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Business

Jio Platforms Targets $114 Billion Valuation for IPO by October 30

Jio Platforms Ltd. aims for a valuation of about ₹11 trillion ($114 billion) in its upcoming IPO, expected to open the week of October 19 and list before October 30. This would be India's third most valuable public company, behind Reliance Industries and Bharti Airtel. The telecom arm of Mukesh Ambani's Reliance Industries has completed demand assessment and will meet investors to finalize pricing and valuation.

Business Standard·

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Politics

Delhi's Barapulla Phase-3 Flyover Faces Traffic Jam Like BRT Corridor

The new Barapulla Phase-3 flyover in Delhi is facing heavy traffic jams, drawing comparisons to the failed BRT corridor. The flyover, stretching from Mayur Vihar to AIIMS, is under scrutiny as commuters question if it will suffer the same fate as the BRT system, which was widely criticized for causing congestion.

News18 Hindi··Delhi

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World

SCERT Uttarakhand and Kotak Education Foundation Partner to Enhance AI Literacy for Teachers

SCERT Uttarakhand has partnered with Kotak Education Foundation to improve AI literacy and digital education among teachers in the state. They will jointly develop content, design online courses, and provide technical support, delivering these through platforms like DIKSHA, UK e-Srijan, and Mission Karmayogi. The initiative aims to integrate AI and digital pedagogies to enhance teaching practices and student outcomes across Uttarakhand.

HT Education··Uttarakhand

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Business

Kotak Mahindra Bank Shares Outperform Nifty 50 and Bank Nifty

Kotak Mahindra Bank shares rose 10% in two months despite a market decline, driven by strong loan growth, clear leadership, and improving asset quality. Analysts highlight positive catalysts such as a new CEO appointment and better earnings expectations, which are key to the bank's recovery and valuation improvement.

Mint Markets·

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Entertainment

Salman Khan Hosts BJP Youth Leader Sai Prasad for Dinner

Actor Salman Khan invited BJP Youth Morcha treasurer Sai Prasad and his wife to his home for dinner. Sai Prasad described the meeting as memorable, highlighting the warm hospitality shown by Salman Khan during the visit.

Amar Entertainment·

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Politics

Suvendu Adhikari Justifies Humayun Kabir's Detention in Nandigram

West Bengal Chief Minister Suvendu Adhikari defended the detention of AJUP chief and MLA Humayun Kabir in Nandigram, accusing him of interfering in the election process by visiting another polling booth. Adhikari said that even he could be detained for such actions, emphasizing that the Election Commission's rules govern the process, not the state government.

News18··Nandigram

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