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Business

Reliance Shares Offer Cheaper Access to Jio Platforms Post-Listing

Reliance Industries Ltd. shares trade at about a 36% discount to the value of its two-thirds stake in Jio Platforms, according to analyst Nimish Maheshwari. This discount is typical for parent companies as shareholders get indirect exposure to subsidiaries. Experts suggest a sustainable discount around 25%, similar to Bharti Airtel’s holdings. Reliance’s future monetization of Jio could create significant shareholder value. Jio may target a ₹11 lakh crore valuation in its upcoming IPO.

Mint Markets··Mumbai

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Politics

CEC Gyanesh Kumar's Z+ Security Strengthened Amid INDIA Bloc Protests

Chief Election Commissioner Gyanesh Kumar's Z+ security has been enhanced following protests by the Opposition INDIA bloc against the SIR electoral roll revision. Demonstrations occurred near his Delhi residence and his family home in Agra, leading to a new threat assessment and increased protection measures.

Mint·

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Entertainment

Anupam Kher Mourns Nana Patekar's Death from Cardiac Arrest

Veteran actor Nana Patekar passed away at 75 due to cardiac arrest, prompting tributes from the film industry and politicians. Anupam Kher, currently in Washington, DC, shared an emotional video recalling fond memories with Nana, expressing grief and tears. He described Nana as larger than life with a big heart and said the news was especially painful being far from India.

HT Entertainment··Washington

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Technology

Jio to Develop Affordable Technology for Billions in India

At India Mobile Congress in New Delhi, Reliance Jio Chairman Akash Ambani outlined the company's unique strategy to support India's growing internet and digital services usage. He emphasized the need for India to develop its own technology infrastructure, termed the 'Indigenous Technology Stack,' to meet the country's specific needs beyond just providing fast networks.

News18Hi Business··New Delhi

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Science

Margaret Hamilton, NASA Apollo Software Pioneer, Dies at 90

Margaret Hamilton, an American scientist and computing pioneer who led the development of the computer system for NASA's Apollo lunar program, died at age 90 on September 30. She taught at MIT from 1959 to the mid-1970s. Olivier de Weck of MIT praised her as a trailblazer in software engineering, leading a team to create one of humanity's most complex systems during the Apollo missions.

Hindu Science·

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Politics

Christa Pike's First Words After Surviving Botched Execution

Christa Pike, the first person believed to survive lethal injection during an execution, woke up after six days on life support following a botched execution attempt in Tennessee. Her first words were "Where am I?" and "Who are you?" Her lawyer described her as angry and confused. Pike was sentenced to death for the 1995 murder of Colleen Slemmer and faces a long recovery, unable to move her arms.

HT World·

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