Related News

Watch: NASA astronaut shares viral 60x speed time-lapse capturing Earth’s lightning, oceans, sunsets, and moon |

Seeing the Earth from space never gets old. NASA astronaut Zena Cardman recently shared a breathtaking time-lapse video that seems to capture the planet in all its glory. Filmed during

Moon mission delayed again as NASA faces fresh Artemis II technical trouble |

Moon mission delayed again as NASA faces fresh Artemis II technical trouble (Image Source – NASA) NASA is working through a technical issue affecting the Artemis II rocket at Kennedy

Nasa flags possible Artemis II mission delay after rocket helium flow anomaly |

Nasa’s Artemis II mission, which recently completed a wet dress rehearsal and was targeting an early March launch window, may now face delays after engineers detected an interruption in helium

OpenAI resets spend expectations, targets around $600 billion by 2030

Sam Altman, CEO of OpenAI, is pictured on Sept. 25, 2025, in Berlin. Florian Gaertner | Photothek | Getty Images OpenAI is telling investors that it’s now targeting roughly $600

RingCentral (RING) and Five9 (FIVN) rally as AI fears settle

Pavlo Gonchar | Lightrocket | Getty Images Shares of RingCentral and Five9 surged on Friday after earnings from both software firms alleviated recent fears that artificial intelligence is eating away

Back to the Moon: Nasa eyes March 6 for historic Artemis II crewed flyby

Nasa on Friday set March 6 as the earliest possible launch date for Artemis II, the first crewed mission to fly around the Moon in more than five decades.Senior Nasa

Sebi plans easier IPO norms for big firms

Word Count: 676 | Estimated Reading Time: 4 minutes

MUMBAI : The markets regulator is seeking to make it easier for India’s largest firms to go public. Sebi has proposed easing minimum public offer (MPO) norms and extending timelines for meeting minimum public shareholding (MPS) requirements. The proposals have been submitted to the govt for amending the Securities Contracts (Regulations) Rules.Currently, firms with a post-issue market value above Rs 1 lakh crore must sell at least 10% of equity. Sebi wants to replace this single threshold with a three-tier system. Companies valued between Rs 50,000 crore and Rs 1 lakh crore would need to float at least 8% of shares, with a floor of Rs 1,000 crore. Those between Rs 1 lakh crore and Rs 5 lakh crore would dilute 2.75%, or at least Rs 6,250 crore. For the very largest, worth over Rs 5 lakh crore, the minimum would drop to 2.5%, or Rs 15,000 crore.The regulator also wants to provide more time to reach the 25% MPS threshold. Firms in the Rs 50,000–1,00,000 crore range would get five years instead of three.Those above Rs 1 lakh crore would have tiered timelines: up to ten years if they list with less than 15% public shareholding, and five years if they start above that level. Sebi has suggested that the extended timelines should also apply to listed firms yet to achieve 25% public shareholding, whether still within their permitted period or already non-compliant.Sebi’s rationale is that large flotations are difficult to absorb in one go. Forcing companies to sell too much too quickly risks depressing valuations. The regulator noted that IPO sizes are rising but that recent mega-listings, including Life Insurance Corporation of India and Hyundai Motor India, show that smaller floats still provide adequate liquidity.Both issuers have shareholder bases and trading turnover similar to Nifty 100 firms.In a shift from earlier proposals, Sebi has decided to retain the 35% retail quota for all IPOs, including jumbo issues. It argued that lowering the MPO requirements would make large public issues more manageable, removing the need to reduce the retail share portion.

Source link