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BusinessPhoto: News18 Business

Jio IPO to Enhance Reliance Industries' Financial Flexibility, Cut Debt Costs: Moody's

Moody's Ratings stated that the initial public offering (IPO) of Jio Platforms will improve Reliance Industries' financial flexibility by reducing debt and interest costs. Jio Platforms, with Reliance holding a 66.4% stake, aims to raise about Rs 30,213 crore through fresh shares. Proceeds will repay Rs 27,500 crore borrowings of Reliance Jio Infocomm Ltd, with remaining funds for growth and working capital. The IPO will diversify funding sources and support future investments.

News18 Business·

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PoliticsPhoto: Firstpost World

Italy Links European Riots to Russia's Hybrid War

Italian Defence Minister Guido Crosetto has attributed recent riots in Paris, Marseille, Milan, and other European cities to Russia's 'hybrid war'. The unrest, sparked by protests over the cost-of-living crisis and poor school conditions, involved clashes with police, arson, and looting, resulting in around 2,400 arrests. Crosetto highlighted Russia's use of social media and unconventional tactics to destabilize the West.

Firstpost World·

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PoliticsPhoto: Hindu World

Israel's Eisenkot Quietly Appeals to Oust Netanyahu Ahead of Election

Gadi Eisenkot, former Israeli military chief and leader of the centrist Yashar party, is making a quiet appeal to voters to oust Prime Minister Benjamin Netanyahu ahead of Israel's October 27, 2026 election. This election is the first since the October 7, 2023 Hamas attack and is seen as a referendum on Netanyahu's divisive rightward policies. Eisenkot aims to unite Israelis after Netanyahu's tenure.

Hindu World··Jerusalem

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WorldPhoto: TOI Entertainment

Soubin Shahir's Kochi Apartment Features Nature-Inspired Design

Soubin Shahir's apartment in Kochi is designed with a strong emphasis on plants and nature. Inspired by childhood gardening memories, he has integrated landscaped balconies and various plant species to create a peaceful environment. He personally maintains the greenery, ensuring it thrives amid the urban setting, reflecting his deep appreciation for nature.

TOI Entertainment··Kochi

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BusinessPhoto: ET Markets

China's CSI 300 Index Falls 20%, Enters Bear Market

China's CSI 300 index dropped 20% from its June peak on Thursday, entering bear market territory. The decline is driven by concerns over taxation policies, slowing economic growth, and weak corporate earnings. Geopolitical uncertainty and fears of an AI bubble have increased investor anxiety. Some analysts predict a possible market rebound in 2027.

ET Markets·

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EntertainmentPhoto: NDTV Movies

Ranabaali Box Office Day 6: Vijay Deverakonda-Rashmika Film Nears Rs 50 Crore India Gross

Ranabaali, starring Vijay Deverakonda and Rashmika Mandanna, earned Rs 5.50 crore nett in India on its sixth day, a 22.5% drop from the previous day. The film's India gross is Rs 48.90 crore, with a worldwide total of Rs 59.65 crore, including Rs 10.75 crore from overseas. It opened on October 16 and has shown fluctuating daily collections.

NDTV Movies·

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