A ‘blockbuster’ tag attached to mega IPOs has not always translated into blockbuster returns for investors over the years. The post-listing story, in some cases, has been less rewarding. Of the 11 big IPOs that raised over ₹9,500 crore each through public issues since 2021, 7 are currently trading below their respective issue prices, … Read more
An Indian pilot, Smit Machchhar, was stabbed on a flydubai flight from Dubai to Tel Aviv. He reportedly foiled an attempt to crash the plane, which made an emergency landing in Saudi Arabia. Israeli officials termed it a major security incident. Indian Pilot Stabbed While Thwarting Crash Attempt The pilot who was stabbed and severely … Read more
SFI activists protested near the Delhi Secretariat over recent rape cases, demanding women’s safety. They submitted an 11-point charter, criticising the government and Delhi Police for their “anti-women” policies and failure to register FIRs. Students’ Federation of India (SFI) activists held a protest near the Delhi Secretariat over the recent rape cases in the national … Read more
Morgan Stanley raised its PANW target to $410 from $394 recently, calling it a key beneficiary of increased cybersecurity spending, according to TheFly. BTIG raised its target on Palo Alto stock to $425 from $404 while maintaining a ‘Buy’ rating. Nvidia launched an AI agent safety platform with Palo Alto and CrowdStrike among more than … Read more
Top automakers like Maruti Suzuki, Tata Motors, and Hyundai have lauded the government’s new CAFE III norms. The framework offers a clear roadmap for future investments, encouraging diverse technologies to meet stricter fuel-efficiency targets. Leading passenger vehicle makers Maruti Suzuki, Tata Motors and Hyundai Motor India welcomed the government’s new Corporate Average Fuel Economy (CAFE) … Read more
India’s star batter Rohit Sharma became the third Indian after Sachin Tendulkar and Virat Kohli to complete 12,000 ODI runs. He is the second-fastest to the milestone, achieving it in 282 innings, behind only Virat Kohli (242 innings). At 39, India’s star batter Rohit Sharma continues to add new chapters to his remarkable ODI career, … Read more
West Indies captain Shai Hope scored his 20th ODI century against India, surpassing Brian Lara’s record. Following this milestone, an old clip resurfaced revealing how invaluable advice from MS Dhoni transformed Hope’s batting approach. Hope has become a dependable anchor for the West Indies, amassing over 6,400 runs in his ODI career. The West Indies … Read more
Altmann argued that AI companies and hyperscalers are not entirely immune to higher interest rates, noting that 10-year real yields are as high as they were at the peak of the 2008 financial crisis. Altmann said equities have become more expensive after adjusting valuations for the roughly 100-basis-point move in rates. He said delayed IPOs … Read more
A fast-track court in Kalpetta sentenced a man to 63 years in jail and imposed a fine of Rs 3.15 lakh for sexually assaulting his minor daughter. The court delivered the verdict in the POCSO case after finding him guilty. Kalpetta: A fast track court here gave a massive 63-year jail term to a father … Read more
India’s external debt rose to USD 778.2 billion by June-end 2026, an increase of USD 15.4 billion. However, the external debt to GDP ratio remained stable at 20.8%, according to RBI data. Short-term debt repayment obligations also increased. India’s External Debt Rises to $778.2 Billion India’s external debt rose to USD 778.2 billion at the … Read more