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ITI cuts FPO price band, extends issue period

Tuesday, January 28, 2020, 8:13 PM

State-run ITI cut the price band for its ongoing follow-on public offer (FPO) to raise up to Rs 1,400 crore, and extended the issue until January 31. The issue was initially slated to close today. The telecom equipment maker cut the price band to Rs 71-77 per share, from Rs 72-77 per share following a tepid response.
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Worldwide smartphone sales will grow 3% this year: Gartner

Tuesday, January 28, 2020, 8:13 PM

Worldwide sales of smartphones to users are on track to reach 1.57-billion units in 2020, an increase of 3% year over year, according to research firm Gartner. In 2019, worldwide smartphone sales declined 2%, the first-time since 2008, as the global smartphone market experienced a decline. In 2020, the market is expected to rebound with the introduction of 5G network coverage in more countries.
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Sharjeel Imam arrested by Delhi Police from Jehanabad

Tuesday, January 28, 2020, 8:11 PM

Under fire for his inflammatory speeches, JNU student Sharjeel Imam was arrested from Bihar's Jehanabad on Monday. Sharjeel Imam was wanted by the police of several states, including Uttar Pradesh, Assam, Manipur, Arunachal Pradesh and Delhi. "Sharjeel Imam has been arrested from his native Kako village in Jehanabad," Bihar's Director General of Police Gupteshwar Pandey said.

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