fundraising
7 Companies Including Meesho and Shiprocket Secure Sebi Approval for Rs 7,700 Crore IPOs
Nov 03, 2025 08:13 pm CST
Seven companies, led by e-commerce giants Meesho and Shiprocket, have received regulatory approval from Sebi to raise approximately Rs 7,700 crore through initial public offerings. This development comes amid India's booming primary market activity in 2025, with Meesho planning to raise Rs 4,250 crore and Shiprocket targeting Rs 2,000-2,500 crore. Other approved companies include German Green Steel and Power, Allied Engineering Works, Skyways Air Services, Rajputana Stainless, and Manika Plastech.
Eric Adams Withdraws from NYC Mayoral Race: Too Late to Change November Election Outcome?
Sep 29, 2025 11:59 pm CST
New York City Mayor Eric Adams has withdrawn from his reelection campaign with just 37 days until Election Day, a move that analysts believe comes too late to significantly impact the race. While the decision could boost fundraising for former Governor Andrew Cuomo, frontrunner Zohran Mamdani maintains a substantial polling lead. With Adams' name still appearing on the ballot and Republican Curtis Sliwa refusing to withdraw, political experts question whether this late-stage development can truly alter the expected outcome of November's mayoral election.
Probe Agency ED To Question Lankan Woman Over Attempt To Revive Terror Group
Sep 21, 2025 04:23 pm CST
The Enforcement Directorate has secured permission from a Chennai court to interrogate Sri Lankan woman, Letchumanan Mary Franciska, in connection with a money laundering probe linked to an alleged attempt to revive Liberation Tigers of Tamil Eelam.