Shadowfax raises Rs 856cr from anchors

BENGALURU: Logistics firm Shadowfax Technologies has raised Rs 856 crore from anchor investors, a day before its IPO opens for public subscription, according to a stock exchange filing. The company allotted 6.9 crore equity shares to 39 anchor investors at Rs 124 each, the upper end of the IPO price band.Domestic mutual funds accounted for…

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Khushi Mukherjee breaks silence on Rs 100 crore defamation case, slams ‘saste influencers’; ‘I haven’t defamed Suryakumar Yadav in any way’ |

Actress and social media personality Khushi Mukherjee has finally responded after influencer Faizan Ansari claimed to have filed a Rs 100 crore defamation case against her over her remarks about Indian cricketer Suryakumar Yadav. Speaking to the media, Khushi maintained that she has not defamed the Indian T20I captain in any manner, while admitting that…

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Gujarat: Mysterious ‘boiling’ of water reported in Arabian sea; probe under way | India News

NEW DELHI: Authorities and the fishing community have raised concerns over reports of unusual churning and bubbling of seawater off the Gujarat coast, officials in Maharashtra’s Palghar district told news agency PTI on Monday.Videos recorded by fishermen show vast stretches of seawater in continuous turbulence, appearing to bubble and churn as if “boiling”.Vivekanand Kadam, head…

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AI or die moment for companies and governments: India positioned to benefit, says global expert

Embracing artificial intelligence is no longer optional but a matter of survival for individuals, companies and governments, and India appears to be moving in the right direction, said Jack Hidary, CEO of SandboxAQ, at the World Economic Forum (WEF) Annual Meeting.“It’s time to embrace AI or die,” Hidary told PTI, outlining his central thesis that…

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‘I can’t do it anymore’: Indian badminton star Saina Nehwal, 35, announces retirement after battle with knee injury | Badminton News

Saina Nehwal of India (Photo by Robertus Pudyanto/Getty Images) NEW DELHI: India’s star badminton player Saina Nehwal has confirmed her retirement from competitive badminton as she revealed on Monday that a chronic knee condition had left her unable to cope with the physical demands of elite sport. The 2012 London Olympic bronze medallist last appeared…

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