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OYO parent Prism files updated IPO papers for Rs 6,650 crore issue: What investors should know

Hospitality firm Prism, parent of OYO, has filed updated papers for a Rs 6,650 crore IPO, comprising only a fresh issue of shares. The company plans to use most proceeds to repay borrowings. Prism reported a significant jump in revenue and profit for the first nine months of FY26, driven by its US business. S&P

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‘You may face difficulties with govt schemes if …’: DK Shivakumar’s warning as Karnataka SIR begins

Karnataka Chief Minister DK Shivakumar urged citizens to register their names during the special electoral roll revision, emphasizing that failure to do so could jeopardize access to crucial government welfare schemes like Gruha Jyothi and Gruha Lakshmi. The revision, running from June 30 to July 29, aims to update voter details, with assistance available through

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‘BMC must wake up now’: Bombay HC raps civic body over potholes, open manholes

Mumbai’s roads and open manholes have drawn sharp criticism from the Bombay High Court, with judges expressing dismay over the two-decade-long problem. The court lambasted the BMC for its inaction, urging them to learn from international road construction standards. Additionally, the Thane Municipal Corporation faced reprimand for delaying compensation to a doctor’s family after his

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Business

Pakistan backtracks on energy gamble, buys emergency LNG as Qatar exports stay in limbo

Pakistan has urgently secured a liquefied natural gas shipment amid ongoing disruptions in the Strait of Hormuz impacting Qatari exports. The nation’s energy supply chain faces strain due to regional tensions, forcing reliance on costly spot market purchases. These incidents, including attacks on vessels, have halted Qatar’s LNG flows, creating global energy market volatility and

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‘Stripped, thrashed’: Bengaluru SI forces minor boys to perform obscene acts, records videos

A Bengaluru police sub-inspector, Praveen, has been arrested for allegedly sexually harassing and assaulting minor boys during a murder inquiry. Sources claim he thrashed and stripped the boys, forcing them into obscene acts and recording them. The leaked video prompted a suo-motu case under the POCSO Act, leading to his apprehension and custody for questioning.

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India Women’s Team For Asian Games 2026: Harmanpreet Kaur To Lead 15-Member Side – Check Full Squad – Outlook India

India Women’s Team For Asian Games 2026: Harmanpreet Kaur To Lead 15-Member Side – Check Full Squad  Outlook India

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‘I’m throwing my 100% support’: Stokes names Brook as preferred successor

Ben Stokes has unequivocally backed Harry Brook as his successor to captain England’s Test side. Despite a recent decision to appoint Joe Root in Stokes’ absence, the retiring all-rounder emphasized Brook’s vice-captaincy as a clear indicator of his readiness. Stokes believes Brook’s leadership skills and growing influence make him the natural choice to guide the

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‘We feel used and cheated’: Muller slams VAR after Germany’s World Cup heartbreak

Germany’s World Cup dreams were shattered by a controversial VAR decision that disallowed Jonathan Tah’s extra-time goal against Paraguay. Thomas Muller vehemently criticised the technology, expressing deep frustration over the “heartbreaking” erasure of a moment that Germany believed secured their victory. The match ultimately went to penalties, where Germany suffered a shock exit.

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Business

Gold heads for worst month since 2008 as Fed rate-hike bets outweigh safe-haven demand

Gold prices are plummeting, heading for their worst monthly drop since 2008. Easing Middle East tensions and rising US interest rate expectations to combat inflation are driving the decline. Analysts suggest a strong dollar and higher rates are overshadowing gold’s traditional safe-haven appeal. Investors are now keenly watching upcoming US jobs data for further clues

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