Reliance Jio Files Red Herring Prospectus for Upcoming IPO
Reliance Jio has filed its red herring prospectus for a public offering scheduled between October 21 and October 23, poised to become India's largest IPO.
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Government Drafting Dedicated Policy Framework for Data Centres Amid Power Demand Concerns
Union Minister Jitin Prasada announced that India is developing a specific policy for data centres to balance infrastructure growth with consumer electricity needs.
Jio Platforms Eyes Record-Breaking IPO Amid Substantial Investor Interest
Reliance-backed Jio Platforms is reportedly preparing for a massive initial public offering as investor interest in the digital powerhouse surges past $20 billion.
Government Announces ₹2,009 Crore Diwali Bonus for 11.4 Lakh Railway Staff
Railway Minister Ashwini Vaishnaw has announced a festive bonus payout equivalent to 78 days of wages for over 11 lakh employees.
Government Approves Sale of IDBI Bank Stake to Fairfax for ₹52,878 Crore
The Cabinet Committee on Economic Affairs has officially approved the strategic restructuring and divestment of IDBI Bank, marking a significant milestone in India's public sector reform agenda. The d...
Sunil Mittal Claims Bharti Airtel is Ahead of Starlink in India's Satellite Internet Queue
Bharti Enterprises founder and chairman Sunil Bharti Mittal has asserted that his organisation is ahead of Elon Musk’s Starlink in the queue for satellite internet approvals in India. Speaking at the ...
Bitcoin holds near $83,300 as market volatility triggers massive crypto liquidations
Bitcoin is trading around $83,300 following a turbulent period in which Asian equity sell-offs and macroeconomic uncertainty resulted in over $800 million in liquidations.
China Records Sharp Export Growth Driven by Surge in Global Tech Demand
China reported a 36.3 percent rise in exports for September, marking its most significant monthly gain since 2021 as technology-related trade dominates the sector.
Bank of Baroda Shares Dip Following $15 Billion Lawsuit Report by BR Shetty
Shares of Bank of Baroda experienced a decline of more than 3% on Wednesday, settling at Rs 230.40 on the National Stock Exchange. The market reaction followed reports that BR Shetty, the founder of N...
Bank of America Fined $1.2 Billion Over Money Laundering Control Failures
The US Treasury Department has imposed a $1.2 billion penalty on Bank of America for failing to detect and report suspicious financial activities linked to illicit networks.
