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BusinessPhoto: Mint MarketsAccording to Ian Charles, CEO of Arctos Partners, the number of active private markets firms peaked 18 months ago and has since begun to decline. This decline is due to an increasing number of firms becoming 'zombies' because they are unable to raise their next fund, signaling challenges in the private equity sector.
Mint Markets·
SciencePhoto: News18 HindiCyclone Arnab, originating from the Bay of Bengal, is moving towards the Andhra Pradesh coast with landfall near Yanam. Wind speeds are expected between 125-135 km/h, with gusts up to 150 km/h. Heavy rain and storms are forecasted in 19 states including Delhi-NCR, Uttar Pradesh, Bihar, Jharkhand, and West Bengal. Risks include landslides in hilly areas and lightning strikes.
News18 Hindi·
WorldPhoto: FirstpostSaudi Arabia has resumed limited India-bound flights from Riyadh’s King Khalid International Airport, including services by Saudi low-cost carrier Flynas, according to the Indian Embassy in Riyadh. However, Air India, Air India Express, and IndiGo continue suspending several Saudi routes until late October or early November. Passengers are advised to confirm flight status due to ongoing disruptions affecting air travel in Saudi Arabia.
Firstpost··Riyadh
HealthPhoto: MintPrivate hospitals in India will soon be mandated to upload their tariff structures and other relevant details on a central government portal. This initiative aims to enable patients to compare treatment costs easily and make informed healthcare decisions, according to two officials familiar with the plan.
Mint·
PoliticsPhoto: Firstpost WorldThe UAE President Sheikh Mohamed bin Zayed Al Nahyan awarded the First Class Order of Zayed II to flydubai pilot Captain Smit Machchhar and crew for their bravery during an attempted hijacking on September 30. The honours were presented by Dubai Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, who praised the crew's courage and professionalism in ensuring passenger safety.
Firstpost World·
PoliticsPhoto: Deccan HeraldThe 10-day winter session of the Karnataka Legislature is expected to start on December 7 in Belagavi. Chief Secretary Shalini Rajneesh has instructed the Legislative Council Secretary Jyothi to make necessary arrangements. The Cabinet discussed the session date in its October 15 meeting. Chief Minister D K Shivakumar's office released the letter from Rajneesh to the press.
Deccan Herald··Belagavi
Mint Markets·
Photo: Mint MarketsAccording to Ian Charles, CEO of Arctos Partners, the number of active private markets firms peaked 18 months ago and has since begun to decline. This decline is due to an increasing number of firms becoming 'zombies' because they are unable to raise their next fund, signaling challenges in the private equity sector.
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