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BusinessPhoto: NDTV Business

JPMorgan Cuts SBI Cards Target Amid Margin Pressure in Q2 FY27

JPMorgan lowered its target price for SBI Cards to Rs 505 from Rs 588 after Q2 FY27 results, citing muted loan growth, margin pressure, and credit costs bottoming out. SBI Cards reported a PAT of Rs 778 crore, slightly below estimates, with improving asset quality and credit costs at a 14-quarter low. Kotak Securities remains bullish, citing improving credit costs and potential stronger returns.

NDTV Business·

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PoliticsPhoto: News18

AIMIM Chief Owaisi Criticizes SP's Muslim Representation in UP

Ahead of the 2027 Uttar Pradesh Assembly elections, AIMIM chief Asaduddin Owaisi criticized Samajwadi Party president Akhilesh Yadav for allegedly concentrating political opportunities within the Yadav family and failing to provide adequate representation to Muslim leaders in key constituencies. Speaking at a rally in Kairana, Owaisi suggested the party should rename itself "Samajwadi Yadav Parivar."

News18··Kairana

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PoliticsPhoto: The Hindu

Supreme Court Allows Ex-Minister’s Son Home for Deepavali in Lakhimpur Kheri Case

The Supreme Court allowed the son of a former Union Minister, accused in the Lakhimpur Kheri killings case, to visit home for Deepavali. The trial judge handling the case has been transferred following allegations raised by victims. The Chief Justice of India Surya Kant directed the Allahabad High Court to investigate these allegations. An FIR was also registered against Ashish Mishra and others for allegedly threatening a witness.

The Hindu··New Delhi

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PoliticsPhoto: TOI World

Shashi Tharoor Praises Lula's Re-election as Brazil President

Congress MP Shashi Tharoor welcomed Luiz Inácio Lula da Silva’s re-election as Brazil’s president, highlighting Lula’s focus on social inclusion, economic justice, and poverty reduction. Tharoor noted the election as a sign of Brazil’s democratic resilience amid rising right-wing movements in Latin America. Both campaigns raised disputes over the voting process before results were announced.

TOI World·

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BusinessPhoto: News18 Tech

Meta Launches Class C Shares to Protect Zuckerberg's Voting Control

Meta Platforms has introduced a new Class C share category to enhance fundraising, employee compensation, and acquisitions without diluting CEO Mark Zuckerberg's control. Existing Class A and B shareholders will receive one non-voting Class C share per share owned. Zuckerberg retains about 60.6% voting power despite owning 13.4% economic stake. This move supports Meta's AI investments and reduces reliance on share buybacks.

News18 Tech·

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WorldPhoto: TOI World

Indian Woman in Ireland Uses Deportation Notice in Comedy

Jaishree Malik, an Indian woman who moved to Ireland in 2022 to study at Trinity College Dublin, lost her job due to visa extension delays that prevented her from working. Despite new job offers, she couldn't resolve her visa issues and now plans to return to India voluntarily on November 14. She incorporates her deportation notice into her stand-up comedy acts.

TOI World··Dublin

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