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The developer plans to double its footprint over five years through premium residential projects while consolidating group real estate assets under a single platform. View More
A 28-year-old woman, identified by Russian media as Darya Shipilova, reportedly worked at the Irkutsk Anti-Plague Research Institute of Siberia and the Far East, a facility that studies dangerous pathogens, including plague. She died last week at a hospital in Shelekhov, a town near Irkutsk. View More
The Supreme Court held that the stepmother acquired an interest in her deceased husband's share under the Hindu Women's Rights to Property Act, 1937. View More
The anticipated transfer of the Historic Downtown Village in Sarasota to a developer has been called off. The cottages, which accommodate various local enterprises, will remain in the care of Alex and Marlene Lancaster. While business owners faced uncertainty regarding relocation and the emotional fallout of potential displacement, they now breathe a sigh of relief. View More
NRIs must navigate complex requirements when selling Indian real estate, including banking protocols and tax obligations. Properties require ongoing attention, management and budgeting to address potential issues. View More
A British Airways Boeing 777 plunged 28,000 feet before returning safely to Heathrow, becoming the latest Boeing aircraft involved in an emergency this year. Here’s a look at major Boeing aircraft incidents reported in 2026. View More
Mike and Dana Blevins turned their 300-acre property in Missouri into a thriving habitat for white-tailed deer. After purchasing the land, they implemented habitat management practices supported by the Missouri Department of Conservation. Their efforts contributed to the significant recovery of deer populations in the region, which faced near extinction in the past. As chronic wasting disease poses new challenges, they took part in management efforts to control infections. View More
Himachal Pradesh ruling says marital status alone cannot disqualify a Class I legal heir, while government rules still determine eligibility. View More
Unpaid rent is not automatically excluded from taxable income. Know when a house owner can claim unrealised rent under the Income-tax Act, 2025, the conditions under Rule 21, and how subsequently recovered rent is taxed. View More
Jio Platforms is reportedly seeking a valuation of around Rs 11 lakh crore for its planned IPO, below earlier estimates of up to $170 billion. The telecom and digital services arm of Reliance Industries could launch the issue in the week of October 19 and list before October 30, Bloomberg reported. View More
Jio Platforms Ltd. is likely to seek a valuation of about 11 trillion rupees ($114 billion) in its planned initial public offering, according to people familiar with the matter, falling short of earlier expectations for what may still be the country’s largest-ever listing. The telecom and digital services arm of billionaire Mukesh Ambani’s Reliance Industries Ltd. has finished gauging demand for the offering and is likely to begin meetings with potential investors this week to discuss valuation and pricing, the people said, asking not to be identified because the information is private. India’s largest wireless operator is looking to open its IPO the week of Oct. 19 and list before Oct. 30, the people said. Deliberations are ongoing and the final dates, valuation and other details could change, they said. A representative for Jio didn’t immediately respond to a request for comments. The valuation would also make Jio India’s third most valuable publicly traded company, behind parent Reliance, which has a market capitalization of about $169 billion. Bharti Airtel Ltd. , Jio’s main telecommunications rival, is valued at about $116 billion. Live Events Jio filed its draft prospectus in June for an offering of as many as 270 million new shares, equivalent to about 2.93% of its post-issue equity capital, according to Bloomberg calculations. Valuation figures floated earlier were higher, including in the $130 billion to $170 billion range at one point. But a stock rout has dented the pricing ambition of several IPOs in the country, including the marquee offering of National Stock Exchange of India Ltd. , which was forced to downsize its deal. In June, local brokerage Motilal Oswal Financial Services estimated Jio’s valuation at between $115 billion and $118 billion, while Dolat Capital valued the company at around $110 billion. At a $114 billion valuation, the Jio shares being offered would be worth about $3.4 billion, still surpassing the 278.7 billion rupees ($2.9 billion) raised by Hyundai Motor Co.’s Indian unit in 2024. Jio’s offering adds to an already busy year for India’s IPO market. Listing proceeds surpassed $9 billion in the July-September quarter, the most ever for the period, according to data compiled by Bloomberg. That pushed fundraising so far this year to more than $13 billion. The company has appointed 19 banks to work on the share sale, including Kotak Mahindra Capital Co., Morgan Stanley, BofA Securities Inc., Axis Capital Ltd. , BNP Paribas and Citigroup Inc. .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)