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Will Ambani's all-fresh Jio sale prove to be a masterstroke for investors?

Reliance Jio is set to roll out an ambitious Rs 30,213 crore IPO featuring solely new equity shares, not existing ones. In light of mixed results from recent Indian IPOs, this move aims to cut down Jio's debt while bolstering its financial standing. The company's IPO, valued at Rs 10.

We haven't written up this one. The Economic Times - Top News has the full story — the link below goes straight to it.

Read the original at economictimes.indiatimes.com →

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Korean Air Jet Returns After Engine Warning

Replacement Aircraft Departs for Da Nang Nearly Six Hours Late A Korean Air passenger plane bound for Da Nang, Vietnam, carrying 146 passengers made an emergency return to Busan shortly after takeoff…

  • Korean Air flight KE2093 returned to Busan due to engine warning.
  • 146 passengers delayed by six hours after unexpected turn back.
  • Korean Air compensated passengers and improved inspection system.

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