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Politics

US Awards $24.4 Billion Contract to Accelerate SM-6 Missile Production

The Pentagon announced a $24.4 billion contract with Raytheon to speed up production of SM-6 missiles over five years, with two optional additional years. This move aims to replenish munitions depleted during the US-Iran conflict. The contract ensures long-term industry stability, expanding workforce capacity and securing supply chains amid strategic inventory shortfalls caused by Operation Epic Fury.

NDTV·

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Business

Anthropic IPO Expected in November with $2 Trillion Valuation

Anthropic PBC, the AI company behind Claude, plans to start marketing its IPO the week of November 9, aiming for a public debut by the end of the year. Despite being unprofitable, investors estimate its valuation could reach between $1.8 trillion and $2 trillion, raising eyebrows in the market.

Mint Companies·

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Politics

CJP Founder Dipke Briefly Detained at Marine Drive with Placards

Cockroach Janta Party founder Abhijeet Dipke was briefly detained at Marine Drive police station on Thursday after being seen holding placards with supporters. A police team, including a woman inspector, escorted him to the station where he was questioned about his identity and hometown. Dipke was released shortly after meeting senior officials. A video of the incident went viral on social media.

NDTV Business··Mumbai

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Sports

Captain Swayams Credits Savitha for India's Chess Olympiad Medal

In an exclusive interview, Swayams Mishra, captain of India's bronze-winning women's team at the Chess Olympiad in Samarkand, discusses his first full captaincy. He highlights the crucial role of Savitha Shri's match-winning performance and reflects on tough decisions involving player Vaishali during the campaign.

TOI Sports·

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Business

Kotak Bank's New CEO Anup Saha to Focus on Growth and Faster Decisions

Anup Kumar Saha has been appointed as the new managing director and CEO of Kotak Mahindra Bank. He inherits a balance sheet with strong capital stability but a lower return on equity compared to rivals. As an experienced consumer banker, Saha is expected to prioritize growth, retail lending, and improved execution at the private-sector lender.

Mint Companies·

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World

Global Events: Protests, Health Measures, and Cultural Gatherings

Protesters camp in Madrid's Puerta del Sol demanding action on evictions after an 87-year-old woman was evicted. In Dhaka, children gather as a man fumigates against mosquito-borne diseases like dengue. In Lamu, Kenya, donkeys transport sand after an oil refinery groundbreaking. In Canada, traditional Innu tents light up at a cultural gathering. Greece's Lake Koroneia is dried up, and priests perform Ganga aarti in Varanasi for Captain Smit Machchhar's recovery.

Deccan Herald·

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