After being out of the national team for over two years, Bhuvneshwar Kumar attracts major bids at the IPL mega-auction, with Royal Challengers Bengaluru paying Rs 10.75 crore for the experienced fast bowler. Other lesser-known Indian pacers, such as Deepak Chahar and Mukesh Kumar, also secure good deals as teams struggle to fill their quota of local fast bowlers. However, big names like Kane Williamson and Glenn Phillips go unsold.
Indian pacer Bhuvneshwar Kumar was sold for a whopping Rs 10.75 crore to Royal Challengers Bengaluru in the IPL mega auction held in Jeddah, Saudi Arabia. His valuation skyrocketed from his base price of Rs 2 crore as RCB and Mumbai Indians fought for his acquisition. Bhuvneshwar rejoined RCB, his first IPL franchise, after stints with Pune Warriors and Sunrisers Hyderabad where he became the team's all-time leading wicket-taker. Other notable transfers included Deepak Chahar to Mumbai Indians, Akash Deep to Lucknow Super Giants, Tushar Deshpande to Rajasthan Royals, and Delhi Capitals exercising their Right to Match option for Mukesh Kumar.
Indian cricketer Rohit Sharma, who was on a break due to the birth of his child, has returned to the team in full form. He was spotted practicing hard on the first day of the team's arrival in Perth, facing reserve pacers Navdeep Saini, Yash Dayal and Mukesh Kumar. The team, led by Jasprit Bumrah, has already secured a dominant victory over Australia in the opening Test and will play a two-day tour game in Canberra on November 30.
After announcing his return as the iconic Indian superhero Shaktimaan, veteran actor Mukesh Khanna faced mixed reactions from fans on social media. While he expressed a deep personal connection with the character and a desire to reach younger audiences, many joked and expressed doubts over his ability to still do justice to the physically demanding role. Some even questioned his decision, stating that it was time to move on and give the role to a new actor.
Actor Mukesh Khanna, known for his iconic role as Shaktimaan, hints at the superhero's return to the screen with a nostalgic post and video clip on Instagram. This announcement has sparked a wave of excitement and nostalgia among fans, who are eager to welcome back their beloved "super teacher." Originally aired in 1997, Shaktimaan was a popular and influential television show in India, and fans are now eagerly awaiting his return.
India A showed their dominance on Day 2 of the unofficial test against Australia A, with a strong performance by the bowling team. Mukesh Kumar and Prasidh Krishna led the attack, taking crucial wickets and limiting Australia A to 84/5. Khaleel Ahmed also contributed with an early strike, helping India A take a strong lead. India A ended the day with a lead of 107 runs, with Australia A struggling at 84/5.
Reliance Industries Ltd. (RIL) is preparing for the highly anticipated IPO of its telecommunications subsidiary, Jio Platforms Ltd., with plans for a listing by 2025. The valuation of Jio is currently estimated at over $100 billion, with analysts predicting a potential IPO valuation of $112 billion. The IPO will allow existing investors to exit, while RIL's chairman Mukesh Ambani aims to list Jio as a subsidiary structure rather than demerging it. In 2020, Jio secured investments from several strategic partners, including Meta and Google, and recently announced a partnership with Nvidia to develop AI data centers in India.
According to sources, Mukesh Ambani, the chairman and managing director of Reliance Industries, has set a target to list the group's telecom business, Jio, next year with a valuation of over USD 100 billion. The conglomerate also plans to launch the IPO of its retail unit at a later time. Ambani had previously announced a timeline of five years for Reliance Jio and Reliance Retail to go public, but the company has now firmed up plans to launch the Jio IPO in 2025, indicating confidence in its stable business and revenue stream as India's top telecom player.
Indian billionaire Mukesh Ambani plans to launch the IPO for his telecom business Jio in 2025 with a target valuation of over $100 billion. Ambani, who hasn't updated his IPO timelines since 2019, has successfully raised $25 billion from investors for his digital, telecom, and retail ventures in recent years. However, the IPO for his retail unit is not expected until after 2025 as the company needs to address some internal business and operational challenges.
After raising $25 billion from top investors, Mukesh Ambani's Reliance Jio is planning to go public with an estimated IPO valuation of $112 billion, surpassing Hyundai India's earlier record. The telecom giant, which currently boasts a subscriber count of 479 million, plans to list its retail and telecom units separately. While Jio is expected to go public in 2025, the retail arm's IPO is likely to follow at a later date due to operational challenges. The company is also increasing its competitive edge with partnerships and collaborations in the tech sector.