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BusinessPhoto: ET MarketsSFC Environmental Technologies has launched its Rs 667.53-crore IPO, combining a fresh issue of 45.45 lakh shares worth Rs 150 crore and an offer for sale of 1.57 crore shares valued at Rs 517.53 crore. Existing shareholders will sell shares through the OFS, while the company will receive funds from the fresh issue. The IPO has a 9% grey market premium.
ET Markets·
PoliticsPhoto: The News MinuteKarnataka Chief Minister DK Shivakumar accused an industrialist of attempting a sting operation on him and Kerala CM VD Satheesan using Meta smart glasses. The visitor wore the glasses during meetings with the Congress leaders but not with BJP or NDA state leaders. Shivakumar grew suspicious when the discussion shifted from business to politics and election strategies. No evidence has been publicly shared, but precautionary measures are in place.
The News Minute·
BusinessPhoto: Business StandardMicrosoft announced a Voluntary Exit Offer (VEO) on October 26, allowing eligible employees in India, the US, the UK, and Canada to voluntarily leave the company with financial support and career planning resources. The program targets employees at job level 70 and below, providing flexibility and workforce adjustment without compulsory layoffs, building on a previous Voluntary Retirement Programme.
Business Standard·
PoliticsPhoto: Times of IndiaBeatrice Keul, former Miss Swiss, alleges that Donald Trump raped her during a press luncheon at the Plaza Hotel in 1993. She was promised US visa support and educational opportunities but felt lost and afraid. Shortly after, Jeffrey Epstein contacted her with similar offers and invitations to exclusive parties.
Times of India·
BusinessPhoto: Deccan HeraldThe Indian rupee depreciated by 7 paise to 95.22 against the US dollar in early Tuesday trade, affected by high crude oil prices, geopolitical tensions, and a stronger US dollar ahead of the Federal Reserve's policy decision. Despite some recovery due to likely RBI intervention, the rupee faced pressure from foreign fund outflows and weak domestic equity markets. It opened at 95.17, briefly improved to 95.11, then declined to 95.22.
Deccan Herald··Mumbai
PoliticsPhoto: Hindustan TimesKarnataka Election Commission officials stated that 61,059 Form 7 applications were auto-generated by the electoral system during the Special Intensive Revision process. These forms, digitally signed by Electoral Registration Officers, lacked specified grounds for deletion as voters marked "ineligible" could not be contacted during hearings. Form 7 is used to object to or delete names from the electoral roll. The issue arose just before Karnataka's final electoral roll publication.
Hindustan Times·
ET Markets·
Photo: ET MarketsSFC Environmental Technologies has launched its Rs 667.53-crore IPO, combining a fresh issue of 45.45 lakh shares worth Rs 150 crore and an offer for sale of 1.57 crore shares valued at Rs 517.53 crore. Existing shareholders will sell shares through the OFS, while the company will receive funds from the fresh issue. The IPO has a 9% grey market premium.
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