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Get the appGetJio is preparing for its IPO with improved cash generation and reduced leverage. The company plans to price its IPO between Rs 1065 and Rs 1119, targeting a valuation of Rs 10.3 lakh crore. Akash Ambani described the IPO as a significant move and a major responsibility towards Indian shareholders. The primary market in India will see multiple IPOs in October, led by Jio Platforms and Zetwerk.
Moneycontrol.com·
HealthPhoto: TOI WorldPope Leo XIV announced during his Sunday noon blessing that he will undergo lung surgery after an early-stage, localized abnormality was detected. He thanked those who expressed concern and asked for prayers. The decision to have surgery was made on medical advice ahead of his major trip to South America in November.
TOI World·
SciencePhoto: TOI ScienceResearchers have developed a tattoo ink that vanishes when exposed to sunlight but remains switchable in the skin for up to 2.2 years. Unlike traditional tattoos that require painful and costly laser removal, this innovative ink allows body art to be turned on for occasions and disappear by morning, offering a flexible alternative to permanent tattoos.
TOI Science·
BusinessPhoto: NDTV BusinessThe NSE Nifty 50 ended its eight-week decline with a 1.30% gain as investors bought at lower levels after a prolonged correction. Experts say the index must clear resistance around 22,750-23,000 and sustain buying momentum for a meaningful reversal. Support is seen near 22,350-22,330, with a break below possibly triggering further selling towards 22,200.
NDTV Business·
PoliticsPhoto: Times of IndiaThe Supreme Court on Sunday instructed authorities to prevent illegal detention of people involved in peaceful protests during the Cockroach Janta Party (CJP) demonstrations in Delhi. It also asked the Centre to maintain normal metro services and ensure uninterrupted internet access, subject to law and order. Kapil Sibal welcomed the court's order, saying it restores faith in the justice system.
Times of India··Delhi
PoliticsPhoto: Hindustan TimesAfter Prime Minister Narendra Modi and Tamil Nadu CM C Joseph Vijay flagged off the metro rail service between Porur Bypass and Poonamallee, both DMK and AIADMK claimed credit for the project. DMK highlighted former CM MK Stalin's role in developing the metro, while AIADMK leader Edappadi K Palaniswami said the Detailed Project Report and foundation stone were done under AIADMK rule.
Hindustan Times··Chennai
Moneycontrol.com·
Jio is preparing for its IPO with improved cash generation and reduced leverage. The company plans to price its IPO between Rs 1065 and Rs 1119, targeting a valuation of Rs 10.3 lakh crore. Akash Ambani described the IPO as a significant move and a major responsibility towards Indian shareholders. The primary market in India will see multiple IPOs in October, led by Jio Platforms and Zetwerk.
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