IPO rules revamp: Mutual funds barred from pre-IPO buys, anchor route open; Sebi pushes transparency, wider participation

Mutual funds are now barred from pre-IPO share placements but can participate in anchor rounds of public issues, according to a source. This move aims to boost liquidity and clarify company valuations before listing. SEBI also plans to simplify IPO disclosures with a standardized “offer document summary” for retail investors, while noting “irrational exuberance” in…

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Shashi Tharoor reviews Aryan Khan’s directorial debut The Ba***ds of Bollywood, lauds Shah Rukh Khan’s pride as a father: ‘A true storytelling powerhouse’

Congress MP Shashi Tharoor has taken to social media to applaud Bollywood superstar Shah Rukh Khan’s son Aryan Khan for his debut show, The Ba***ds of Bollywood, which is now streaming online. Struggling with a cold and cough, Tharoor revealed that he had cancelled his engagements for two days. Persuaded by his staff and sister…

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IND vs ENG: ‘Figuring out who you really are’ – Washington Sundar’s emotional message

Washington Sundar’s emotional reflection on X captured the essence of India’s thrilling Test win over England at The Oval. He highlighted the personal and professional growth fostered by Test cricket’s demands. Sundar was also recognized as the ‘Impact Player of the Series’ by his teammates, underscoring his significant contribution to India’s comeback and the series…

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US government shutdown to hit hard! Firing allowed, hiring frozen – Trump admin reveals plans

A US government shutdown looms as funding talks stall. The Trump administration plans mass layoffs and government scaling. Health and Human Services will furlough many employees. Economic data release will pause. Veterans Affairs cemeteries maintenance will stop. The Internal Revenue Service will operate fully. This shutdown will differ from past events.

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Govinda’s apology upsets Sunita Ahuja deeply: ‘There was no need to give them this clarification, I felt very bad’

Sunita Ahuja has responded to controversy surrounding her comments about their family priest. She expressed disappointment that her husband, Govinda, issued a public apology. Ahuja stated she only spoke about her personal experiences and did not name anyone. She wished to apologize to all gurus if anyone felt hurt. Ahuja felt Govinda’s public clarification was…

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