20% of India’s imports, the lowest in nearly four years. 8 / 50 Inside Clintons’ Epstein testimonies: Trump’s ‘great times’ with Jeffrey, Pizzagate & more World News 6 hr ago This is an AI assisted summary. Bill and Hillary Clinton were questioned separately last week about their connection to Jeffrey Epstein's files. They denied any prior knowledge of his crimes and were accompanied by their lawyers. Bill denied visiting Epstein's island and cut ties after his conviction. Trump's involvement with Epstein was also mentioned, with Bill discussing a "property deal." 9 / 50 Rs 3.2 cr ticket, 10-hour drive: How billionaires are exiting Dubai World News 8 hr ago This is an AI assisted summary. Dubai has resumed commercial flights after attacks on Iran, causing affluent travelers to pay high prices for private jets. The Dubai International Airport was damaged, leading to increased tensions in the region. Private jet prices have risen and some are driving 10 hours to secure flights. Western tourists are stranded on cruise ships due to the situation. 10 / 50 Oil prices surge as Iran shuts Strait of Hormuz; What are implications for India? Business 10 hr ago This is an AI assisted summary. The US-Iran conflict has caused oil prices to rise for a third day, with Brent crude futures reaching $79/bbl and the US contract jumping to $71.97 a barrel. Analysts predict further increases and potential for prices to reach $120-$150 as the conflict continues. India, heavily reliant on the Strait of Hormuz for oil imports, may see a rise in fiscal deficit and reduced GDP growth. 11 / 50 Billionaire advice: Jeff Bezos shares simple rule to eliminate stress instantly Lifestyle 10 hr ago This is an AI assisted summary. Jeff Bezos, founder of Amazon, believes that stress is not caused by a heavy workload, but rather a signal that something needs attention. He has maintained this mindset since the early days of Amazon and believes that taking small, productive actions can alleviate stress and turn high-pressure situations into enjoyable challenges. 12 / 50 ‘Go Sell Idli-Vada’: How Suniel Shetty built a Rs 125 cr empire after brutal critique Lifestyle 10 hr ago This is an AI assisted summary. Suniel Shetty, a former Bollywood action star, shares his journey of becoming a successful investor and entrepreneur. He faced criticism and initial failures, but reinvented himself and is now worth $15 million. He mentors entrepreneurs through his show and has investments in multiple startups and businesses. 13 / 50 ‘India is preparing for another war’: Pakistani President Zardari calls for Kashmir Talks World News 10 hr ago This is an AI assisted summary. Months after a tense military clash between India and Pakistan, Pakistani President Asif Ali Zardari has claimed that India is “preparing for another war.” Zardari addressed a joint session of Pakistan’s Parliament with a mix of defiance and diplomacy toward India. While he issued stern military warnings, he also called for a return to negotiations over Kashmir. 14 / 50 6 spectacular luxury resorts that went from celebrity hotspots to ruins Lifestyle 10 hr ago This is an AI assisted summary. Luxury travel has a fleeting nature, as seen in these six legendary resorts that were once symbols of wealth and status but are now abandoned or repurposed. From the Haludovo Palace Hotel in Croatia, once a lavish destination for the rich and famous, to the Hotel del Salto in Colombia, now a biodiversity museum, these properties serve as reminders of a bygone era of hospitality. 15 / 50 Ultimate Holi travel guide: 5 Indian cities that do it best Lifestyle 10 hr ago This is an AI assisted summary. Holi is a vibrant and high-energy festival in India celebrating the arrival of spring and the victory of good over evil. Each city has its own unique way of celebrating, from diving into a sea of colors to watching ancient rituals. These five spots, including Vrindavan, Pushkar, and Udaipur, offer some of the best experiences, from flower petal throwing to shirt-tearing and martial arts displays. 16 / 50 Chilling video shows moment gunshots fired near California burger store opening World News 11 hr ago This is an AI assisted summary. A shooting at the opening of a Marathon Burger in Long Beach, CA resulted in one death and multiple injuries. Chaos ensued as shots were fired, with attendees fleeing and police responding. The restaurant team confirmed the incident was not related to their event, which was well-received by the community. Celebrities like Snoop Dogg and Stevie Wonder were present. 17 / 50 Who was Savitha Shan? ‘Superstar’ Indian-origin student killed in Texas shooting World News 13 hr ago This is an AI assisted summary. Indian-origin student, Savitha Shan, was one of the victims in a fatal shooting at a Texas bar. The incident occurred just hours after a US-Israeli attack on Iran. Shan, a University of Texas student, was one of two people killed. The suspect, who was killed by police, had opened fire outside a popular bar. 18 / 50 Stock Market holiday today: Are NSE and BSE closed for Holi on March 3? Market 17 hr ago This is an AI assisted summary. Indian stock markets closed in red on March 02 and will be closed on March 03 for the festival of Holi. Trading will resume on March 04 for both NSE and BSE. MCX currency and commodity exchanges will also be closed for Holi. In March 2026, the stock markets will be closed for 3 holidays, including Holi, Shri Ram Navami, and Shri Mahavir Jayanti. 19 / 50 Russia sends chilling World War 3 warning to the West: ‘Any event could be a trigger’ World News 14 hr ago This is an AI assisted summary. Russia has issued a warning to the West, saying that World War 3 could start if US President Donald Trump continues his aggressive approach. Dmitry Medvedev, a top Russian official, called Trump’s actions “insane” and said they could spark a global conflict. 20 / 50 Setback for Trump: US court paves way for early tariff refunds process World News 14 hr ago This is an AI assisted summary. A US federal appeals court has rejected the Trump administration's attempt to delay the refunding of billions of dollars in tariffs that were deemed illegal by the Supreme Court. The Department of Justice had requested a 90-day delay, but lawyers opposing the administration argue that there is no reason for such a delay and that the refund process should begin immediately. 21 / 50 Lunar Eclipse 2026: Where can you see the rare blood moon on March 3? Lifestyle 14 hr ago This is an AI assisted summary. The first lunar eclipse of 2026 will take place on March 3, visible in major parts of the world. The Moon will have a red glow as the Earth blocks sunlight, lasting 58 minutes. In India, it will be a partial eclipse for just over 20 minutes. Major cities in Asia, Australia, North and South America will also witness the event. 22 / 50 Florida approves 1-year ban on new H-1B hiring ahead of March lottery—Who stands affected? Trending News 16 hr ago This is an AI assisted summary. The Florida Board of Governors has voted to put a 10-month hiring freeze in place for people seeking H-1B visas at all of the state’s public universities. The decision was made on Monday and takes effect immediately. It will remain in place at least through January 5, 2027, according to Central Florida Public Media. 23 / 50 Bandhan MF’s Arudha SIF launches long-short scheme Money 23 hr ago This is an AI assisted summary. Bandhan Mutual Fund has introduced the Arudha Equity Long-Short Fund, an open-ended equity investment plan that utilizes four return engines and dynamic allocation to provide stable returns with less volatility. The scheme also offers a long-short framework to take advantage of both rising and declining markets. The NFO is open from Thursday to March 18, 2026. 24 / 50 Decoding Nykaa’s profit-first beauty play Business March 3, 2026 This is an AI assisted summary. Nykaa's shift from a niche online beauty retailer to a comprehensive, brand-led platform has resulted in record-breaking December quarter results. Its focus on authenticity, education, and premium brands has helped it stand out in the crowded beauty market. 25 / 50 Resolven lines up $1.2 bn investment to expand clean power capacity Business 24 hr ago This is an AI assisted summary. EQT-backed Resolven, a renewable energy platform owned by Swedish private equity firm EQT, will invest $1.2 billion over the next two years to expand its portfolio to 3.4 GW by FY28. This is the largest investment in India's clean power sector by a private equity firm. 26 / 50 M&M to exit Japan agri-machinery business in portfolio reset Business March 2, 2026 This is an AI assisted summary. M&M is exiting the agri-machinery business in Japan to focus on core segments and optimize its portfolio. The decision was made after a strategic review by the board of MAM. The exit will be completed by FY27, but MAM will still provide support to current customers. This move aligns with M&M's capital allocation strategy. 27 / 50 India, Canada to conclude FTA by 2026-end, ink long-term uranium supply deal World News March 3, 2026 This is an AI assisted summary. India and Canada have signed the Terms of Reference for CEPA to increase bilateral trade to $50 billion by 2030. PM Mark Carney's visit led to a 2.6 billion Canadian dollar deal for uranium supply and the launch of a Strategic Energy Partnership. Canada also plans to join the International Solar Alliance and the Global Biofuels Alliance. 29 / 50 Indian API market to grow at 7% through FY28: CareEdge India News March 3, 2026 This is an AI assisted summary. The Indian API market is set to experience steady growth in the coming years, driven by supportive policies, increasing local demand, and a move towards advanced APIs. The government's incentive scheme aims to reduce dependence on China and boost domestic production. 33 / 50 Indians in line of fire as Trump’s 4-week Iran warning fuels evacuation fears Trending News March 2, 2026 This is an AI assisted summary. A chilling "four-week" countdown has begun. US President Donald Trump’s latest declaration, that the ongoing military operations against Iran will be a "great deal" and could be wrapped up in just 28 to 35 days, has sent shockwaves through the Indian diaspora. 34 / 50 Mercedes launches V-Class as 12th localised model Business March 2, 2026 This is an AI assisted summary. Mercedes-Benz India has launched the V-Class luxury MPV at their Chakan plant with an annual capacity of 20,000 vehicles and a paint shop for 40,000 units. The company has invested Rs 3,000 crore and plans to continue investing for product expansion. Priced at Rs 1.4 crore, the V-Class targets business leaders, frequent travellers, and families. 35 / 50 Telegram’s Durov says left Dubai a week back, ‘can’t wait to go back’ Trending News March 2, 2026 This is an AI assisted summary. Gulf nations, particularly Dubai, are facing increased threats from Iran as they retaliate against the US and Israel. Telegram CEO's comments on social media have sparked discussion, with Elon Musk also chiming in. Despite the danger, Durov remains eager to return to Dubai, which is considered safer than many parts of Europe. 36 / 50 Niva Bupa receives show cause notice from IRDAI Business March 2, 2026 This is an AI assisted summary. Niva Bupa Health Insurance Company has received a Show Cause Notice from IRDAI for alleged violations of health insurance, governance, and corporate governance norms. The company is in the process of submitting its response and implementing necessary actions. The notice relates to certain business and operational matters. 37 / 50 Video captures US fighter crash in Kuwait: Embassy shares missile threat alert World News March 2, 2026 This is an AI assisted summary. A US fighter jet crashed in Kuwait, sparking speculation that it was shot down by Iran. However, videos showed the pilot safely ejecting. The US Embassy issued a security alert for Americans, and officials have yet to confirm details of the crash. Tensions between the US and Iran continue to escalate. 38 / 50 7 reasons why markets are falling today: Sensex sinks 1,600 points, Nifty below 24,700 Market March 2, 2026 This is an AI assisted summary. The markets have taken a hit as tensions rise in West Asia with Iran and Israel launching new attacks. Sensex and Nifty have dropped significantly, while small-cap and midcap stocks are also under pressure. Investors are worried about the impact on sectors like L&T and Voltas. Global tensions, oil prices, currency weakness, and economic uncertainty have contributed to the market's decline. 39 / 50 Inside Iran’s underground arsenal: Video shows tunnels with rockets, Khamenei photos World News March 2, 2026 This is an AI assisted summary. Iran's Fars news agency released a video showcasing their underground drone arsenal adorned with Iranian flags and photos of late Supreme Leader Ayatollah Ali Khamenei. Fars initially denied Khamenei's death during the attacks in Tehran but later confirmed it along with other family members. The outlet also reported on Iran's retaliatory strikes on US allies in the Gulf region, including Qatar. 40 / 50 Will India stick with Abhishek Sharma in Playing 11 for T20 World Cup semi-final? Sports March 2, 2026 This is an AI assisted summary. Debate over Abhishek Sharma's selection for India's T20 World Cup 2026 semi-final against England has intensified, with fans questioning his poor performance in the tournament. Despite calls for his exclusion, captain Suryakumar Yadav and the team management view him as a key player for the Wankhede pitch. Dropping him would allow Ishan Kishan to open but the management may stick with Abhishek. 41 / 50 Kerala Story 2: Vipul Shah’s controversial sequel crosses Rs 10 crore milestone Life March 2, 2026 This is an AI assisted summary. The Kerala Story 2: Goes Beyond wrapped up its first weekend with a noticeable upward trend at the box office. After a delayed release due to legal proceedings, the film jumped 520% on Saturday and collected around Rs 5 crore on Sunday, taking its total to Rs 10.40 crore. 42 / 50 Clean Max Enviro Energy makes weak debut, lists at 8.8% discount Market March 2, 2026 This is an AI assisted summary. Clean Max Enviro Energy Solutions, India's largest C&I renewable energy provider, listed at a discount of 8.83% on the NSE and 9.57% on the BSE. The company raised Rs 3,100 crore through a combination of fresh shares and offer for sale. The IPO, which received a 'Subscribe-Long Term' rating from Anand Rathi Research, was fully priced. 43 / 50 Crude Oil spikes: Why Asian Paints, IndiGo, HPCL, other energy stocks are falling today Market March 2, 2026 This is an AI assisted summary. The recent spike in crude oil prices has caused a sharp decline in the stock prices of oil marketing companies and paint stocks. Other sectors, such as tyres and aviation, are also expected to be affected. Companies like HPCL, IOCL, and BPCL will face negative consequences, while ONGC, Vedanta, and Oil India will benefit. Aviation companies like IndiGo will also be impacted. 44 / 50 Iran war reaches Europe – Drone strikes RAF Akrotiri in Cyprus and French naval base World News March 2, 2026 This is an AI assisted summary. Iran's drone strikes have targeted UK and French military bases in the UAE, as part of their retaliatory strikes against the US and Israel. The UK has granted permission for the US to use their bases for "defensive" purposes, while the French Defence Minister confirmed damage to their naval base in Abu Dhabi. No injuries have been reported. 45 / 50 ‘Property of Allah’, Iranian flag design – Who is the Texas bar shooting suspect? World News March 2, 2026 This is an AI assisted summary. A shooting at a Texas bar by a gunman wearing an Iranian flag and declaring allegiance to Allah left two dead and 14 wounded. The DHS identified the suspect as 53-year-old Ndiaga Diagne, a naturalized US citizen originally from Senegal. The FBI is investigating the incident as a potential act of terrorism. Diagne first came to the US in 2000 and became a citizen in 2013. 46 / 50 SAG Awards 2026: Complete list of winners category-wise Life March 2, 2026 This is an AI assisted summary. The 32nd Annual Actor Awards were held in Los Angeles on March 1, 2026, with Kristen Bell hosting and Netflix streaming the event. Winners, chosen by their peers in SAG-AFTRA, are seen as a major predictor for the Academy Awards. Late actress Catherine O'Hara was honored, and Keri Russell and Michelle Williams took home awards for their performances. 47 / 50 Amazon AWS UAE suffers power outage after ‘objects hit’ amid Gulf turmoil, Iran war World News March 2, 2026 This is an AI assisted summary. An AWS data center in the UAE was hit by an object, causing a fire and temporary shutdown. The incident may have been triggered by the ongoing conflict between the US, Israel, and Iran. This is the first time a commercial data center has been targeted in a conflict, highlighting the vulnerability of such facilities. 48 / 50 US-Israel strike on Iran: 4 Market Gurus say avoid ‘knee-jerk’ reaction, diversify assets Market March 2, 2026 This is an AI assisted summary. 5Experts are monitoring the market's opening today amidst rising tension in West Asia caused by US-Israel strike on Iran and counterattacks. Investor worry is evident with equities down, crude and gold up, and the dollar weak. Diversifying investments and prioritizing quality holdings is advised for a strong portfolio. 49 / 50 Zebronics’ Jukebar 9580C: Big sound from a compact system Technology March 2, 2026 This is an AI assisted summary. Zebronics' Jukebar 9580C is a sleek and stylish soundbar that delivers 320W RMS sound output with a 13.33cm subwoofer and dual soundbar drivers. It supports multiple connectivity options and comes with Dolby Atmos and DTS X formats for an immersive listening experience. With its wall-mountable design and LED display, it offers convenience and control.