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Author: GlobalNewsAdmin
Investment bankers are proposing a valuation of as much as $170 billion for Jio Platforms Ltd., according to people familiar with the matter, ahead of what could be a record-breaking initial public offering for Reliance Industries Ltd.’s wireless carrier.Mobile sim card packets for Jio Platforms Ltd., a unit of Reliance Industries Ltd., in Mumbai, India, on Saturday, April 20, 2024. (Bloomberg)A valuation that size would place Jio among the biggest two or three companies in India by market capitalization, ahead of fellow telecom firm Bharti Airtel Ltd., which is valued at about 12.7 trillion rupees ($143 billion). Reliance Industries, controlled…
It wouldn’t be outlandish to say that India’s travel industry has time and again proved a bellwether for how technology quietly reshapes everyday decisions by users. Case in point, the early days trends from MakeMyTrip’s inaugural ‘Travel Ka Muhurat’ festival being charted even as HT sat down for a conversation with Aakash Kumar, the travel giant’s vice-president for User Experience. He insists that at MakeMyTrip, a shift is underway that’s firmly anchored in generative AI — not just to personalise recommendations, but to rethink how trips are discovered, planned and booked. Behind the scenes, it is as much about workflow…
The bargaining deadline between the WNBA and its players’ union has been extended after negotiations failed to result in a contract. NPR speaks with Erin Drake, a lawyer for the union.
With its pristine jungles and small towns, this Hawaiian island retains the unmanicured charm of Old Polynesia with few modern intrusions.
The Securities and Exchange Board of India (Sebi) is set to review and simplify its 1992 Stock Brokers Regulations to make them more relevant, efficient and easier to comply with, Chairman Tuhin Kanta Pandey said on Tuesday.“Sebi is continuing its effort to simplify and rationalise the regulatory framework,” Pandey said, addressing the Morningstar Investor Conference. He noted that many long-term investors who had purchased shares in physical form before FY20 still face procedural challenges in transferring ownership. “To address this, we are proposing to allow such investors to complete the transfer process now and have those securities registered in their…
Through simplified tax compliance, Independent Software Vendors (ISVs) and Consulting Partners can list and sell their software, announced Amazon [File] | Photo Credit: REUTERS Amazon Web Services on Thursday (November 6, 2025) announced the expansion of its Marketplace platform in India, allowing users in the country to buy from India-based software and services companies.Through simplified tax compliance, Independent Software Vendors (ISVs) and Consulting Partners can list and sell their software, announced Amazon.Furthermore, sellers and buyers can carry out their transactions in Indian rupees, with the AWS Marketplace offering local invoicing and local payment options.Sellers whose products are now accessible to…
Every year, before the first hint of gold even touches the aspens, I start planning my weekend escapes into the Colorado mountains. Living in Denver means the trails are never far away, and fall hiking has become one of my favorite seasonal rituals—crisp mornings, the scent of pine, and light that makes everything glow. After years of chasing trailheads from the foothills to Crested Butte, I’ve learned that the key to enjoying every mile is having reliable, comfortable gear that feels just as good at the summit as it does at the post-hike brewery stop. Over the years, I’ve built…
Zohran Mamdani just won the NYC mayor election. Here’s what his “democratic socialism” really means.
Socialists just seized the commanding heights of New York City.On Tuesday night, Zohran Mamdani — a longtime member of the Democratic Socialists of America (DSA) — won the mayoralty of America’s largest municipality.Mamdani’s election constitutes a triumph for America’s long-suffering socialist movement — possibly, the most significant in its history.His victory may therefore lead some Americans to ask the question: What do these people actually want?Or, more specifically: How do they think “democratic socialism” would work, in practice? Do Mamdani and his allies want to make America into Norway — or into a kinder, gentler Soviet Union?These questions have no…
Shubman Gill plays a shot during the third One-Day International (ODI) cricket match between India and Australia, at the Sydney Cricket Ground, in Sydney, Australia, Saturday, Oct. 25, 2025. | Photo Credit: PTI Shubman Gill is “ridiculously talented” and he should be able to make adjustments while navigating his way through the different formats and score big runs for India, feels former Australia all-rounder Shane Watson.Gill, India’s Test and ODI captain, has not scored big in the ongoing white-ball series against Australia. He made 10, 9 and 24 in the three one-dayers, 37 not out, 5 and 15 in the…
The initial public offering of Billionbrains Garage Ventures Ltd., the operator of India’s online brokerage Groww, was fully subscribed on the second day of the share sale on demand from retail investors — its largest client base.One out of five Groww IPO applications is originating on Zerodha. (AI Image)The Groww IPO received bids for 43.17 crore shares as against 36.47 crore on offer, according to stock exchange data at 12:56 pm on Thursday (6 November 2025). That translates to a subscription of 1.18 times. The Groww IPO has so far received bids worth ₹4,317.312 crore from 11,90,574 applications.Groww IPO subscription…
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