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In order to lower its debt of over Rs 30,000 crore and boost investments in its telecom and digital companies, Jio Platforms, which is backed by Reliance Industries, has announced plans to go public. Draft documents for an IPO of 27 crore new shares, or 2.93 percent of the company’s post-issue equity capital, have been submitted to market regulator Sebi. Since there is no offer-for-sale component to the issue, all profits go straight to the business. The subsidiary Reliance Jio Infocomm, which as of March 2026 has outstanding syndicated debts totaling Rs 30,057 crore, will use the majority of the…

-by Jaya Pathak Contracts are the foundational framework for business relationships. It defines the revenue obligations, opportunities and liabilities. But the observations from contract management practices have revealed that a significant majority estimated that over 70% of enterprises are experiencing financial loss due to poorly structured agreements. These losses arise not merely from strategies but also from inherent loopholes in key provisions. As per the recent data of World Commerce and Contracting Association, businesses lose an average of 9.2% of annual revenue because of poor contract management practices. This blog aims to explore the issues which cause this leakage. Loopholes…

Cult is supported by Zomato. Sources with knowledge of the process told CNBC-TV18 that fit, the fitness chain operator, is anticipated to submit its Draft Red Herring Prospectus (DRHP) to SEBI within the next two weeks. CNBC-TV18 was the only outlet to announce that the corporation had chosen its bankers in March 2025. However, since issuers remained on the sidelines due to the volatility surrounding new-age IPOs, the company had temporarily postponed its listing plans. The preparations have been resurrected as the timeframe for tech listings has reopened and the volatility has now subsided, according to sources. Through the issuance,…

This update is crucial if you use PhonePe for online payments. Users who do not use their wallet for extended periods of time may soon be assessed an inactivity maintenance fee, according to the company’s updated wallet usage policy. Regular UPI transactions are not covered by this restriction; it only applies to wallet usage. The New PhonePe Rule: What Is It? According to the revised regulation, a user’s wallet may be deemed inactive if they don’t make any transactions for 365 days, or one year. A ₹100 inactivity maintenance fee could be deducted from the wallet balance in such circumstances.…

Even if the Strait of Hormuz reopens to commercial traffic, India’s state-run refiners have already acquired enough crude for the next two months and are not in a rush to start buying from the Middle East again. According to persons familiar with the situation who wished to remain anonymous since the information is confidential, Middle Eastern suppliers, such as Abu Dhabi National Oil Co., have requested local processors to start accepting contractual amounts under long-term supply agreements. However, they stated that the refiners have not yet made a commitment. After the US and Iran reached a temporary peace agreement this…

Online Pusoy has made one of the Philippines’ most enduring card games more accessible than ever. Instead of organizing a full table and setting aside an afternoon for cards, players can now enter matches through digital platforms and enjoy the same strategic experience from almost anywhere. Despite the move online, the game’s core structure remains unchanged. Each round begins with four players receiving 13 cards. Those cards must be arranged into three separate hands: a front hand with three cards, a middle hand with five cards, and a back hand with five cards. The challenge comes from creating a valid…

Porsche 911 GT3 in 2026 Cost: The Porsche 911 GT3 is priced at Rs 3.33 crore (ex-showroom) when it is introduced in India. After more than a year and a half, the 992.2 version of the GT3 has finally reached the Indian market. In October 2024, the version debuted worldwide. Let’s examine the 2026 Porsche 911 GT3’s features, performance, and specs. Porsche 911 GT3, 2026: External Porsche’s 911 Carrera serves as a major source of inspiration for the 2026 911 GT3. Circular LED headlights with built-in slat-type LED DRLs make up the front fascia. Two ducts, a bigger splitter on…

Mirai School of Technology (MSOT) is India’s next generation AI-first  new age program, founded in 2025 with one clear goal: to give engineering students the real skills, the right mindset, and the career readiness that the industry actually wants. The name “Mirai” means “future” in Japanese, and that one word says everything about how the program is built. MSOT offers a four-year B.Tech in Computer Science Engineering with an AI specialisation, across AICTE-approved campuses in Ghaziabad, Bengaluru, and Jaipur, with a UGC-approved university degree. From Day 1, students write real code and build real AI projects using tools like GitHub…

New Delhi: With the introduction of the new entry-level electric scooter Reo VYB, which is aimed at first-time EV consumers and urban commuters, Ampere has taken another step toward its electric two-wheeler expansion in India. The scooter was introduced at a discounted price of Rs 69,499 in order to meet consumer demand for economical, effective, and secure mobility as well as to support the company’s rapid growth in the low-speed electric scooter market. The lithium ferrophosphate (LFP) battery that powers the Reo VYB is known for having better thermal stability and a longer lifespan than traditional battery packs. With a…

Earlier this week, Telegram access was prohibited in India due to an ongoing investigation into alleged National Eligibility-cum-Entrance Test Undergraduate (Neet-UG) paper leaks. The initial impact of the prohibition on fraudulent networks already functioning across services was limited since students studying for the test quickly moved their study materials to other platforms or VPN-enabled access. Sultanpur, Uttar Pradesh resident Prakash, a repeat Neet candidate, claimed to have already experienced an interrupted test round. Due to a proven paper leak covering up to 140 questions, his exam was postponed from May 3 to June 21. Telegram was blocked in India a…