India's IPO market witnessed a historic year in 2024, raising a record Rs 1.6 lakh crore through 90 issues, driven by favorable conditions and economic growth. Hyundai Motor India's Rs 27,870 crore IPO was the largest. With 34 companies already approved and 55 awaiting clearance, 2025 is poised to continue this momentum, potentially surpassing Rs 2.5 lakh crore.
Related news
Google Pay has begun implementing a convenience fee on utility bill payments made using credit and debit cards, charging between 0.5% and 1% plus GST. This move signifies a trend towards monetising UPI transactions to recover payment processing costs. UPI-linked bank account payments remain fee-free.
A video of an alleged blackmail incident went viral showing a man accused of fitting a camera in a geyser. Upon police investigation, it was revealed the woman had shared her own images during an affair and misled her husband, claiming she was being blackmailed. No complaints were filed by either party.
China warned the US against "playing with fire" with arms sales to Taiwan after President Biden authorized $571 million in military aid. This follows previous aid packages and includes tactical radio systems and gun mounts. Taiwan thanked the US, while China criticised the move, having previously conducted military exercises near Taiwan in response to US arms sales.
Ranya Rao, a Kannada film starlet, is under investigation for her alleged involvement in a Rs 12.56 crore gold smuggling case, using VIP services at the Bengaluru airport. Her stepfather, a senior police officer, is also being scrutinized for his role in the scandal.
Madras high court clarified that legal prohibitions on arrests of women after sunset and before sunrise are not mandatory but directory, emphasizing the need for officers to explain non-compliance. The court also urged the police to issue guidelines to define exceptional situations for such arrests.
Smoke in Pushpak Express led to panic among passengers, causing some to jump out and get hit by Karnataka Express on the adjacent track near Pachora station in Maharashtra. Tight-packed unreserved coaches caused chaos, with several killed or injured. Witnesses recall the tragic scene with dismembered bodies on the track.
Donald Trump’s inauguration speech, where he announced the recognition of only two genders, male and female, sparked controversy, especially among the LGBT+ community. During the event, protests escalated with the setting up of a 'guillotine.' Former MLB star John Rocker criticized the protesters, expressing his disgust over the non-peaceful demonstration.
A Jaguar fighter jet crashed near Jamnagar during a training mission, killing one pilot and injuring another. The incident caused a massive fire and panic among nearby villagers. Emergency teams responded quickly, and the injured pilot was taken to GG Hospital. The exact cause of the crash remains unknown.
Jordanian border guards fatally shot Thomas Gabriel Pereira from Kerala while he attempted to cross into Israel illegally. Pereira, misled by an agency promising Israeli work visas, travelled with three others on tourist visas. His death was discovered by his family after a relative, Edison, was deported by Jordan. Kerala authorities are assisting the family in repatriating his body.
Malayalam actor Vincy Aloshious accused a co-actor of drug use and misbehaviour on a film set. In an Instagram video, she shared her experience, stating that the actor, under the influence, misbehaved and disrupted the shoot. She vowed not to work with drug users again, citing the toxic work environment.