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BusinessPhoto: News18 Business

Jio Platforms IPO Debuts with Record Subscription and Strong Demand

Jio Platforms Ltd shares debuted on the stock market on October 28 after India’s largest-ever IPO by issue size, raising Rs 30,213 crore. The IPO was subscribed 22.19 times, with over 438 crore shares bid against 19.75 crore offered. Qualified institutional buyers led with 70.55 times subscription. Total demand, including anchor investors, exceeded Rs 7 lakh crore, reflecting strong investor interest in Jio’s market leadership and growth potential.

News18 Business·

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PoliticsPhoto: News18 World

UAE Honors Indian Captain Smit Machchhar for Bravery in Cockpit Attack

The UAE honored Indian pilot Captain Smit Machchhar and Flydubai crew for their bravery during a cockpit attack on September 30 on a Dubai-Tel Aviv flight. Despite serious injuries, Machchhar opened the cockpit door, enabling intervention that averted tragedy. UAE President Sheikh Mohamed bin Zayed Al Nahyan awarded them the First Class Order of Zayed II. Dubai Crown Prince Sheikh Hamdan presented the honors. Israel also announced a civilian bravery award for Machchhar.

News18 World··Dubai

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PoliticsPhoto: Hindustan Times

CJI Surya Kant Expands Case Allocation Across Supreme Court Benches

The Supreme Court's new roster, directed by Chief Justice Surya Kant and effective from October 26, broadens the range of subject categories assigned to benches. It redistributes commercial disputes, taxation, education, family law, environmental issues, and other civil and criminal matters among judges. Notably, Justice MM Sundresh's allocation now includes company law, competition law, direct taxation, environmental law, insolvency, and land laws, expanding his previous case categories.

Hindustan Times·

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PoliticsPhoto: Deccan Herald

US Military Strikes Vessel in Eastern Pacific, Killing Five

The US military conducted a strike on a vessel in the Eastern Pacific, killing five people described as "narco-terrorists." The US Southern Command said the vessel was involved in drug trafficking based on confirmed intelligence. Since September 2025, US strikes on similar vessels have killed over 230 people. Human rights groups condemn these actions as extrajudicial killings.

Deccan Herald·

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PoliticsPhoto: Mint

Kerala-born Nithya Raman Leads Los Angeles Mayoral Race

Nithya Raman, born in Kerala, is the leading left-leaning challenger to incumbent Mayor Karen Bass in the Los Angeles mayoral race on November 3. If elected, Raman will become the first Indian-American mayor of Los Angeles, marking a significant milestone in the city's political history.

Mint··Los Angeles

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BusinessPhoto: ET Tech

India a Top Priority Market for Oracle NetSuite, Says Asia Head

Amit Suxena, group vice president and head of Asia at Oracle NetSuite, stated that India is among the highest-priority markets for the AI-native business management platform. Speaking at Oracle AI World, he noted that momentum among Indian businesses has been growing steadily over the past four to five years.

ET Tech·

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