Lenskart IPO: Promoter Sumeet Kapahi’s degree, marksheets missing, shows DRHP

IANS | July 29, 2025 2:56 PM

Mumbai, July 29 (IANS) As eyewear retailer Lenskart took its first step towards going public by filing its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI), one unusual disclosure stood out as the company revealed that the degree certificate and marksheets of one of its promoters, Sumeet Kapahi, are not traceable.

India projected to see salary hikes between 6.2-11.3 pc across industries in FY26

IANS | July 29, 2025 12:09 PM

New Delhi, July 29 (IANS) Employers across key industries in India are planning measured yet meaningful compensation increases in current fiscal, with salary increments projected to range between 6.2 per cent and 11.3 per cent across sectors, and some city and role-level salary increments are expected to reach up to 13.8 per cent, according to a report on Tuesday.