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Thirty-five people were killed and 43 others injured when a car rammed into a crowd in China's Zhuhai City on Monday, official media reported on Tuesday. Zhuhai is currently hosting China's prestigious airshow. While the details of the incident have not yet been released, the state-run Xinhua news agency said that 35 people were killed and 43 others injured after a car rammed into people. A 62-year-old driver has been detained, police said. It was not immediately clear whether it was an accident or an attack. President Xi Jinping has urged all-out efforts to treat the people injured in the car-ramming case in Zhuhai City. Xi also demanded punishment for the perpetrator in accordance with the law, the Xinhua report said.

Healthcare services provider Inventurus Knowledge Solutions and packaging company Manjushree Technopack have received a go-ahead from the Securities and Exchange Board of India (SEBI) to raise funds through initial public offerings (IPOs).After refiling their IPO papers in August, the companies received regulatory approval between November 4 and 8. Shares of the companies would be listed on the BSE and the National Stock Exchange (NSE).Inventurus Knowledge SolutionsMumbai-based Inventurus Knowledge Solutions' IPO comprises an offer for sale (OFS) of up to 2.82 crore equity shares, each having a face value of Re 1, by promoters and individual shareholders, with no fresh issue component.The healthcare services provider would not receive any proceeds from the IPO and the entire fund will go to shareholders, since the issue is entirely an offer for sale. The promoters collectively possess 10.74 crore shares, which make up about 62.6% of the company's issued, subscribed, and paid-up equity share capital, as per the draft red herring prospectus (DRHP).The Mumbai-based firm is a technology-enabled healthcare solutions provider and a care enablement platform assisting enterprises in the US, Canada and Australia, with a focus on the US markets.The IPO will be managed by a consortium of book-running lead managers, including ICICI Securities Limited, Jefferies India Private Limited, JM Financial Limited, J.P. Morgan India Private Limited and Nomura Financial Advisory and Securities (India) Private Limited.Also Read | Zinka Logistics IPO: GMP at 8% ahead of issue opening on WednesdayManjushree TechnopackManjushree Technopack is planning to raise Rs 3,000 crore through its IPO. The proposed IPO will consist of a fresh issue of Rs 750 crore and an OFS of equity shares worth Rs 2,250 crore, primarily involving the sale of shares by AI Lenarco Midco Ltd, which currently holds a 97.54% stake in the firm, according to the draft red herring prospectus.The offer also includes a reservation for a subscription by eligible employees.Proceeds from the fresh issue would be allocated for various purposes, including repaying Rs 500 crore of debt and funding inorganic growth through acquisitions and other strategic initiatives.Founded in 1987, Manjushree Technopack is a one-stop packaging solutions provider with end-to-end capabilities from design to delivery. The IPO will be managed by a consortium of book-running lead managers, including JM Financial, Avendus Capital, Citigroup Global Markets, and ICICI Securities.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)