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Jhunjhunwala backed Star Health set to file for IPO

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₹2,000 crore, three people aware of the development said.Founded in 2006 as India’s first standalone health insurance provider, Star Health provides health, personal accident and overseas travel insurance.“They are planning to file the draft red herring prospectus by the end of the month, but it is likely that this may slip into the first or second week of June," said one of the three people cited above, all of whom spoke on condition of anonymity.The initial public offering (IPO) is likely to be a mix of primary and secondary share sales by the company and the investors, he added. “Around 10-12 investment banks are working on this IPO including Kotak Mahindra Capital, Citibank, Credit Suisse and Bank of America," the second person said..

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Woman in stitches as 'stupid' mate confuses pregnancy test result with Covid
Covid lockdown was introduced, which means by now most of us are used to testing ourselves to see if we have been infected with the virus.Many people may now associate the phrase ‘positive result’ with a confirmed case of the infectious virus that has caused the pandemic.But, that was not always the case.This was clear when a woman messaged a friend with a picture of her pregnancy test - which gave a positive result.Having snapped a photo of the white stick portraying two red lines, the women wrote “positive” with a neutral face emoji.However, there was a bit of a modern day mix-up.Just like how lateral flow tests show two red lines for a positive result, the friend thought they tested for Covid - not for being pregnant.The confused friend replied: “Damn, I hope you feel better.”Along with a prayer emoji, they added: “Quarantine.”Stunned at the response, the pregnant woman slammed: “Are you stupid?”A screenshot of the text was posted to Facebook by user Amber Lee Clark which has now racked up thousands of likes and 33,000 shares.People were left in stitches at the confusion so tagged their mates with laughing emojis whilst they poked fun at the mix-up.One person chuckled: “I hope she takes all the necessary precautions that the CDC has lined out. Don’t need that s*** spreading”Another added: “Name your kid Covid.”Whilst a third user related: “Remember when I sent you my Covid results and you thought I was pregnant?”Someone else shared: “I laughed too hard at this.” Get all the biggest Lifestyle news straight to your inbox. Sign up for the free Daily Star Hot Topics newsletter
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