The White House reports that companies have pledged over $1 trillion in US investments, mainly in semiconductors and clean energy, thanks to three key laws passed during the Biden administration. The laws have lured companies to create or expand US production facilities, aligning with Biden's infrastructure agenda and job creation goals.
Open FlipOrbiMed-backed diagnostic services provider Suraksha Diagnostic has filed red herring prospectus on November 25, opening its maiden public issue for subscription on November 29. The price band details will be disclosed on November 26.The IPO consists of entirely an offer-for-sale of 1.91 crore equity shares by the existing shareholders, with no fresh issue component.
Open FlipWall Street's main indexes opened higher on Monday, with the blue-chip Dow scaling a record high, driven by investor optimism following Scott Bessent's nomination as Treasury Secretary in the incoming Trump administration. The Dow Jones Industrial Average rose 89.0 points, or 0.20%, at the open to 44,385.49. The S&P 500 rose 22.9 points, or 0.38%, at the open to 5,992.28.
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