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BusinessPhoto: Times of IndiaThe government and LIC will sell a combined 60.7% stake in IDBI Bank for Rs 52,878 crore to an arm of Fairfax Financial Holdings, controlled by Canadian billionaire Prem Watsa. This deal marks the largest-ever financial sector FDI in India and helps the government surpass its Rs 80,000 crore disinvestment and asset monetisation target for the current fiscal year.
Times of India·
PoliticsPhoto: HT WorldThe U.S. Department of Homeland Security has proposed changes to the H-1B visa renewal process that would require USCIS officers to fully reassess each renewal petition without referencing prior approvals. This move aims to address concerns about misuse of the program by tech companies and could increase scrutiny and delays for Indian professionals seeking visa renewals under the Trump administration's reforms.
HT World·
TechnologyPhoto: HT SportsJeff Kaplan, former Blizzard Entertainment vice president and lead director of Overwatch, left the company in 2021 to start his independent studio, Kintsugiyama. In a Gamespot interview, he described the transition as "humbling," noting the challenges of moving from a major AAA developer to running a small studio. Kaplan now focuses on Kintsugiyama's first project, The Legend of California, and has experienced a significant change in industry recognition and daily work.
HT Sports·
BusinessPhoto: News18Hi BusinessIn Burhanpur, Aris Chaudhary began a slipper business with a 10,000 rupee loan from his sister. Encouraged by her support and his father's trust, he started small and gradually expanded. His shop in the Jaystambh area offers affordable slippers, including branded-style copies, attracting many customers who appreciate the variety and low prices.
News18Hi Business··Burhanpur
SciencePhoto: NDTVThe Ministry of Road Transport and Highways plans to implement stricter BS-VII emission standards for new cars and SUVs starting April 1, 2029. The rollout will occur in three phases over six years: April 2029, April 2031, and April 2035. These norms will limit pollutants like nitrogen oxides, hydrocarbons, and particulate matter, without affecting existing vehicles, including BS-VI compliant ones.
NDTV·
TechnologyPhoto: TOI WorldMatt Walsh expressed concerns on October 14 about the increasing use of AI chatbots by young people. He warned that individuals might start treating AI systems as friends and spend significant time interacting with them. Walsh also highlighted potential impacts of AI on jobs, films, music, and advertising, suggesting technology could alter human relationships and creative industries.
TOI World·
Times of India·
Photo: Times of IndiaThe government and LIC will sell a combined 60.7% stake in IDBI Bank for Rs 52,878 crore to an arm of Fairfax Financial Holdings, controlled by Canadian billionaire Prem Watsa. This deal marks the largest-ever financial sector FDI in India and helps the government surpass its Rs 80,000 crore disinvestment and asset monetisation target for the current fiscal year.
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