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Get the appGetJio's initial public offering (IPO) aims to raise $3.2 billion, targeting a valuation of $108 billion, marking a record for an Indian IPO. With 524 million customers and 268.5 million on 5G, Jio leverages Reliance's vast workforce to boost the offering. Grey market trends suggest a 20% listing pop, with positive outlooks from Emkay and SBI Securities.
Bloomberg·
PoliticsPhoto: News18Bollywood actor Tiger Shroff escaped unharmed in a shooting incident in Mumbai that injured two others. Mumbai Police are investigating the case, including possible links to the Lawrence Bishnoi gang. Maharashtra Chief Minister Eknath Shinde has assured that justice will be served in the matter, highlighting concerns over celebrity security and public safety in the city.
News18··Mumbai
PoliticsPhoto: The HinduDelhi's newly proposed protest sites, including Ramlila Maidan, CBD Ground, and Burari, face significant practical challenges. Issues range from waterlogged areas at Ramlila Maidan, waist-high grass at CBD Ground, to barricaded entry points at Burari. These obstacles complicate efforts to relocate demonstrations away from the traditional Jantar Mantar venue.
The Hindu··Delhi
BusinessPhoto: Mint MarketsIDBI Bank reported a 39% year-on-year decline in standalone net profit to ₹2,205 crore for Q2 FY27, down from ₹3,627 crore last year due to the absence of a one-time gain from NSDL stake sale. Total income rose to ₹9,865 crore, and net interest income increased 29%. Investors will watch the bank's earnings and the proposed Fairfax acquisition as trading resumes.
Mint Markets·
SportsPhoto: News18Hi SportsIn the second T20 match against Zimbabwe, the Indian women's cricket team won by 9 wickets. Zimbabwe scored 102 runs for 8 wickets in 20 overs. India chased the target in just 8.5 overs, losing only 1 wicket, powered by a fiery half-century from Shafali Verma and an unbeaten innings from captain Smriti Mandhana.
News18Hi Sports·
PoliticsPhoto: News18 WorldGeneral Syed Aamer Raza, Commander of Pakistan's National Strategic Command, warned India of a response beyond imagination if it miscalculates against Pakistan. Speaking at the Pakistan Military Academy, he emphasized Pakistan's readiness to defend its territory and described Kashmir as an unresolved international dispute under UN resolutions. He stressed that cross-border infiltration would not be tolerated.
News18 World·
Bloomberg·
Jio's initial public offering (IPO) aims to raise $3.2 billion, targeting a valuation of $108 billion, marking a record for an Indian IPO. With 524 million customers and 268.5 million on 5G, Jio leverages Reliance's vast workforce to boost the offering. Grey market trends suggest a 20% listing pop, with positive outlooks from Emkay and SBI Securities.
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