Tata Capital eyes valuation of $16.5B for its $1.85B IPO

Posted on 23/09/2025 by admin

**Tata Capital Eyes Valuation of $16.5 Billion for Its $1.85 Billion IPO**

*By Dwaipayan Roy | Sep 23, 2025, 8:03 PM*

Tata Capital, the financial services arm of the Tata Group, is preparing for a significant initial public offering (IPO) scheduled for early October. The company is targeting a post-money equity valuation of approximately $16.5 billion (around ₹1,46,000 crore) for the listing, according to sources cited by Moneycontrol.

**IPO Launch Details**

The IPO is expected to open for public subscription on October 6, with the anchor portion likely to be allotted on October 3. The total size of the IPO—which includes a fresh issue of shares as well as an offer for sale by Tata Sons and the International Finance Corporation—is estimated at about $1.85 billion (nearly ₹16,400 crore). Life Insurance Corporation of India (LIC) is anticipated to be a major investor in this offering.

**Utilization of Funds**

Proceeds from the IPO will primarily be used to strengthen Tata Capital’s Tier-I capital base. This enhancement will support the company’s future capital requirements and facilitate onward lending activities. For this significant IPO, Tata Capital has enlisted the legal services of Cyril Amarchand Mangaldas, AZB & Partners, and Latham & Watkins.

Despite recent challenges in the non-banking financial company (NBFC) market space, Tata Capital remains optimistic about its upcoming public listing.

**Business Overview**

Tata Capital, classified as an upper-layer NBFC by the Reserve Bank of India (RBI), began its lending operations in 2007. Since then, it has served over seven million customers across India.

The company offers an extensive portfolio of more than 25 lending products catering to salaried and self-employed individuals, entrepreneurs, small businesses, SMEs, and corporates. Apart from lending, Tata Capital also distributes third-party financial products, including insurance and credit cards.

As of March 31, 2025, retail and SME customers accounted for 88.5% of the company’s total gross loans. Tata Capital supports its operations through a pan-India distribution network comprising nearly 1,500 branches.

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Stay tuned for more updates on Tata Capital’s IPO and its progress in the financial services sector.
https://www.newsbytesapp.com/news/business/everything-we-know-about-tata-capital-s-mega-ipo/story

71st National Awards: SRK’s maiden win takes over internet

Posted on 23/09/2025 by admin

**71st National Awards: SRK’s Maiden Win Takes Over Internet**
*By Shreya Mukherjee | Sep 23, 2025, 05:33 PM*

Shah Rukh Khan, the reigning superstar of Indian cinema, was honored with his first National Award at the 71st National Film Awards held at New Delhi’s Vigyan Bhawan. The moment was a landmark in his illustrious 33-year career, sparking widespread excitement across social media platforms.

Before presenting the award, Sanjay Jaju, Secretary of the Ministry of Information and Broadcasting, introduced Khan as the “King of Arts.” He praised the actor by saying, *“The man whose smile crosses borders and whose dialogues have become part of our collective vocabulary receives his first award.”*

Highlighting Khan’s journey, Jaju added, *“His journey from Delhi theater to global stardom is a story in itself. Main kaun hoon, kya hoon, ya sirf Jawan hoon—the answer is simple: he is not just a National Award winner but the King of Arts.”*

Overwhelmed by the honor, Shah Rukh Khan blew a flying kiss in gratitude before receiving the medal and certificate from President Draupadi Murmu. The heartwarming moment quickly went viral on Twitter and other social media.

**Awards Highlights**

Shah Rukh Khan’s film *Jawan* earned him his first National Award, a significant recognition shared with actor Vikrant Massey for *12th Fail*.

Rani Mukerji also won her first National Award for Best Actress for her role in *Mrs. Chatterjee vs Norway*, adding another milestone to her celebrated career.

Malayalam superstar Mohanlal was honored with the prestigious Dadasaheb Phalke Award 2023 at the ceremony. Union Minister Ashwini Vaishnaw called Mohanlal “a true legend” in his congratulatory remarks.

Other major winners of the evening included the films *Sam Bahadur* and *The Kerala Story*, both receiving critical acclaim.

**Career Updates**

On the professional front, Shah Rukh Khan is currently shooting for his upcoming action drama *King*, which features an ensemble cast including Deepika Padukone, Rani Mukerji, Jaideep Ahlawat, Arshad Warsi, and Saurabh Shukla. The film is slated for release in 2026.

Meanwhile, Khan is also celebrating the success of *The Ba***ds of Bollywood* on Netflix, directed by his son Aryan Khan. The film stars Bobby Deol and Lakshya, among others, and has received a positive response.

Shah Rukh Khan’s long-awaited National Award win has truly captured the imagination of fans and the film fraternity alike, marking a memorable chapter in his extraordinary journey.
https://www.newsbytesapp.com/news/entertainment/srk-wins-his-first-national-award/story

71st National Awards: SRK’s maiden win takes over internet

Posted on 23/09/2025 by admin

**71st National Awards: SRK’s Maiden Win Takes Over Internet**
*By Shreya Mukherjee | Sep 23, 2025 | 05:33 PM*

Shah Rukh Khan, the reigning superstar of Indian cinema, was honored with his first National Award at the 71st National Film Awards held at New Delhi’s Vigyan Bhawan.

Before presenting the award, Sanjay Jaju, Secretary of the Ministry of Information and Broadcasting, introduced Khan as the “King of Arts.” He said, “The man whose smile crosses borders and whose dialogues have become part of our collective vocabulary receives his first award.”

Jaju further praised the actor’s journey, stating, “His journey from Delhi theater to global stardom is a story in itself. Main kaun hoon, kya hoon, ya sirf Jawan hoon — the answer is simple: he is not just a National Award winner but the King of Arts.”

Overwhelmed by the honor, Shah Rukh Khan blew a flying kiss in gratitude upon receiving the medal and certificate from President Draupadi Murmu. This memorable moment quickly went viral on social media, with fans flooding Twitter to celebrate the achievement.

**Shah Rukh Khan’s First National Award**

Khan received the prestigious award for his performance in the film *Jawan*, marking a milestone in his 33-year-long career. He shared the award with Vikrant Massey, who won for *12th Fail*.

The evening also saw actress Rani Mukerji winning the Best Actress award for *Mrs. Chatterjee vs Norway*. Despite her illustrious career, this was her first National Award as well.

Malayalam superstar Mohanlal was honored with the Dadasaheb Phalke Award 2023, with Union Minister Ashwini Vaishnaw calling him a “true legend.” Other notable winners included the films *Sam Bahadur* and *The Kerala Story*.

**Career Updates: What’s Next for Shah Rukh Khan?**

Currently, Khan is shooting for his upcoming action drama *King*, which features a stellar cast including Deepika Padukone, Rani Mukerji, Jaideep Ahlawat, Arshad Warsi, and Saurabh Shukla. The film is slated for release in 2026.

In the meantime, he is celebrating the success of *The Ba***ds of Bollywood* on Netflix. Directed by his son Aryan Khan, the film stars Bobby Deol, Lakshya, and other notable actors.

Shah Rukh Khan’s first National Award win is not just a personal triumph but a moment of pride for his fans and the Indian film industry alike.
https://www.newsbytesapp.com/news/entertainment/srk-wins-his-first-national-award/story

How to unlock the MK47 in Delta Force

Posted on 23/09/2025 by admin

Unlocking the MK47 assault rifle in Delta Force will take time, but it’s definitely worth the effort.

This powerful weapon offers enhanced firepower and improved performance, making it a valuable addition to your arsenal. Patience and persistence are key as you work towards unlocking it, but the payoff is well worth the challenge. Stay focused, keep playing, and soon you’ll enjoy the advantages the MK47 brings to your gameplay.
https://www.shacknews.com/article/146052/how-to-unlock-the-mk47-in-delta-force

This company will use AI to develop healthier ice cream

Posted on 23/09/2025 by admin

**This Company Will Use AI to Develop Healthier Ice Cream**

*By Dwaipayan Roy | Sep 23, 2025, 08:01 PM*

Magnum Ice Cream Company, which is set to go public in November, has announced an exciting new partnership with Chilean start-up NotCo. This collaboration will leverage NotCo’s cutting-edge artificial intelligence (AI) technology to reformulate existing Magnum products and develop innovative new offerings.

**A Commitment to Sustainability**

Zbigniew Lewicki, Chief Research, Design and Innovation Officer at Magnum Ice Cream Company, explained that this initiative is part of their broader effort to create more sustainable options while navigating rising commodity costs. “Consumers want to indulge but are also looking for smaller portions and more sustainable products,” Lewicki noted, highlighting the evolving preferences of today’s buyers.

The partnership aims to use NotCo’s AI capabilities to explore and reduce the calorie content in Magnum’s ice cream ranges. Additionally, the technology will assist in developing new plant-based products that align with consumer demand for healthier alternatives.

**NotCo’s AI Technology in Action**

NotCo’s AI has already been adopted by several major consumer goods companies, including those under the Magnum umbrella such as Ben & Jerry’s and Cornetto. Matias Muchnick, CEO of NotCo, shared that many leading food manufacturers rely on their AI to swiftly adapt to shifting consumer tastes—an especially crucial advantage amidst movements like Make America Healthy Again and the rising costs of ingredients such as cocoa.

**Expanding Applications in the Food Industry**

Beyond ice cream, NotCo’s AI technology is helping companies find alternatives for artificial colors, reduce sugar content, and innovate new flavors. NotCo’s previous collaborations include partnerships with Kraft Heinz to develop plant-based macaroni and cheese, cheese singles, and mayonnaise.

These developments underscore a growing trend in the food industry: major brands increasingly turning to AI-driven solutions for product reformulation, aiming to meet consumer demands for healthier, sustainable, and delicious food options.
https://www.newsbytesapp.com/news/business/magnum-ice-cream-company-announces-it-will-use-ai/story

Gilas Girls suffer another rout, stay winless in Fiba U16 Asia Cup

Posted on 23/09/2025 by admin

MANILA, Philippines—The Gilas Pilipinas Girls remain winless in the ongoing 2025 FIBA U16 Women’s Asia Cup in Kuala Lumpur, Malaysia.

The Philippines absorbed a lopsided 74-48 loss at the hands of Chinese Taipei at Karisma Arena on Tuesday, dropping their record to 0-2 in Group A.

This follows a tough defeat against Australia earlier in the tournament, as the team continues to face challenges in the competition.

https://sports.inquirer.net/641318/gilas-girls-suffer-another-rout-stay-winless-in-fiba-u16-asia-cup

Poonam Pandey dropped from ‘Ramlila’ amid controversy over casting

Posted on 23/09/2025 by admin

Actor Poonam Pandey has been removed from the role of Mandodari in the upcoming Ramlila.

The event is being organized by the Lav Kush Ramlila Committee. Further details regarding the replacement or reasons for her removal have not yet been disclosed.
https://www.newsbytesapp.com/news/entertainment/poonam-pandey-ousted-from-ramlila-role/story

Alyssa Solomon begins buildup with Osaka Marvelous

Posted on 23/09/2025 by admin

MANILA, Philippines — Alyssa Solomon has officially begun training with the Osaka Marvelous, the reigning champions of the SV.League.

The Osaka Marvelous recently featured Solomon in their exhibition game against the Saga Hisamitsu Springs, marking an important step in her professional career.

Alyssa Solomon, a three-time UAAP champion from National University, is now preparing to contribute to her new team in the competitive Japanese league. Her transition to the Osaka Marvelous highlights her continuous growth and dedication to the sport.

Read more: Alyssa Solomon to play for Osaka Marvelous in Japan SV.League
https://sports.inquirer.net/641356/alyssa-solomon-begins-buildup-with-osaka-marvelous

KTET May 2025 Answer Key Out for All Categories; Candidates Can File Objections Until September 27

Posted on 23/09/2025 by admin

**KTET 2025 May Answer Key Released by Kerala Pareeksha Bhavan**

The Kerala Pareeksha Bhavan (KPB) has issued the provisional answer key for the Kerala Teacher Eligibility Test (KTET) May 2025 session. Candidates who appeared for the exam can now download the answer key from the official website at [pareekshabhavan.kerala.gov.in](https://pareekshabhavan.kerala.gov.in).

### Answer Key Available for All Categories

The provisional answer keys for all four KTET categories—I, II, III, and IV—have been released. Candidates are advised to download the answer key corresponding to their category and carefully match their responses.

### Passing Marks for KTET 2025

Aspirants can use the KTET 2025 answer key to estimate their chances of qualifying. The official passing marks are as follows:

– **General Category:** 60%
– **OBC Category:** 55%
– **SC/ST/PwD Categories:** 50%

### How to Raise Objections

If candidates find any discrepancies or errors in the provisional answer key, they may raise objections. Objections must be submitted in the format available on the official website and should include valid documentary evidence.

Objections can be submitted either in person or via post to the following address:

“`
Secretary, Pareeksha Bhavan,
Poojappura,
Thiruvananthapuram – 695012
“`

### Deadline for Filing Objections

The last date to submit objections is **September 27, 2025**. KPB has emphasized that objections received after the deadline or not in the prescribed format will be rejected. Also, if raising multiple complaints, candidates should provide separate sheets for each category or part.

### What Happens Next?

After reviewing all valid objections, Kerala Pareeksha Bhavan will publish the final answer key. This final answer key will be used as the basis for declaring the KTET 2025 results.

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### How to Check the Kerala KTET Answer Key 2025

Follow these simple steps to download your KTET May 2025 answer key:

1. Visit the official website: [ktet.kerala.gov.in](https://ktet.kerala.gov.in).
2. Click on the link titled **KTET May 2025 Answer Key** on the homepage.
3. Select your respective category (I, II, III, or IV).
4. The Kerala KTET Answer Key 2025 PDF will appear on the screen.
5. Download and save the PDF for future reference.

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Stay updated and make sure to verify your answers early to assess your performance in the KTET May 2025 exam. Good luck!
https://www.freepressjournal.in/education/ktet-may-2025-answer-key-out-for-all-categories-candidates-can-file-objections-until-september-27

UN General Assembly: Who is attending, and what’s on agenda?

Posted on 23/09/2025 by admin

**UN General Assembly: Who is Attending, and What’s on the Agenda?**

*By Snehil Singh | September 23, 2025, 2:29 PM*

World leaders have gathered in New York for the 80th session of the United Nations General Assembly (UNGA). The debates will open on Tuesday, continue through Saturday, and conclude on Monday, September 29.

### Traditional Opening Speakers

In keeping with tradition since 1955, Brazil will speak first, followed by the United States as the host country. This long-standing custom began when Brazil offered to speak first at the 10th General Assembly.

### Key Discussion Points

The assembly is expected to focus heavily on pressing global tensions, particularly the Israel-Hamas conflict in Gaza and Russia’s ongoing war in Ukraine.

US President Donald Trump will address the UNGA on the opening day, Tuesday, while Israeli Prime Minister Benjamin Netanyahu is also scheduled to speak later in the week.

### Representation of Major Powers

Several major powers are sending senior delegations to the assembly. Russian President Vladimir Putin will miss the gathering for the second consecutive year, with Foreign Minister Sergei Lavrov leading Moscow’s delegation.

China will be represented by Premier Li Qiang instead of President Xi Jinping. Similarly, Indian Prime Minister Narendra Modi has appointed External Affairs Minister S. Jaishankar to represent India at the session.

### Bilateral Talks and Diplomatic Engagements

On Monday, US Secretary of State Antony Blinken met with India’s S. Jaishankar to discuss strengthening strategic cooperation across trade, defense, energy, and critical minerals.

In addition, the External Affairs Minister engaged with EU foreign ministers at an informal meeting in New York. Discussions covered multilateralism, the India-EU partnership, the situation in Ukraine and Gaza, as well as energy and trade issues.

### Notable New Attendees

This year’s assembly features significant participation from countries that have rarely or never before addressed the UNGA in recent decades.

Syrian President Ahmed al-Sharaa will speak, marking the first time a Syrian head of state has addressed the assembly since 1967.

Iranian President Masoud Pezeshkian will also attend following Tehran’s announcement to suspend cooperation with the International Atomic Energy Agency amid UN Security Council sanctions.

Qatar’s Emir, Sheikh Tamim bin Hamad Al-Thani, will be present as well.

### Theme of the 80th Session

The theme for this year’s assembly is **“Better together: 80 years and more for peace, development, and human rights.”**

Annalena Baerbock, Germany’s former foreign minister and the current president of the 80th session, has framed the gathering as a critical moment for international cooperation. She emphasized the importance of preserving the achievements of the UN since 1945, while adapting the institution to address future challenges, summing it up with the rallying cry: **“Better Together!”**
https://www.newsbytesapp.com/news/world/un-general-assembly-who-is-attending-what-s-on-agenda/story