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PoliticsPhoto: Deccan HeraldBengaluru Police arrested three men linked to an IED blast in Fraser Town on October 20 that injured two people. The blast was caused by a personal feud between Zahidul Hussain Barbhuiya and his uncle Alaudin M over land, finances, and a cancelled wedding. The suspects, all from Assam's Hailakandi district, conspired to trigger the explosion, police said.
Deccan Herald··Bengaluru
BusinessPhoto: Mint MarketsInfosys has reduced its FY27 constant-currency revenue growth forecast to 1-2%, down from earlier estimates of 1.5-3% and 1.5-3.5%. The company cited a shift toward offshore delivery and exiting a deal as factors that could reduce growth by 1.8-2%. These updates were shared during its Q2FY27 results announcement.
Mint Markets·
EntertainmentPhoto: TOI EntertainmentThe film Ramayana: Rise of a Legend, starring Ranbir Kapoor and Yash and directed by Nitesh Tiwari, has seen impressive advance bookings with around 2.16 lakh tickets sold across 161 cities. Maharashtra, especially Mumbai, leads in ticket sales and revenue. The Hindi version, particularly in 3D format, accounts for most advance sales.
TOI Entertainment··Mumbai
BusinessPhoto: Hindu BusinessThe Securities and Exchange Board of India (SEBI) has permitted equity funds, including large-cap active funds, to invest up to 35% of their residual portfolio in non-equity assets. Large-cap funds must still invest at least 80% in large-cap stocks, but can allocate the remaining portion to mid-cap, small-cap, or non-equity investments. This regulation impacts the composition and risk profile of core portfolios.
Hindu Business·
PoliticsPhoto: Hindu WorldLula da Silva won Brazil's presidential election with 51.75% of the vote, defeating Flavio Bolsonaro, son of former far-right President Jair Bolsonaro, who received 48.25%. Despite Flavio Bolsonaro's confidence from leading in polls before election day, Lula secured a narrow victory according to official results.
Hindu World·
BusinessPhoto: ET MarketsIndia's equity valuations have fallen to their lowest in six years following recent market declines driven by foreign selling, a weaker rupee, and rising crude prices. Despite this drop, the MSCI India Index still trades at a premium compared to other emerging markets, causing overseas investors to remain cautious about investing in Indian equities.
ET Markets·
Deccan Herald··Bengaluru
Photo: Deccan HeraldBengaluru Police arrested three men linked to an IED blast in Fraser Town on October 20 that injured two people. The blast was caused by a personal feud between Zahidul Hussain Barbhuiya and his uncle Alaudin M over land, finances, and a cancelled wedding. The suspects, all from Assam's Hailakandi district, conspired to trigger the explosion, police said.
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