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BusinessPhoto: Mint MarketsJio Platforms’ IPO was subscribed 22.19 times, with allotment expected on October 26. At the upper price band and post-issue share count, Reliance Jio is estimated to have a market capitalization of ₹10.30 lakh crore, potentially placing it among the top five companies on the BSE, while RIL will retain the top spot.
Mint Markets·
PoliticsPhoto: Economic TimesBrazilian Senator Flavio Bolsonaro and President Luiz Inacio Lula da Silva exchanged sharp criticisms during their final debate, focusing on the cost of living. Both sought to attract undecided voters ahead of a close runoff election. Bolsonaro attacked Lula's past and promoted his security and welfare plans, while Lula defended his minimum wage hikes and progress in reducing hunger in Brazil.
Economic Times·
SportsPhoto: Hindu SportTagenarine Chanderpaul, West Indies batsman and son of cricket legend Shivnarine Chanderpaul, acknowledges the pressure of living up to his father's legacy. Despite a promising start, Tagenarine has struggled to advance his Test career over four years. He embraces the challenge and focuses on becoming his own player rather than replicating his father's success.
Hindu Sport··Tarouba
SportsPhoto: HT SportsTroy Aikman, former Dallas Cowboys quarterback and ESPN broadcaster, is nearing a career decision as his ESPN contract ends. After 25 years in broadcasting, he is considering a front-office role, having consulted for the Miami Dolphins. Aikman is open to returning to the Cowboys if owner Jerry Jones initiates talks, despite doubts about the move's realism.
HT Sports··Dallas
BusinessPhoto: Mint CompaniesTata Motors has maintained its offer of ₹1,531 per share to acquire Italian truck maker Iveco. An investor holding 3.8% of Iveco's shares has expressed concerns that the bid undervalues the company. Tata Motors aims to purchase over 80% of Iveco's shares before the deadline, despite the valuation dispute.
Mint Companies·
BusinessPhoto: Deccan HeraldEntrepreneurs in Karnataka face significant delays and increased costs due to bureaucratic hurdles in acquiring industrial land. Ramesh Rao, a Bengaluru-based entrepreneur, experienced a price hike from Rs 64 lakh to Rs 1.28 crore per acre for land in Dobaspet, with legal delays and additional charges. Another entrepreneur, Mallesh, shifted to Andhra Pradesh after waiting two years for land in Karnataka, where prices were much higher. These issues highlight challenges for small industries in the state.
Deccan Herald··Bengaluru
Mint Markets·
Photo: Mint MarketsJio Platforms’ IPO was subscribed 22.19 times, with allotment expected on October 26. At the upper price band and post-issue share count, Reliance Jio is estimated to have a market capitalization of ₹10.30 lakh crore, potentially placing it among the top five companies on the BSE, while RIL will retain the top spot.
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