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  • Prostarm Info Systems IPO day 1 Live: GMP, review, subscription status, other details. Apply or not?

    The initial public offering (IPO) of Prostarm Info Systems Limited hit the Indian primary market today. The public issue will remain open until 29 May 2025. Prostarm Info Systems IPO will remain open from Tuesday to Thursday this week. The company has fixed the Prostarm Info Systems IPO price band at ₹95 to ₹105 per equity share. The public issue aims to raise ₹168 crore by issuing fresh shares, which is proposed for listing on the BSE and the NSE. Ahead of the Prostarm Info Systems IPO subscription opening, shares of the company are trading at a premium of ₹27 per equity share in the grey market today. According to stock market observers, company shares are trading at par in the grey market today.

    Prostarm Info Systems IPO subscription status

    By 1:45 PM on day one of bidding, the book build issue had been booked 1.93 times, the retail portion had been subscribed 2.53 times, and the NII segment had been booked 3.11 times. The QIB portion has been filled 0.02 times.

    Top 10 Prostarm Info Systems IPO details

    1] Prostarm Info Systems IPO GMP today: Market observers say the company’s shares are trading at a premium of ₹27 in the grey market today

    2] Prostarm Info Systems IPO price: The company has fixed Prostarm Info Systems IPO price band at ₹95 to ₹105 per equity share.

    3] Prostarm Info Systems IPO date: The IPO will remain open from Tuesday to Thursday.

    4] Prostarm Info Systems IPO size: The public issue aims to raise ₹168 crore by issuing fresh shares.

    5] Prostarm Info Systems IPO lot size: A bidder can apply in lots, and one lot of the book build issue comprises 142 company shares.

    6] Prostarm Info Systems IPO allotment date: The most likely date for finalising share allocation is 30 May 2025.

    7] Prostarm Info Systems IPO registrar: KFin Technologies Limited has been appointed official registrar of the public issue.

    8] Prostarm Info Systems IPO investment limit: A retail investor can apply for a minimum of one lot and a maximum of 13 lots. This means the minimum amount required to apply for the book build issue is ₹14,910 ( ₹105 x 142), and the maximum investment allowed for a retail investor is ₹1,93,830 [( ₹105 x 142) x 13].

    9] Prostarm Info Systems IPO listing date: The public issue is proposed for listing on the BSE and the NSE, and the most likely date for share listing is 3 June 2025.

    Prostarm Info Systems IPO: Apply or not?

    10] Prostarm Info Systems IPO review: On whether the public issue is good or bad for primary market investors, Gaurav Goel, Founder and director at Fynocrat Technologies, said, “Prostarm Info Systems is focusing on a fast-growing area like providing reliable power, storing energy, and supporting clean, green energy solutions. Backed by a diversified customer base, proven financials, and expansion-ready infrastructure, the company appears well-positioned to benefit from rising energy needs in industrial and mission-critical sectors.”

  • Donald Trump’s 25% tariff on India-made iPhones could face legal heat, California AG says: ‘We’ll make sure…’

    California AG Rob Bonta warns he may sue over Trump’s 25% tariff threats on Made-in-India iPhones. Trump urged Apple to manufacture in the US, leading to tensions as Apple planned US sales of India-made phones. Bonta vows to protect California companies’ rights amid trade disputes.

    Donald Trump’s 25% tariff threats on Made-in-India iPhones could face a potential lawsuit from California Attorney General Rob Bonta. Earlier this week, Trump said he had told Apple CEO Tim Cook to fully manufacture iPhones in the US or face a 25% tariff on iPhones made in India or anywhere else in the world.

    Notably, amid rising trade tensions and Trump’s reciprocal tariffs, Apple had planned to sell all of India-made iPhones in the US. However, Trump had told the company, “I hear you are building all over India. I don’t want you building in India… India can take care of themselves”

    California AG Rob Bonta has now said that his office is currently monitoring the situation and will protect the rights of California companies, even from the President of the US.

  • Anthropic CEO: AI could be more factually reliable than people in structured tasks

    Anthropic CEO Dario Amodei claims that modern AI models may surpass humans in factual accuracy in structured scenarios. He noted that AI, particularly the Claude series, tends to hallucinate less often than humans when answering specific factual questions.

    Artificial intelligence may now surpass humans in factual accuracy—at least in certain structured scenarios—according to Anthropic CEO Dario Amodei. Speaking at two major tech events this month, VivaTech 2025 in Paris and the inauguralCode With Claude developer day, Amodei asserted that modern AI models, including the newly launched Claude 4 series, may hallucinate less often than people when answering well-defined factual questions, reported Business Today.

    Hallucination, in the context of AI, refers to the tendency of models to confidently produce inaccurate or fabricated information, the report added. This longstanding flaw has raised concerns in fields such as journalism, medicine, and law. However, Amodei’s remarks suggest that the tables may be turning—at least in controlled conditions.

    “If you define hallucination as confidently stating something incorrect, humans actually do that quite frequently,” Amodei said during his keynote at VivaTech. He cited internal testing which showed Claude 3.5 outperforming human participants on structured factual quizzes. The results, he claimed, demonstrate a notable shift in reliability when it comes to straightforward question-answer tasks.

  • Apple prepares ‘Solarium’ interface and Apple Intelligence AI for WWDC 2025: Mark Gurman

    Apple’s WWDC 2025, scheduled for June 9-13, will likely feature a major visual redesign called Solarium, inspired by visionOS. The update could aim for a cohesive aesthetic across all operating systems and introduces AI features and significant iPadOS upgrades for improved productivity.

    Apple is preparing for its highly anticipated Worldwide Developers Conference (WWDC) 2025, which will take place from 9 to 13 June. According to recent reports, a major visual redesign is expected to headline the event, alongside new artificial intelligence features and significant updates to iPadOS.

    In his latestPower On newsletter, Bloomberg’s Mark Gurman suggested that Apple is planning to introduce a completely revamped user interface across its operating systems, including iOS, iPadOS, macOS, watchOS, and tvOS. Internally referred to as “Solarium”, this new design language is reportedly inspired by Apple’s visionOS, the interface behind its Vision Pro mixed-reality headset.

    Solarium is expected to bring a cohesive and modern visual style across Apple’s ecosystem. While Apple has yet to officially comment on the redesign, the update is believed to include softer, more rounded icons, sometimes referred to as “squircles”, along with frosted glass effects and layered floating elements.

  • Google Pixel 10 series may feature vibrant colours, Android 16, and AI-powered upgrades: Report

    The upcoming Pixel 10 series from Google could feature four models, including a foldable version, and introduce vibrant colours like Limoncello. Enhanced AI capabilities and a MediaTek T900 modem are expected, along with themed wallpapers.

    Google appears to be gearing up for an August unveiling of its much-anticipated Pixel 10 series, which is expected to bring notable upgrades and a splash of new colour to its flagship smartphone lineup. The series is rumoured to include four distinct models, the Pixel 10, Pixel 10 Pro, Pixel 10 Pro XL, and the foldable Pixel 10 Pro Fold, all potentially powered by Google’s next-generation Tensor G5 chipset.

    According to a leak shared by Mystic Leaks on Telegram, the Pixel 10 family will likely offer a refreshed palette of colour options, with the base model introducing a vibrant yellow variant dubbed Limoncello. This marks a return to the company’s affinity for cheerful hues, reminiscent of the Sorta Sunny colour featured on the Pixel 6 Pro.

    Leaked colour options

    The Pixel 10 is reportedly set to launch in four bold shades: Blue, Limoncello (Yellow), Iris (Purple), and Obsidian (Black). In contrast, the higher-end Pixel 10 Pro and Pixel 10 Pro XL are expected to take a more refined approach with muted tones including Green, Sterling (Grey), Porcelain (White), and Obsidian (Black).

    For context, the current Pixel 9 was released in Peony, Porcelain, Obsidian, and Wintergreen, while the Pixel 9 Pro and Pro XL were available in Hazel, Porcelain, Rose Quartz, and Obsidian.

    Adding a touch of personalisation, Google is also said to be preparing a collection of 40 themed wallpapers tailored to complement the upcoming colourways.

  • After Apple, Samsung could be hit by 25% US import tariff on Galaxy devices: Report

    Samsung Galaxy smartphones could face a dramatic price surge in the United States, with estimates suggesting a rise of up to 40 per cent if proposed tariffs on foreign-manufactured phones come into effect.

    Reportedly, the potential increase stems from a recent announcement by former US President Donald Trump, who confirmed that a 25 per cent tariff would apply not only to Apple but to “anybody” selling phones built abroad and sold in the American market. This clarification came days after an initial statement that seemed to target Apple exclusively.

    With the proposed deadline for implementation approaching towards the end of June, concerns are mounting within the industry. According to a report from South Korean publication FNNews, Samsung’s Galaxy devices are particularly vulnerable due to the company’s complete lack of manufacturing facilities in the US. Most of Samsung’s smartphone production is currently based in Vietnam and other international locations.

    The report warns that the flagship Galaxy line, including the soon-to-be-launched Galaxy Z Fold 7 and Flip 7, may become significantly more expensive for US consumers if the tariffs are imposed. Prices could rise by between 30 and 40 per cent, potentially pushing the Fold 7’s price tag to as much as $2,500 — a considerable jump from its predecessor.

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