Blackstone is set to acquire nearly 10% stake in Federal Bank for Rs 6,196.5 crore, pending shareholder and regulatory approvals. This significant deal highlights a trend of Indian lenders attracting substantial private capital, fueling debate on the RBI's stance towards foreign strategic ownership in the banking sector.
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India clinched a dominant nine-wicket victory in the final ODI against Australia, thanks to Rohit Sharma's unbeaten century and Virat Kohli's fighting half-century. Pacer Harshit Rana's four-wicket haul restricted Australia to 236. Kohli also achieved a significant milestone, becoming the second-highest ODI run-scorer, surpassing Kumar Sangakkara.
Canada is witnessing a sharp rise in deportations of Indian nationals, impacting professionals and students. Nearly 2,000 Indians were removed in 2024, with numbers escalating. This crackdown, driven by immigration reforms, creates uncertainty for work permits, study prospects, and post-study opportunities, urging vigilance and proactive planning for those in Canada.
Internet sensation MrBeast, also known as Jimmy Donaldson, has ignited a frenzy with a picture alongside Bollywood titans Shah Rukh Khan, Salman Khan, and Aamir Khan in Saudi Arabia. His cryptic caption, "Hey India, should we all do something together?", has fans buzzing with speculation about a massive upcoming collaboration, potentially uniting global and Indian entertainment.
Meta's Superintelligence Labs, recently in the news for offering $100 million AI researcher packages, has now laid off 600 employees. Chief AI officer Alexandr Wang stated the move aims for agility and impact, with affected North American staff notified. Meta insists this doesn't signal reduced investment, vowing to continue hiring top AI talent to accelerate progress towards superintelligence.
Three young Afghan cricketers were among eight civilians killed in a reported Pakistani aerial strike, prompting Afghanistan to withdraw from an upcoming tri-nation series. The incident, occurring shortly after a ceasefire, has intensified tensions between the two nations. Prominent Afghan players have condemned the attack as barbaric and a heinous crime.
In a shocking incident near Nelamangala, Bengaluru Rural police have arrested three young men following the horrific gang-rape of a 27-year-old woman. The survivor recounted how five men, masquerading as law enforcement, forcefully invaded her home, brutalized both her and another woman, and stole their possessions.
An IndiGo flight from Kolkata to Srinagar, Flight 6E-6961, made an emergency landing in Varanasi due to a detected fuel leak. All 166 passengers and crew were safely evacuated without injuries. Airport operations have resumed as authorities investigate the cause of the leak.
In a startling turn of events, authorities in Madhya Pradesh have issued a statewide warning following the alarming discovery of worms in a government-provided antibiotic syrup intended for children. Health officials have immediately ceased the distribution of the implicated Azithromycin Oral Suspension and have launched an extensive investigation.
Prime Minister Modi celebrated Deepavali, linking it to national progress and Lord Ram's ideals of justice. He highlighted the eradication of Naxalism in several districts and praised economic reforms like the GST Savings Festival. PM Modi emphasized India's rising global influence and urged citizens towards self-reliance and unity, inspired by the festival's spirit of shared light.
A recent Blind survey challenges the long-held belief that only IITs and IIMs guarantee top-tier jobs. Data from 1,602 Indian professionals reveal that over a third of employees at leading tech firms like Apple, NVIDIA, and Zoho hail from Tier 3 colleges. The findings highlight a global shift: skills, perseverance, and demonstrable expertise increasingly outweigh institutional prestige in shaping careers.