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BusinessPhoto: ET MarketsElice, a data center and AI developer, experienced a sharp decline in its stock price during its market debut, reflecting growing investor skepticism about AI valuations. Other companies like CoreWeave and Firmus Grid also faced investor resistance over their financial outlooks. Rising borrowing costs are further pressuring tech stocks, including those in the semiconductor sector.
ET Markets·
PoliticsPhoto: Zee News HindiA murder case was filed after an 18-month-old girl died from a fall at a Goregaon East building in Mumbai. CCTV showed a 10-year-old neighbor pushing the toddler from a sixth-floor duct. The toddler suffered fatal head injuries and died at the hospital. The minor suspect and her mother are in custody. Police are investigating, with no confirmed motive yet. The families had prior disputes over a cat.
Zee News Hindi··Mumbai
EntertainmentPhoto: News18Hi EntertainmentOn October 20, actress Priyanka Chopra celebrated Dussehra with her husband Nick Jonas and daughter Malti Marie Chopra Jonas. Despite living abroad, their daughter embraced Indian culture, wearing bangles, a forehead tilak, and a traditional scarf. Priyanka shared photos of the festive celebration on social media, highlighting their connection to Indian roots and traditions.
News18Hi Entertainment·
EntertainmentPhoto: HT EntertainmentAustralian model Sahara Ray, once linked to Justin Bieber, died at 34 months after giving birth to her daughter Snow. Her family confirmed she passed away in hospital surrounded by loved ones. In April 2024, Sahara revealed she had Guillain-Barre syndrome, a rare disorder causing partial paralysis. Friends and fans paid tribute to her warmth and kindness on social media.
HT Entertainment·
BusinessPhoto: Economic TimesIndian Railways has connected Rowghat in Chhattisgarh to the national rail network for the first time since Independence by inaugurating the Tadoki-Rowghat railway line. This 17.5-km stretch completes the 95-km Dalli-Rajhara-Rowghat project. Two new passenger services, Rowghat-Raipur and Raipur-Kurud, were launched to enhance regional connectivity and boost industrial and economic opportunities.
Economic Times··Rowghat
BusinessPhoto: Deccan HeraldNetflix reported a 12% revenue increase to nearly $12.9 billion in Q3, with net income rising 44% to $3.7 billion. Despite laying off 1,000 employees and top executives, the company expects 13% revenue growth for the year. However, Netflix acknowledged concerns over stagnating viewer attention, especially in the US and Canada, where revenue growth slowed from 17% to 11%. Shares fell over 5% after hours.
Deccan Herald·
ET Markets·
Photo: ET MarketsElice, a data center and AI developer, experienced a sharp decline in its stock price during its market debut, reflecting growing investor skepticism about AI valuations. Other companies like CoreWeave and Firmus Grid also faced investor resistance over their financial outlooks. Rising borrowing costs are further pressuring tech stocks, including those in the semiconductor sector.
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