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BusinessPhoto: Mint Companies

OmniActive Plans $200-300M IPO at $1 Billion Valuation

OmniActive, backed by TA Associates, is planning an IPO valued between $200-300 million with a $1 billion valuation. This move follows multiple failed attempts to raise private capital due to macroeconomic challenges and geopolitical tensions. If successful, OmniActive will become the first pure-play nutraceutical company to be listed on stock exchanges.

Mint Companies·

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BusinessPhoto: Mint Companies

Multiples Plans $1-1.2 Billion Fundraise Next Year

Multiples, led by Renuka Ramnath, is preparing to raise its largest fund yet, targeting between $1 billion and $1.2 billion next year. The private equity firm has already deployed over half of its previous fund and aims to raise fresh capital amid increasing fundraising ambitions among its peers.

Mint Companies·

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SportsPhoto: News18 Sports

India Wins Silver in Recurve Doubles and Badminton at Asian Para Games

On Day 5 of the Aichi-Nagoya Asian Para Games, India secured silver medals in recurve doubles and badminton. Following a strong performance with 26 medals on Day 4, India aims to increase its medal tally further with key events in badminton, table tennis, and athletics. The team continues to show promising results in the ongoing competition.

News18 Sports·

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WorldPhoto: Deccan Herald

Dasara Elephants Pooja and IAF Display Mark October 23 Events

On October 23, forest officials performed a traditional pooja for Dasara elephants at Mysore Palace, Mysuru, a day after the Dasara festival ended. The Sarang Helicopter Display Team showcased aerial maneuvers during the opening of the Indian Air Force's three-day 'Wings Over Ganges' display over Malviya Bridge in Varanasi, Uttar Pradesh. Art exhibitions and installations were also featured in Rome and Britain.

Deccan Herald·

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BusinessPhoto: Mint Markets

China AI Model Stocks Fall $150 Billion Amid Rising Competition

China's AI model developer stocks, including MiniMax Group Inc. and Z.AI Co. (Zhipu), have lost a combined $150 billion in market value since their highs. The decline follows strong market debuts in January and intensifying competition, with domestic firms cutting token prices and global rivals like Anthropic PBC and OpenAI reducing costs. Upcoming IPOs from DeepSeek and Moonshot AI may further impact investor interest in MiniMax and Zhipu.

Mint Markets·

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PoliticsPhoto: Firstpost World

Republican Jim McMullen Supports Immigration Amid Trump Visa Restrictions

Jim McMullen, a Republican candidate for Kansas District 3 education board, expressed support for immigration in an exclusive interview with Firstpost. He emphasized the need for a rigorous and challenging education system for all Kansas students. McMullen warned that if the US tightened immigration policies, it 'would not be as good a country.'

Firstpost World··Kansas

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