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Zomato raised Rs 8500 crore through QIP in order to expand its operations.

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Zomato raised Rs 8500 crore through QIP in order to expand its operations.

These shares were distributed to investors at a 5 per cent reduction to the undermost price, which was fixed at ₹ 265.91 per share.ICICI Prudential, Motilal Oswal, HDFC, and Kotak, four domestic collaborative fund houses, distributed further than 5 of the equity shares offered in the QIP issue.

Zomato has raised ₹ 8,500 crore through share trade to institutional investors, mainly comprising domestic collaborative fund houses. The proceeds from the issue, which closed on Friday, will be used to fund the expansion plans of Zomato and quick commerce business Blinkit.

Zomato said its fund raising commission has approved the allotment of( 33.65 crore) shares to eligible good institutional buyers at an issue price of ₹ 252.62 per share, adding up to ₹ 8,500 crore.

These shares were distributed to investors at a 5 per cent reduction to the undermost price, which was fixed at ₹ 265.91 per share.More than 5 of the equity shares offered in the QIP issue were distributed by four domestic collaborative fund houses ICICI Prudential, Motilal Oswal, HDFC, and Kotak. Motilal Oswal surfaced as the largest party, securing a 21 per cent share of the allotment by investing about ₹ 1,750 crore.

Zomato CEO Deepinder Goyal had said the proposed fundraise would strengthen its balance distance. previous to its original public immolation( IPO) before this month, rival Swiggy raised Rs 5,085 crore from anchor investors.

Why did Vikas Divyakirti abnegate from the post of IAS officer after just 1 time?

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Why did Vikas Divyakirti abnegate from the post of IAS officer after just 1 time?

Know his last announcement The UPSC examination is considered one of the toughest assessments in India.To pass this challenging test, contenders spend several hours a day studying. Every time, thousands of people take the test to secure positions analogous as IAS, IFS, IRS and IPS officers. still, truly numerous of them are suitable to clear this largely competitive test, which has three stages primary test, Main test and Interview. moment, we will bat the inspiring trip of Dr. Vikas Divyakirti, celebrated professor, author and one of the most reputed instructors in the country. still, you will be familiar with the name of Dr, If you are preparing for the UPSC Civil Services test.

Vikas Divyakirti, constantly appertained to as the digital instructor. He is largely regarded as a motivational speaker and has gained immense popularity among aspirants for his guidance and perceptivity. Dr. Divyakirti, the Author and Managing Director of Drishti IAS, is known for his moxie in general studies, particularly Indian politics, history and current affairs. After completing a master’s degree in Hindi literature in 1995, he took the civil services examination in 1996 and secured an emotional All India Rank( AIR) of 384 in his first attempt itself.

His training goes beyond the academic sphere, exploring philosophy, ethics and values that appeal to a wide cult, indeed if they are experts in UPSC subjects. There are several devoted runners on Instagram with short clips of Dr. Vikas Divyakirti’s lectures. A particularly popular addict runner with over 60,000 followers, attests to his wide sun. also, his particular YouTube channel has 2.95 million subscribers, and his guiding centre, Drishti IAS, has a subscriber base of over 11 million.

Vikas Divyakirti was born into a modest family in Haryana on December 26, 1973. His ma tutored PGT in Bhiwani and his father was a distinguished professor of Hindi literature at Maharshi Dayanand University. Vikas Divyakirti’s two elder sisters are DIG in CBI and Software architect in the United States. Dr. Vikas Divyakirti studied at Saraswati Shishu Mandir in Bhiwani area of Haryana for his education. He joined Zakir Husain Delhi College of Delhi University for his scale, from where he did BA in Hindi.He pursued further education by obtaining Master’s, MPhil, and doctoral degrees, along with postgraduate qualifications in Hindi and English.

Due to his strong educational background he is considered one of the most good instructors for UPSC examinations in India. Dr. Vikas Divyakirti started training at Delhi University after completing his studies. At the same time, under pressure from his family, he started preparing for UPSC examinations, and eventually attained AIR 384 in 1996.

After working for some time in the Ministry of Home Affairs, he decided to pursue his love for training and founded Drishti IAS Coaching Center in Mukherjee Nagar, Delhi in 1999. Dr. Vikas Divyakirti also played himself in the 2023 film named’ 12th Fail’ starring Vikrant Massey. The film depicted the challenges and triumphs of UPSC applicants. Vikas Divyakirti’s last announcement was as Section Officer in the Official Language Department in the Ministry of Home Affairs, New Delhi. He returned to training by relinquishing after a time and founded Drishti IAS Coaching Institute in 1999.

Elon Musk surprised at India counting’ 640 million votes in one day’,’ California still.’

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Elon Musk surprised at India counting’ 640 million votes in one day’,’ California still.’

Elon Musk on Saturday praised India’s election process and expressed concern over the extremely slow process of counting votes in several US countries. While praising India for counting nearly 640 million votes during the Lok Sabha choices, the Tesla CEO also took a dig at the US presidential election counting, which is still going on in California nearly 20 days after it began on November 5.

The Space X CEO’s commentary on India’s electoral system came a day after counting of votes for the Maharashtra and Jharkhand state assembly choices and by- choices ended on Saturday.

In a single day, India recorded 640 million votes. Votes still being counted in California,” Elon Musk wrote on X while participating a screenshot of an composition on Indian election vote counting.

The tech billionaire’s post comes at a time when California is still counting votes for the US Presidential Election 2024, listed to be held on November 5. According to the Los Angeles Times, citing the Secretary of State’s office, an estimated 570,500 ballots are still to be counted across the state.

Maharashtra and Jharkhand assembly choices

Voting for the Maharashtra and Jharkhand assembly choices was held in a single phase on November 20.The votes were counted on November 23.

According to the Election Commission of India, the BJP won 132 seats in Maharashtra. The Shiv Sena won 57 seats, the Ajit Pawar- led Nationalist Congress Party( NCP) won 41 seats, the Congress was confined to 16 seats and Sharad Pawar’s NCP secured 10 seats.

Meanwhile, in Jharkhand, Hemant Soren’s Jharkhand Mukti Morcha( JMM) surfaced victorious on 33 seats, BJP won 21 seats, Congress won 16 seats and RJD secured 4 seats.

US Presidential Election in California

One of the most dynamic states in the US is California. choices in the state are generally conducted by post and correspondence- in ballots bear further time and trouble to corroborate than votes cast in person.

choices and vote counting in the US follow a fully different process than in India. The vote count numbers in the two countries are also released else. According to The Hindu, news agency AP and some other media outlets in the US give the vote count numbers.

No OTP from December 1?New rules will apply to BSNL, Vi, Airtel, and Jio.

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No OTP from December 1?New rules will apply to BSNL, Vi, Airtel, and Jio.

TRAI has directed telecom companies to implement traceability to track OTP-based messages, which can be implemented from December 1.

With the growing trend of internet and smartphones, along with the facilities of these technologies, many types of threats have also emerged. While smartphones have made many tasks easier, it has also provided scammers and cybercriminals with new ways to cheat people. In view of this, the Telecom Regulatory Authority of India (TRAI) has recently implemented several measures to protect people from fraud and online fraud.

TRAI has taken an important step, directing telecom companies to implement message traceability. This major decision was first announced in August, focusing on commercial messages and OTP (one-time passwords). Initially, telcos were given an October 31 deadline to implement these traceability measures, but this deadline was extended to November 31 following requests from major companies like Jio, Airtel, VI, and BSNL. As the new deadline approaches, these companies will have to comply with TRAI’s rules for tracking commercial and OTP messages.

It is important to note that if Jio , Airtel, VI, and BSNL start implementing these traceability measures from December 1, OTP messages may be delayed. As a result, if you are engaged in activities like banking or booking reservations, you may have to wait longer for your OTP.

TRAI’s initiative stems from the realization that scammers often exploit fake OTP messages to gain access to individuals’ devices, resulting in significant financial losses. By implementing this rule across all telcos , TRAI aims to protect consumers more effectively.

Hackers Transgress Andrew Tate’s online’ university’, exposing 800,000 druggies

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Hackers Transgress Andrew Tate’s online’ university’, exposing 800,000 druggies

According to the Daily fleck, hackers have managed to break into The Real World, an online platform created by far-right influencer and mortal dealer Andrew Tate.
The cyberattack led to the leak of data on further than 800,000 druggies, including the dispatch addresses of about 325,000 people.
The saved platform describes itself as an” online university” offering courses on fitness, finance and content creation for a yearly subscription of$ 50.

A common disquisition by WIRED, Bayerischer Rundfunk( BR) and set up that US companies that fairly collect digital advertising data are enabling adversaries to cheaply track US military and intelligence labor force. A cooperative analysis of billions of position equals from a US- grounded data broker revealed detailed shadowing of thousands of bias from sensitive US spots in Germany, including NSA installations and bases allegedly storing US nuclear munitions.

On the other hand, social media mammoth Meta has for the first time revealed its sweats to combat the forced labor composites that have fueled a rise in gormandizer slaughtering swindles on its platform. The company revealed that it has been still uniting with global law enforcement, tech assiduity mates and external experts for further than two times to strike the crime syndicates behind these operations in Southeast Asia and the UAE. This time alone, Meta reported that it has shut down further than 2 million accounts linked to fiddle
composites in Myanmar, Laos, Cambodia, the Philippines and the UAE.

At the CyberWarCon security conference on Friday, cybersecurity establishment SpyCloud participated findings about intimately accessible black request services that offer low- cost access to sensitive information of Chinese citizens, including phone figures, banking details, hostel and flight records, and indeed real- time position data. According to the establishment’s experimenters, these services gain their data through interposers at Chinese surveillance agencies and government contractors, who vend their access. Also at the conference, cybersecurity establishment Volexity revealed that a Russian hacking group has allegedly developed a new Wi- Fi- hacking fashion that involves taking control of a near laptop and using it as a ground to insinuate a targeted Wi- Fi network.

This system, called a” nearest neighbor attack,” was uncovered by the establishment during an disquisition into a network breach of an unnamed customer in Washington, D.C., in 2022. And eventually, experimenters discovered how the U.S. is stopping foreign influence juggernauts briskly than ever ahead but there is still plenitude of room for enhancement.

That is not all. Each week, we round up security and sequestration news we have not covered in- depth ourselves. Click on the captions to read the full stories. And stay safe.

Andrew Tate is set for a boxing bout with Jake Paul after Mike Tyson bout

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Andrew Tate is set for a boxing bout with Jake Paul after Mike Tyson bout

Tate – a four-time kickboxing world champion – believes he would teach the YouTuber-turned-boxer a ‘lesson’ if they fought in the squared-circle

Tate – a four-time kickboxing world champion – has also competed in the MMA cage in his career and has six bouts to his name. His overall record in both amateur and professional is 4-2. As for Paul, the social media star enjoyed another victory on Friday night when he took on former undisputed heavyweight world champion Mike Tyson in Dallas, ensuring his win via unanimous decision.

Paul was more than 30 years younger than Tyson and their age difference eventually came to the fore in the final stages of the contest. Speaking about the bout, Paul said: “This fight was totally different. I felt a lot less nervous than usual, I’m getting used to these momentsIt’s less nerve-racking to fight at a stadium because it’s less intimate and noisy. Fighting in an arena is difficult.

Coming out, I was calm, composed and composed. I was watching for his movement in the first round, and I was able to immediately gauge his timing and see how I could touch and tag him. The rest is history, I just out-boxed him and had fun.” The win took his professional record to 11-1. After the win over Tyson, ‘The Problem Child’ has now added another name to his impressive CV. The young American has already defeated Ben Askren, Tyron Woodley, Nate Diaz, and Anderson Silva in his career.

Hope for meaningful conversations at G20 PM Modi

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Hope for meaningful conversations at G20 PM Modi

Prime Minister Narendra Modi on Saturday said he’s looking forward to” meaningful” conversations at the forthcoming G20 peak in Brazil that will set a broad docket for the grouping, erecting on the heritage of India’s chairmanship last time. Modi made the reflections in a statement ahead of embarking on a five- day visit to Nigeria, Brazil and Guyana.

The Prime Minister’s first destination will be Nigeria, from where he’ll travel to Brazil.” In Brazil, I’ll attend the 19th G20 Summit as a trifecta member. Last time, India’s successful administration made the G20 the people’s G20 and mainstreamed the precedences of the global south in its docket,” the Prime Minister said. Modi, Chinese President Xi Jinping and US President Joe Biden will be among the leaders attending the peak in Rio de Janeiro on November 18 and 19. India is part of the G20 trifecta along with Brazil and South Africa. The Prime Minister said,” This time Brazil has carried forward India’s heritage.

I look forward to fruitful conversations, keeping in mind our vision of’ One Earth, One Family, One Future’. I’ll also use the occasion to change views on incubating bilateral cooperation with a number of other leaders.” The addition of the 55- nation African Union as a endless member of the G20 and drafting a Leaders’ protestation prostrating deep differences on the Ukraine conflict were seen as major mileposts of India’s Presidency of the G20 last time. On his visit to Nigeria, Modi said it’ll be an” occasion to further advance our strategic cooperation grounded on participated belief in republic and pluralism”.

 This will be my first visit to Nigeria, which is our close mate in the West African region, Modi said. ” I’m also looking forward to meeting the Indian community and musketeers from Nigeria who have transferred me warm welcome dispatches in Hindi,” he said.

Elon Musk said “game, set and match” while Donald Trump took a huge lead

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Elon Musk said “game, set and match” while Donald Trump took a huge lead

Billionaire Elon Musk today said “game, set and match” while Republican Donald Trump is projected to beat his Democrat opponent Kamala Harris in the US Presidential elections.

The expression that Musk used on his owned social media platform X is usually used after a tennis match to indicate that a competitor has won. Elon Musk said “game, set and match” while Donald Trump took a huge lead Donald Trump received Elon Musk’s endorsement over Kamala Harris.

Billionaire Elon Musk today said “game, set and match” while Republican Donald Trump is projected to beat his Democrat opponent Kamala Harris in the US Presidential elections. The expression that Musk used on his owned social media platform X is usually used after a tennis match to indicate that a competitor has won. In a separate post, he said that the people of America have given Trump a “clear mandate for change tonight.” Earlier today, Musk, who has backed Trump, announced his intention to spend election night with the former US president.

Donald Trump gains lead over Kamala Harris
Donald Trump has won several strongholds including Florida, while Kamala Harris has won several eastern states. US networks have projected Trump winning 23 states and his 60-year-old rival 11.

They are also ahead in six of the seven swing states that hold the key to the White House. North Carolina has been called in Trump’s favour and he is also ahead in Arizona, Michigan, Pennsylvania, Wisconsin and Georgia. The lead is yet to be revealed in the swing state of Nevada.

As far as electoral college numbers are concerned, which will determine the winner in this election, the former president is ahead with 230 votes, while Harris is behind with 187 votes. Each candidate is aiming to achieve the magic figure of 270 electoral college votes.

The 2024 US presidential election is historic because if Harris, an Indian-American who is the first woman vice president, wins, she will become the first woman, Black woman, and South Asian American to win the presidency.

US Presidential Election: Trump wins Florida and four other states, Harris holds on to Massachusetts and Maryland

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US Presidential Election: Trump wins Florida and four other states, Harris holds on to Massachusetts and Maryland

US Election Results: After a bitter election campaign, US voters will either make Democrat Kamala Harris the first woman president in the country’s history or hand over power to Republican presidential candidate Donald Trump for a second consecutive term in the Oval Office.

The counting of votes for the US elections has begun; US networks have projected Donald Trump winning 23 states and Kamala Harris 11 states. As for the Electoral College numbers, which will determine the winner in this election, the former President is ahead with 247 votes and Harris is behind with 214. Each candidate is aiming to achieve the magic figure of 270 Electoral College votes.

As far as swing states are concerned, Trump is leading in six of the seven battleground states.

Donald Trump said he would be ready to concede defeat after Tuesday’s vote “if it’s a fair election”, while again raising concerns about the use of electronic voting machines. However, Trump said he felt “very confident” about winning back the White House after voting in Florida in one of the most controversial US elections in decades.

 

All private property cannot be taken over by government: Supreme Court

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All private property cannot be taken over by government: Supreme Court

In a landmark judgement today, the Supreme Court held that not all privately owned properties are community resources that can be taken over by the state for common good. A nine-judge Constitution Bench headed by Chief Justice of India DY Chandrachud delivered the verdict on the contentious issue by a majority of 8-1.

Three judgments were written – the Chief Justice wrote a judgment for himself and six colleagues, Justice BV Nagarathna wrote a concurrent but separate judgment and Justice Sudhanshu Dhulia dissented. The bench comprised Chief Justice DY Chandrachud, Justice Hrishikesh Roy, Justice Nagarathna BV, Justice Sudhanshu Dhulia, Justice JB Pardiwala, Justice Manoj Mishra, Justice Rajesh Bindal, Justice SC Sharma and Justice AG Masih.

The case deals with Article 31C of the Constitution which protects laws made by the state to carry out the Directive Principles of State Policy – the Constitution lays down guidelines for governments to follow while making laws and policies. The laws protected by Article 31C also include Article 39B. Article 39B states that the State shall direct its policy to ensure that the ownership and control of the material resources of the community are distributed in such a manner as best to subserve the common good.

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