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BusinessPhoto: Times of IndiaLarry Ellison's net worth fell sharply after Oracle shares plunged about 62%, raising investor concerns over the company's rising debt and aggressive AI investments. Despite the drop, Oracle's core business remains strong, fueled by high demand for cloud services. Analysts remain optimistic about significant revenue growth in the coming years.
Times of India·
BusinessPhoto: Business StandardWaaree Renewable Technologies reported a 29% year-on-year decline in consolidated net profit to ₹81.48 crore for the September quarter, down from ₹116.36 crore the previous year. The drop was mainly due to higher expenses, which rose to ₹961.66 crore from ₹622.63 crore. Revenue increased to ₹1,057.84 crore. The company has a strong order book over ₹5,500 crore and a robust bidding pipeline in solar, BESS, and T&D sectors.
Business Standard·
PoliticsPhoto: Aaj TakThe Ruthia family from Sehore, Madhya Pradesh, claims their ancestor Seth Jummalal Ruthia lent Rs 35,000 to the British government in 1917, which remains unpaid. The family has documents supporting this loan linked to the administration of the Bhopal princely state. The UK Debt Management Office responded, stating no records exist and denying responsibility. The family is dissatisfied and plans further legal action with more documents.
Aaj Tak··Sehore
WorldPhoto: Deccan HeraldMadikeri town is preparing for a grand procession featuring 10 tableaux on Vijayadashami, October 21, after Mysuru's Jamboo Savari. Each tableau will depict Hindu mythology stories, created by various temple committees. Elaborate structures atop tractors are being built, with 1,451 police deployed for security. Police warn against noise pollution violations during the festivities.
Deccan Herald··Madikeri
PoliticsPhoto: Times of IndiaIndia issued a safety advisory for its citizens in Italy following violent protests in Milan over rising living costs. The Indian embassy urged nationals to avoid crowded areas and protests, providing emergency helpline numbers for the embassy in Rome and consulate in Milan. Over 5,000 protesters clashed with police using tear gas and water cannons. Italian PM Giorgia Meloni will hold an emergency security meeting.
Times of India··Milan
SportsPhoto: Hindu SportNeutralist, Shamara, and Azaadi stood out during horse exercises in Pune on October 19. Various horses were exercised over distances from 600m to 1200m, with notable performances including Azaadi moving impressively and finishing four lengths ahead, and Neutralist showing good shape. Several jockeys including S. Kamble and Prasad participated in the sessions on the inner sand track.
Hindu Sport··Pune
Times of India·
Photo: Times of IndiaLarry Ellison's net worth fell sharply after Oracle shares plunged about 62%, raising investor concerns over the company's rising debt and aggressive AI investments. Despite the drop, Oracle's core business remains strong, fueled by high demand for cloud services. Analysts remain optimistic about significant revenue growth in the coming years.
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