Paras Defence stock lists on October 1. What could be the premium for listing?

India According to analysts, given the overwhelming investor response and the government’s push for ‘Atmanirbhar Bharat’ and ‘Make-in-India’ initiatives, the shares may begin trading at a more than 100 percent premium at the upper end of the price band at Rs 175.

Vedantu turns unicorn after $100 million funding

Business Edtech startup Vedantu has become the 28th Indian unicorn in 2021 and the fifth edtech unicorn as the company raised $100 million in a series-E round that valued it at over $1 billion. The funding was led by Singapore-based impact investing fund ABC World Asia, and also saw existing investors Coatue, Tiger Global, GGVContinue reading “Vedantu turns unicorn after $100 million funding”

World

Bill Gates hails India’s digital health ID framework News outlet CNN has said it scrapped its Facebook presence in Australia claiming that the social media behemoth refused to disable the comments section, while also citing the country’s high court ruling which made publishers responsible for defamatory comments posted by users on social media.

World

Global Citizen Live generates $1.1 billion to fight poverty Global Citizen Live, a 24-hour concert that featured performances from Stevie Wonder, Jennifer Lopez, BTS and Elton John and dozens of other stars, raised more than $1.1 billion in commitments and pledges over the weekend to fight extreme poverty. Broadcasting from sites on six continents, includingContinue reading “World”

World

CNN pulls out of Facebook in Australia, citing defamation risk News outlet CNN has said it scrapped its Facebook presence in Australia claiming that the social media behemoth refused to disable the comments section, while also citing the country’s high court ruling which made publishers responsible for defamatory comments posted by users on social media.

India

India integrated climate protection into its national development: MoS Lekhi Meenakshi Lekhi, Minister of State for External Affairs, today said India has taken many bold steps on clean energy, energy efficiency afforestation and bio-diversity. And also added it has integrated climate protection into its national development and industrial strategies. Lekhi, while speaking at Impact FinanceContinue reading “India”

India

Public-private partnership can bring ‘defence production revolution’: Rajnath Defence minister Rajnath Singh on Tuesday said the government has created an atmosphere of jointness to ensure modernisation of the armed forces in the rapidly evolving global security scenario. In his address at Society of Indian Defence Manufacturers (SIDM) annual meeting, he added public-private partnership can bringContinue reading “India”

Sports

Virender Sehwag schools PBKS skipper KL Rahul on his batting after MI clash As Punjab continue to struggle in the bottom-half, former Indian opener-turned-commentator Virender Sehwag has schooled Rahul regarding his approach with the bat. The right-hander has 422 runs in 10 innings, at an average of 52.75 and strike-rate of over 130. Sehwag, however,Continue reading “Sports”

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