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BusinessPhoto: Mint Companies

UBS Converts Warrants to Acquire 4.8% Stake in 360 One

Swiss bank UBS AG converted 20.5 million warrants into equity shares, acquiring a 4.8% stake in Karan Bhagat's wealth manager 360 One Wam Ltd. UBS paid ₹1,584 crore for the remaining 75% exercise price, totaling ₹2,112 crore for the warrants. The deal follows a 2025 strategic alliance where UBS transferred its Indian wealth management business to 360 One and agreed on a revenue-sharing model.

Mint Companies··Mumbai

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BusinessPhoto: ET Markets

Indian Bonds Fall Amid Oil Price Surge and RBI Rate Hike

Indian government bonds fell as benchmark yields rose above 7.45% on Thursday. Oil prices surged to $112.50 per barrel in Asian markets due to geopolitical tensions. The Reserve Bank of India increased its repo rate to 5.50%, signaling possible further hikes. Inflation worries are growing, with retail inflation expected to exceed the RBI's tolerance level.

ET Markets·

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PoliticsPhoto: News18 World

Early Voting Surges in Texas, Kansas, Ohio Ahead of US Midterms

Early voting in key US Senate battleground states has surged compared to the 2022 midterms, with Texas seeing a 74% increase and Kansas more than doubling its advance votes. Maine, North Carolina, and Ohio also reported over 30% rises in early voting. This surge reflects heightened voter engagement amid challenges facing Republicans, including discontent over Trump’s tariffs and rising fuel prices linked to the Iran war.

News18 World·

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SportsPhoto: TOI Sports

Brook Breaks Gill's Record for Fastest ODI Double Century

Brook scored a double century in just 114 balls during the final over of the innings, hitting a four off Janith Liyanage. He became the first England batter to achieve a double century in ODIs, breaking the previous record held by India captain Shubman Gill, who reached the milestone in 117 balls against West Indies last month.

TOI Sports·

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PoliticsPhoto: ABP Live Hindi

Supriya Sule Condemns Removal of Rehan Wadra's Protest Photos

Rehan Wadra, son of Priyanka Gandhi, faced controversy after photos related to Gen-Z protests were removed from his photo exhibition at Bikaner House, Delhi. Rehan accused the management of forcibly removing the photos. MP Supriya Sule criticized this act, defending Rehan's rights as an artist and emphasizing constitutional freedoms for expression and speech, calling the removal unconstitutional and wrong.

ABP Live Hindi··Delhi

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PoliticsPhoto: Hindustan Times

Chhattisgarh Police Issues Show-Cause Notice to Rajnandgaon SP Over AK-47 Firing

Chhattisgarh police headquarters issued a show-cause notice to Rajnandgaon SP Ankita Sharma after a video of her firing an AK-47 during a Dussehra weapon-worship ceremony on October 20 went viral. The incident raised concerns over safety protocols and possible violations of weapon-handling rules. Police officials are reviewing her explanation before deciding further action.

Hindustan Times··Rajnandgaon

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