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BusinessVishakha Renewables, founded by Gautam Adani and specializing in solar components, has filed its Draft Red Herring Prospectus for an IPO aiming to raise ₹1,250 crore. The funds will be used for debt repayment, with ₹900 crore allocated to clear existing borrowings. The IPO also includes an offer-for-sale of 1.81 crore shares benefiting selling shareholders.
ET Markets·
PoliticsOdisha Chief Minister Mohan Charan Majhi and Chhattisgarh Chief Minister Vishnu Deo Sai met Union Home Minister Amit Shah in New Delhi to discuss the long-standing Mahanadi river water sharing dispute. The meeting agreed to continue data sharing and consultations between the states for another month under the Central Water Commission's process. Union Jal Shakti Minister C R Patil and other officials were also present.
Hindustan Times··New Delhi
ScienceIn the wilds of Florida, female Burmese pythons actively regulate the temperature of their nests by shivering while coiled around their eggs. This behavior helps maintain optimal warmth for the clutch, demonstrating a unique maternal role beyond simply guarding the eggs. The shivering generates heat, ensuring the eggs develop properly in their natural environment.
TOI World·
BusinessExperts warn that rising US bond yields have intensified the American debt crisis, with the US Treasury debt surpassing $40 trillion by August 2026. Contrary to some investors' hopes for bond yield suppression like Japan's 2016 intervention, the Trump administration may instead pursue other measures to resolve the crisis, including finding new buyers for US debt. This could disappoint stock and gold investors expecting yield controls.
Mint Markets·
WorldBhushan Kumar from Barhalganj, Gorakhpur missed his Dubai flight at Lal Bahadur Shastri International Airport in Varanasi. He arrived at the airport at 5:30 PM for the Air India Express flight scheduled at 9:05 PM. However, he fell asleep in the airport parking area while intoxicated, causing him to miss the flight.
Aaj Tak··Varanasi
PoliticsBefore the CJP's planned protest at Shivaji Park in Mumbai, local residents expressed strong opposition, citing concerns over repeated demonstrations disturbing peace and affecting business. The protest, scheduled for 4 PM at Gate No. 6, is part of CJP's second phase of their movement. Residents emphasized the need for peaceful surroundings and adherence to rules, highlighting disruptions to daily work and local life.
Aaj Tak··Mumbai
ET Markets·
Vishakha Renewables, founded by Gautam Adani and specializing in solar components, has filed its Draft Red Herring Prospectus for an IPO aiming to raise ₹1,250 crore. The funds will be used for debt repayment, with ₹900 crore allocated to clear existing borrowings. The IPO also includes an offer-for-sale of 1.81 crore shares benefiting selling shareholders.
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