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BusinessPhoto: ET MarketsParamotor Digital Technology has filed updated draft IPO papers with Sebi for a Rs 1,000 crore issue. The IPO includes a fresh issue of Rs 698 crore and an offer for sale of Rs 302 crore. The fintech company plans to use the funds mainly for customer acquisition, technology development, and business expansion.
ET Markets·
EntertainmentPhoto: News18Hi EntertainmentMahesh Bhatt and Prashant Narayanan are teaming up again after 'Murder 2' for the upcoming dark action-thriller 'Naam: To Live Is War.' Prashant Narayanan plays a key role, praised by Bhatt for his powerful acting. The film also stars Veer Pahadia, Varun Sharma, and Shefali Bagga among others.
News18Hi Entertainment·
PoliticsPhoto: The HinduThe State Information Commission (SIC) will seek an explanation from Kochi Corporation regarding its decision to share details of frequent RTI applicants with the Vigilance department for financial background checks. The SIC expressed concern that this move might discourage people from using the RTI Act. It will also request a copy of the Corporation's resolution before making a decision.
The Hindu··Kochi
PoliticsPhoto: Aaj TakUnion Finance Minister Nirmala Sitharaman targeted Samajwadi Party chief Akhilesh Yadav on social media, questioning his silence during the UPA government when banks were in poor condition. She highlighted that from 2004, Akhilesh's party supported the UPA, which left banks like IDBI in bad shape due to 'phone banking' and 'crony capitalism'. Sitharaman accused the UPA of giving loans to defaulters, causing ongoing recovery issues.
Aaj Tak·
TechnologyPhoto: Mint CompaniesTata Play, a joint venture between Tata Sons and Walt Disney, is expanding its content distribution beyond traditional set-top boxes by launching a new app for smart TVs. This move aims to capitalize on the growing streaming trend, positioning Tata Play to become a key player in living room entertainment through smart TV platforms.
Mint Companies·
BusinessPhoto: TOI BusinessUS stock markets declined after inflation unexpectedly rose, causing concerns about higher borrowing costs. The S&P 500 fell 1.1%, and the Nasdaq dropped 1.6%. Treasury yields increased, prompting investors to reconsider the appeal of stocks versus bonds. Major banks weighed the risks and rewards of investing in the evolving artificial intelligence sector amid rising interest rates.
TOI Business·
ET Markets·
Photo: ET MarketsParamotor Digital Technology has filed updated draft IPO papers with Sebi for a Rs 1,000 crore issue. The IPO includes a fresh issue of Rs 698 crore and an offer for sale of Rs 302 crore. The fintech company plans to use the funds mainly for customer acquisition, technology development, and business expansion.
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