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BusinessPhoto: ET MarketsIDBI Bank shares fell 7% as investors booked profits following a nearly 13% rally after the Cabinet approved Fairfax's acquisition of a 60.72% stake. The stock had reached Rs 93.60, pushing market capitalization above Rs 1 lakh crore. The Rs 52,878 crore deal is a key step in IDBI Bank's privatisation, with Fairfax's Rs 81 per share bid exceeding the fair value of Rs 75.99.
ET Markets·
TechnologyPhoto: NDTV TechThe 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·
PoliticsPhoto: Deccan HeraldUnder 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·
HealthPhoto: News18 HindiAccording 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·
BusinessPhoto: News18 HindiSarfaraz 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·
BusinessPhoto: Mint MarketsBillionbrains 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·
ET Markets·
Photo: ET MarketsIDBI Bank shares fell 7% as investors booked profits following a nearly 13% rally after the Cabinet approved Fairfax's acquisition of a 60.72% stake. The stock had reached Rs 93.60, pushing market capitalization above Rs 1 lakh crore. The Rs 52,878 crore deal is a key step in IDBI Bank's privatisation, with Fairfax's Rs 81 per share bid exceeding the fair value of Rs 75.99.
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