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BusinessPhoto: NDTV

Fairfax Acquires 60.7% Stake in IDBI Bank for $6 Billion

Canada's Fairfax Financial Holdings Ltd. purchased a 60.7% controlling stake in India's IDBI Bank Ltd. for nearly $6 billion. This deal marks a significant step in India's banking sector reforms and signals growing foreign interest in the country's financial industry. It is one of the largest financial sector deals since 2019, with other investors like Blackstone and Mitsubishi UFJ exploring opportunities in Indian finance firms.

NDTV·

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TechnologyPhoto: NDTV Tech

DoT Mandates Caller Name Presentation on 4G and 5G from November

The Department of Telecommunications (DoT) has instructed all authorized telecom service providers to implement Caller Name Presentation (CNAP) on 4G and 5G networks nationwide starting November 1. CNAP will also be enabled on future 6G networks. Implementation for 2G, 3G, and landline networks will be decided separately. New TSPs must also adopt CNAP by default, ensuring protection against tampering.

NDTV Tech·

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PoliticsPhoto: Deccan Herald

Uttar Pradesh Installs Over 9 Lakh Rooftop Solar Plants

Under the Yogi government's leadership, Uttar Pradesh has installed more than 9 lakh rooftop solar plants, adding over 3,000 megawatts (3 gigawatts) of solar capacity. This milestone supports clean energy expansion, reduces household electricity bills, protects the environment, and creates jobs. The state's daily rooftop solar growth of 9-10 megawatts rivals international averages seen in Australia, the US, and Germany.

Deccan Herald·

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HealthPhoto: News18 Hindi

Sitting Over 4 Hours Equals Smoking 4 Cigarettes, Warn Doctors

According to the Vascular Society of India, sitting continuously for more than four hours is as harmful as smoking four cigarettes. This behavior increases the risk of deep vein thrombosis, a condition where blood clots form in the veins of the legs, especially among young people.

News18 Hindi·

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BusinessPhoto: News18 Hindi

Sarfaraz Transforms Dry Fruits Business From Kashmir to Bokaro

Sarfaraz shared that he used to work as a laborer in fields in Jammu and Kashmir, earning very little to support his family. Inspired by the large-scale dry fruits business in the region, he decided to start his own venture. Over the past five years, he has successfully grown his business by selling products at fairs, significantly improving his livelihood.

News18 Hindi·

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BusinessPhoto: Mint Markets

Groww's Valuation Unattractive Despite Q2FY27 Profit Stability

Billionbrains Garage Ventures, operating as Groww, reported no sequential increase in net profit for the September quarter (Q2FY27). This occurred despite favorable conditions including five additional trading days and the absence of Indian Premier League (IPL)-related marketing expenses. The company's valuation compared to exchanges remains unappealing to investors.

Mint Markets·

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