Boating Financial News

audio products brand Boat has finalised ICICI Securities, Goldman Sachs and Nomura as bankers for a $300-500 million IPO next year, sources aware of the matter said, joining the queue of new-age firms looking to go public. New Delhi-based Boat may aim for a valuation of over $1.5 billion, sources said, adding these numbers may change closer to the IPO filing. It’s targeting a public offer in next financial year. Boat had filed draft papers for a public offering in 2022 but halted those plans citing market conditions and raised $60 million in private capital through convertible preferred stocks notes from existing investor Warburg Pincus and new investor Malabar Investments at a minimum valuation cap of around $1.2 billion. “ICICI Securities is the lead banker for the issue and they are looking to file for next financial year,” one of the persons said. “In total they have finalised four bankers.”

A remote fishing town on the edge of Peru’s coastal desert is the site for a $1.3 billion megaport majority-owned by the Chinese shipping giant Cosco

Indian Ocean Region (IOR), India has gifted two water-jet propelled Fast Interceptor Craft (FIC) to Mozambique. The FICs were transshipped from India by INS Gharial.

Amazon best deals on wireless earbuds, over 75% offTop deals for you:Also read: Choose the best Bose headphones and earphones to stay engrossed in your tunes and rhythms: Top 5 highly-rated modelsCheck out Amazon's best deals on headphones with discounts of over 90%! This is your chance to grab top-rated headphones from brands like Sony and Bose, offering superior sound quality and comfort. Perfect for music lovers, gamers, or professionals, these headphones deliver clear audio and noise-cancelling features for an immersive experience.

While Warburg Pincus-backed Boat registered a decline in its FY24 revenue even as it reduced its loss by 48%, its smaller rival Boult saw its profit halve during the year as it increased spending to push growth. The wearables segment – which includes wireless audio devices and smartwatches – saw a 10% year-on-year decline in shipments during the April-June quarter of this year amid cautious inventory management and fewer new product launches, market tracker IDC said.

Congress party and Maha Vikas Aghadi, stating that their «boat has sunk» and asserted that the Mahayuti alliance would return to power in the state. Speaking to ANI, Shaina NC said, «This is the same Congress who keeps commenting on Shiv Sena, Sanjay Raut, they exchange candidates, change names. This boat has sunk. The Mahayuti government will come back to power on November 23.» The BJP leader also reacted to Shiv Sena's (UBT) Aaditya Thackeray's criticism of Union Minister Ashwini Vaishnaw over the Bandra stampede.

Boult x Mustang Torq Newly Launched Truly Wireless in Ear Earbuds with 50H Playtime, App Support, Quad Mic ENC, 45ms Low Latency, Breathing LEDs, 13mm Drivers, Made in India ear buds TWS Bluetooth 5.475% Off₹1,499₹5,999Buy Now The Boult x Mustang Torq is a newly launched pair of truly wireless in-ear earbuds that deliver a high-performance audio experience. With 50 hours of playtime, app support, quad mic ENC for crystal-clear calls, and ultra-low 45ms latency for gaming, these earbuds are designed for versatility. Featuring 13mm drivers for deep bass and clear sound, and breathing LED lights for added style, they are built to perform. With Bluetooth 5.4 connectivity, these Made in India earbuds offer seamless pairing and stable connections. Ideal for music lovers, gamers, and multitaskers, the Boult x Mustang Torq is a stylish and functional choice. Specifications: Playtime: 50 hours Mic: Quad mic ENC

Gerard Butler recently shared his experience visiting Varanasi, India, from a decade ago. In a recent interview, the Hollywood actor described the city's chaotic yet loving environment and the peace he found by the banks of the Ganges River. Butler visited Varanasi with friends and performed a private puja during his trip. He recalled the memorable moment of taking a boat ride and participating in the city's famous Ganga Aarti. He said, “I came to Varanasi 10 years ago when I was travelling with seven friends and it was very tough because everybody wanted to do something different. We had this plan to go all through India.”

The Panama Canal Authority is reaching out to communities that could be impacted if the Indio River is dammed to make a new reservoir ensuring the water supply needed to operate the Panama Canal

₹5000 with discounts of up to 79%! Enjoy high-quality sound at unbeatable prices and transform your entertainment setup without breaking the bank.Also read: Amazon Diwali sale blockbuster deals during Great Indian Festival: Top decor items at 80% offUpgrade your audio experience with premium soundbars under ₹10000, now available at up to 87% off during the Amazon Great Indian Festival Diwali Sale. Enjoy crisp, immersive sound at an affordable price and elevate your home entertainment system to a whole new level this festive season.Also read: Do NOT miss out on the Amazon Great Indian Festival Diwali Special Offers on car and bike accessories and save up to 75%This Diwali, experience top-tier sound quality with soundbars under ₹20000, now at up to 74% off in the Amazon Great Indian Festival Sale.

ghost ship' that washed ashore near St Augustine, Florida due to Hurricane Mliton has taken people with shock and interest. The story went viral and thousands were curious even after several inconsistencies. However, to the disappointment of many, it has turned out to be false. The rumour started a week after Hurricane Milton hit the shores of Florida. Despite the fact that the storm hit on October 9 and on the opposite side of the state, the ghost ship story gained significant traction. The original post amassed over 21,000 shares, with social media users spreading the narrative widely.

Subscribe to enjoy similar stories. It shares a border with Greece, is a convenient boat ride away across the Adriatic Sea from Italy and not much of a drive from Dubrovnik in southern Croatia. Yet, Albania is a bit of a dark horse when it comes to Indian travellers.

Cuba plunged into a countrywide blackout on Friday after one of the island’s major power plants failed and caused the national electrical grid to shut down, its energy ministry said.

Reasons to buyReasons to avoidAlso read: Amazon Great Indian Festival blockbuster Dusshera Sale: Over 70% off on smartwatches of all budgetsThe boAt Storm Smartwatch is designed for active individuals who want a durable and reliable fitness companion. With built-in GPS and navigation features, this smartwatch is perfect for outdoor activities.

Subscribe to enjoy similar stories. We had booked the tour ahead of our Svalbard trip—a hike up the Sarkofagen mountain 500m above sea level and rising between two glaciers. The activity had a difficulty level of three on five, demanding average fitness.

Mikhail Pichugin, 46, was discovered severely malnourished, having lost 50 kilograms (110 pounds) during his time at sea. Authorities confirmed that the bodies of his 49-year-old brother, Sergei, and 15-year-old nephew, Ilya, were found on board the small rubber boat, marking a tragic end to the family’s voyage. The three, according to a Moscow Times report, had embarked on a whale-watching trip from the Khabarovsk region in early August. Their plan was to explore the Shantar Islands, located off the coast of the Sea of Okhotsk, with the intention of returning by August 9. When they failed to arrive back as scheduled, a search and rescue operation was launched, but the group’s boat was nowhere to be found. Pichugin’s ordeal ended late Monday when a fishing vessel spotted him near the Kamchatka Peninsula, approximately 23 kilometers (12 miles) offshore. This location was more than 1,000 kilometers (621 miles) east of the Shantar Islands, where the trio was last seen. Pichugin was immediately taken to a hospital in the Magadan region for treatment after his rescue.

Tamil Nadu Chief Minister M K Stalin on Monday took stock of the situation arising due to the heavy rain predicted by the Regional Meteorological Centre, Chennai, in the next four days. He has directed the authorities to declare a holiday for schools and colleges in Chennai, Tiruvallur, Kanchipuram, and Chengalpattu districts on October 15, and also asked them to issue advisory to IT firms to allow their employees to work from home from October 15 to 18. The RMC said Tamil Nadu would receive heavy rain due to a low pressure area over the southeast Bay of Bengal at 5.30 am today. «It is likely to become a well marked low pressure area and move west-northwestwards towards north Tamil Nadu, Puducherry, and adjoining south Andhra Pradesh coasts during the next two days,» it said. There would be enhanced rainfall activity associated with the movement of this system, the IMD said.

Subscribe to enjoy similar stories. In the hospitality industry, there’s a unique practice--new places open in the off season. The aim is to test it, iron out the kinks and prepare for the high demand by the end of the year.

Efective from 1 January 2025, the decision came on the back of BOOK's growing NAV total return, which was up 225.4% since the trust was admitted to the London Stock Exchange Specialist Funds Segment in June 2021. In addition, as a result of the trust's portfolio expansion, which now boats 19 businesses, «the investment manager [Book AM] is keen to ensure that it has the resources necessary to build the scale and capabilities within its team to continue to deliver strong investment returns for shareholders», according to BOOK. JP Morgan AM slashes fees on £5.8bn US Select Equity Plus a...