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El Solano, a captivating mansion nestled in Palm Beach, was acquired by music legend John Lennon and his partner Yoko Ono in 1980. Following Lennon’s untimely passing, Yoko executed extensive renovations before offloading the property in 1986. The illustrious estate changed hands several times, skyrocketing in value, and ultimately fetched $36 million in 2020. Today, it stands as a cherished landmark, intertwining Lennon’s artistic legacy with architectural history. View More
El Solano, a captivating mansion nestled in Palm Beach, was acquired by music legend John Lennon and his partner Yoko Ono in 1980. Following Lennon’s untimely passing, Yoko executed extensive renovations before offloading the property in 1986. The illustrious estate changed hands several times, skyrocketing in value, and ultimately fetched $36 million in 2020. Today, it stands as a cherished landmark, intertwining Lennon’s artistic legacy with architectural history. View More
El Solano, a captivating mansion nestled in Palm Beach, was acquired by music legend John Lennon and his partner Yoko Ono in 1980. Following Lennon’s untimely passing, Yoko executed extensive renovations before offloading the property in 1986. The illustrious estate changed hands several times, skyrocketing in value, and ultimately fetched $36 million in 2020. Today, it stands as a cherished landmark, intertwining Lennon’s artistic legacy with architectural history. View More
Accel and Zacua Ventures co-led the funding round, which will help Origin scale deployment of its OG-1 robot, expand its fleet and run customer pilots in overseas markets View More
Paras Healthcare has set its IPO price band at Rs 660-693 per share, targeting Rs 1,450 crore. Opening October 21, the issue will fund debt repayment and corporate needs, supporting expansion across its hospital network in India. View More
Clinical specialty-led hospital platform Paras Healthcare has fixed the price band for its initial public offering (IPO) at Rs 660-693 per equity share, through which the company aims to raise Rs 1 ,450 crore. The IPO will open for subscription on October 21 and close on October 23, 2026. The issue comprises a fresh issue of 72.15 lakh shares aggregating to Rs 500 crore and an offer for sale (OFS) of 1.37 crore shares worth Rs 950 crore. The company has set the lot size at 21 shares. Retail investors can bid for a minimum of 21 shares, requiring an investment of Rs 14,553 at the upper end of the price band. At the maximum, retail investors can bid for 13 lots, or 273 shares, amounting to Rs 1,89,189. The allotment of shares is expected to be finalised on October 26, 2026. The company’s shares are tentatively scheduled to list on the NSE and BSE on October 28, 2026. The company will not receive any proceeds from the offer for sale, with the proceeds accruing to the selling shareholders after deducting their respective portions of offer-related expenses and applicable taxes. Live Events “The proceeds from the Offer for Sale shall be received by the Selling Shareholders after deducting their proportion of Offer expenses and relevant taxes thereon. Our Company will not receive any proceeds from the Offer for Sale. Each of the Selling Shareholders will be entitled to their respective portion of the proceeds from the Offer for Sale, net of their respective portion of the Offer related expenses,” the company said in its red herring prospectus (RHP). The company proposes to use the net proceeds from the fresh issue to prepay or repay, in full or in part, certain outstanding borrowings; invest in its wholly owned subsidiary, Plus Medicare Hospitals Private Limited (PMHPL), to facilitate the repayment or prepayment of its borrowings; and meet general corporate purposes. JM Financial , BofA Securities India and Nuvama Wealth Management are the book-running lead managers to the issue. MUFG Intime India is the registrar. About Paras Healthcare Paras Healthcare operates a network of eight hospitals under the Paras Health brand, providing tertiary and quaternary healthcare services. As of June 30, 2026, the company had an aggregate capacity of 2,211 beds across North India, Bihar and Jharkhand. Its hospitals are located in Gurugram and Panchkula in Haryana; Patna and Darbhanga in Bihar; Kanpur in Uttar Pradesh; Udaipur in Rajasthan; Ranchi in Jharkhand; and Srinagar in the Union Territory of Jammu and Kashmir. The network spans five states and one Union Territory. The company has outlined plans to add a 300-bed hospital in Gurugram by fiscal 2027 and a 500-bed hospital in Ludhiana by fiscal 2028. It expects to increase its total bed capacity to 3,011 beds by March 31, 2028. Disclosure: This article has been written by Kumar Gaurav, who is not a Sebi-registered Research Analyst or an Investment Adviser. Gaurav and their ‘relative(s)’ (as defined under Section 2(77) of the Companies Act, 2013) do not hold any financial interest in the companies mentioned in this article as of the date of publication. The views/recommendations mentioned in this article, wherever applicable, are those of the respective Sebi-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of The Economic Times Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. Brokerage disclaimers here .Pbanner{display:flex;justify-content:space-between;align-items:center;background-color:#ec1c40;margin-top:20px;padding:5px 10px;border-radius:4px;color:#fff;line-height:10px;width: 100%;box-sizing: border-box} .Pbannertext{display:flex;align-items:center;font-size:16px;font-weight:600;font-family:'Montserrat';} .Pbannertext img{height:20px;margin:0 6px} .Pbannerbutton a{display:flex;align-items:center;background-color:#fff;color:#ec1c40;text-decoration:none;font-weight:600;padding:4px 8px;border-radius:6px;font-size:15px;font-family:'Montserrat';} .Pbannerbutton img{height:20px;margin-right:6px} .Pbannerbutton a:hover{background-color:#f7f7f7} Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our ETMarkets WhatsApp channel) (You can now subscribe to our ETMarkets WhatsApp channel)
Cognizant has leased 645,172 sq ft at Embassy Splendid TechZone in Chennai for five years at a monthly rent of ?4.77 crore, with a 15% rent escalation every three years View More
The deeptech startup plans to deploy 150 autonomous robots by next year on a subscription model, offering Western contractors up to 20% savings amid severe labour shortages. View More
Akash Ambani is positioning Jio Platforms to capture a significant share of India’s projected $1.4 trillion digital economy by FY31. Ahead of its Rs 30,213 crore IPO, he highlighted 7,200 patents, 5G leadership and technology partnerships. View More
Akash Ambani has set his sights on a significant share of India's projected $1.4 trillion digital economy by FY31, pitching Jio Platforms' technology capabilities, growing patent portfolio and nationwide 5G network to investors ahead of the company's record Rs 30 ,000 crore IPO. The Jio Platforms managing director said the company has developed an end-to-end technology stack that puts it in a strong position to capture opportunities across India's expanding digital market. The remarks come as Mukesh Ambani's telecom and digital services business prepares for what could become India's largest-ever IPO. "We see $1.4 trillion digital economy by FY31. The end-to-end stack gives us the ability to capture a large market share for this," Akash Ambani said in a press conference ahead of the issue launch. The projection forms a key part of Jio's case for a higher valuation as it prepares to enter the public market. The company is looking to convince investors that its next phase of growth will come from expanding digital services, technology platforms and enterprise businesses alongside its telecom operations. Live Events Ambani highlighted Jio's investment in developing its own technology and intellectual property, saying the company has filed 7,200 patents so far. "We are the only Indian company among top 20 global companies in terms of patents filed. 7200 patents filed till now for Jio," he said. He also pointed to Jio's network scale and low data prices as advantages that could help the company reach a larger number of Indian households. "Mission of Jio is connect every Indian home to highest order of digital services. We are the largest 5G base outside China. Our pricing per GB is the lowest anywhere in the world," Ambani said. Jio entered India's telecom market in 2016 and quickly expanded its customer base by offering affordable data and free voice calling. The strategy helped make mobile internet accessible to millions of users and forced competing operators to cut prices. The company has since expanded into home broadband, entertainment, cloud services, enterprise technology and artificial intelligence. Its large subscriber base also gives it an opportunity to sell additional digital services to existing customers. The technology business is important to Jio's IPO pitch because investors are weighing the company's future earnings potential against that of established telecom operators such as Bharti Airtel . Ambani said Jio's technology capabilities had also attracted partnerships with major global companies. "Some of the biggest global tech companies like Google have partnered with us," he said. Google is among Jio Platforms' largest outside shareholders, with a 7.73% stake, while Meta holds about 9.98%. The two companies were among several global investors that backed Jio during its large private fundraising exercise in 2020. Akash and Isha Ambani have been personally involved in taking the IPO pitch to global investors. The siblings have met institutional investors across the Americas, Europe and Southeast Asia, as Jio seeks to attract large funds ahead of its public listing. The focus on technology comes as investors assess how Jio can increase earnings from its existing telecom customers while developing additional revenue streams. Jio's subscriber base reached about 533 million at the end of June 2026. The company is looking to build on this reach through 5G services, fixed broadband, digital applications and enterprise offerings. Jio IPO details Jio Platforms has fixed a price band of Rs 1,065-1,119 per share for its upcoming IPO, which will open for public subscription on October 21 and close on October 23. The anchor investor book will open on October 19, while the shares are expected to list on October 28. The company will issue up to 27 crore fresh equity shares, raising as much as Rs 30,213 crore at the upper end of the price band. The offering could surpass Hyundai Motor India 's Rs 27,900 crore IPO in 2024 to become India's largest public issue. Also read: Marine Drive was lit up for Reliance IPO: Uday Kotak recalls Dhirubhai Ambani’s market legacy amid Jio IPO At the cap price, Jio Platforms is seeking a valuation of about Rs 10.3 lakh crore, or roughly $108 billion. The valuation is more than double the Rs 4.91 lakh crore equity valuation at which several financial investors entered the company in 2020. The IPO will be entirely a fresh issue, with no offer-for-sale component. Existing investors, including Reliance Industries , Meta and Google, will retain their shares, although their percentage ownership will be diluted. The company has reserved shares worth up to Rs 2,500 crore for eligible Reliance Industries shareholders and another Rs 500 crore for eligible employees. Retail investors can apply for a minimum of 12 shares, requiring Rs 13,428 at the upper price band. Disclosure: This article has been written by Podishetti Akash, who is not a SEBI-registered Research Analyst or an Investment Adviser. Podishetti Akash and his ‘relative(s)’ (as defined under Section 2(77) of the Companies Act, 2013) do not hold any financial interest in the companies mentioned in this article as of the date of publication. The views/recommendations mentioned in this article, wherever applicable, are those of the respective SEBI-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of The Economic Times Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. 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A 19-year-old Illinois man has been accused of plotting a mass shooting at a Hindu temple in the US after allegedly researching the target and writing an eight-page manifesto. View More