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BusinessThe Securities and Exchange Board of India (SEBI) is considering suspending the Closing Auction Session (CAS) system for one year. The CAS has caused significant volatility in the final moments of trading, troubling F&O traders. While SEBI is not planning to end CAS permanently, this temporary suspension aims to address the issues caused by sudden price fluctuations during CAS.
News18Hi Business·
SportsAfter winning nine medals, including five golds, at the Aichi-Nagoya Asian Games, India's top archers are set to compete in the Archery Premier League (APL) Season 2 starting October 8 in Hyderabad. Seventeen-year-old Kumkum Anil Mohod made history with an individual gold, while Jyothi Surekha Vennam and Sahil Rajesh Jadhav also secured golds. The league features 48 archers across six franchises, competing in recurve and compound events with a 15-second shot clock.
News18 Sports··Hyderabad
WorldA woman from Maine, Sarah Whitty, has grown a 170-pound giant marrow zucchini, breaking both the US and North American records. Last year, her 162.5-pound zucchini was disqualified due to a small split. This year, she protected her plant from a Noreaster storm and heavy rain, successfully claiming the record.
Economic Times·
BusinessA 23-year-old Delhi content creator, Upasana, revealed earning ₹1.12 lakh in September through six brand collaborations, including a ₹15,000 UGC deal. This was her highest monthly income since starting content creation 1.5 years ago. She has nearly 14,000 Instagram followers. Upasana quit her ₹60,000-a-month job at 22, returning to her parents' home to pursue content creation full-time.
Mint··Delhi
PoliticsBJP leader Ram Madhav, appointed as Tamil Nadu State in-charge, participated in a meeting with party functionaries at the BJP State unit office in Chennai. The meeting included State president Nainar Nagenthran and other officials. Co-in-charges Nirmal Kumar Surana and D.K. Aruna also attended. BJP plans events on October 7 to celebrate Prime Minister Narendra Modi's 25 years in public service.
The Hindu··Chennai
BusinessSchneider Electric has agreed to acquire PTC for $22.6 billion in cash, a move approved by PTC's board. The deal highlights shifts in the software industry driven by artificial intelligence. Schneider Electric will finance the acquisition through debt and new share issuance, offering a significant premium over PTC's recent share price.
ET Markets·
News18Hi Business·
The Securities and Exchange Board of India (SEBI) is considering suspending the Closing Auction Session (CAS) system for one year. The CAS has caused significant volatility in the final moments of trading, troubling F&O traders. While SEBI is not planning to end CAS permanently, this temporary suspension aims to address the issues caused by sudden price fluctuations during CAS.
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