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Karan Johar reveals he’s tired of people asking him ‘are you on Ozempic, Mounjaro’: ‘I finally feel confi  Times of India

Mumbai: Ather Energy, the first mainboard listing on BSE in FY26, had a mildly positive start before the electric two-wheeler maker skid 6% on Tuesday, mirroring the broader market weakness that masked the relatively respectable retreat for the biggest gauges.The stock opened at ₹328 apiece on NSE, logging a 2.2% premium over the issue price. On BSE, the stock opened at ₹326.05, up 1.6%. It ended the circumspect trading session at ₹302.50, down 5.8% below the IPO price of ₹321 apiece."The issue opened positively, and I can't ask for more, frankly," Ather's CEO Tarun Mehta told ET on the sidelines of the company's listing ceremony in Mumbai. "Ultimately, the timing really came down to the fact that we are in the midst of a fantastic growth journey right now." The company's book-built issue was subscribed 1.43 times with qualified institutional buyers (QIBs) coming in on the final day. Ather launched its ₹2,981-crore public issue between April 28 and 30, after raising ₹1,340 crore from anchor investors on April 26. Mehta said the company is scaling up using a capex-light retail model, and is tapping into India's expanding base of value-conscious upgraders. "This (growth) is only with 260 stores pan-India, while our peers are operating with a very large number of stores. So, as we start unlocking new dealerships and we let our new products grow, I think the growth in the near term is going to be fantastic," he added.Discussing the company's capital expenditure approach, Mehta said the company has always been cautious with cash deployment, focusing investments in areas such as R&D and brand-building while avoiding capital-heavy verticals such as company-owned retail outlets or cell manufacturing. This "capital discipline", he added, would remain core to the company's operating DNA. Of the net proceeds from the IPO, ₹927.2 crore will be used to fund Ather's new manufacturing plant in Chhatrapati Sambhajinagar (formerly Aurangabad), Maharashtra, the company said in its issue prospectus. It has earmarked ₹750 crore for R&D, ₹300 crore for marketing, and ₹40 crore for debt repayment. These funds will be deployed over FY26 to FY28. According to the state-run Vahan data, Ather held a 14.3% share of the electric two-wheeler market in April 2025, behind TVS Motor, Ola Electric, and Bajaj Auto. Mehta said Ather would seek to go beyond the premium segment. "Our bet is that our strategy of focusing on the upgrading Indian customer will pay off big dividends," Mehta said.

1. IPL 2025: Match 57, KKR vs CSK Match Prediction – Who will win today’s IPL match between KKR vs CSK?  CricTracker
2. IPL 2025, KKR vs CSK 57th Match Match Preview - Another day, another must-win game for KKR against CSK  ESPNcricinfo
3. KKR vs CSK, IPL 2025 Dream11 prediction: Best fantasy picks for Kolkata Knight Riders vs Chennai Super Kings  India TV News
4. KKR know how to shut out noise around MS Dhoni craze: Chandrakant Pandit  India Today
5. Relaxed but not content, Knights ready to fight Chennai Super Kings at Eden Gardens on Wednesday  Telegraph India

Mumbai: The stock market ended weak on Tuesday as investors were on edge amid indications of a military conflict between India and Pakistan.India said on early Wednesday that it has carried out Operation Sindoor hitting terrorist infrastructure in Pakistan and Pakistan-occupied Jammu and Kashmir. India targeted the terror infrastructure from where terrorist attacks against India have been planned and directed, the Indian Army said.The BSE Sensex fell 0.2%, or 155.7 points, to close at 80,641, while the NSE Nifty-50 slipped 0.3%, or 81.55 points to end at 24,379. Adani Enterprises, Jio Financial, SBI Life, Trent, and Eternal were among the top Nifty losers.The broader market took a sharper hit, with the Nifty Midcap 150 and Nifty Smallcap 250 indices dropping 2% and 2.2%, respectively. Out of the 4,072 shares traded on BSE, 3,209 declined, while 742 advanced."The geopolitical tensions between India and Pakistan have put a halt to the strong market rally seen in the past 15-16 days," said Shrikant Chouhan, Head - Equity Research, Kotak Securities.Chouhan said the uncertainty could result in the Nifty falling 200-400 points, but a sharper fall is unlikely unless something significantly adverse like a war erupts. 120946600Investors will also keep a close watch on the outcome of the US Federal Reserve's rate-setting meeting on May 7. While the American central bank is expected to keep interest rates unchanged, Fed chairperson Jerome Powell's assessment of inflation and growth in the wake of tariff-related uncertainties could drive the near-term market trends.At home, shares of state-run banks were among the top laggards on Tuesday, with the Nifty PSU Bank index plunging 4.8%. Bank of Baroda plunged 10.9% after its fourth quarter results fell below market expectations. Other PSU banks such as Bank of India, Union Bank, Indian Overseas Bank, Central Bank of India and Canara Bank dropped 5-7%.Foreign portfolio investors (FPIs) were net buyers worth ₹3,795 crore on Tuesday, while DIIs sold equities worth ₹1,398 crore.

1. Inter defeat Barcelona by equalling Champions League semifinal record  Al Jazeera
2. Inter Milan, Barcelona write new chapter in UCL folklore  ESPN India
3. Soccer-Inter's Inzaghi wouldn't swap his players for anyone after Barca thriller  Hindustan Times
4. UEFA Champions League semifinals: What happens if Inter vs Barcelona ends in a draw? Is there extra time?  Sportstar
5. Davide Frattesi Shoots Inter Milan Into Champions League Final After Barcelona Epic  NDTV Sports

1. Heavy exchange of artillery fire takes place at LoC in Jammu and Kashmir  ANI News
2. Pak Army Suffers Casualties As India Retaliates To Artillery Firing: Sources  NDTV
3. Heavy shelling by Pakistan along LoC, Srinagar airport closed  Hindustan Times
4. 3 civilians killed in indiscriminate firing by Pakistan military across LoC, International Border: Army  Times of India
5. Pak troops resorts to unprovoked firing along LoC in 8 sectors across J-K, Indian Army retaliates  The Hindu

1. Shingles Shot Reduces Cardiovascular Events by 23%  Vax-Before-Travel
2. Shingles vaccine could lower risk of heart disease by 23 per cent, study finds  ET HealthWorld
3. Shingles vaccine may directly guard against dementia, study hints  Live Science
4. From 39p over-the-counter pills to free NHS jabs - the 5 common drugs that could slash your risk of dementia  The Sun
5. Zoster Vax & Heart Disease; Jewel WCD OK'd; Carotid Revascularization for Low-Risk?  MedPage Today

1. Air raids, blackouts: Mock drill in Delhi tomorrow amid rising Indo-Pak tensions  The Indian Express
2. ​Persuasion strategy: On the civil defence preparedness drills  The Hindu
3. Mock drill: No need to panic, says Pune dist collector  Hindustan Times
4. Mock Drill on May 7: What to expect in Delhi, Mumbai, Bengaluru & other cities – Check timings, full details inside  Mint
5. Air raid sirens, evacuations & first aid: What you should know about today's 4pm drill  Times of India

1. India trade deal could undercut UK business, opposition parties say  BBC
2. "Biggest Deal UK Has Done Since...": Keir Starmer In Phone Call With PM Modi  NDTV
3. All whiskies to be cheaper after duty cut on Scotch  Times of India
4. Gokaldas Exports, Arvind, other textile stocks in focus after India-UK sign FTA  CNBC TV18
5. Farmers protest U.K. trade deal saying it’s a threat to agriculture and MSMEs  The Hindu

India announced that precise strikes have been carried out against nine targets in Pakistan and Pakistan Occupied Kashmir to take down terror infrastructure. The strikes are in response to a the killing of 26 civilians, mostly tourists, who were targeted by terrorists in Pahalgam.Named Operation Sindoor, the strikes hit terrorist infrastructure in Pakistan and Pakistan-occupied Jammu and Kashmir from where terrorist attacks against India have been planned and directed, officials said.Also Read | Operation Sindoor: 'Bharat Mata ki jai', hails Rajnath Singh as India strikes Pakistan, PoK after Pahalgam attackReuters reported citing witnesses that the city’s power was blacked out after the explosion.They said that nine sites were targeted and the actions carried out are focused, measured and non-escalatory in nature. It was also made very clear that no Pakistani military facilities have been targeted.India has demonstrated considerable restraint in selection of targets and method of execution. According to ET sources, the strike was a joint operation by the Indian Army and Air Force using precision strike weapons.— adgpi (@adgpi) These steps come in the wake of the barbaric Pahalgam terrorist attack in which 25 Indians and one Nepali citizen were murdered. We are living up to the commitment that those responsible for this attack will be held accountable,” officials said.News agency ANI, citing sources, reported that Indian forces deliberately selected strike locations to target senior leadership of Jaish-e-Mohammed and Lashkar-e-Taiba for their involvement in orchestrating and supporting terrorist activities against India.Moreover, the name "Operation Sindoor" seems to have been taken to avenge the death of young Indians who were in Kashmir to celebrate their wedding, in particular navy Lt Vinay Narwal. A photo of his wife post the dastardly attack went viral, evoking strong sentiments across the country.Also Read | Operation Sindoor: Jet flyovers, blasts jolt Kashmir overnight as India avenges Pahalgam attackDefence Minister Rajnath Singh hailed the move in a post on X. "Victory to Mother India!," he wrote.— rajnathsingh (@rajnathsingh) Meanwhile, according to a report by Pakistani media outlet Dawn, Inter-Services Public Relations (ISPR) Director General Lt Gen Ahmed Sharif Chaudhry stated early Wednesday that India had launched missile strikes targeting Kotli, Bahawalpur, and Muzaffarabad.Also Read | In shadow on wargames, India carries out Op Sindoor to punish Pakistan“Some time ago from now...India launched air strikes on Subhanullah mosque in Bahwalpur’s Ahmed East area, Kotli and Muzaffarabad at three places from the air. All of our air force jets are airborne," he said, reported Dawn citing ARY News.As a response to the strike, the Pakistani leader told ARY News, "Let me say it unequivocally: Pakistan will respond to this at a time and place of its own choosing. This heinous provocation will not go unanswered."

1. Oil Jumps as Traders Buy the Dip  Crude Oil Prices Today | OilPrice.com
2. Oil up on signs of more Europe and China demand, less US output  The Economic Times
3. Oil Prices Surge as Market Shrugs Off OPEC Quota Shock  Crude Oil Prices Today | OilPrice.com
4. Global stock markets mixed as crude oil prices fall on OPEC+ supply boost  Times of India
5. BS EDIT: Opec's output boost aims to enforce order—but at what price?  Business Standard