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BusinessPhoto: Mint Markets

IDBI Bank Shares Fall After Fairfax Stake Sale Approval

Shares of IDBI Bank dropped sharply after the Indian government and LIC approved selling their 60.72% stake to Fairfax Financial Holdings for ₹52,878 crore, valuing shares at ₹81 each. The stock opened higher but fell due to profit booking. Experts say the deal could transform IDBI Bank into a diversified financial services firm offering banking, insurance, and investment services.

Mint Markets·

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EntertainmentPhoto: TOI Entertainment

Jonathan Bailey and Natalie Portman Begin Filming Thriller 'Pumping Blood'

Filming has started for the thriller 'Pumping Blood,' starring Jonathan Bailey and Natalie Portman. The film, directed by Mimi Cave, explores the intense world of elite cycling through the story of Taylor Mace, a 35-year-old cyclist facing major challenges. The cast also includes Lukas Gage and Tony Hale. Production is scheduled to continue until December.

TOI Entertainment·

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BusinessPhoto: ET Markets

Persistent Systems Shares Drop 5% Despite Q2 Revenue Growth

Persistent Systems shares fell 5% despite a 7.8% sequential constant-currency revenue growth in Q2FY27. The decline was driven by margin contraction and a sharp drop in profit, affecting investor sentiment. Brokerages remain divided on the stock due to valuation concerns and acquisition-related costs.

ET Markets·

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PoliticsPhoto: Deccan Herald

Ladakh Talks Stall Over Powers of Proposed Elected Body

Talks between the Union Ministry of Home Affairs and Ladakh representatives ended inconclusively as the Leh Apex Body and Kargil Democratic Alliance said the Centre's draft did not meet their demands for an elected governing body with significant powers and constitutional safeguards. The next round is scheduled for October 22 in New Delhi. The discussions focus on creating a Union Territory-level elected body with legislative, executive, and financial powers under Article 371(K).

Deccan Herald··Leh

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HealthPhoto: Hindu Health

Cancer Drug Pricing, Painkiller Misuse, and Dengue Alerts in Kerala

In Episode 53 of Health Wrap, The Hindu discusses the disparity between essential cancer drug prices and patient costs, concerns about indiscriminate painkiller and antibiotic use, and a new dengue early warning system in Kerala. The episode highlights that dengue mosquito eggs can survive dry conditions for months, stressing the need to eliminate breeding sites even when containers seem dry.

Hindu Health·

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WorldPhoto: Firstpost World

Indian Students Confronted by Vigilantes in UK Park

Three Indian students in Solihull, England, were confronted by a group called the ‘Chelmsley Wood Patriots’ during a late-night patrol at Meriden Park. The vigilantes questioned the students about their presence and warned them not to return, telling them to stay away from the children's park. One student said he had been living in the UK for two years pursuing a master's degree. The incident was filmed and shared on social media.

Firstpost World··Solihull

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