SILVER LAKE
India-born Nithya Raman to take charge in LA amid homeless crisis, political division
Nithya Raman, an India-born democratic socialist, has been elected the new mayor of Los Angeles. She faces significant challenges, including homelessness, housing costs, and public safety issues. Raman ran as an outsider without endorsements from her colleagues and against a wounded incumbent. Her leadership will be scrutinized as she assesses city problems and works with a divided City Hall.
In 1882, a pipeline helped silver boomtown Candelaria, Nevada, grow to about 1,000 people; after the 1893 financial panic, it declined, and its post office closed in 1939
Candelaria emerged as a bustling boomtown in 19th-century Nevada, only to face dire water shortages. Although a dependable water pipeline was constructed in 1882, the town experienced significant decline following the economic downturn in 1893. This echoes the modern-day struggles of resource-dependent communities grappling with severe freshwater limitations, urging a reconsideration of sustainability strategies to prevent the vulnerabilities seen in Candelaria.
Jio Platforms shares surge 21% on debut, overtake Airtel in market cap
Jio Platforms made a remarkable entrance in the stock market, soaring 21.4% above its IPO price on the first day of trading. Closing at ₹1,417.35, the stock surpassed Bharti Airtel in market capitalization. With a staggering 22 times oversubscription, the IPO attracted considerable institutional backing. At the launch event, executive director Anant Ambani recognized the invaluable support from millions of subscribers.
From 104 shareholders to nearly 80 lakh! Jio becomes India's most widely owned stock on listing day
Jio Platforms has become India’s most widely held listed stock, with 79.6 lakh shareholders following its blockbuster IPO, overtaking Tata Motors Passenger Vehicles, Reliance Industries and Vodafone Idea. From just 104 shareholders before the issue, Jio attracted over 1.38 crore applications and debuted at a market capitalisation of Rs 12.53 lakh crore.
Jio Platforms' post-IPO playbook: What's ahead for No. 2 of Dalal Street?
Reliance Jio Platforms made a blockbuster stock market debut, listing at a 21.4% premium and reaching a $131.5 billion valuation. After India's biggest IPO, investors are watching Jio's next growth engines: tariff hikes, broadband expansion, artificial intelligence, cloud services and stronger cash flows. Can Akash Ambani turn Jio's digital ambitions into sustained earnings and long-term shareholder returns?
BioWare games shutdown: Why is Electronic Arts-EA closing, laying off employees of video game developer? What will happen to Mass Effect 5, Marvel's Iron Man, Star Wars Jedi?
BioWare games shutdown: EA also said it was restructuring the team behind skateboarding simulation "skate." into a smaller, more focused studio
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Rs 30,213 crore, 100 minutes, Rs 2.5 lakh crore: How Jio IPO broke 3 records even before listing
Reliance Industries’ Jio Platforms has set new IPO records, with its Rs 30,213 crore issue becoming India’s largest-ever public offering and getting fully subscribed within 100 minutes of opening. The IPO surpasses Hyundai Motor India’s Rs 27,870 crore issue in 2024. At the upper end of its Rs 1,065–1,119 price band, Jio Platforms is valued at around Rs 10.3 lakh crore. The issue closes on October 23.
From 100 million users in 170 days to an IPO, a decade of Jio Platforms
Jio Platforms is on the brink of its initial public offering, an important step in its evolution. Since its inception in 2016, the company has gained over 524 million customers and achieved impressive profitability. With significant investments from leading global players in recent years and a vast portfolio of patents, Jio is positioning itself as a leader in innovation.
Will Ambani's all-fresh Jio sale prove to be a masterstroke for investors?
Reliance Jio is set to roll out an ambitious Rs 30,213 crore IPO featuring solely new equity shares, not existing ones. In light of mixed results from recent Indian IPOs, this move aims to cut down Jio's debt while bolstering its financial standing. The company's IPO, valued at Rs 10.
Jio IPO: Meta, Google sit on nearly ₹1 lakh crore paper profit & neither is selling
Meta Platforms and Google are poised to realize significant gains from their Jio investment made in 2020. To bolster its growth, Jio Platforms is moving forward with an initial public offering planned to raise around ₹30,213 crore, achieving a valuation of ₹10.3 lakh crore. Neither Meta nor Google plans to divest shares in this round as existing backers maintain their stakes.
Jio IPO Bonanza: How global investors’ stakes have grown since 2020
Meta-backed Jaadhu Holdings, which acquired a 9.98% stake in Jio Platforms for around Rs 43,574 crore in 2020, now holds shares valued at around Rs 99,846 crore at the IPO price. Google, which invested around Rs 33,737 crore for a 7.73% stake, has seen the value of its holding rise to around Rs 77,307 crore.
Jio Platforms files red herring prospectus for India’s biggest public issue
Jio Platforms has filed the red herring prospectus for its initial public offering, aiming to raise ₹30,213 crore. The IPO includes a fresh sale of up to 270 million equity shares, with no offer for sale component. Parts of the proceeds will be used to prepay significant borrowings at Reliance Jio Infocomm. Eligible shareholders of Reliance Industries can apply for shares in this IPO.
Exclusive | Countdown begins for the mother of all IPOs: Jio likely to file RHP today for record Rs 30,000 crore issue
Jio Platforms is set to file its RHP for a potential Rs 30,000-crore IPO, which could become India’s largest-ever share sale. The Reliance Industries subsidiary is expected to open the issue for subscription from October 21 to 23. The IPO may value Jio at up to Rs 10.3 lakh crore, with a likely price band of Rs 1,065–1,119 per share. Existing investors are not expected to sell their stakes.
Josh Hutcherson sold his Hollywood Hills home, which was once owned by Heath Ledger, for $2.94 million in 2020; here’s what we know about the 2,000-square-foot property
Joshua Ryan Hutcherson celebrates his birthday on October 12 and is a successful actor from Kentucky. He began his acting career as a child and achieved prominence through various film roles. Hutcherson purchased a Hollywood Hills home for $2.5 million previously owned by notable celebrities. He also owns other properties, including one in Studio City and a Silver Lake residence.
Exclusive | Akash, Isha Ambani take Rs 30,000 crore Jio IPO pitch global; marquee investors seek bigger stakes
Jio Platforms’ proposed Rs 30,000 crore IPO is set to be one of India’s biggest public issues, with Akash and Isha Ambani leading global investor outreach. Existing investors, including Meta and Google, are not looking to exit, with some reportedly seeking to raise their stakes as Jio targets a valuation of up to Rs 10.3 lakh crore.
Jio Platforms IPO: Rs 37,700 crore issue likely to open on Oct 21
Jio Platforms is preparing to launch what is anticipated to be India's largest initial public offering. Scheduled around Dussehra, the IPO is estimated at $4 billion and will likely occur later this month. The company aims to complete its IPO process, including listing, before October 30. Proceeds from the IPO will primarily be used for prepaying borrowings and general corporate purposes.
Jio Platforms IPO in final stages after concluding worldwide roadshows
Jio Platforms is on the verge of launching what is projected to be the largest public offering in India, targeting USD 3.8 billion. International roadshows spearheaded by Akash Ambani and Isha Ambani have garnered interest. Following approval from Sebi, Jio Platforms plans to release new equity shares, constituting about 2.9 percent of its base.
In 2014, Massachusetts' JRWA began work to remove a dam sitting 10 feet below the Elm Street Bridge. 5 years later, the Jones River was freed for alewife, eels and trout once again
Elm Street project was also part of a broader sequence of restoration work on the Jones River. A previous obstacle, the Wapping Road Dam, had been removed in 2011. A Massachusetts feasibility report notes that this earlier removal opened approximately 3.7 miles of Jones River main-stem habitat and 18.3 miles of tributary habitat.
Asian Games India schedule: Check full list of events, date, venue and other key details
Asian Games: Indian athletes face new challenges in 2026, with the Asian Games as a key event. The 2025 season saw mixed results across various sports for the nation. Archery and boxing showed promise, while athletics experienced disappointment. The Aichi-Nagoya Asian Games offer a chance to build momentum for future competitions. This multi-sport event is crucial for athletes heading towards the Olympics.
Their 3,500-acre farm was failing in England's West Sussex. Isabella Tree and Sir Charles Burrell stopped farming it, and 20 years later rare birds, butterflies and wildlife have returned
A struggling 3,500-acre farm in West Sussex took an unexpected turn when Isabella Tree and Sir Charles Burrell stopped conventional farming and began rewilding Knepp. Two decades later, rare nightingales, turtle doves, purple emperor butterflies, beavers and white storks have returned, transforming the estate into a thriving wildlife haven and commercial enterprise.
Jio IPO: Co set to begin investor outreach later this week, say sources
Jio Platforms is preparing for its massive initial public offering after receiving Sebi approval. Investor outreach will commence this week across key global financial centers. The company plans to issue fresh equity shares to raise substantial capital. Proceeds will primarily be used to repay outstanding borrowings of its subsidiary. This public offering marks Reliance group's first since 2008.
In 1881, a rich silver vein turned Lake Valley, New Mexico, into a town of about 4,000; by 1902 only 150 remained, and the last residents left in 1994
Silver mining in Lake Valley began in the 1870s and boomed after a major discovery in 1881. Lawlessness and a railroad spur followed the profitable mining operations. Demonetization and a devastating fire emptied the town by the late 1890s. The town continued to shrink, with the last residents leaving in 1994. Today, Lake Valley is preserved as a historic townsite.
Jio sets eyes on Navratri-Diwali period to launch mega $4 billion IPO
Jio is likely to finalise the exact dates within a couple of weeks after which it would initiate roadshows overseas before holding them at home, said a source close to the development.
In 2015, scientists released fluorescent dye into Florida’s Silver River: Here’s what they discovered
A 2015 University of Florida experiment used five gallons of fluorescent dye to track water movement through a 5.1-mile section of Florida’s Silver River. Researchers measured travel and residence times and compared the findings with earlier tracer data to study changing flow conditions. The work also helped investigate links between river hydraulics, nutrient movement and increasing algal growth.
In 1892, engineers began the Chicago Canal to divert sewage using 42 million cubic yards of earth; more than a century later, it may help Asian carp reach the Great Lakes
In 1885, Chicago undertook the monumental task of reversing its river flow to safeguard drinking water by rerouting sewage from Lake Michigan into the Mississippi Basin. While this engineering marvel successfully protected the city, it inadvertently opened a gateway for invasive Asian carp, threatening the Great Lakes' ecosystem. Currently, electric barriers serve as a temporary fix, but substantial investment in basin separation is needed for a lasting solution.
In 2009, Illinois treated a six-mile canal with more than 1,800 gallons of fish-killing poison — and found just one invasive carp
To address the menace of invasive Asian carp, Illinois officials deployed rotenone in a canal, leading to the recovery of numerous fish; however, they could only pinpoint a single bighead carp. The undertaking took place during routine maintenance of an electric barrier, highlighting the complexities of managing these invaders and reinforcing the importance of a multifaceted defense strategy to safeguard the Great Lakes.
In 1970s, silver carp were brought to the US for aquaculture. Now the jumping fish threaten a $20 billion Great Lakes industry
Invasive silver carp are rapidly approaching the Great Lakes, raising alarm over potential ecological and economic damage. The recent detection of hundreds of young fish in the Illinois River has sparked concerns about their harmful impact on plankton, which could disrupt native species and aquatic food webs. Their notorious jumping behavior also poses risks for recreational boaters. To combat this threat, a $1.
Silver Lake in talks to buy Workday, sources say
Silver Lake and the human-resources and financial management software company have held discussions about a potential deal in recent months, the people said. The talks are ongoing and there is no guarantee a deal will materialize, said the sources, who spoke on condition of anonymity because the discussions are confidential.
RIL rises after receiving Rs 7,500 crore from Silver Lake
Silver Lake was the first US private equity firm to invest in Jio after tech giant Facebook took a 9.99 per cent stake in the company for Rs 43,573.62 crore. Silver Lake bought 2.08 per cent in Jio in two tranches for a total of Rs 10,202.55 crore.
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