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telcos will likely present a united demand before the regulator that new satcom players pay market-determined prices for spectrum – the single biggest capex item for telcos – when they compete with terrestrial network providers. Telcos have collectively spent `5.5 lakh crore to acquire this spectrum. Global biggies such as Elon Musk-owned Starlink and Amazon’s Kuiper are eyeing broadband services in India. Multiple people aware of developments told ET that Reliance Jio, Bharti Airtel and Vodafone Idea will be demanding that if satcom players are allowed to offer services in urban areas, serving retail or enterprise customers, a level playing field with terrestrial networks must be ensured.

Reliance Retail has tapped several expatriates with retail experience from Europe, US and South Asia in a bid to streamline its grocery supply chain operations, enhance the online fashion business Ajio and improve margins, two industry executives said. Some of these expats have also been entrusted to coach a pool of young Indian leaders for a top leadership succession planning exercise started recently by the retail business of Reliance Industries Ltd, the executives said. At least five chief executives at Reliance Retail in their late 50s and 60s may move to mentoring roles as advisors or superannuate over the next few years. The initiatives at Reliance Retail come at a time when brick-and-mortar retailers, including Reliance, and Avenue Supermarts Ltd—the owner of DMart retail chain—are facing intense challenges in grocery retail from quick commerce platforms in large cities amid a subdued demand environment.

drones, helicopters, and sniffer dogs searched the upper reaches of Gulmarg in northern Kashmir on Friday. The officials said another army man injured in the attack in Bota Pathri area of Gulmarg on Thursday afternoon succumbed to injuries. As of now, three army men and two porters of the army were killed and two others injured in the attack when unidentified gunmen opened fire at an army vehicle. Officials say the People's Anti Fascist Front, an offshoot of Jaish e Muhammad, claimed responsibility and posted an unverified photo of the scene on social media. While the operation continues, officials are tight-lipped regarding ground updates on Friday. Four or five infiltrators assaulted the army vehicle. A senior officer claimed sniffer dogs directed to the Shranz water canal, where assailants may have gone. This is the fifth Kashmir Valley attack in three weeks, killing 14 people-four army men, seven non-local labourers, and three locals.

Patrolling, which had been blocked since April 2020, will resume on the Depsang plateau by the end of this month as the disengagement process with China in Eastern Ladakh will be completed by October 28-29, Army sources said, adding that the process has begun to dismantle temporary structures that had been created after the border flare-up. «Troops from both sides will fall back to positions they held pre April 2020 and will patrol to areas that were patrolled till April 2020. Regular ground commanders meetings will continue to be held,» sources said, explaining that the modalities of patrolling have been identified and a particular strength of patrol parties will be sent by each side.

Mercedes-Benz will step up cost cuts after earnings halved in the third quarter hit by tepid demand and fierce competition in China, it said on Friday. The carmaker cut its full-year profit margin target twice during the third quarter, joining a growing number of European rivals blaming a weakening Chinese car market for falling profits and margins. Union Investment, which according to LSEG is among the 30 top investors in Mercedes, called on the management to amend its strategy as it sees no market for 2 million luxury cars any longer.

China's top legislative body will hold a highly anticipated session in Beijing on November 4-8, the week of the US presidential election, as investors watch for any approval of fiscal stimulus to revive the slowing economy. The once-every-two-month gathering of the Standing Committee of National People's Congress will review a State Council report on financial work, along with a slew of draft laws on mineral resources, energy and anti-money laundering, the official Xinhua News Agency reported Friday. The published agenda doesn't specifically mention any plans for fiscal stimulus, although a previous decision to raise budget deficit mid-year in 2023 was disclosed only after lawmakers approved it.

Cillian Murphy Has Changed Cillian Murphy's hair transformation has completely changed his appearance. While attending a recent premiere of an upcoming historical drama in which he stars, the Oppenheimer actor undoubtedly attracted attention by sporting a brand-new hairstyle, as quoted in a report by Parade. On Thursday, October 24, Murphy, 48, flaunted the new hairstyle in pictures taken at the London premiere of Small Things Like These at The Curzon Mayfair.

Turkey on Friday dismissed reports that India had opposed its entry as a BRICS partner country at the group's just-concluded Kazan Summit. A day earlier, a report had appeared in a German daily alleging that India had opposed Turkey's entry into the BRICS partner mechanism. Ankara's dismissal of the report came in an official statement. The news report also preceded German Chancellor Olaf Scholz's three-day official visit to India which began on October 25.

Nvidia dethroned Apple as the world's most valuable company on Friday, following a record-setting rally in the stock powered by an insatiable demand for its new supercomputing AI chips. Nvidia's stock market value briefly touched $3.53 trillion, while that of Apple was $3.52 trillion, according to data from LSEG. In June, Nvidia briefly became the world's most valuable company, before it was overtaken by Microsoft and Apple. The tech trio's market capitalizations have been neck-and-neck for several months. Microsoft's market value stood at $3.20 trillion.

U.S. election. According to the model, Trump has a 24.4% probability of claiming all seven swing states, while Vice President Kamala Harris has a 15.6% chance. Silver's analysis also suggests that if Harris wins every swing state except Arizona and Georgia, she could still win the election. However, this scenario has only a 1.7% likelihood of occurring. The forecast highlights that there is a 4.6% chance the Republicans will win all swing states except Nevada, where Harris currently holds a slight lead. In this case, Harris would secure 232 electoral votes, allowing Trump to win the presidency. Silver’s model emphasizes that Harris's best chances arise when she wins a combination of three to five battleground states. If she manages to secure Michigan, Wisconsin, and Pennsylvania, her chances of winning soar to 86.2%. Also Read :Wednesday Season 2: Expected release date, returning and new faces revealed

Assam’s Samaguri. The constituency which is going to by polls on November 13 has witnessed repeated clashes between BJP and Congress workers. Police said that one Bipul Saikia, who was seriously injured during the clash between the BJP and Congress workers at a Bormar Bhogamur area of Samaguri constituency, died at his residence at Bajiagaon on Friday.

divorce from Ben Affleck, Jennifer Lopez is treating a parade of attractive young men as medicine. Following in the footsteps of fellow diva Mariah Carey, Jennifer Lopez is rebounding with attractive young men for some carefree fun in an attempt to improve her mood following her divorce from Ben Affleck, as quoted in a report by In Touch. According to In Touch, she's already given the go-ahead for these hunks to be served up for her and auditioned. Even after Ben abandoned her, she remained incredibly respectful and devoted to him, but now everything is different.

Biocon founder Kiran Mazumdar-Shaw has urged the Karnataka government to hand over the contract for the upkeep of Bengaluru’s roads to Electronic City Township Authority (Elcita) after heavy rains over the last few days left many areas flooded and roads damaged. Elcita, a statutory entity with municipal powers with taxation powers, manages the 902-acre industrial township on Bengaluru’s outskirts that is home to more than 300 companies. Shaw, who is also the Executive Chairperson of Biocon, urged the government to give the contract to fix Bengaluru’s roads to Elcita, and not to the contractors of BBMP, the City’s civic body, in her posts on the micro-blogging platform X. She also used pictures of well-maintained roads in electronic city, one of which said, Elcita uses road metrics, an AI tool, to scan roads every fortnight for defects. This data allows them to fix issues quickly before they worsen.

Railway Board has initiated from October 23 a 15-day-long safety drive to inspect interlocking points and crossings across all rail networks in the country. In a written communication, the board has asked all railway zones and divisions to undertake the drive with a special emphasis on critical analysis of cases of derailment at these intersections in the last three years among other aspects. The drive was initiated almost a fortnight after a collision between a passenger and a freight train in Tamil Nadu. The incident is being investigated as initial findings hinted at an act of sabotage of the interlocking system or a possible mechanical defect in it. According to the board's letter, the officials should check if the interlocking points require frequent attention, their behaviour under the wheels of a train and also ensure the adequate availability of their components among other things.

Digital Public Infrastructure (DPI) is now part of global conversations around inclusive and scalable infrastructure, and its blueprint can offer others an opportunity to harness technology for improving the lives of citizens, according to experts. Primus Partners, in association with iSPIRT, organised a DPI roundtable that saw key stakeholders such as senior bureaucrats, diplomats, policymakers, industry leaders and thought leaders discussing India's leadership in advancing DPI and its crucial role in driving socio-economic transformation. Delivering keynote address, G20 Sherpa Amitabh Kant noted India's remarkable leap in becoming the voice of the Global South in DPI, and in achieving in 9 years what would have taken 50 years, otherwise. «This sentiment was echoed during India's G20 Presidency, where countries reached a common consensus that DPIs are essential for equitable development and to improve the lives of citizens, especially in the global south,» he said.

CNN town hall, Vice President Kamala Harris admitted she sometimes struggles to answer interview questions on the spot. When asked about her biggest weakness, Harris candidly explained that she often needs time to research specific policy issues to give a thoughtful response, rather than an immediate answer. Known for sometimes delivering what critics call “word salad” responses, Harris laughed as she acknowledged, “I may not be quick to have the answer… because I’m going to want to research it.”

Jharkhand Mukti Morcha (JMM) on Friday released its fifth list for the assembly polls, announcing former BJP legislator Lois Marandi as its nominee from the Jama seat. The list contained only the name of Marandi who had defeated Chief Minister Hemant Soren in 2014 from Dumka. She defected from the BJP after not getting ticket and joined the JMM on October 21 along with two other former legislators — Kunal Sarangi and Lakshman Tudu. Lois Marandi, a former minister, said it was «painful» to part ways with BJP after serving it for 24 years. «The BJP in 2014 scripted a historic win in Dumka, which was considered a JMM bastion. But it honoured the women who are brought to the party from outside and not those who dedicated their entire life for them,» she had said.

Donald Trump has been going quite strong in the US election race and it is understandable that he may be looking at various new ways to attack Kamala Harris and the Democrats ahead of the polls in November. However, he has now thought of a new slur to undermine the Biden administration's immigration policies, by claiming that America is like a 'garbage can for the world', a statement that has created a massive uproar, with many even standing by Trump for his words.

US election 2024 takes a detour from the swing state circuit to decamp to Texas on Friday as Kamala Harris rallies with pop superstar Beyonce and Donald Trump sits down with the world's biggest podcaster, as per AFP report. Friday's Houston show will mark Beyonce's first appearance with Harris, although the 32-time Grammy Award-winner has performed for Barack Obama and Hillary Clinton. Harris got permission to use the singer's anthem «Freedom» and it has been the leading soundtrack of her push for the White House. Both election candidates have sought to broaden their support by sidestepping traditional media in favor of podcasts and YouTube shows consumed by uncommitted young voters who could make all the difference in a tight vote.

European Investment Bank (EIB) has sanctioned a €300 million (approximately Rs 2,731.02 crore) loan for Bengaluru suburban railway network. This will finance development of a new suburban railway network covering four dedicated rail corridors in Bengaluru. The network will stretch over a total of 149 kilometres (km) and include 58 stations with two depots, an EIB statement said. EIB said it has already supported Bengaluru's transportation sector with a €500 million loan to build the 23 km Bengaluru Metro R6 line and purchase a fleet of about 96 metro cars. The EIB’s support for transport in India includes the financing of metro investment in Agra, Bengaluru, Bhopal, Kanpur, Lucknow and Pune, with a total of €3.25 billion committed since 2016. This makes India the largest beneficiary of EIB transport financing outside Europe.

DLF reported decline in new sales booking during July-September quarter due to delay in receiving the requisite approvals for launches. The company reported new sales bookings of Rs 692 crore against Rs 6,404 crore, during the previous quarter. DLF’s net profit stood at Rs 1,387 crore, which includes reversal of deferred tax liabilities of Rs 606 crore, pursuant to change in tax rate on longterm capital gain on enactment of the Finance Act, 2024