Shiprocket IPO: Sebi approves Rs 2,500 crore initial public offering, says report; check details

Logistics platform Shiprocket, backed by Zomato and Temasek, has secured Sebi’s nod for its Rs 2,500 crore IPO. The company, empowering D2C brands and small sellers, plans to utilize fresh capital for its growing business verticals. Shiprocket reported a significant revenue jump and reduced net loss in FY25, signaling positive investor sentiment in the tech…

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Elon Musk has an ‘AI suggestion’ on global warming

Elon Musk suggests a novel AI-powered satellite system to regulate Earth’s solar energy. This concept aims to mitigate global warming by making subtle adjustments to incoming sunlight. Meanwhile, SpaceX faced a US Air Force suspension of a rocket launch due to environmental concerns. This highlights ongoing challenges in balancing technological advancement with ecological preservation.

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