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Omnitech Engineering to float Rs 583 cr IPO on Feb 25

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Omnitech Engineering to float Rs 583 cr IPO on Feb 25
Omnitech Engineering, a manufacturer of precision-engineered components, on Friday fixed a price band of Rs 216-227 per share for its Rs 583 crore upcoming Initial Public Offering (IPO).

At the upper end, the company is valued at over Rs 2,800 crore.

The company’s initial share sale will open for public consumption on February 25 and conclude on February 27, while the bidding for anchor investors will take place on February 24, according to a public announcement.

The IPO is a combination of fresh issuance of equity shares worth up to Rs 418 crore and an offer for sale component of equity shares valued at Rs 165 crore by promoter Udaykumar Arunkumar Parekh.

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Proceeds from the fresh issue will be utilised to repay debt, set up two new manufacturing facilities, fund capital expenditure requirements and general corporate purposes.


Omnitech Engineering manufactures high-precision engineered components and supplies to global customers across industries like energy, motion control & automation, industrial equipment systems, and other diversified industrial applications.
Its clientele includes Halliburton Energy Services, Suzlon, Oshkosh Aerotech, Weatherford, Lufkin Industries, Oilgear, Donaldson Company, PUSH Industries and Bharat Aerospace Metals. Rajkot-based Omnitech Engineering will compete with the likes of Azad Engineering, Unimech Aerospace and Manufacturing, PTC Industries, Dynamatic Technologies and MTAR Technologies.

The company said that half of the issue size has been reserved for qualified institutional investors, 35 per cent for retail investors and the remaining 15 per cent for non-institutional investors.

Omnitech Engineering will make its stock market debut on March 5. The IPO is being managed by Equirus Capital, and ICICI Securities.

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Aussie shares edge lower after record-breaking week

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Aussie shares edge lower after record-breaking week

Australia’s share market has clutched its highest Friday close, as earnings season continues to deliver encouraging results for its large caps.

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G Shahid Ur Rehman Drives a New Era of Sustainable and Luxury Intercity Travel in South India

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G Shahid Ur Rehman Drives a New Era of Sustainable and Luxury Intercity Travel in South India

(South India) — The intercity transportation sector in South India is witnessing significant evolution over the past three decades, driven in large measure by the leadership of G Shahid Ur Rehman, the man behind Geepee Travels. Assuming responsibility at a notably young age, he transformed a traditional bus operation into a technologically advanced, customer-centric mobility brand serving thousands of passengers across the region.

Today, the company stands as a benchmark for ultra-luxury, sustainable, safe, and affordable intercity bus travel. It is an achievement shaped by foresight, resilience, and disciplined execution.

Early Leadership and Strategic Transformation

From the beginning of his journey, G Shahid Ur Rehman demonstrated a rare blend of entrepreneurial instinct and operational expertise. Taking charge early in life, he carried out both the responsibilities and complexities of leadership. Under his direction, the organization evolved from a conventional intercity transport operator into a modern mobility enterprise defined by service excellence and operational innovation.

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Elevating Passenger Experience with Ultra-Luxury Standards

At a time when affordability and comfort were seen as mutually exclusive, he introduced ultra-luxury coach services. Their primary goal was to redefine passenger expectations. Plush seating, enhanced legroom, refined interiors, superior ride quality, and modern onboard amenities became defining characteristics of the fleet.

These enhancements established new benchmarks within the South Indian intercity bus sector, reinforcing the company’s commitment to accessible premium travel.

Commitment to Safety and Sustainability

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Luxury and innovation were complemented by a strong focus on safety and environmental responsibility. Recognizing the growing need for sustainable mobility solutions, Rehman spearheaded initiatives to incorporate fuel-efficient and lower-emission vehicles, integrate advanced safety systems, and enforce rigorous maintenance standards.

By aligning premium services with responsible operations, he demonstrated that sustainability, safety, and affordability can coexist within a single business model.

Leading from the Front

A defining feature of his leadership philosophy is active involvement. Rather than managing from a distance, he remains closely engaged in fleet oversight, service quality, customer experience strategies, and technology implementation. This hands-on approach has fostered a culture of accountability, discipline, and continuous improvement across the organization.

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Early Adoption of Digital Transformation

Long before digital transformation became a core industry imperative, G Shahid Ur Rehman recognized its disruptive potential. Through collaborations with aggregators and technology partners, Geepee Travels implemented digital booking platforms, real-time vehicle tracking, automated scheduling systems, and data-driven operational insights.

Online reservations, mobile ticketing, transparent fare structures, and streamlined communication channels significantly enhanced passenger convenience while improving operational efficiency. These forward-looking initiatives ensured that the company remained ahead of evolving market demands.

Navigating Industry Challenges with Resilience

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For over thirty years of leadership, he has successfully navigated economic cycles, regulatory reforms, industry disruptions, and shifting consumer expectations. His ability to anticipate change and respond with agility is what is instrumental in sustaining growth and maintaining customer trust during challenging periods.

Affordability has remained central to the company’s philosophy. While many operators positioned themselves exclusively within either budget or premium segments, he adopted a balanced strategy of delivering high-end amenities at competitive pricing. This democratization of luxury expanded access to quality intercity transportation across diverse passenger segments.

Industry Influence and Future Outlook

Industry observers acknowledge that his contributions extend beyond Geepee Travels. By elevating service standards and prioritizing technological integration, he has influenced broader operational benchmarks within the South Indian intercity bus ecosystem.

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Looking ahead, he envisions a future shaped by expanded sustainable fleet solutions, deeper technological integration, enhanced passenger analytics, and strategic partnerships designed to strengthen connectivity and operational efficiency. His continued emphasis on green mobility and customer-centric innovation positions the organization for its next phase of growth.

Leadership Beyond Business

Beyond his professional accomplishments, G Shahid Ur Rehman is known as a dedicated wildlife enthusiast and avid cricket follower. Drawing inspiration from nature’s balance and the discipline of sport, he integrates patience, strategic thinking, and long-term vision into his leadership approach.

About Geepee Travels

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Geepee Travels is a leading intercity bus operator in South India, recognized for its ultra-luxury fleet, technology-driven operations, and commitment to safe, sustainable, and affordable passenger transportation. Under the leadership of G Shahid Ur Rehman, the company continues to set new benchmarks in regional mobility and customer experience.

Disclaimer –

This article is a work of original content created for public relations and informational purposes only. It may be published across multiple digital platforms with the full knowledge and consent of the author/publisher. All images, logos, and referenced names are the property of their respective owners and used here solely for illustrative or informational purposes. Unauthorized reproduction, distribution, or modification of this article without prior written permission from the original publisher is strictly prohibited. Any resemblance to other content is purely coincidental or used under fair use policy with proper attribution.

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Broadcom Stock: AI Capex Panic Is Your Opportunity (NASDAQ:AVGO)

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Broadcom Stock: AI Capex Panic Is Your Opportunity (NASDAQ:AVGO)

This article was written by

I am a fundamental investor and writer who specializes in forensic analysis of company financials. My research blends deep financial-statement work with industry context to identify both overlooked winners and trends in development. I want the story behind the numbers, not just talking points. My primary sector focus is technology and large caps, and I also cover select consumer and industrial names where market trends create opportunity. My investing approach is long-term and evidence-driven: I prioritize cash-flow sustainability, conservative balance-sheet analysis, and buying with a margin of safety. I bring professional experience in financial advice and formal education in accounting to my research. I write on Seeking Alpha to translate my research into readable, actionable insight so readers can make better, risk-aware decisions. Follow for high-conviction idea write-ups.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of AVGO either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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US trade deficit in goods reaches record high with Thailand, Vietnam, and Taiwan

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US trade deficit in goods reaches record high with Thailand, Vietnam, and Taiwan

The United States trade deficit in goods reached an all-time record of $1.24 trillion in 2025, driven by a surge in imports that outpaced export growth despite the imposition of heavy tariffs.

While the widening trade gap contributed to a downward revision of fourth-quarter GDP growth estimates, the high volume of capital goods imports—particularly those related to artificial intelligence and data center infrastructure—indicates sustained business investment.

Key Points

  • The U.S. goods trade deficit hit a historic high of $1.24 trillion in 2025, with the December trade gap widening 32.6% to $70.3 billion, far exceeding economist forecasts.
  • Record-breaking goods trade deficits were recorded with several nations, including Mexico, Vietnam, Taiwan, Ireland, Thailand, and India.
  • In contrast to the global trend, the goods trade deficit with China narrowed significantly, falling to $202.1 billion from $295.5 billion the previous year.
  • Import growth was driven primarily by capital goods such as computers, telecommunications equipment, and computer accessories, largely fueled by the construction of data centers to support artificial intelligence.
  • Despite protectionist trade policies, U.S. manufacturing did not see a resurgence; factory employment decreased by 83,000 jobs between January 2025 and January 2026.

The larger-than-expected trade deficit prompted the Atlanta Federal Reserve to lower its fourth-quarter GDP growth estimate from a 3.6% to a 3.0% annualized rate. While the labor market remains relatively stable, economists noted that hiring has become sluggish due to tariff-related uncertainty and the impact of artificial intelligence.

Ultimately, the data suggests that the aggressive tariff policies failed to reduce overall trade imbalances or spark a manufacturing renaissance, as evidenced by declining factory employment and record deficits with multiple trading partners.

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Furthermore, these policies led to increased costs for consumers and businesses, as tariffs raised the prices of imported goods and materials. Many industries reliant on global supply chains faced disruptions, further hampering their competitiveness in international markets. Instead of fostering economic growth, the measures appeared to exacerbate tensions with key trading partners, resulting in retaliatory tariffs that compounded the challenges for exporters.

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Asos co-founder dies after Thailand balcony fall

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Asos co-founder dies after Thailand balcony fall

Quentin Griffiths co-founded Asos in 2000 and remained a significant shareholder after leaving the firm five years later.

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Garmin Stock Is Surging. There’s More to Its Move Than Solid Earnings.

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Garmin Stock Is Surging. There’s More to Its Move Than Solid Earnings.

Garmin Stock Is Surging. There’s More to Its Move Than Solid Earnings.

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Closing factory workers paid to help at food bank

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Closing factory workers paid to help at food bank

Dutch coffee-making giant Jacobs Douwe Egberts (JDE) will close its plant in Banbury this year.

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UK government finances better than expected in January

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UK government finances better than expected in January

Chief Secretary to the Treasury, James Murray said: “We know there is more to do to stop one in every £10 the government spends going on debt interest, and we will more than halve borrowing by 2030-31 so that money can be spent on policing, schools and the NHS.”

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Fundamentals intact but markets search for fresh triggers, says Karthikraj Lakshmanan

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Fundamentals intact but markets search for fresh triggers, says Karthikraj Lakshmanan
Indian equities appear to have moved past several key uncertainties — from trade developments to recent earnings — yet the market continues to search for its next catalyst. Speaking to ET Now, Karthikraj Lakshmanan from UTI AMC said the macro backdrop remains supportive, noting that “macros are quite good… Q3 earnings were in line… fundamentals look good,” even though sector-specific corrections have weighed on the index in recent sessions.

He acknowledged the disconnect between positive fundamentals and subdued market performance, as the anchor observed that “on paper everything looks okay… but it is not reflecting on the ticker.” Lakshmanan responded that “flows are difficult to predict… if fundamentals and earnings accelerate, markets will follow,” adding that the environment is increasingly becoming a bottom-up market where stock selection matters more than broad liquidity trends.

Looking ahead, he struck an optimistic tone on growth, pointing out that “FY25–FY26 saw single-digit growth… FY27 could see double-digit GDP and earnings growth,” which he believes should support equities even without major earnings upgrades. On valuations, Lakshmanan said “large caps look more attractive… private banks have reasonable valuations,” highlighting financials as one of the more compelling pockets after recent corrections.

Discussing capital goods, he noted that while “business has done well post-COVID… government capex continues,” valuations in several names remain elevated, making selectivity important for investors. On broader markets, he reiterated that “diversification is a must,” adding that although indices may not show deep cuts, many individual mid- and small-cap stocks have undergone “silent corrections,” creating selective opportunities.

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In the consumption space, Lakshmanan said “discretionary and durables have better growth prospects,” while within staples, foods appear structurally stronger. On autos, he observed that “PV growth remains strong… valuations must be watched,” and described the electric vehicle opportunity as evolving gradually rather than offering immediate pure-play opportunities.


Turning to primary markets, he said the “pipeline is strong,” suggesting that muted subscriptions and listings are largely cyclical and reflect market conditions rather than a lack of quality issuers.
Overall, Lakshmanan’s message was clear: while near-term triggers may be elusive, improving growth prospects and steady fundamentals should continue to underpin markets, with disciplined stock selection and valuation awareness remaining key for investors.

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Vita Coco Stock Will Bounce Back From Earnings Slump. Here’s Why.

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Vita Coco Stock Will Bounce Back From Earnings Slump. Here’s Why.

Vita Coco Stock Will Bounce Back From Earnings Slump. Here’s Why.

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