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Paytm IPO, set for mega debut

Paytm IPO, set for mega debut

Paytm, a digital payments and financial services firm, is all set to debut on the Indian bourses. The company has already filed a draft red herring prospectus for its proposed Rs 16,600 crore-IPO with the SEBI. Paytm IPO will be the largest since the 2010 issue by state-owned Coal India. It will raise Rs 8,300 crore through fresh equity and another Rs 8,300 crore through offer-for-sale. Paytm’s large investors include China’s Alibaba and Ant Financial which own combined 36.8 per cent stake. It is followed by the SoftBank Vision Fund which owns 19.6 per cent. Saif Partners owns 17.2 per…
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Canada extends ban on incoming passenger flights from India till 21st August

Canada extends ban on incoming passenger flights from India till 21st August

On Monday, Canada announced that it is extending the ban on incoming passenger flights from India till 21st August due to the Delta variant of COVID-19. The ban was imposed on April 22 when India was witnessing a wide spread of COVID-19 cases, was set to end on July 21, but will now remain in effect till August 21. For the fourth time the ban has been extended in Canada. Transport Minister Omar Alghabra told reporters in a news conference that the reason for the extension was due to the Delta variant, which is considered the dominant strain of COVID-19…
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If not fully vaccinated, RT-PCR Report mandatory for flyers Coming to Bengal

If not fully vaccinated, RT-PCR Report mandatory for flyers Coming to Bengal

All passengers flying to West Bengal, on both commercial and non-commercial flights, now it's manadatory to get fully vaccinated. The decision will be implemented with immediate effect, West Bengal Home Secretary BP Gopalika wrote to Civil Aviation secretary PS Kharola. Meanwhile, there was no Covid-19 death in the city while three fatalities each were reported in Darjeeling and Paschim Medinipur on Monday. So at the time of boardig Passengers need to produce proof of their full vaccination certificate or a COVID-19 negative test report. The RT-PCR test must be conducted within 72 hours of the departure of the flight. So…
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Project Pegasus: Rahul Gandhi, Mamata’s nephew, 2 Union ministers, dissident ex-EC Lavasa in snooping target list

Project Pegasus: Rahul Gandhi, Mamata’s nephew, 2 Union ministers, dissident ex-EC Lavasa in snooping target list

In the midst of the heated Assembly elections in West Bengal earlier this year, the phone of poll strategist Prashant Kishor was broken into using NSO Group’s Pegasus spyware, according to digital forensics conducted by Amnesty International’s Security Lab and shared with The Wire. They were among dozens of Indian politicians, journalists, activists and government critics whose numbers were identified as possible targets for the Israeli company NSO Group’s government clients, a global collaborative investigative project has revealed after examining a leaked database of phone numbers listed by multiple government clients of the surveillance firm. The leaked global database of…
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42,855 Students Get 90% & Above, Pass Percentage at Record High of West Bengal Madhyamik Result 2021

42,855 Students Get 90% & Above, Pass Percentage at Record High of West Bengal Madhyamik Result 2021

Today i.e July 20 West Bengal Madhyamik Result 2021 has been published. The results were announced in a press conference by President Kalyanmoy Ganguly. All 10.79 lakh students who had registered for class 10 board exams in the West Bengal Board of Secondary Education (WBBSE) are pass. In the first time the WB Board has obtained a 100% pass percentage for the Madhyamik Result. Not only have all the students been promoted with the highest ever pass percentage of 100% but also there is an increase in the number of toppers. This is the best result in current decade. With…
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FASTag to enhance contactless refueling at Indian Oil fuel outlets

FASTag to enhance contactless refueling at Indian Oil fuel outlets

State-run Indian Oil Corporation Ltd and ICICI Bank are offering cashless and contactless refuelling through FASTag at the country’s largest oil marketing company’s outlets to reduce wait time for customers. “ICICI Bank FASTag users can now enjoy a fully digitized experience at IndianOil’s fuel stations which will reduce wait time for customers,” the firms said in a joint statement. To avail of this facility, customers must inform the customer attendant while fuelling, then scan the vehicle’s FASTag/car number plate. The customer will then receive an OTP to validate the transaction. The transaction will be completed when the OTP is entered…
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ICICI Foundation’s initiative to donate oxygen concentrators in WB

ICICI Foundation’s initiative to donate oxygen concentrators in WB

ICICI Foundation announced that it is donating over 300 oxygen concentrators to help augment critical health infrastructure in semi-urban and rural areas of West Bengal. ICICI Foundation is providing these machines free-of-cost to sub-divisional hospitals spread across 14 districts in the state. ICICI Foundation is providing these concentrators free-of-cost to over 700 sub-divisional hospitals spread across nearly 175 districts in 17 states. ICICI Foundation has procured these high-quality oxygen concentrators from BPL Medical Technologies and Phillips India. These companies have an extensive service network across the country. The Foundation is also providing a power back up system so that the…
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Member of U.S. women’s gymnastics team tests positive for COVID-19 at Tokyo Olympics

Member of U.S. women’s gymnastics team tests positive for COVID-19 at Tokyo Olympics

An alternate on the United States women's gymnastics team has tested positive for COVID-19 in a training camp in Japan, the United States Olympic and Paralympic Committee said Monday. The USOPC did not say if Olympic champion Simone Biles or any of the other favourites to win the team gold were isolated because of contact tracing. The positive test was the latest in a growing line of daily reports of athletes and others testing positive at the pandemic-delayed Olympics. The unnamed gymnast was the first American. “The health and safety of our athletes, coaches and staff is our top priority.…
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Hero Electric expands production capacity

Hero Electric expands production capacity

India’s largest electric vehicles maker, Hero Electric Vehicles Private Limited announced the first part of their Series B funding of Rs.220-Crore. Along with participation from OAKS, Gulf Islamic Investments (GII) led the round. Avendus Capital was the exclusive financial advisor to Hero Electric on the transaction. V’Ocean Investments has been advised by OAKS Asset Management Pvt. Ltd. (OAKS) on the investment. Hero Electric will direct this investment towards the objective of further supporting the EV industry and ecosystem. The electric 2-wheeler market leader will allocate this investment towards expanding production capacity, consolidating market position to strengthen market leadership, invest in…
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CBSE Class 10 Result not to be announced tomorrow, board confirms

CBSE Class 10 Result not to be announced tomorrow, board confirms

The Central Board of Secondary Education (CBSE) will not announce Class 10 results on July 20, the board has confirmed. Once declared, students will be able to download their Class 10 mark sheets for the official websites – cbseresults.nic.in, cbse. nic. in, cbse.gov.in and through the DigiLocker website and app. CBSE Controller of Examinations Dr Sanyam Bhardwaj said that the board, in coordination with schools, was still meticulously compiling the data so as to ensure fair and absolute results for the students. "Contrary to speculations, the CBSE is not going to announce Class 10 results on July 20 (Tuesday). The board, along…
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