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Switzerland has maintained its position as the most innovative country for 14 consecutive years, excelling in both innovation inputs and outputs. The nation benefits from a robust intellectual property system, significant R&D investment, and strong collaboration between academia and industry, attracting foreign companies to establish research hubs. Despite its small size, Switzerland's high-tech sectors, particularly in biotech and precision machinery, contribute significantly to its economic success and innovation ranking.
ACME Solar Holdings raised Rs 1,300.5 crore from anchor investors ahead of its Rs 2,900-crore IPO, set to open on November 6 and close on November 8, with a price band of Rs 275-289 per share. The offering includes a fresh issue of Rs 2,395 crore and an offer-for-sale of Rs 505 crore by ACME Cleantech Solutions. Notable investors include Abu Dhabi Investment Authority, Goldman Sachs, and Morgan Stanley, among others.
Usha Financial Services' IPO was subscribed 3.13 times on the second day of bidding, with investors applying for 1.31 crore equity shares against an issue size of 41.99 lakh shares. The non-banking finance company aims to raise Rs 98.45 crore at a price band of Rs 160-168 per share, closing on October 28. Retail investors showed strong interest, subscribing 4.61 times their quota, while non-institutional and qualified institutional buyers subscribed 3.63 and 1.07 times, respectively.
Greenpeace Africa faces internal turmoil following a restructuring that aims to cut around 40 jobs, nearly half its staff, citing financial and security reasons. Former employees allege unfair dismissals and criticize management's approach to LGBT+ rights and collaboration with governments, raising concerns about the organization's commitment to environmental justice. Despite these challenges, Greenpeace Africa insists the changes are necessary for financial sustainability and maintaining its mission across the continent.
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
switzerland remains the most innovative country in global rankings
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09:00 12.11.2024
acme solar holdings raises 1301 crore from anchor investors ahead of ipo
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18:36 05.11.2024
Usha Financial Services IPO sees strong demand with 3.13 times subscription
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15:36 25.10.2024
internal conflicts emerge at greenpeace africa amid leadership concerns and office closure
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09:00 02.10.2024
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