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Get the appGetTata Motors has cleared a crucial shareholding threshold by securing over 80% acceptance from shareholders for its takeover bid of Italian truck maker Iveco. This move paves the way for Tata Motors to gain full control of Iveco in a €3.9 billion deal, aiming to strengthen its position in the global truck market.
WSJ·
BusinessPhoto: HT BusinessAnthropic, an artificial intelligence company, revealed in a Monday filing ahead of its planned IPO that it sees a potential $40 trillion annual market opportunity if it captures the entire demand. This estimate surpasses SpaceX's earlier $28.5 trillion market projection. The company did not explicitly state a total addressable market figure but highlighted the vast revenue potential in AI compared to other tech firms like Snowflake and Airbnb.
HT Business·
SportsPhoto: TOI SportsBhuvneshwar Kumar has returned to cricket after a four-year absence from the national team. He said he never actively chased the comeback, which helped him focus on his game. After the T20I series, he plans to play in domestic tournaments to evaluate future opportunities. He also praised Abhishek Sharma's impressive batting in a recent match.
TOI Sports·
EntertainmentPhoto: HT EntertainmentDiljit Dosanjh's concert at Jawaharlal Nehru Stadium in Delhi on October 30 will feature around 2,000 private security guards, a no-car zone, traffic curbs, and a pedestrian-only area to address security concerns. The Delhi Police initially withheld permission but later approved the event after discussions. Organisers will also coordinate parking and cab services to manage crowds and traffic during the Aura India Tour kickoff.
HT Entertainment··Delhi
WorldPhoto: News18Hi BusinessIndian Railways has instructed to keep mobile charging points in train coaches off for six hours at night to ensure passenger safety. This enforces a 2014 order strictly after incidents of power bank explosions during charging. Railway officials are directed to ensure compliance and conduct surprise inspections. Passengers are advised to charge their devices before night travel.
News18Hi Business·
PoliticsPhoto: HT WorldIn Lubbock, Texas, President Trump and Democratic Senate candidate James Talarico held competing rallies just three miles apart as part of their final campaign efforts before the midterm elections. Trump supported Republican Ken Paxton, warning against Talarico's policies, while Talarico criticized the political system and drew large crowds despite venue limits. Both aimed to secure voter support in West Texas.
HT World··Lubbock
WSJ·
Tata Motors has cleared a crucial shareholding threshold by securing over 80% acceptance from shareholders for its takeover bid of Italian truck maker Iveco. This move paves the way for Tata Motors to gain full control of Iveco in a €3.9 billion deal, aiming to strengthen its position in the global truck market.
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