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Jio IPO: Inside the Record ₹30,213 Crore Issue Shaking Up Indian Markets
The Jio IPO has become the biggest market story in India in years. Jio Platforms’ ₹30,213 crore public issue has drawn total demand of ₹3.2 lakh crore, with public subscription hitting 3.1 times on the first day and the anchor book drawing bids worth more than ₹2.5 lakh crore. It is the first public issue…
H3 Rocket Launch: Why Japan’s MMX Mission Has Everyone Searching
One phrase is surging on Japanese Google Trends today: h3 ロケット打ち上げ, the H3 rocket launch. Search volume has hit 10K+, up 800%, and the reason is sitting on a launch pad in Kagoshima. The H3 rocket launch scheduled for the early hours of 20 October is carrying JAXA’s MMX probe toward Mars’s moon Phobos —…
Accenture Capped Claude Spending at $29 a Month. Some Employees Were Spending $1,000.
The irony writes itself: the consulting giant telling the world’s biggest companies to invest heavily in AI has just slapped a $29-a-month budget on its own employees’ AI use. Accenture told staff it will centrally fund only $29 per person per month for Claude, Anthropic’s AI model, after discovering some employees were burning through $1,000…
Realty Income Jumps on €528M KKR European Deal; Meyka Grades O a B
Realty Income partners with KKR on €528M European real estate deal. AFFO guidance raised to €4.44-€4.45 per share. Meyka grades O a B with 5.7% dividend yield.
Burke Cuts Student Family Visas, Tightens Backpacker Rules in September 17 Overhaul
Tony Burke announces major immigration changes on September 17: international students barred from bringing family, ballot system for backpackers, net migration target cut to 245,000 from current 292,100.
Surfer Loses Foot in Shark Attack Off Geraldton, WA on September 15
Mel Ismail, 56, lost his foot in a shark attack at Glenfield Beach, Geraldton, WA on Monday. He was rushed to hospital in serious but stable condition. Authorities closed the beach and are investigating.
Sensex Falls 121 Points as Brent Crude Hits $108 on September 11
Sensex fell 121 points to 74,781.76 and Nifty dropped 80 points to 23,398.10 on September 11 as Brent crude jumped to $108 amid West Asia conflict and foreign fund outflows.
Trump Demands Bombardier Build in U.S. or Lose Sales Access
Trump threatens to block Bombardier jet sales in the U.S. unless the Canadian aerospace company builds planes domestically. Bombardier says it already manufactures components in the U.S. and employs 3,500 American workers.
Sam Altman Says ChatGPT Uses Less Water Than Growing One Almond
Sam Altman compares ChatGPT water use to California almonds, saying modern data centers consume no more water than office buildings. 71% of Americans oppose new data center construction.