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BusinessPhoto: Mint MarketsJio Platforms’ IPO was subscribed 3.16 times on its first day, driven by strong institutional demand. Qualified Institutional Buyers (QIBs) subscribed 9.42 times, Non-Institutional Investors (NIIs) 1.68 times, employees 1.36 times, Reliance Industries Limited (RIL) shareholders 1.46 times, and retail investors 0.73 times. The IPO subscription was open until October 23.
Mint Markets·
BusinessPhoto: ET MarketsSensex and Nifty closed above pre-closing auction levels after extreme volatility on Thursday, despite a massive Rs 8 lakh crore market selloff. Elevated crude oil prices, foreign investor outflows, and weak market breadth contributed to cautious market sentiment throughout the day.
ET Markets·
SciencePhoto: Economic TimesThe World Meteorological Organization has warned that El Nino conditions could become unprecedentedly strong, with tropical Pacific sea surface temperatures rising significantly above average. This event, peaking towards late 2026, may cause severe droughts, heavy rainfall, and increased global temperatures. It is part of the El Nino Southern Oscillation cycle, which affects global climate patterns.
Economic Times·
PoliticsPhoto: The HinduA suspected Improvised Explosive Device (IED) blast at an under-construction building in Pulakeshinagar, East Bengaluru, injured two people on Tuesday. Allauddin from Assam lost a finger, while Suraj, a security guard from Uttar Pradesh, sustained minor injuries and is being questioned by police. Police recovered small wires from the site, sent for forensic analysis to confirm the device's nature.
The Hindu··Bengaluru
PoliticsPhoto: Zee News HindiPolice investigating the October 18 firing at actor Tiger Shroff's car have identified four more suspects, including a woman who allegedly helped transport a pistol from Delhi to Mumbai under her boyfriend's direction. The weapon reportedly passed through multiple people before the attack. Suspects include Kunal and Sumit from Sonipat, Haryana, and Radha and Babita from Uttar Pradesh, with Kunal allegedly involving Radha through their relationship.
Zee News Hindi··Mumbai
EntertainmentPhoto: HT EntertainmentBollywood actor Ranbir Kapoor apologized for a slip of tongue during a Dussehra event in Kolkata while promoting Ramayana: Rise of a Legend. He mistakenly said that goodness and honesty perish instead of triumphing over evil. At a Chennai event, he clarified and reaffirmed that goodness and truth will ultimately prevail, citing his collaboration with A.R. Rahman on Rockstar to explain how words can sometimes be miscommunicated.
HT Entertainment··Kolkata
Mint Markets·
Photo: Mint MarketsJio Platforms’ IPO was subscribed 3.16 times on its first day, driven by strong institutional demand. Qualified Institutional Buyers (QIBs) subscribed 9.42 times, Non-Institutional Investors (NIIs) 1.68 times, employees 1.36 times, Reliance Industries Limited (RIL) shareholders 1.46 times, and retail investors 0.73 times. The IPO subscription was open until October 23.
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