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Subscribe to enjoy similar stories. Bengaluru: CarDekho’s early investors including Peak XV, Google Capital and Hillhouse Capital are expected to sell part of their stakes in the automobile marketplace as the company initiates conversations with merchant bankers for an initial public offering next year. CarDekho, which is expected to file its IPO papers in March, may see other early investors also book a profit from its public share offering, two people with direct knowledge of the matter told Mint.

Connor Sephton is a journalist based in London, who also works for Sky News and the BBC as a radio newsreader and online reporter. He has covered crypto since 2018 — reporting from major conferences...

Delhi government has initiated a special audit of 12 DU colleges fully funded by it to investigate allegations of financial irregularities flagged by Chief Minister Atishi. The Directorate of Audit has assigned an eight-member team to conduct the special audit after a status report was submitted by a high-level committee. In an order issued last week, the Audit department directed the secretary of Directorate of Higher Education to instruct the colleges to make all necessary records available to the audit team. «I am directed to convey the approval of Competent Authority for conducting a Special Audit on the examination of issues related to 12 colleges (fully funded by the Delhi Government) affiliated with the University of Delhi, as per the status Report of the High Level Committee,» read the order dated September 27.

ICICI Securities has buy call on Adani Energy Solutions with a target price of Rs 1,318. The current market price of Adani Energy Solutions is Rs 1010.2. Adani Energy Solutions Ltd., incorporated in the year 2013, is a Large Cap company (having a market cap of Rs 121227.44 Crore) operating in Power sector. Adani Energy Solutions key Products/Revenue Segments include Traded Goods, Sale of services and Income From Construction Work for the year ending 31-Mar-2024.

inventory overhang (the estimated time required to sell off unsold stock based on sales velocity) has dropped to 22 months in the June quarter, down from 34 months in the corresponding quarter last year. According to PropTiger.com report, NCR's Gurugram witnessed a substantial decline in inventory overhang from 72 months in Q2 2023 to 31 months in Q2 2024. Ahmedabad also showed strong performance, reducing its inventory overhang from 33 months to 18 months during the same period, reflecting the healthy demand dynamics in these markets. Regarding unsold inventory, the report said that despite a moderation in supply and absorption rates, India’s residential real estate market displayed resilience, achieving a 2% year-on-year decline, bringing the total to over 9.26 lakh units as of June 30.

According to a Times of India report, terror-related incidents have dropped to one-tenth of the levels seen a decade ago. This year's assembly elections, the first since the nullification of Article 370 and J&K's reorganisation into a Union Territory in 2019, have witnessed peaceful polling in several areas of Kashmir, an official confirmed. While the Kashmir Valley recorded positive voter participation, turnout percentages in most of Jammu division, where voting has concluded, have dipped compared to 2014. According to officials, the decline could be linked to the recent surge in terror activities in the region. As of September 27, 15 terror-related attacks and encounters had resulted in the deaths of 11 civilians and 17 security personnel in Jammu.

Ashok Leyland Ltd. fell 0.39 per cent to Rs 238.8 in Monday's trade as of 01:07PM (IST) even as the benchmark Nifty ruled at 25883.65, down 295.3 points. The scrip had closed at Rs 239.75 in the previous session. The stock quoted a 52-week low of Rs 157.65 and a high of Rs 264.7. The company quoted a market-cap of Rs 70121.88 crore on the BSE.

Saudi citizens continued to decrease in the second quarter, falling to 7.1%, according to government data released on Monday, down from 7.6% in the previous quarter, and from 8.5% in the same period a year earlier. The overall rate of unemployment, which includes expatriate workers, fell to 3.3% in Q2, down from 4.1% in the prior year period, the General Authority for Statistics said. More than 60% of Saudi citizens are under the age of 30, and job creation — especially in the private sector — is a key focus of Crown Prince Mohammed Bin Salman's Vision 2030 programme, which seeks to stimulate the economy and diversify it away from oil.

Fintech company BharatPe on Monday said that it had settled the two-year-old legal dispute with cofounder Ashneer Grover. As part of the settlement, Grover will neither be associated with the company in any capacity nor be a part of its shareholding as part of a settlement agreement signed between them, BharatPe said in a statement. Part of the shares held by Grover will be transferred to the Resilient Growth Trust for the benefit of the company and remaining shares will be managed by his family trust.

diabetes patient using cell transplants, reports said on September 30. The landmark surgery, which marks a world's first, lasted just half an hour, news agency PTI reported citing The Paper, a Shanghai-based news outlet. The patient, a 25-year-old woman, began naturally regulating her blood sugar levels approximately two and a half months after the procedure, the reports said. Researchers from Tianjin First Central Hospital and Peking University were part of the team that published their findings in the peer-reviewed journal Cell last week.

Moo Deng memecoin. The memecoin, inspired by a viral pygmy hippo, saw a rapid surge in value, turning a small investment into a massive return within just two weeks.

On Tuesday, the Labor Department releases data on job openings for August and shoe giant Nike reports its latest quarterly results

Atishi, along with other MLAs and members of the Aam aadmi party, including former Delhi Deputy Chief Minister Manish Sisodia and Delhi Minister Gopal Rai inspected the condition of roads in the national capital on Monday. She inspected the condition of roads in the Okhla area of the national capital. This is part of the Delhi government's road assessment and repair plan.

OpenAI used a system of nondisclosure agreements to stifle public criticism from outgoing employees. Current and former OpenAI staffers were paranoid about talking to the press. In May, one departing employee refused to sign and went public in The Times. The company apologized and scrapped the agreements. Then the floodgates opened. Exiting employees began criticizing OpenAI's safety practices, and a wave of articles emerged about its broken promises. These stories came from people who were willing to risk their careers to inform the public. How many more are silenced because they're too scared to speak out? Since existing whistle-blower protections typically cover only the reporting of illegal conduct, they are inadequate here. Artificial intelligence can be dangerous without being illegal. A.I. needs stronger protections — like those in place in parts of the public sector, finance and publicly traded companies — that prohibit retaliation and establish anonymous reporting channels. OpenAI has spent the last year mired in scandal. The company's chief executive was briefly fired after the nonprofit board lost trust in him. Whistle-blowers alleged to the Securities and Exchange Commission that OpenAI's nondisclosure agreements were illegal. Safety researchers have left the company in droves. Now the firm is restructuring its core business as a for-profit, seemingly prompting the departure of more key leaders.

health workers, including 3,000 doctors, to strengthen medical services in the state, Deputy Chief Minister Rajendra Shukla has said. Once a sufficient number of doctors and paramedical staff are available, the arrangements in the district hospitals as well as community and primary health centres will improve, Shukla said on Sunday. The deputy CM, who holds charge of the state health department, was talking to reporters in Rewa. He said 30,000 health workers, including 3,000 doctors, will be recruited in the state health department soon.

cement pillar on the railway track of the Jhansi-Prayagraj route, officials said. The incident was reported after a loco pilot of the passenger train 11801, en route from Jhansi to Prayagraj, noticed the obstruction near Raivara village. The pilot promptly applied emergency brakes and informed the control room. The railway personnel, including Government Railway Police (GRP), Railway Protection Force (RPF), and local police, arrived at the site and removed the cement pillar. The boy, who was grazing animals nearby, was detained and questioned by the police. During the interrogation, he admitted to placing the pillar on the track as a prank. Kabrai police registered a case based on the complaint filed by Rail Path Inspector Rajesh Kumar. «A case has been registered against the teenager under section 327 of the Bharatiya Nyaya Sanhita for mischief with intent to endanger safety, and under section 150 of the Railways Act for attempted wrecking of a train,» Additional Superintendent of Police (ASP) Vandana Singh told Times of India.

Crompton Greaves Consumer Electricals Ltd. traded 0.84 per cent down in Monday's trade at 12:26PM (IST). Around 23,797 shares changed hands on the counter. The scrip opened at Rs 424.8 and touched an intraday high and low of Rs 426.0 and Rs 418.45, respectively, in the session so far. Shares of the company of Crompton Greaves Consumer Electricals Ltd. quoted a 52-week high of Rs 483.65 and a 52-week low of Rs 262.1.

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

ACC Ltd. traded 1.88 per cent up in Monday's trade at 10:19AM (IST). Around 10,786 shares changed hands on the counter. The counter opened at Rs 2490.2 and touched an intraday high and low of Rs 2531.0 and Rs 2470.0, respectively, in the session so far. The stock of ACC Ltd. quoted a 52-week high of Rs 2843.0 and a 52-week low of Rs 1803.8.

LTIMindtree Ltd.(up 1.42 per cent), Coforge Ltd.(up 0.77 per cent), HCL Technologies Ltd.(up 0.49 per cent), Persistent Systems Ltd.(up 0.46 per cent) and Wipro Ltd.(up 0.03 per cent) were among the top gainers.

Oberoi Realty Ltd.(up 0.91 per cent) and Mahindra Lifespace Developers Ltd.(up 0.32 per cent) were among the top gainers.