Two Major IPOs Set to Raise ₹6,722.92 Crore in December 2024
In December 2024, two significant initial public offerings (IPOs) are set to hit the market, aiming to raise a combined ₹6,722.92 crore. The first, from International Gemmological Institute (IGI) India, a Blackstone-promoted company specializing in grading and accreditation for diamonds, gemstones, and jewelry, will launch its ₹4,225 crore IPO on December 13 and close on December 17. The IPO consists of a fresh issue of ₹1,475 crore and an offer for sale of ₹2,750 crore by Blackstone&
Syria's New Rebel-Led Government Vows Accountability for Assad Regime's Abuses
Abu Mohammed al-Jolani, a key Syrian rebel leader, has pledged that Syria's new government will pursue accountability for senior officials who were responsible for the brutal tactics of Bashar al-Assad’s regime, including widespread torture and abuse. After leading a successful offensive that toppled Assad, al-Jolani met with outgoing Prime Minister Mohammed al-Jalali to discuss power transfer and services for the Syrian people. The rebel statement emphasized that the new administra
British Indian Student Elected President of Cambridge Union Society
Anoushka Kale's Election as President Anoushka Kale, a 20-year-old English Literature student at Sidney Sussex College, University of Cambridge, has been elected as the president of the prestigious Cambridge Union Society for the Easter 2025 term. Kale won the election uncontested, receiving 126 votes. As the current Debates Officer for the society, she is recognized for her commitment to pro
Venkatesh Iyer Pursuing PhD Alongside Cricket Career
Venkatesh Iyer's Surprising Academic Pursuit Venkatesh Iyer, the talented all-rounder who made headlines with his hefty price tag of Rs 23.75 crore at the IPL 2024 mega auctions, is not just focused on his cricketing career. Despite his high-profile presence in the sport, Iyer is also pursuing a PhD and is on his way to becoming Dr. Venkatesh Iyer. His decision to continue his academic journey after his cricket career shows his commitment to education. Iyer even joked about his aca
AI System Prevents Elephant-Train Collision in Odisha
In a remarkable use of AI technology for wildlife conservation, a small herd of elephants, including two adults and a calf, was saved from a potential train collision in Odisha's Rourkela district. As the elephants approached the railway tracks, an AI-powered camera system, installed by the forest department, detected their movement and sent an immediate alert to the control room. The quick response from the control room led to the timely stopping of the oncoming train, preventi
The Future of Work: AI, Cybersecurity, and the Rise of the Gig Economy
The increasing integration of technology into workstreams is reshaping traditional job roles, with AI, machine learning, and analytics leading the charge. According to a recent report by Indeed and Nasscom, cybersecurity has emerged as the second-most sought-after domain, surpassing cloud technology. The report identifies the top five in-demand job roles as data scientist/analyst, AI/ML expert, cybersecurity specialist, cloud architect/engineer, and DevOps engineer. HR leaders empha
Indian Students See 38% Drop in US F-1 Visa Issuances in 2024
Indian students have witnessed a significant decline in F-1 student visas issued by the United States in 2024. According to the latest data from the US State Department, the number of F-1 visas granted to Indian nationals dropped by 38% in the first nine months of the year. Specifically, 64,008 F-1 visas were issued to Indian students from January to September 2024, down from 1,03,495 in the same period in 2023. This represents the lowest number of F-1 visas granted since 2020, when the pande
Indian Rupee Weakens to Record Low of 84.86 Against US Dollar
The Indian Rupee weakened by 13 paise, hitting a new record low of 84.86 against the US Dollar during trading on Tuesday. The currency had opened lower at 84.79, weakening by 6 paise from the previous day’s close of 84.73. This marks a sharp dip despite a recent positive momentum for the rupee last week, when the Reserve Bank of India (RBI) held interest rates steady and announced measures to improve financial market liquidity. Monday’s announcement of Sanjay Malhotra as
Opposition Moves No-Confidence Motion Against Rajya Sabha Chairperson Dhankhar
On Tuesday, the Congress-led INDIA opposition bloc moved a no-confidence motion against Rajya Sabha Chairperson Jagdeep Dhankhar, accusing him of biased functioning of the House. The motion, supported by over 50 MPs from Congress, Trinamool Congress, Aam Aadmi Party, Samajwadi Party, Dravida Munnetra Kazhagam, and the Rashtriya Janata Dal, was submitted to the Rajya Sabha Secretariat. While the motion’s chances of success seem slim, with sources in Trinamool suggesting that th
Lalu Prasad Yadav Supports Mamata Banerjee's Leadership of INDIA Bloc
Lalu Prasad Yadav, the RJD founder, voiced strong support for Mamata Banerjee to lead the INDIA bloc, stating that Congress's objections to this leadership "mean nothing." His remarks came after Mamata Banerjee's comments earlier this month, where she hinted at taking charge of the Opposition alliance, if given the opportunity, while still operating from Bengal. This leadership dispute within the opposition has surfaced against the backdrop of the ongoing Winter Se