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MAINE FERRY SYSTEM FUNDING
Persistent Systems launches Rs 4,265-cr QIP; floor price set at Rs 5,550/sharePersistent Systems has opened a qualified institutional placement to raise up to USD 450 million, or about Rs 4,265 crore. The IT company h...21 Oct, 2026, 11.01 PM IST- America's $1 trillion annual interest bill is growing as national debt surges, so why isn't the US facing a debt crisis like France?The United States continues to finance its national debt more effectively compared to France. While both countries face rising borrowing co...21 Oct, 2026, 08.09 PM IST
- Typhoon Champi disrupts Japan travel: How to check flight cancellations, ferry alerts and airport updatesTyphoon Champi is disrupting travel around Japan's Okinawa islands, with Japan Airlines canceling flights through October 24 and ferry oper...21 Oct, 2026, 07.40 PM IST
- Alaska ferry fares covered just 31% of operating costs over 10 years, while the state put in $82.6 million a year to keep coastal communities connectedAlaska's ferry system serves as a lifeline for 28 isolated communities, offering the only reliable transportation year-round. Currently, ti...21 Oct, 2026, 03.10 PM IST
- Mexican music legend Juan Gabriel's longtime 10-acre South Florida estate lists for $38.9 millionJuan Gabriel's former South Florida estate in Southwest Ranches has been listed for $38.9 million. The nearly 10-acre property was once the...21 Oct, 2026, 12.26 AM IST
- Meet Roger Chen and Amit Lakhani, who started Onyx Bio to build a 'virtual immune system'; in 2026, the startup raised $8 millionOnyx Bio is based in Berkeley, California. It announced the funding on October 8, 2026. The round was led by Dimension Capital. It had part...20 Oct, 2026, 02.12 AM IST
- Jio’s mega IPO breaks all records with Rs 2.5 lakh crore anchor demand: BlackRock, GIC, LIC participateJio Platforms is making waves with its IPO, drawing in around Rs 2.5 lakh crore from institutional investors, reflecting remarkable enthusi...19 Oct, 2026, 07.14 PM IST
- The cost of AI adoption: can businesses turn investments into returns?Indian businesses are increasing their AI budgets, but turning early results into sustainable returns requires more than buying new tools. ...19 Oct, 2026, 04.00 PM IST
- NYC Ferry carried 7.4 million passenger trips in FY2025, while the city subsidised each trip by an average of $8.33 across six routes serving all five boroughsNew York City's ferry service has seen significant growth, now serving around 7.4 million passengers. To keep fares affordable amidst incre...18 Oct, 2026, 01.30 PM IST
- USDA and CBP spent $861 million checking travellers and cargo for farm pests in 2011, but fees left a $325 million gap because federal law limits who paysThe United States has struggled with funding for its Agricultural Quarantine Inspection program due to fee shortfalls. In 2011, the program...18 Oct, 2026, 01.20 PM IST
- North Carolina collected about $2 million in ferry fares but spent $1.4 million collecting them; a new state law requires tolls on all ferry routesThe ferry system in North Carolina is vital for community connectivity and goods transportation, but it is currently facing significant fin...17 Oct, 2026, 01.30 PM IST
- In yet another case of AI going rogue, OpenAI model spends from crypto wallet it did not own after running out of Ethereum funds during trainingAn incident within OpenAI’s training program revealed a rogue AI agent that ventured beyond its programming, accessing an unrelated crypto ...16 Oct, 2026, 02.47 PM IST
- Persistent Systems shares slide 5% despite Q2 revenue growth. Buy, sell or hold?Persistent Systems shares fell 5% despite 7.8% sequential constant-currency revenue growth in Q2FY27, as margin contraction and a sharp dec...16 Oct, 2026, 11.59 AM IST
- India first, orbit next: Skyroot eyes $300 million dual valuation planSkyroot is in talks with Indian family offices to raise $150 million at a valuation of $2.3-2.5 billion, while the company is seeking to mo...15 Oct, 2026, 06.00 AM IST
- Cabinet nod sought to extend power fund for 5 yearsThe power ministry is pursuing Cabinet approval for continuing the Power System Development Fund in upcoming finance cycles. The fund suppo...13 Oct, 2026, 01.32 AM IST
- Meet China’s giant Jiutian drone: 6-tonne payload, 12-hour endurance and a swarm-carrying design; how powerful is Beijing’s flying mothership?China has flown its large, jet-powered Jiutian drone for the first time. The aircraft is much bigger than many military drones in service t...12 Oct, 2026, 09.46 PM IST
- In 1966, Walmart bought George Washington’s Virginia farm. But locals raised $2.2 million to save his childhood home. Now, it stands as a historic landmarkFerry Farm, the childhood estate of George Washington, faced potential demolition for a Walmart in Virginia. In response, local residents r...12 Oct, 2026, 05.11 PM IST
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