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BusinessPhoto: NDTV BusinessFairfax Financial Holdings plans to acquire a majority stake in IDBI Bank for Rs 52,878 crore. Moody's expects the deal to have limited impact on Fairfax's leverage due to its $2.3 billion liquidity reserve and funding strategy, indicating strong financial cushioning despite the large transaction.
NDTV Business·
BusinessPhoto: Times of IndiaVinod Khosla announced a job opening for a chief of staff at Khosla Ventures. The role demands intense work hours, typically from 8 am to 8 pm, with availability required on nights and weekends. Khosla highlighted the position's challenges but emphasized its potential for significant learning and growth opportunities.
Times of India·
EntertainmentPhoto: TOI EntertainmentJennifer Lopez and Brett Goldstein were seen together at an exclusive Los Angeles party, fueling new romance rumors linked to their film 'Office Romance.' Although they arrived and left separately, they shared a vehicle, sparking public interest. Both actors have described their relationship as platonic, but fans remain intrigued by their strong on-screen chemistry.
TOI Entertainment··Los Angeles
BusinessPhoto: HT WorldSpaceX, Elon Musk’s space and technology company, made history with its June IPO valued at $1.77 trillion, raising $75 billion. The funds will support expansion in AI and satellite internet services. Despite strong revenue growth and business prospects, SpaceX shares may see limited gains through 2027 due to its high valuation, making significant stock price growth challenging.
HT World·
SportsPhoto: Hindu SportThe Court of Arbitration for Sport (CAS) announced that its verdict on Senegal's appeal against losing the Africa Cup of Nations title to Morocco is expected by the end of November 2026. The appeal hearing was held behind closed doors at CAS headquarters in Lausanne on October 8. Senegal was stripped of the title, which was awarded to Morocco.
Hindu Sport··Lausanne
PoliticsPhoto: Amar UjalaA group of 402 Indian-origin students, researchers, academics, and alumni from 27 countries issued a joint statement titled 'Spare India from Anarchy.' They expressed concern over the use of street protests to undermine democratic institutions and processes in India. The statement emphasized that dissent is vital in democracy but weakening constitutional frameworks under its name is unacceptable. They highlighted India's strong democratic traditions and peaceful power transitions since independence.
Amar Ujala·
NDTV Business·
Photo: NDTV BusinessFairfax Financial Holdings plans to acquire a majority stake in IDBI Bank for Rs 52,878 crore. Moody's expects the deal to have limited impact on Fairfax's leverage due to its $2.3 billion liquidity reserve and funding strategy, indicating strong financial cushioning despite the large transaction.
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