Mon Oct 07 12:53:37 UTC 2024: ## Hero Motors Scraps Rs 900 Crore IPO, While Market Slumps
**New Delhi:** Hero Motors has cancelled its planned initial public offering (IPO) worth Rs 900 crore, citing unfavorable market conditions. This announcement comes amidst a broader market slump, with the Sensex falling over 600 points and Nifty ending below 25,000.
**Other headlines:**
* NewJeans’ parents are accusing HYBE of covering up workplace harassment against Hanni, claiming the label deleted crucial evidence.
* OnePlus is gearing up for the launch of its OnePlus 13, with leaks revealing details about its design, camera, and specifications.
* A video has gone viral of a heated exchange between Islamic preacher Zakir Naik and a Pakistani girl on issues of Islam and pedophilia.
* Gymnast Dipa Karmakar announced her retirement, sharing a heartfelt post on X.
* A leopard leaping onto a moving bus in Bengaluru’s National Park caused panic among passengers, captured in a viral video.
* Amidst a global economic slowdown, the Indian Rupee remains strong, surpassing the value of 7 global currencies.
**The market continues to grapple with economic uncertainties, impacting corporate decisions and investor sentiment.**
First Piper 