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NSE cuts IPO size, may raise 23.5k crore

MUMBAI: IPO-bound National Stock Exchange (NSE), the largest stock exchange in India by turnover and profits, is reducing the size of its offering to about 5.3% of its equity base, from 6% planned earlier. The stocks will be offered in a price band of Rs 1,700 to Rs 1,785 per share, people in the know...

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Meet Angel Marino, 18, whose aviation dream won her a major scholarship

For the uninitiated, now in its seventh year, the SYD100 Scholarship was set up to support people from underrepresented backgrounds in aviation including women and young people from diverse cultural and socioeconomic backgrounds. For Angel Marino, the life-changing journey began thousands of feet in the air. Her first flight was at the tender age of...

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Adani Airports to raise $1 billion equity from global investors

NEW DELHI: India’s largest private airport operator – Adani Airport Holdings (AAHL) – has entered into binding agreements to raise Rs 9,825 crore (about $1 billion) of primary equity capital from a consortium of investors, comprising Alpha Wave Global, Premji Invest, Temasek and BlackRock managed funds. The transaction values AAHL at about $18 billion and...

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Zelenskyy’s plane nearly hit by drone while taking off from Moldova

Zelenskyy’s plane nearly hit by drone A plane carrying Ukrainian President Volodymyr Zelenskyy narrowly avoided a collision with an unidentified drone while taking off from Moldova en route to Oslo for the funeral of King Harald V.Norwegian Prime Minister Jonas Gahr Store confirmed the incident in an interview with public broadcaster NRK on Wednesday, highlighting...

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NC tells Congress: Full Vande Mataram a constitutional duty

SRINAGAR: National Conference fired a political broadside at ally Congress Wednesday, defending full renditions of Vande Mataram at govt functions in J&K as a “constitutional” duty.Congress objected after all six stanzas of the national song was played at the inauguration of J&K’s first international film festival in Srinagar attended by CM Omar Abdullah and NC...

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‘They’re desperate to affect election’: Trump declares Iran war will end after midterms

Trump declares that Iran war will immediately end after midterm polls US President Donald Trump on Tuesday said the Iran war will end “immediately” after the upcoming US midterm elections later this year.Speaking to reporters, MAGA supremo Trump said, “I think the war will end immediately after the election… They’re desperate to try and affect...

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‘Bunch of liars’: Allahabad HC raps UP cops over illegal detention

The Allahabad High Court criticized Deoria police officials for alleged illegal detention PRAYAGRAJ: Allahabad high court on Wednesday rapped the police chief of UP’s Deoria district and an SHO in a case of alleged ‘illegal detention’ of four persons and irked over the absence of CCTV footage in the case, calling them a ‘bunch of...

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Ladakh groups claim breakthrough in talks with MHA on legislative powers

Ladakh groups claim breakthrough in talks with MHA on legislative powers SRINAGAR: Leh Apex Body and Kargil Democratic Alliance, the two organisations negotiating with the Union govt for administrative autonomy to Ladakh under the Sixth Schedule, claimed a breakthrough Wednesday in talks with the MHA’s subcommittee in Delhi on legislative powers over land, culture and...

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