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BusinessPhoto: Mint MarketsThe upcoming Jio Platforms IPO, valued at approximately ₹10.3 lakh crore, may boost Reliance Group's total market capitalization to ₹28.35 lakh crore. This would surpass Tata Group's market cap of ₹25.92 lakh crore, making Reliance the largest conglomerate in India. Adani Group ranks third at ₹17.23 lakh crore, followed by HDFC Group at nearly ₹13.9 lakh crore.
Mint Markets·
WorldPhoto: Deccan HeraldTraffic restrictions will be imposed in parts of Kengeri, Bengaluru, on October 21 from 4 pm to 7 pm due to the Yeshwantpur Dasara procession from Shirke Junction to Ganesh Ground. Several routes, including Shankar Nag Junction–Shirke Junction and Shivanapalya Junction–Shirke Junction, will be closed to vehicles. Alternate routes are provided for motorists. Slow traffic is expected on Mysuru Road between Madhu Junction and Jnanabharathi Junction during this time.
Deccan Herald··Bengaluru
PoliticsPhoto: NDTV WorldUS President Donald Trump stated he is prepared to meet Russian President Vladimir Putin and Chinese President Xi Jinping at a summit in China next month focused on denuclearization. Trump also criticized Ukrainian President Volodymyr Zelensky, saying it is time for someone else to negotiate on behalf of Ukraine.
NDTV World·
BusinessPhoto: ET MarketsHedge funds reduced their technology sector exposure at the fastest rate in at least ten years due to a weakening global AI trade. Despite this sharp risk reduction, technology stocks still constitute a significant portion of hedge fund portfolios. The selloff last week heavily impacted tech stocks, according to data from Goldman Sachs.
ET Markets·
WorldPhoto: TOI WorldThe Texas Parks and Wildlife Foundation purchased a 650-acre ranch on Lake Palestine for over $10 million. Owned by the Pollard family since 1940, the land features important natural habitats. After the sale completes in 2027, the state plans to develop guided tours, campsites, and trails, increasing public access to this historic property.
TOI World··Texas
SciencePhoto: Economic TimesJapan Aerospace Exploration Agency launched a spacecraft from Tanegashima Island to explore Phobos, one of Mars' two small moons. The mission, involving five global space agencies, aims to land a robotic prospector and rover on Phobos over five years to collect samples. This collaborative effort marks a significant step in interplanetary exploration.
Economic Times·
Mint Markets·
Photo: Mint MarketsThe upcoming Jio Platforms IPO, valued at approximately ₹10.3 lakh crore, may boost Reliance Group's total market capitalization to ₹28.35 lakh crore. This would surpass Tata Group's market cap of ₹25.92 lakh crore, making Reliance the largest conglomerate in India. Adani Group ranks third at ₹17.23 lakh crore, followed by HDFC Group at nearly ₹13.9 lakh crore.
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