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Jio plans to launch IPO on October 21: Listing, face value and key details

Mukesh Ambani's Jio Platforms is preparing for a significant IPO to raise approximately $3.8 billion. The IPO is expected to open on October 21 and shares will debut on October 28. This IPO aims to reduce debt and will involve a fresh issue of equity shares. Jio Platforms seeks a valuation between $143 billion and…

Wisconsin turned foundry sand into road material for major highways

$14 billion worth of IPO shares set for lock-in expiry to hit Dalal Street by December

In the upcoming three months, a significant event will unfold as lock-ins will expire for shares in 91 companies, releasing approximately $14 billion worth of stocks. Notably, the Central Mine Planning & Design Institute will see a release of 464 million shares. As various companies unlock shares through November and…

September Auto Sales Review: Tractors Falter; TVS & Maruti Beat Estimates — Check Top Picks

Indian auto companies reported a mixed set of monthly sales numbers, with passenger vehicle and commercial vehicle makers largely posting strong year-on-year growth, while tractor manufacturers faced pressure.

Microsoft co-founder gave $100M to brain research; his institute mapped 21,000 genes

Paul G. Allen invested $100 million in 2003 to establish the Allen Institute for Brain Science in Seattle. This institute focused on creating the Allen Brain Atlas, which mapped gene activity in the mouse brain. The Atlas revealed that approximately 80% of genes are active in the brain, surpassing previous estimates.…

What happened between TikToker Gorgeous Doll and Kai Cenat after the alleged twin pregnancy

Gorgeous Doll shared an intricate account of her affair with Kai Cenat, asserting claims of a twin pregnancy and their financial talks. She revealed they became intimate after meeting in 2023, which led to her pregnancy announcement. Gorgeous Doll presented Cenat with two options: either provide child support or…

SRK's net worth is Rs 12,000 crore which is 4x times more than Salman, Aamir, Akshay, says analyst

JS Khepar's evaluation reveals the staggering net worths of Bollywood's finest, with Shah Rukh Khan reigning supreme. Salman Khan's wealth hovers between Rs 3,000 crore and Rs 3,200 crore, while Akshay Kumar is valued at approximately Rs 2,700 crore to Rs 2,800 crore. Aamir Khan's finances stand between Rs 1,900 crore…

Supreme Court's new term kicks off with blockbuster climate change case

The case centers on whether local governments can hold giant energy companies accountable for the local harms of climate change, but it has repercussions beyond climate.

Morning news brief

Investigators are still searching for the motive behind a midair attack aboard a FlyDubai plane, SCOTUS term begins with climate change case, Brazil's presidential race heads to run-off.

U.S. military says its withdrawal of troops from Iraq complete

Iran, which says its ultimate aim is to force American forces to leave the entire West Asia, casts the U.S. withdrawal from Iraq as a victory for its “axis of resistance” of allied armed groups across the region

Robbery At CaratLane Store In Hyderabad, Jewellery Worth Rs 2 Crore Stolen

The preliminary loss is estimated at around Rs 2 crore, though the exact value will be known only after the showroom completes a detailed inventory.

IMF clears the way for Sri Lanka to draw $345 million

The IMF warned that higher energy prices, the El Niño climate phenomenon and the West Asia conflict could threaten Sri Lanka’s economic recovery