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Reliance ropes in Morgan Stanley, Goldman Sachs for Jio IPO

Mumbai, Jan 20 (UNI) Mukesh Ambani-led Reliance has roped in Morgan Stanley and Goldman Sachs for the IPO of Jio Platforms even as it awaits a final government notification on revised IPO norms before it files its draft red herring prospectus (DRHP) for the IPO, according to company officials.
Jio Platforms, which is the parent company of Reliance Jio, has been valued around Rs 15 lakh crore and offloading just 2.5% of the company is expected to raise about
4.5 billion or Rs 37,000 crore in the next few months in the first half of 2026.
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Three arrested in Palava area, drugs valued at ₹ 2 15 crore seized

15 Feb 2026 | 12:26 AM

Mumbai, Feb 14 (UNI) Police in Dombivli have seized narcotic substances valued at Rs 2.15 crore and arrested three persons, including a Nigerian national, during a night patrol operation in the Palava locality of Maharashtra.

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OpenUK champions AI sovereignty through Open Source at India AI Impact Summit 2026

14 Feb 2026 | 10:58 PM

Mumbai, Feb 14 ( UNI) As India convenes over 60 ministers and heads of state for the Global AI Impact Summit in New Delhi (Feb 16–20), OpenUK, the UK’s leading organisation for Open Technology, alongside its international sister initiative OpenHQ, has underscored the critical role of open source and AI openness in shaping the future of global AI governance.

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BMC targets major tax defaulters owing ₹1,500 crore, Seizure notices served to 48 entities

14 Feb 2026 | 10:33 PM

Mumbai, Feb 14 (UNI) The Brihanmumbai Municipal Corporation has intensified its action against large property tax defaulters, issuing seizure notices to 48 major entities within a week over outstanding dues amounting to Rs 1,500 crore. On Saturday, the civic body released a fresh list naming the 20 biggest defaulters, which include prominent real estate developers, mills and other establishments that have collectively failed to clear substantial arrears.

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Special POCSO court orders temporary release of car belonging to dance teacher facing trial in minor harassment case

14 Feb 2026 | 10:28 PM

Thane, Feb 14 (UNI) A Special Court under the Protection of Children from Sexual Offences Act in Thane has ordered the temporary return of a seized red Hyundai Verna car to dance teacher Dinesh Vivek Ghag, who is currently facing trial for allegedly following and gesturing to a 14-year-old girl. The order was passed on Saturday, after the court examined the plea filed by the accused seeking interim custody of the vehicle.

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No rift in Shiv Sena (Thackeray)–MNS alliance, says Sanjay Raut

14 Feb 2026 | 10:20 PM

Mumbai, Feb 14 (UNI) Senior leader of the Shiv Sena (Thackeray faction), Sanjay Raut, has asserted that the alliance between Shiv Sena chief Uddhav Thackeray and Maharashtra Navnirman Sena (MNS) president Raj Thackeray remains strong and unshaken. He stated that no amount of speculation or behind-the-scenes discussions could create a rift between the two parties.

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