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Small-cap stock below  ₹50 Vishal Fabrics edges higher despite weak trends in Indian stock market
Small-cap stock below  ₹50 Vishal Fabrics edges higher despite weak trends in Indian stock market

Mint

time4 days ago

  • Business
  • Mint

Small-cap stock below ₹50 Vishal Fabrics edges higher despite weak trends in Indian stock market

Stock Market Today: Small-cap stock below ₹ 50, Vishal Fabrics edged higher in the morning trades on Friday despite weak trends in the Indian stock market: Here's why Vishal Fabrics intimated the exchanges on 29 May 2025 about a Board of Directors meeting outcome with regards to fund raising . Th Outcome of the Fund-raising Committee Meeting of the Board of Directors held on May 29, 2025 was intimated by Vishal Fabrics to the Bombay Stock Exchange or the BSE. This was with reference too the Conversion of 69,32,824 warrants into equal number of equity shares of the Company. Vishal Fabrics had intimated on September 12, 2024, with respect to the allotment of warrants and in the same context Vishal Fabrics said that Fund raising Committee of the Board of Directors of the Company in their meeting held on Thursday , May 29, 2025, considered and approved the allotment of equity shares having face value of Rs. 5/- each , upon part conversion of 69,32,824 warrants. This is out of total 1,50,00,000 warrants applied by Elysian Wealth Fund (Formerly known as Silver Stallion Limited) under the Non-Promoter, Public Category. The warrants hav been approved to be issued by Small-cap stock below ₹ 50, Vishal Fabrics at an issue price of Rs. 30.60/- each, on preferential basis, upon receipt of amount aggregating to Rs.15,91,08,310.80 /- (Rupees Fifteen Crore Ninety One Lakhs Eight Thousand Three Hundred and Ten and Eighty Paisa only) at the rate of Rs. 22.95/- (Rupees Twenty-Two and Ninety-Five Paise only) per warrant from the allottee pursuant to the exercise of their rights of conversion into equity shares. According to a release by Vishal Fabrics, these warrants were granted to "Non-Promoter, Public Category" on a preferential basis with a price of Rs. 30.60/-per warrant upon payment of Rs. 7.65/- (Rupees Seven and Sixty-Five Paise only) per warrant, which is 25% of the Issue Price. This gives the warrant holders the right to convert their warrants into an equal number of Equity Shares of the Company by paying the remaining 75%, or Rs. 22.95/-per warrant, within 18 months of the date of warrants allotment. Small-cap stock below ₹ 50, Vishal Fabrics share price opened at ₹ 30 on the BSE on Friday, almost flat over the previous days closing price of ₹ 30.04. The Small-cap stock below ₹ 50, Vishal Fabrics share price gained to intraday highs of ₹ 30.50 marking gains of 1.5% on a day when Indian stock market was weak and sensex was down around 0.25%. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.

Apple to launch iOS 26, macOS 26 in major rebrand tied to software redesigns
Apple to launch iOS 26, macOS 26 in major rebrand tied to software redesigns

Economic Times

time5 days ago

  • Economic Times

Apple to launch iOS 26, macOS 26 in major rebrand tied to software redesigns

Apple is making the change to bring consistency to its branding and move away from an approach that can be confusing to customers and developers. Today's operating systems — including iOS 18, watchOS 12, macOS 15 and visionOS 2 — use different numbers because their initial versions didn't debut at the same time. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Apple Inc. is planning the most sweeping change yet to its operating system names, part of a software overhaul that extends to all its next Apple operating systems will be identified by year, rather than with a version number, according to people with knowledge of the matter. That means the current iOS 18 will give way to 'iOS 26,' said the people, who asked not to be identified because the plan is still private. Other updates will be known as iPadOS 26, macOS 26, watchOS 26, tvOS 26 and visionOS is making the change to bring consistency to its branding and move away from an approach that can be confusing to customers and developers. Today's operating systems — including iOS 18, watchOS 12, macOS 15 and visionOS 2 — use different numbers because their initial versions didn't debut at the same time.A spokesperson for Cupertino, California-based Apple declined to company will announce the shift at its Worldwide Developers Conference on June 9. The branding will accompany fresh user interfaces across the operating systems — an attempt to ensure a more cohesive experience when people move between devices. The new look, dubbed Solarium internally, will include tvOS, watchOS and parts of visionOS, Bloomberg News reported this latest naming strategy is reminiscent of approaches taken by both Samsung Electronics Co. and Microsoft 2020, Samsung renamed its flagship Galaxy S phone line after its launch year, moving to the Galaxy S20. That device's predecessor, which debuted in 2019, was the Galaxy S10, representing the 10th generation. In 1995, Microsoft shifted to naming major operating systems after the year they launched, rolling out Windows 95 and then Windows 98 and Windows big difference is Apple will use the upcoming year rather than the current one. Though its next operating systems will launch around September 2025, they'll be named for 2026 — not unlike how car companies market their vehicles. If Apple keeps the strategy, the following set of releases will carry the 27 previously attempted something similar with its software bundles for office work and creativity apps. In August 2007, it rolled out iWork '08 and iLife '08. That was eventually followed by iLife '11, which went on sale in October part of the changes, Apple plans to give the iPad a more Mac-like experience, potentially making it more useful for office work. And the company is opening up its AI models to third-party developers, letting them tap into the underlying technology used by the Apple Intelligence new features coming this year include a live-translation mode for AirPods and the Siri voice assistant, as well as an eye-scrolling option on the Vision Pro headset. In the artificial intelligence realm, Apple is planning health features and an AI-enabled battery management also will be a new bidirectional Arabic and English keyboard, a digital calligraphy pen for Apple Pencil users and a new app for gaming on Apple devices.

Apple to Debut iOS 26, macOS 26 in Major Rebrand to Mark Software Redesigns
Apple to Debut iOS 26, macOS 26 in Major Rebrand to Mark Software Redesigns

Yahoo

time5 days ago

  • Business
  • Yahoo

Apple to Debut iOS 26, macOS 26 in Major Rebrand to Mark Software Redesigns

(Bloomberg) -- Apple Inc. is planning the most sweeping change yet to its operating system names, part of a software overhaul that extends to all its devices. NYC Congestion Toll Brings In $216 Million in First Four Months NY Wins Order Against US Funding Freeze in Congestion Fight The next Apple operating systems will be identified by year, rather than with a version number, according to people with knowledge of the matter. That means the current iOS 18 will give way to 'iOS 26,' said the people, who asked not to be identified because the plan is still private. Other updates will be known as iPadOS 26, macOS 26, watchOS 26, tvOS 26 and visionOS 26. Apple is making the change to bring consistency to its branding and move away from an approach that can be confusing to customers and developers. Today's operating systems — including iOS 18, watchOS 12, macOS 15 and visionOS 2 — use different numbers because their initial versions didn't debut at the same time. A spokesperson for Cupertino, California-based Apple declined to comment. The company will announce the shift at its Worldwide Developers Conference on June 9. The branding will accompany fresh user interfaces across the operating systems — an attempt to ensure a more cohesive experience when people move between devices. The new look, dubbed Solarium internally, will include tvOS, watchOS and parts of visionOS, Bloomberg News reported this week. The latest naming strategy is reminiscent of approaches taken by both Samsung Electronics Co. and Microsoft Corp. In 2020, Samsung renamed its flagship Galaxy S phone line after its launch year, moving to the Galaxy S20. That device's predecessor, which debuted in 2019, was the Galaxy S10, representing the 10th generation. In 1995, Microsoft shifted to naming major operating systems after the year they launched, rolling out Windows 95 and then Windows 98 and Windows 2000. The big difference is Apple will use the upcoming year rather than the current one. Though its next operating systems will launch around September 2025, they'll be named for 2026 — not unlike how car companies market their vehicles. If Apple keeps the strategy, the following set of releases will carry the 27 moniker. Apple previously attempted something similar with its software bundles for office work and creativity apps. In August 2007, it rolled out iWork '08 and iLife '08. That was eventually followed by iLife '11, which went on sale in October 2010. As part of the changes, Apple plans to give the iPad a more Mac-like experience, potentially making it more useful for office work. And the company is opening up its AI models to third-party developers, letting them tap into the underlying technology used by the Apple Intelligence platform. Other new features coming this year include a live-translation mode for AirPods and the Siri voice assistant, as well as an eye-scrolling option on the Vision Pro headset. In the artificial intelligence realm, Apple is planning health features and an AI-enabled battery management mode. There also will be a new bidirectional Arabic and English keyboard, a digital calligraphy pen for Apple Pencil users and a new app for gaming on Apple devices. (Updated with more details on features being announced at upcoming developer conference.) Mark Zuckerberg Loves MAGA Now. Will MAGA Ever Love Him Back? Millions of Americans Are Obsessed With This Japanese Barbecue Sauce YouTube Is Swallowing TV Whole, and It's Coming for the Sitcom Inside the First Stargate AI Data Center How Coach Handbags Became a Gen Z Status Symbol ©2025 Bloomberg L.P. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Apple to Rebrand Its Device Operating Systems to Mark Major Overhaul
Apple to Rebrand Its Device Operating Systems to Mark Major Overhaul

Yahoo

time5 days ago

  • Business
  • Yahoo

Apple to Rebrand Its Device Operating Systems to Mark Major Overhaul

(Bloomberg) -- Apple Inc. is planning the most sweeping change yet to its operating system names, part of a software overhaul that extends to all its devices. NYC Congestion Toll Brings In $216 Million in First Four Months NY Wins Order Against US Funding Freeze in Congestion Fight The next Apple operating systems will be identified by year, rather than with a version number, according to people with knowledge of the matter. That means the current iOS 18 will give way to 'iOS 26,' said the people, who asked not to be identified because the plan is still private. Other updates will be known as iPadOS 26, macOS 26, watchOS 26, tvOS 26 and visionOS 26. Apple is making the change to bring consistency to its branding and move away from an approach that can be confusing to customers and developers. Today's operating systems — including iOS 18, watchOS 12, macOS 15 and visionOS 2 — use different numbers because their initial versions didn't debut at the same time. A spokesperson for Cupertino, California-based Apple declined to comment. The company will announce the shift at its Worldwide Developers Conference on June 9. The branding will accompany fresh user interfaces across the operating systems — an attempt to ensure a more cohesive experience when people move between devices. The new look, dubbed Solarium internally, will include tvOS, watchOS and parts of visionOS, Bloomberg News reported this week. The latest naming strategy is reminiscent of approaches taken by both Samsung Electronics Co. and Microsoft Corp. In 2020, Samsung renamed its flagship Galaxy S phone line after its launch year, moving to the Galaxy S20. That device's predecessor, which debuted in 2019, was the Galaxy S10, representing the 10th generation. In 1995, Microsoft shifted to naming major operating systems after the year they launched, rolling out Windows 95 and then Windows 98 and Windows 2000. The big difference is Apple will use the upcoming year rather than the current one. Though its next operating systems will launch around September 2025, they'll be named for 2026 — not unlike how car companies market their vehicles. If Apple keeps the strategy, the following set of releases will carry the 27 moniker. Apple previously attempted something similar with its software bundles for office work and creativity apps. In August 2007, it rolled out iWork '08 and iLife '08. That was eventually followed by iLife '11, which went on sale in October 2010. As part of the changes, Apple plans to give the iPad a more Mac-like experience, potentially making it more useful for office work. And the company is opening up its AI models to third-party developers, letting them tap into the underlying technology used by the Apple Intelligence platform. Other new features coming this year include a live-translation mode for AirPods and the Siri voice assistant, as well as an eye-scrolling option on the Vision Pro headset. In the artificial intelligence realm, Apple is planning health features and an AI-enabled battery management mode. There also will be a new bidirectional Arabic and English keyboard and a digital calligraphy pen for Apple Pencil users. Mark Zuckerberg Loves MAGA Now. Will MAGA Ever Love Him Back? Millions of Americans Are Obsessed With This Japanese Barbecue Sauce Why Apple Still Hasn't Cracked AI YouTube Is Swallowing TV Whole, and It's Coming for the Sitcom Inside the First Stargate AI Data Center ©2025 Bloomberg L.P.

Lynk & Co turns to PHEV with 200 km electric-only range in bid to end sales slump
Lynk & Co turns to PHEV with 200 km electric-only range in bid to end sales slump

Yahoo

time6 days ago

  • Automotive
  • Yahoo

Lynk & Co turns to PHEV with 200 km electric-only range in bid to end sales slump

GOTHENBURG, Sweden — Geely subsidiary Lynk & Co is looking to reverse a steep sales slump in Europe with the addition of the 08, a midsize SUV that can drive 200 km (124 miles) in electric-only mode. Lynk & Co's sales of its two-model lineup, the 01 compact SUV and 02 compact hatchback, through April were down 33 percent to 1,653, according to figures from market researcher Dataforce. The plug-in hybrid electric vehicle will be aimed at car buyers reluctant to switch to full electric. 'For plug-in hybrid customers, we think the long electric range will stand out as a clear upgrade,' Lynk & Co CEO Nicolas Lopez Appelgren told Automotive News Europe during a driving event for the 08 here May 13. 'EV drivers, on the other hand, may see it as a more practical option given the current state of charging infrastructure. And for high-end petrol buyers, the similar price point could make switching to a plug-in hybrid an easy decision.' Until recently, the electric-only range on most PHEVs was less than 100 km — and in many cases only about 50 to 60 km. Several automakers debuted long-range PHEVs with bigger batteries — the 08's pack is 39.6 kilowatt-hours — toward the end of 2024 ahead of a Jan. 1 deadline that increased emissions ratings for the technology to better reflect real-world use. At the same time, some Chinese brands launched PHEVs in Europe, notably BYD, to avoid EU tariffs on battery-electric vehicles made in China. PHEV sales were up 32 percent in April, according to Dataforce. The bestselling model last month was the BYD Seal U, followed closely by the Volkswagen Tiguan and Volvo XC60. Sign up for the Automotive News Europe Focus on Electrification newsletter, a weekly wrap-up of the latest electric vehicle news, including interviews and global EV sales data. Lynk & Co also will avoid the higher tariff on the China-made 08. The midsize SUV enters a part of the segment that has seen huge growth this year, with overall sales of models with PHEV powertrains up more than 200 percent to 51,823 after four months. Seven of the 10 top-selling PHEV midsize SUV are new to the niche. Another limiting factor for PHEVs was the time it took to replenish the batteries, often several hours using AC charging. PHEVs with longer ranges offer DC fast charging, which for the 08 means it's possible to boost the batteries to 80 percent from 10 percent in about 30 minutes at 85 kilowatts. Using AC charging at 11 kW means charging to 100 percent take four and a half hours. The 08 offers a combined 345 hp of power from its four-cylinder gasoline engine and electric motor. The 08's cockpit is dominated by an iPad-like touchscreen in the center of the dashboard, below which is an inductive pad to provide wireless charging for up to two smartphones. Built-in car sharing, integrated Wi-Fi, a specially designed Harman Kardon sound system, and advanced driver-assistance features — from park assist sensors to driver monitoring — are included. Customizable 'modes' are also available. They include a 'relax mode,' with soothing music and sunshades, and a 'pet mode' that turns on the climate control system and displays a message informing passersby that the pet is safe from freezing or overheating and that the owner is aware it is inside the vehicle. The 08 comes in two trims, Core and More, with the More package offering larger wheels, heated rear seats and an upgraded Harmon Kardon sound system. Target buyers: Range-anxious families What's good: Having an electric-only range of 200 km What's bad: Constant warnings from the driver-assistance systems that are likely to force more people to turn them off Launch date: June 2025 Starting price: €55,995 in Germany ($63,500) Platform: CMA Evo Built: Yuyao, China Annual production forecast: 6,000 in 2025, 12,000 in 2026 Lowest CO2 emissions: 23 g/km

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