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India's Convergence and Smart Cities Expo to Showcase Digital Innovations and AI Future
Shri Nitin Gadkari, Union Minister for Road Transport & Highways, will inaugurate the 32nd Convergence India & 10th Smart Cities India Expo 2025 in New Delhi from March 19-21. The event, themed "Imagining an AI-Driven Future Today," will feature over 1,000 exhibitors and 45 conference sessions, showcasing advancements in digital technologies and smart city solutions. With participation from government officials, industry leaders, and startups, the expo aims to foster innovation and collaboration in India's digital landscape.
Boat selects bankers for upcoming IPO amid revenue dip and reduced losses
Boat has appointed ICICI Securities, Goldman Sachs, and Nomura as bankers for its upcoming $300-500 million IPO, aiming for a valuation above $1.5 billion. Despite a 5% revenue dip to Rs 3,285 crore for FY24, the company halved its losses to Rs 70.8 crore and reported positive EBITDA, benefiting from a sales boost during the Diwali season. Founded in 2015, Boat holds a 26.7% market share in India's wearables segment.
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