IPO market cools after shutdown: US listings slow as SEC backlog delays approvals; tech slump adds pressure

The strong run in US initial public offerings has lost momentum due to the government shutdown and increased investor caution, as the Securities and Exchange Commission (SEC) works through a backlog of regulatory filings, according to market participants.Many IPOs expected in late 2025 are likely to be pushed to 2026 as the SEC clears “hundreds…

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Family of junior engineer killed by Maharashtra roadways bus awarded 2.2 crore | India News

MUMBAI: After a routine trip to the market with his father to purchase vegetables on a winter morning in 2023 led to the death of a 30-year-old junior engineer with Konkan Railways, Motor Accident Claims Tribunal in Mumbai ordered Maharashtra State Road Transport Corporation (MSRTC) to pay approximately Rs 2.21 crore (inclusive of interest) to…

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PM Modi unveils India’s first commercial private rocket Vikram-1; inaugurates Skyroot’s new Infinity campus

HYDERABAD: Prime Minister on Thursday virtually inaugurated Hyderabad-based spacetech startup Skyroot Aerospace’s Infinity campus on the outskirts of Hyderabad and also unveiled Skyroot’s first commercial orbital rocket, Vikram-I, that will ferry satellites to into low Earth orbit (LEO).The state-of-the-art facility is spread over 2 lakh sq ft for designing, developing, integrating and testing multiple launch…

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NMC orders hospitals to stock rabies drugs after Supreme Court flags stray threat | India News

Stray dog (Representative image) NEW DELHI: National Medical Commission has directed all govt and private medical colleges and institutions to maintain a mandatory stock of anti-rabies vaccine (ARV) and rabies immunoglobulin (RIG) at all times, in a move that follows SC directions requiring hospitals to ensure timely and complete treatment of dog-bite victims.ARV helps body…

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U.S. Senate Democrats asked Treasury, DOJ to probe Binance’s illicit finance controls

Democrats in the U.S. Senate continue to pile onto Binance, asking the Treasury and Justice departments to investigate its sanctions compliance and protections against illicit finance following reports of potential terrorism funding. Nine senators, including a few that have been instrumental in negotiations over the crypto industry legislation known as the Digital Asset Market Clarity…

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Refining relations: India pumps up goodwill as neighbours seek emergency fuel | India News

Several countries in the subcontinent have reached out to India seeking additional fuel as the ongoing conflict in the Middle East curtails energy supplies from the Persian Gulf.This comes after the effective closure of the Strait of Hormuz, which has left several countries in South Asia with limited stockpiles and few alternative supply routes.While addressing…

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