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Business

OfBusiness Plans IPO in Early 2025 with DRHP by November

OfBusiness, a leading B2B commerce and finance platform headquartered in Gurugram, plans to raise $600-800 million through an IPO expected between March and April 2025. The company will issue 30% new shares and 70% offer for sale, valuing it at $4.4-5 billion. The DRHP filing with SEBI is targeted for November. Morgan Stanley, JP Morgan, Citibank, and Axis Capital are appointed as merchant bankers.

Business Standard··Gurugram

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Science

Coconut Shell Biochar Enhances Asphalt Strength and Heat Resistance

Engineers have studied coconut shell biochar as an additive for asphalt, discovering that incorporating 12.5% biochar improves the material's stiffness, strength, and stability at high temperatures. This approach repurposes agricultural waste into a valuable component for road construction, potentially enhancing road durability and performance under heat stress.

TOI World·

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Health

Dentist Explains Why Teeth Develop Rough Edges with Age

Dr. Sharmishtha Lad, a dentist and healthcare entrepreneur, explains that tiny rough or jagged edges on teeth develop over time due to natural wear and tear. Common causes include teeth grinding or clenching, biting hard objects like ice or pens, and consuming acidic foods and drinks. These habits put pressure on teeth, causing uneven or worn edges.

HT Health·

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Politics

Sergey Brin Spends $102 Million to Oppose California Billionaire Wealth Tax

Google co-founder Sergey Brin has spent $102 million opposing California's proposed billionaire wealth tax, which would impose a one-time 5% tax on the state's 200 billionaires. Brin, with a net worth of nearly $260 billion, could face a $13 billion tax bill. The tax aims to fund healthcare, education, and food assistance, highlighting California's economic inequality and high poverty rate.

Mint·

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Entertainment

Diljit Dosanjh Announces Seven-City Aura India Tour

Diljit Dosanjh will perform in seven Indian cities during his Aura World Tour in November and December 2026. The tour starts at Jawaharlal Nehru Stadium, Delhi-NCR on November 1, followed by shows in Indore, Ahmedabad, Mumbai, Bengaluru, Lucknow, and Chandigarh. Dates and venues for Chandigarh are yet to be announced.

Hindu Entertainment·

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Technology

Former Google CEO Eric Schmidt Says Programmers Now Direct AI Coding

Eric Schmidt, Google CEO from 2001 to 2011, says programming is rapidly changing due to AI. He claims AI now writes code beyond his own ability, calling his field "over." Schmidt compares past programmers to builders and says future coders will be architects who direct AI to build software. He still advises learning to code but emphasizes framing problems and guiding AI outputs.

News18 Tech·

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