Lucknow, December 6 (IANS). Leaders from across the country pay tribute to Dr. Bhimrao Ambedkar on his death anniversary Mahaparinirvan Diwas. Meanwhile, Samajwadi Party National President and former Uttar Pradesh Chief Minister Akhilesh Yadav spoke about protecting the Indian Constitution. Akhilesh Yadav posted on the social media platform ‘X’ and said that those who want to weaken the Constitution actually want to destroy democracy and bring autocracy. He wrote: “The slogan of the country should be – Jai Jawan, Jai Kisan, Jai Constitution. There should be no side or opposition regarding the Constitution. Everyone should be on one side, with one voice.” He described the debate on the Constitution that is going on in the Parliament as the most tragic thing for democracy and said that there is talk of saving the Constitution, while it should be discussed to take the country forward according to the Constitution. The SP chief described the Constitution as ‘the script of democracy’ and ‘sanjeevani’. He warned that the crisis over the Constitution is actually a crisis over democracy. “Those who want to weaken the Constitution, want to weaken democracy and the opponents of democracy are those who want to bring autocracy.” Akhilesh said in clear words that those who want to kill rights are those who are trying to deny the Constitution. Linking his PDA (Backward, Dalit, Minority) strategy to the Constitution, Akhilesh said: “The Constitution is the lighthouse of the PDA. The Constitution itself ensures the dignity and respect of the individual. This PDA protects the society from exploitation and oppression and punishes the exploiters. For us, the Constitution is the last hope, if there is a protective shield, there is a shield. A Constitution, there is power.” He described the Constitution as the greatest helper of the 90 percent who were exploited and deprived and said that for the PDA people, protecting the Constitution is a matter of life and death. In the end, Akhilesh made an emotional appeal: “If the Constitution is saved, justice will be saved. If justice is saved, everyone will get equal respect and equal opportunities. Discrimination will end, the feeling of discrimination will end. Therefore, another do-or-die movement is needed today to save the Constitution.” –IANS SCH Share this story Tags

The atmosphere heated up outside the SDM office of Gudamala in Rajasthan’s Barmer district on Friday when a heated argument broke out between BJP Panchayat Samiti chief Bijlaram Chauhan and SDM Keshav Kumar Meena. The fight was over the 11-point demands of the farmers, which included crop insurance demands, power cuts, shortage of Narmada water and menace of wild boars in the fields. “You only give me sweets…” Hundreds of farmers protested under the banner of Kisan Sangharsh Samiti. Pradhan, who came to submit the memorandum, taunted the SDM and said, “You are only giving me sweets and lollipops. I have sent many letters but not a single letter has received a reply.” SD’s counterattack: “Thanks!” The SDM replied, “You’re the boss, if you can’t speak your mind, why don’t you resign? I don’t have a magic wand to take you to the moon.” This made matters worse. “Only smart people and agents sit on the committee.” In another scathing attack, the minister said, “Only smart people and agents sit in the Panchayat Committee, nobody listens.” “It is your job to stop the torture of pigs.” The SDM replied coldly, “It’s your job to stop atrocities on pigs, isn’t it?” “You must write a letter…” The minister became angry after hearing this. He said, “You will also stop the atrocities on pigs. Just write a letter.” When the debate became heated, the farmers tried to calm down the SDM and the minister. Farmers’ ultimatum: Farmers have warned that this is their last memorandum. If the problems are not solved within three days, there will be a big movement. After much debate, the SDM promised to act and the farmers ended the protest. The temple of democracy has been transformed into an arena. Such open drama was rarely seen in the Panchayat Bhawan. Now everyone’s eyes are on whether a solution will be found in three days or whether the anger of the farmers will erupt on the streets of Gudamalani. Share this story Tags

IPO GMP: After an action-packed week in the primary market – with three mainboard IPOs, Meesho IPO, Vidya Wires IPO, and Aequs IPO, all opening and closing for subscription – investors’ attention is now shifting to the next wave of public issues. Four main board IPOs—Wakefit Innovations, Corona Remedies, Park Medi World and Nephrocare Health Services—are expected to open in the coming week, with two issues launching on Monday, December 8. Wakefit Innovations and Corona Remedies will open for bids on December 8 and close on December 10. Wakefit Innovations IPO price band has been fixed at ₹185 per share, ₹185 per share. Remedies fixed its band at ₹1008 to ₹1062 per share. IPO GMP trends ahead of listing Gray market sentiment is strong for Corona Remedies, while Wakefit Innovations shows moderate enthusiasm by comparison. Corona IPO shares currently carry a significant gray market premium (GMP) of ₹365, implying a likely listing price of ₹1,427—a 34.37% premium over the upper issue price of ₹1,062. Wakefit IPO shares are trading at a GMP of ₹36, implying a potential listing price of around ₹231, representing an 18.5% premium over the issue price of ₹195. Wakefit Innovations IPO: Key details Home and furniture brand Wakefit Innovations Ltd aims to raise ₹1,288.89 crore, comprising fresh equity issue of ₹377.18 crore and an offer for sale (OFS) of ₹911.71 crore. The price band is fixed at ₹185 to ₹195. The lot size for retail investors is 76 shares, which requires a minimum investment of ₹14,820 at the top end. The IPO allotment is expected to be finalized on December 11, 2025, and the stock will list on both BSE and NSE tentatively on December 15, 2025. Axis Capital Ltd. is the lead manager of the book, while MUFG Intime India Pvt. Ltd. is the registrar. Wakefit plans to use the proceeds to open 117 new COCO stores, acquire equipment and machinery, and enhance marketing and advertising efforts. Funds will also be allocated for rent and license fee payments for existing COCO stores and for general corporate purposes. Founded as a mattress retailer, Wakefit has expanded into furniture and home furnishings and evolved into a complete home solutions brand. In less than a decade, it claims to be the fastest home-grown organized player to cross ₹ 1,000 crore in total revenue. Competitors include Lifestyle International, Godrej & Boyce, Sheela Foam, IKEA India, D’Décor, Duroflex and Royaloak. View full image timeline of the upcoming Wakefit IPO. (Created with AI) Corona Remedies IPO: Key Details Corona Remedies IPO is a ₹655.37 crore book-build issue, consisting entirely of an OFS of 0.62 crore shares valued at ₹655.37 crore. Promoters and investors participating in the OVS include Kirtikumar Laxmidas Mehta, Minaxi Kirtikumar Mehta, Dipabahen Niravkumar Mehta, Brinda Ankur Mehta, Sepia Investments Limited, Anchor Partners and Sage Investment Trust. Since the IPO is 100% OVS, the company will not receive any proceeds, and all funds will go to selling shareholders. The IPO price band is ₹1008 to ₹1062, and the lot size is 14 shares, requiring a minimum retail investment of ₹14,868. Award is likely on December 11, 2025, and listing is expected on December 15, 2025, on both BSE and NSE, same as Wakefit IPO. JM Financial Ltd. is the general manager of books, and Bigshare Services Pvt. Ltd. is the registrar. Corona Remedies is a Gujarat-based pharmaceutical company with a portfolio focused on women’s healthcare, cardio-diabetes, pain management, urology and other therapeutic areas. It operates two manufacturing facilities in Gujarat and Himachal Pradesh. View Full Image Corona Remedies IPO Timeline (Created with AI)

Maharashtra saw the closure of more than 25,000 schools on Friday as teachers’ organizations launched nationwide protests over numerous demands, including objection to the mandatory Teachers’ Eligibility Test (TET) and the new Sanch Manyata rules that oversee the approval and recruitment of teachers, according to Hindustan Times. Several unions held rallies in major cities, although the impact in Mumbai was limited, with only nine schools in the Mumbai division being closed. According to data released by the education department, around 13,216 teachers across the state were absent without permission, including 767 from the Mumbai division. Shikshak Bharati, led by Subhash More and former MLC Kapil Patil, staged a protest outside the deputy director’s office at Charni Road in the city. Meanwhile, Shikshak Sena organized a protest at Chembur, led by MLC JM Abhyankar and the organisation’s working president Jalindar Sarode. Sanch Manyata Rules On March 15, 2024, the state school education department issued a government resolution (GR) outlining the Sanch Manyata policy, which introduced group recognition for schools and banned the assignment of teachers to schools with less than 20 students, the report said. Teachers’ and non-teaching staff unions have expressed concern that the implementation of the new Sanch Manyata policy, which will be completed on December 5, could lead to thousands of teachers losing their jobs and closing hundreds of aided schools. According to local reports, the new teacher appointment policy could lead to the closure of nearly 18,000 schools and leave 20,000 to 25,000 teachers and administrative staff unemployed. The organizations described the policy as “disruptive and harmful” and warned that it posed a serious threat to the future of state-supported education, especially in rural and hilly areas. Union leaders argued that the policy, by restricting subject teachers for students in Classes 9 and 10, would negatively affect children, especially in disadvantaged areas. Shamshuddin Attar, transporter of the Sindhudurg Principals’ Association informed HT, “The move will force many children to travel 10-15 kilometers every day. We are against the move and have decided to challenge it in the Supreme Court.” Attar stated that while the Supreme Court has made it clear that no teacher will directly lose their job due to the Sanch Manyata policy, students will in fact suffer, especially in hilly and remote villages where schools are already struggling. Meanwhile, Vijay Kombe, president of the Maharashtra Rajya Prathamik Shikshak Samiti was quoted by HT as saying, “The rule is unfair and the mandatory TET for teachers nearing retirement is another major concern.” Tanaji Kambale, president of the Maharashtra Progressive Teachers Union in Jogeshwari, added that mandatory exams are unnecessary as experienced teachers already have a proven track record.

Pilots’ body Airlines’ Pilots Association (ALPA) India on Friday “strongly” objected to safety regulator DGCA’s “selective and unsafe” relief to domestic carrier IndiGo amid large-scale cancellations, saying the decision sets a dangerous precedent. Earlier in the day, the Directorate General of Civil Aviation (DGCA) granted IndiGo temporary exemption from stricter night duty rules for pilots. In a letter to the DGCA on Friday, ALPA India said the decision not only sets a “dangerous precedent” but also undermines the principle and purpose of the civil aviation requirement under which the norms were formulated. It also said that on the pretext of inconvenience to passengers, IndiGo is seeking relief despite the fact that they have consciously increased their winter operations while being fully aware of the implementation of the second phase of the pilots’ flight duty and rest norms. ALPA India on Wednesday claimed that this (IndiGo cancels large number of flights) situation indicates a “failure of proactive resource planning by dominant airlines, possibly exacerbated by an attempt to pressure the regulator to dilute the new FDTL norms for commercial gain”. And on Thursday, the DGCA said in a statement that it had directed the airline to submit the flight duty time limitation (FDTL) relaxations needed to normalize flight operations, after the airline informed the regulator that it “faces significant transition challenges in timetable planning and crew availability under phase-2 FDTL requirement”. IndiGo was the first carrier to oppose the new FDTL norms for pilots when it was introduced in January 2024 with March 2024 as the timeline for implementation. The latest FDTL norms, which involve extended weekly rest periods up to 48 hours, extended night hours and limiting the number of night landings to just two, as against six earlier, were also initially opposed by domestic airlines, including Air India owned by IndiGo and Tata Group. But they were later implemented by the DGCA as per the directives of the Delhi High Court, albeit with a delay of more than one year, in a phased manner, and with certain variations for airlines like IndiGo and Air India. While the first phase of these FDTL norms came into effect in July, the second phase, which earlier reduced the number of night landings from six to two, was implemented from November 1. “By granting selective exemptions to IndiGo, the DGCA has opened the door for all other operators to advance their own operational, commercial or scheduling reasons to demand similar exemptions, ALPA India said in its statement on Friday. “It also said that if dispensations can be granted based on each operator’s requirements, the relevance, authority and intent of the FDTL CAR is completely defeated.” ALPA India said that the decision was taken despite repeated representations, formal letters and direct discussions with the DGCA office, ALPA India said: “During our meeting on November 24, it was unequivocally agreed that no waiver, exemption or variation, especially those motivated by commercial interests, would be granted to any operator.” expose risks. Yet, in complete contradiction to this understanding, your office has extended selective dispensation to IndiGo for Phase II implementation, allowing them to operate outside the safety envelope prescribed by the CAR.” Interestingly, at the time of the implementation of these regulations, then Civil Aviation Minister Jyotiraditya Scindia said “these changes – which are very much in line with international best practices -” will ensure that India has the necessary arsenal as it prepares to take on the clinching the largest domestic aviation market title in the future.” a transitional relaxation to assist operators. Despite this built-in relief, your office has granted further selective dispensations exclusively to IndiGo, creating a situation where an operator already benefiting from relaxed provisions gets added layers of relaxation, without any safety justification. Such a precedent is not only indefensible, but also dangerous,” the pilots’ body said.

Kim Kardashian, the co-founder of SKIMS, dropped a teaser for her debut at MasterClass, where she swears by “Ten Kimmandments” derived from building the American shapewear and apparel brand into a billion-dollar brand. In a latest teaser for the show, Kim emphasized turning underestimation into opportunity – “People have been underestimating me my whole life. And that’s the greatest gift I’ve ever received.” “Because when you’re underestimated, you have the element of surprise on your side. Whether it’s building a billion-dollar company or building a billion-dollar brand, the playbook is the same,” Kim said. In the promotion for the entrepreneur and media mogul’s course, Kim also talked about social media brands and how to navigate media scrutiny. She shared her “no-a**h**e policy” for partnerships, revealing her self-doubt as a motivator for relentless execution. “I’m sharing the ten ‘Kimmandments’ I’ve lived by – From turning social media into a superpower, to my strict no-hole policy for any partnership,” she said. “I also share the self-doubt that drives me to perform relentlessly. Because if I can do it, you can do it,” Kim added. In the caption, Kim Kardashian said: “Everybody sees the headlines. What they don’t see is the work.” “On @MasterClass I share my business rules, how I built brands, made pivots and stayed in control of my story. These are my Ten Kimmandments.” ‘Ten Kimmandments’ According to the Hollywood Reporter, MasterClass is a stacked series of virtual instructors, each a leading authority in their respective field. In this course, led by Kim Kardashian, she will “learn strategies to control the narrative, turn followers into customers and create success on your terms.” Here are “The Ten Kimmandments,” or Kim’s 10 essential rules for building a brand that people can’t stop talking about: Kimmandment 1: You Are The Product. Kim amendment 2: They prove it. You perfect it. Kimmandment 3: Define yourself before others do Kimmandment 4: Don’t follow the feed. Be the feed. Kim Amendment 5: Turn failure into strategy. Kimmandment 6: Your customer is your co-founder Kimmandment 7: Culture determines the time. Kim Amendment 8: Know your worth. Then add taxes. Kimmandment 9: Empires are built before dawn. Amendment 10: Because I Said So. “My biggest business lessons have come from experience — good, bad and everything in between,” The Hollywood Reporter quoted Kim as saying. “In this class, I share the tools and mindset that helped me build my path. I hope anyone who joins feels empowered to dream big, trust their power and go after what they want,” she added.

Michael Annett (39) has passed away. The famous American racer has competed in all three major NASCAR series. No information has yet been released about the cause of his death. He retired in 2021. Annett raced full-time in the NASCAR Cup Series from 2014 to 2016. He made 106 races and finished as high as 13th in the 2015 Daytona 500. In the NASCAR Xfinity Series, he ran 321 races and spent between 20218 and JR seasons. His only NASCAR victory came at Daytona in 2019 with Dale Earnhardt Jr. ‘s team. His best championship finish was a fifth-place finish in 2012 while driving for Richard Petty Motorsports. Michael Annett made only nine starts in the truck series, but still impressed with a strong second-place finish at Kentucky in 2008. He finished just half a second behind Johnny Benson Jr. ended. He also enjoyed success in ARCA racing, winning at Talladega in 2007 and Daytona in 2008. 11th. He missed several events that season due to a stress fracture in his right femur. Tributes for Michael Annett “Our thoughts and prayers are with the entire Annett family on the passing of our friend Michael Annett,” JR Motorsports said in a statement. “Michael was a key member of JRM from 2017 until he retired in 2021 and was an important part of turning us into the four-car organization we remain today,” it added. “Very sad to lose someone who meant so much to me and my family. Michael was a wonderful person to so many, and we will miss him dearly,” wrote racer Sammy Smith on Twitter (now X). “We are saddened to lose a family member. Michael Annett will always be in our hearts. Our thoughts are with the Annett family at this time. Rest in peace MA,” talent rep agency RSMG wrote. “RIP Michael Annett – I was on the radio with him at Hawkeye Downs Speedway the first time he drove a big car on asphalt. Life is precious,” NASCAR driver Landon Cassill posted. NASCAR racer Noah Gragson wrote: “Love you Diesel Mike. Will always cherish my time with you mate!” “It’s sad to hear the news of Big Mikes passing. Chased each other for a long time to get through ARCA together. Spent many days together in the gym before he retired,” said racer Ricky Stenhouse Jr. writing.

Prudential plc announced on December 6 that ICICI Prudential Asset Management Company has filed the Red Herring Prospectus (RHP) with the Registrar of Companies, Delhi and Haryana at Delhi for an initial public offer (IPO). The RHP has also been filed with the Securities and Exchange Board of India (SEBI), BSE Limited (BSE) and National Stock Exchange of India Limited (NSE). The issue, said to be pegged at around ₹10,000 crore, is an offer for sale (OVS) of up to 9.91% of the equity share capital in ICICI Prudential Asset Management by Prudential Corporation Holdings Limited, a subsidiary of Prudential. The company said the IPO and the amount of the offer for sale remain subject to market conditions, required approvals and other considerations. In addition to the potential IPO, Prudential plc said it continues to consider a private sale of 2% of ICICI Prudential Asset Management Company to ICICI Bank. “We are also considering an additional pre-IPO placement to select institutional investors prior to the completion of the IPO,” Prudential said. ICICI Prudential AMC IPO ICICI Prudential AMC submitted its draft documents to SEBI on 8 July. According to the draft documents, the purpose of the offer is to execute the OVS and to obtain the benefits of listing the equity shares on the stock exchanges. As Mint reported earlier, the lead managers of the IPO include ICICI Securities, Citigroup Global Markets India, Morgan Stanley India Co., BofA Securities India and Goldman Sachs (India) Securities, among others. KFin Technologies Ltd will be the registrar of the offer. Among the key risks, the underperformance of the company’s investment products could cause a decline in its assets under management, including PMS, AIF, and advisory assets, which could negatively impact its business, financial performance and cash flow. Increasing competition from existing and new players is another important risk. Intense competition can slow growth, erode market share or lead to lower fees, affecting the company’s business, financial condition and cash flow. In particular, HDFC Asset Management Co., Nippon Life India Asset Management, Aditya Birla Sun Life AMC, UTI Asset Management Co., Canara Robeco Asset Management Co., and Shriram Asset Management Co. are other major players in the asset management space. Read all IPO related news here

Djakarta – The governor of Aceh, Muzakir Manaf is worried that many people in his area will die of hunger after the disaster. Because a number of sub-districts in Aceh cannot currently be reached by country due to broken bridges. “The condition of the refugees is very alarming (worrying), they did not die because of the flood, but died because of hunger, that’s all,” Mualem told journalists on Saturday (5/12/2025). Scroll TO CONTINUE CONTENT He said Aceh Tamiang, East Aceh, North Aceh and parts of Bireuen were the areas worst affected by the flood. At present, supplies of basic necessities and clean water are most needed. “People really need basic necessities, especially in pristine hinterlands,” he explained. The general chairman of the Aceh Party said that the distribution of aid to interior areas was very difficult because there was no access to land. Logistics for refugees must be provided by dinghies. He asked all parties, including village chiefs, to be proactive so that aid can be distributed. Apart from that, many public facilities were also destroyed. He also visited a number of flood-affected areas in the eastern and central regions. Based on his observations, the disaster that occurred last week was like the tsunami that struck 21 years ago. “I personally see that these floods and landslides are the second tsunami,” he said. Read more here. (deck/idh)

Jakarta – Chairman of the MPR RI Ahmad Muzani gave an in-depth message about the long history, strategic role and great responsibility of the Islamic Student Association (HMI) in the journey of the Indonesian nation. In his national speech, Muzani emphasized that HMI has consistently guarded the establishment of the Republic of Indonesia since its inception in 1947. “HMI was born when this country was not yet consolidated, had not yet faced Dutch aggression. From that, the nation’s children emerged who had a high awareness of building the country’s future,” Muzani said in his statement on Saturday (6/12/2025). He conveyed this at an audience at the HMI Leadership School (PB) at the Nusantara V Building, Parliament Complex, Jakarta on Friday (5/12). Scroll TO CONTINUE CONTENT Muzani emphasized that HMI was always involved in every major national event, both during the old order, the new order and even reformation. He also mentioned the idea of ​​’Islam Yes, Islamic Party No’ of Nurcholish Madjid (Cak Nur) which was considered as a form of counterbalance for the excessive secularization process at that time. “Without being an Islamic party, today’s Islamic spirit is actually the energy of national life. The state protects worship, transactions and life practices based on religious teachings,” Muzani explained. Furthermore, Muzani also invited HMI members to continue to be part of the nation building process through any occupation for a better Indonesia in the future. “HMI Leadership School is an effort to create future national leaders. I am sure that in the next few years there will be regents, mayors and even governors,” Muzani said. Muzani also advised that HMI’s fighting spirit should not be extinguished, whatever one’s profession in the future. Like the slogan ‘Be Sure in Business Until’ which is not just a slogan but a determination that must live on for the Indonesian nation. Meanwhile, PB HMI General Chairman Bagas Kurniawan emphasized that the young generation is the one who will live and determine the direction of the nation’s future. Therefore, anxiety about ecological issues, education and justice in the regions is a form of sensitivity of the younger generation to the country’s current challenges. He also said that loving the nation is not enough just with slogans, but is realized through the courage to give honest criticism to the country. This courage will maintain the quality of human resources and equal justice. “Our future is largely determined by how human resources are prepared, how education is organized, and how regional justice is realized. And this is in line with the struggle that HMI continues to wage,” said Bagas. For your information, this event was also attended by members of the MPR RI Study Body of the PKB Fraksie Kamrussamad, PhD; National HMI Wati (Forhati) Alumni Forum Presidium Coordinator Jamilah Abdul Gani; PB HMI leaders; and a number of participants from the PB HMI Leadership School consisting of branch heads and heads of HMI coordinating bodies across Indonesia. (anl/ega)