Paytm, Indian fintech giant backed by SoftBank and Alibaba, toppled by over 20% after making a debut trading on local exchanges on Thursday.
The firm, initially raised $2.5 billion in India’s largest initial public offering and is valued at about $14.9 billion, compared to $20 billion valuation the firm was aiming for.
The shares of One97 Communications, the holding firm of Paytm, traded for 1,591 Indian rupees ($21.4), down from the offer price of 2,150 Indian rupees.
PayTm’s IPO is the latest in a series of listings by Indian startups as many start to explore the public markets following years of growth. Other startups like food delivery service provider Zomato, online insurance aggregator Policybazaar, and fashion commerce Nykaa made stellar debut in the public market this year.
Industry executives meanwhile say that day one performance of shares is not the best measure to assess the success of Paytm, which offers a range of services including peer-to-peer payments and a digital bank.
Taking the bull by the horns, for two decades. Many congratulations @vijayshekhar ! You are an inspiration for the entire country, and a flag bearer of New India’s capitalism! 👏 🙌 🇮🇳 pic.twitter.com/ZVFS9b1pVk
Preity Zinta and husband Gene Goodenough became proud parents to twins choosing the surrogacy way.
Preity also revealed the name of two kids — Jai Zinta Goodenough and Gia Zinta Goodenough.
She took to Instagram and said, “Hi everyone, I wanted to share our amazing news with all of you today. Gene & I are overjoyed & our hearts are filled with so much gratitude & with so much love as we welcome our twins Jai Zinta Goodenough & Gia Zinta Goodenough into our family. We are very excited about this new phase in our lives.”
Jaipur Literature Festival will be back at its cherished home – Jaipur – in a hybrid avatar with both its on-ground magnificence as well as its nifty virtual presence. The hybrid version will enable a larger audience to access the Festival offerings, reaching out to book-lovers across continents. There has never been a more powerful feast of literature, discourse & camaraderie than this Festival. Today Teamwork Arts, the Festival producer, announced the dates for its landmark 15th edition, setting them between 28th January – 6
JLF 2022 Dates
The on-ground Festival will run from 28th January to 1st February 2022. The virtual edition of Jaipur Literature Festival 2022 is scheduled from 28th January to 6th February 2022
Volunteer Programme: The Jaipur Literature Festival runs a successful Volunteer programme that forms the backbone of its operations while offering young enthusiasts an unmatched enriching experience, enabling them to see first-hand what goes into making and managing a festival of this scale. A 250-strong ‘army’ of dedicated volunteers work across the Festival’s 25 departments. Volunteer registrations are open till December 5, 2021
JLF 2022: Registration and Delegate Packages
Online registration for the Festival is mandatory and attendees can register via the Festival website. Visitors can also buy Delegate Packages to experience the Festival’s magic, while mingling with authors, interacting with industry players, relaxing in the Delegate Lounge, and enjoying the Jaipur Music Stage and Heritage Evening.
King defines itself as a virtual reality platform powered by the Binance Blockchain.
KING wallet
The transaction fee of king wallet will be very less and will be launched in the market with many more features and it will also have the features of staking and the player playing king game will have to use it the most because players take the withdraw of the game on this wallet. Will be able King wallet will also be available in play store as soon as the security is passed.
KING Meta NFT
In this virtual world users purchase homes and cars that they can later navigate, build upon and monetize.
KING GAME
The king platforms main mission is to introduce blockchain technology in mainstream gaming successfully, The platform focuses on facilitating a creative “Play to Earn ” Model, which allows users to be both creators and gamers simultaneously.
Janardhan Singh Gehlot popularly recognised as the ‘Father of Kabaddi’ was the founder president of the International Kabaddi Federation. Gehlot was the president of Amateur Kabaddi Federation of India (AKFI) for 28 years and in May 2013, he became the life president of AKFI. He was born on October 5 , 1944 in Jaipur Rajasthan and passed away on 28th April 2021 at the age of 77 years due to a prolonged illness.
Adding more to his contributions ,Gehlot was the President of the Rajasthan Olympic Association. He was a member of the Indian National Congress before leaving in 2008 and joining the Bharatiya Janata Party and later rejoined Congress in 2019.
Starting his political journey, he forayed in politics as a member of Congress and became MLA from Karauli thrice and once from Jaipur as well. He also served under Congress as the Minister of Food Supply and it is said that he had a very close relationship with Sanjay Gandhi. Later, in 2008, he decided to leave Congress and joined the BJP, here he was elected as the chairman of the Rajasthan warehousing corporation. But before the last Lok Sabha elections in 2019, he rejoined Congress.
Gehlot had played a very crucial role in sports sector by making Kabaddi an internationally recognized sport. Not just kabaddi but outside sports world he was greatly inclined towards politics as well.
Looking at his journey of making kabaddi so big as we know it today, it was all started in 1984 in Los Angeles Olympics which eventually became the first international platform where Gehlot got a golden chance to promote Kabaddi. He grabbed the opportunity and actively got involved with representatives of many participating countries and spoke to them about the sport of Kabaddi.
Later in 1988 Seoul Olympics, Gehlot continued his dedication to promote Kabaddi and in 1990, he fully focused on Beijing Asian Games with the target of getting Kabaddi in Asian Games. But this was not a easy task as China was not a Kabaddi playing nation but somehow, he passed this challenge successfully and for the first time, China played Kabaddi in the Beijing Asian Games and finally the Indian sport of Kabaddi was included in Asian Games.
Gehlot opend the door for Kabbadi in International arena and it started progressing as Kabaddi started to get popular in neighboring countries of Indian. After that he faced several hurdles in his way of making Kabaddi a world known sport. His biggest contributions to the sport has been the change of rules and giving a new fresh face to kabaddi which increased the pace and interest of Kabaddi as a sport.
Gehlot was also the one to launch Women’s Kabaddi by organizing Asian Women’s Kabaddi Tournament in Hyderabad.
Dedicating a big part of his life to Indian sports, India will always remain grateful for his major contributions, from visualizing kabaddi becoming an internationally recognized sport to making this envision possible. He is ultimately one person who has given birth to modern kabaddi that the whole world enjoys today.
Aipan painting is a traditional style of Rangoli from Uttarakhand which originated in Kumaon region. Recently, a workshop was organised in Jaipur on this art. EBNW Story reports…
Aipan painting workshop (one of the traditional styles of Rangoli Art), was organized online with the help of Rajasthan studio on Monday. Richa Kushwaha, a young artist from Bhopal conducted this free workshop organized for India’s artist community ‘The Circle’. The workshop was organized under the banner of Azadi Ka Amrit Mahotsav – Celebrating India @ 75.
According to Richa Kushwaha, Aipan painting art is related to social, cultural and religious importance. It is most prevalent in the state of Uttarakhand. It is a decorative art form used to decorate the place of worship and the entrance of the house. In the workshop, artists and art-lovers were taught to make Goddess Laxmi based on Aipan art.
Sri Lanka will conduct a detailed scientific research into its aviation past to find out if the King Ravana was the world’s first seasoned aviator and whether there were aircraft and airports during those days in Lanka.
Two years back, many historians, archaeologists, scientists and geologists gathered together in Colombo in a conference to give a push to the idea which concluded that Ravana first flew his aircraft from Sri Lanka to India and back.
Soon after the conference, the then Sri Lankan government sanctioned an initial grant of 5 million Sri Lankan Rupee (SLR) to start the research.
Shashi Danatunge, former vice chairman of the Sri Lankan Civil Aviation Authority told media that he was convinced that Ravana is not a mythological figure.
“He was a real king and had aircraft and airports. Ancient Sri Lankans and Indians had access to superior technologies and we should conduct an objective research into it,” Danatugne said adding that he has requested the Government of India to join the project believing it to be an important research for two nations to assert their ancient achievements.
Tulsi Vivah 2021: It is believed that on the day of Devuthani Ekadashi, Shaligram married to Goddess Tulsi in the form of Lord Vishnu. So let’s see its rituals, legends and significance …
Tulsi plant is considered very sacred in Hinduism. It is believed that Lord Vishnu resides in the form of Shaligram near the roots of Tulsi.
Also, there is a strong believe that the house with a Tulsi plant removes negativity and ushers in happiness.
Ekadashi day of Kartik month is called Devotthan Ekadashi. It is believed that on the day of Devuthani Ekadashi, there is a tradition of Shaligram being married to Goddess Tulsi in the form of Lord Vishnu.
So on this Ekadashi, Tulsi Vivah is solemnised.
In the evening, a lamp should be lit in front of Tulsi. Married women worshipping Tulsi Mata on this day get a happy life. During Tulsi marriage, the aarti of Lord Shaligram and Mother Tulsi must be recited. By doing this, Mother Tulsi gives freedom from diseases and defects and Lord Shaligram fulfills all the wishes.
Wanna see how this festival is celebrated in Hindu houses? Here comes the video…
Tribal Pride Day will be celebrated on November 15, 2021 to commemorate the birth anniversary of Birsa Munda. The day is dedicated to the memory of tribal freedom fighters.
Tribal Pride Day celebration
Tribal Pride Day will be celebrated on November 15 each year. The Union cabinet chaired by PM Narendra Modi on Wednesday approved a proposal to declare November 15, the birth anniversary of Birsa Munda, as Janjatiya Gaurav Divas (Tribal Pride Day) dedicated to the memory of tribal freedom fighters.
Munda fought against colonial system and spearheaded a movement against British oppression. He called for ulgulan (revolution).
Information and Broadcasting Minister Anurag Thakur made the announcement and announced about the celebration of Munda’s birth anniversary as Tribal Pride Day.
Tribal Pride Day History
November 15 is the birth anniversary of Birsa Munda, a great freedom fighter and social reformer, who fought against the British.
To acknowledge these tribes and contributions made by them and to make future generations aware of their sacrifices for the country, it was decided to celebrate November 15 as Janjatiya Gaurav Divas has been taken.
The tribes have made immense contributions to the freedom struggle of the country.
Falguni Nayar, the founder and CEO of the beauty and lifestyle retail company Nykaa, is basking under fame since Wednesday after the share price of her business Nykaa almost doubled upon listing making her one of the richest female entrepreneurs in India.
Let’s take a small walk through Nayar’s inspirational journey which created the beauty Industry in India…
Falguni Nayar is an Indian businesswoman and billionaire who is the founder and CEO of the beauty and lifestyle retail company Nykaa. Nayar was born and raised in Mumbai, Maharashtra in a Gujarati family. She completed her graduation from Syndeham College of Commerce and Economics and post-graduation from the Indian Institute of Management Ahmedabad.
Nayar started working in 1985 in a management consulting company A F Ferguson & Co. Later in 1933, she joined Kotak Mahindra Group for 19 years. At the age of 50, in April 2012, Nayar decided to put a step as an entrepreneur and founded Nykaa by investing her own money. In 2012, when Nykaa was started, it used to take only 60 daily orders. Nayar started Nykaa with $2 million in 2012 and as of 2021 Nykaa is worth $2.3 billion.
“I started Nykaa at the age of 50 with no experience. I hope the Nykaa journey can inspire each of you to be the Nykaa (heroine) of your lives,” Nayar said in an interview with Money Control.
On November 10 2021, the first day of trading this Wednesday, FSN E-commerce ventures Ltd, the parent company of Nykaa, raised $720 million in its IPO and saw shares rise 96 per cent taking Nayar in the ring of world’s richest.
Nayar has now become one of the 2 self-made female Indian billionaires and India’s seventh women Billionaire with a Net worth estimated $1.1 billion. Nayar now comes among India’s top 20 richest people as she owns about half of the company and her stake is now worth over 6.5 billion, making her one of the richest female entrepreneurs in India.
In an interview with Money Control, Nayar shared about her journey and some advice for the coming entrepreneur of India. Starting a business at the age of 50 and taking it to a accomplishing heights, Nayar has proved that age is no barrier and its just a limitation you put on your mind.
Nayar shared her take on social media and stated why she is not active on her social media platforms , she said in the interview, “I think being active on social media requires a huge amount of time and effort. And I am someone who spends my time a little differently. Numbers really motivate me and if I am sitting in front of a spreadsheet, I spend a lot of time on it. I believe in social media, it is just that I can’t keep up with it,”
Nayar shared her thoughts about how is it to start such a journey at the age of 50, she said “I feel women put constraints in their minds which are not so necessary. Today, many women are managing their businesses cum young children. I don’t think there is one playbook. I did it when I did it, and I am glad that I at least tried it when I tried it.”
Nayar talked about why she didn’t started her business before she turned 50 and said, “Any entrepreneurship needs a lot of passion, hard work, conviction, and time. When I started, if I thought I would be here in three years or five years, it wouldn’t happen. It needs long innings. Somehow, I was very clear that I would need 10 years plus”.
Nayar already has it all as India’s top investment banker at Kotak but still she followed her dream , this is how things work we need to get out of our comfort zone to take risks for making our dreams come true one day. She is an inspiration for many women out there, Nayar offered a piece of advice too and said that women need to allow the spotlight of their lives to be on themselves and she hopes that more women like her will dare to dream for themselves.
