ENTRY EXIT SYSTEM
European Union sues IBM and two European companies over troubled border system: Report
The European Union has initiated legal proceedings against IBM, Atos, and Leonardo for delays in the Entry/Exit System. EU-Lisa reported these delays occurred during the system's development, not affecting its operation. The consortium was awarded a contract in 2019 for implementation and maintenance. In a letter from October 2021, the companies contested a fine imposed on them. They cited external factors like the COVID-19 pandemic as reasons for the delays.
Anthropic wants to create new billionaires through its IPO, but American voters are growing tired of Big Tech's wealth explosion
Anthropic is preparing for a significant IPO amid growing public resistance to AI-related infrastructure projects. Investors are discussing a valuation between $1 trillion and $1.5 trillion for the Nasdaq listing. Communities express concerns over environmental impacts and rising electricity costs linked to data centres. Public sentiment is shifting against technology companies, raising questions about economic benefits versus local costs.
Premji Invest goes big on strategic output & tech
Premji Invest and Singularity AMC are likely to lead a $30-40 million round in Sanlayan at a valuation of about $200 million, according to the people. Separately, Premji Invest is in advanced talks to lead Hical’s first institutional funding round of $30-40 million, alongside TVS Capital.
Bengaluru's Blue Line promises cheaper airport rides, but Tamil Nadu's stone transport ban poses a hurdle; check latest update
Bengaluru blue line news: Restrictions imposed by Tamil Nadu on stone transportation have significantly affected construction projects in Bengaluru. Contractors executing the Namma Metro Blue Line are experiencing material shortages, which are delaying works. The ban has also led to substantial price increases for construction materials due to limited supply options. As a result, many truck operators and suppliers are facing difficulties in their operations.
Odoo 20 strengthens business operations with deeper India-specific compliance features
Odoo 20 has launched several updates designed specifically for Indian businesses. These updates focus on enhancing GST compliance, payroll processing, and accounting workflows to meet local demands. The integration of AI facilitates improved data handling and analysis in everyday operations, ultimately boosting productivity.
As crypto markets mature, technical analysis moves to the core of investor strategy
Crypto investing has evolved from hype-driven participation to a focus on technical analysis and structured decision-making. Investors are now using tools to analyze price movements and market trends effectively. Technical analysis helps investors remove emotions from trading and create a repeatable system for decision-making. Additionally, many traders combine technical analysis with fundamental research to inform their investment choices.
NDMC proposes hike in parking fees across Lutyens’ Delhi, 100% surcharge on cash payments
New Delhi Municipal Council plans to increase parking fees for vehicles in Lutyens' Delhi. Off-street and on-street parking tariffs will see significant hikes along with monthly pass costs for cars and two-wheelers. A 100% surcharge on cash payments aims to promote digital transactions among motorists. The proposal includes upgrading parking facilities with advanced technology to facilitate digital payments.
IAF to showcase 100 aircraft at Varanasi air show, 15-20 lakh spectators expected
The air show, organised to mark the 94th anniversary of the Indian Air Force (IAF), will showcase its operational capabilities, technological strength and aerial combat skills. Aircraft such as Rafale, Sukhoi-30MKI, MiG-29, Mirage 2000, Jaguar and indigenous light combat aircraft are expected to participate.
JIO IPO & Rs 10 lakh crore: Mukesh Ambani added 13 zeros to Dhirubhai’s dream
Jio Platforms will begin subscriptions for its IPO on October 21 and it will conclude on October 23. The record-breaking IPO could see valuation exceed Rs 10 lakh crore.. This IPO forms part of Jio's broader strategy to lower its debt and advance corporate goals. How the company navigates this phase will impact where it goes from here.
School Assembly News Headlines, October 15, 2026: Check national, international, business, sports updates and thought of the day
In today's national news, the Delhi High Court has requested the Centre to address concerns over biometric Aadhaar authentication for LPG subsidies. Meanwhile, the Cockroach Janata Party is organizing protests in Delhi following the police detainment of activists. The chief of the International Monetary Fund has emphasized the urgent need for affluent countries to address escalating global debt.
Can HD Fire Protect IPO deliver long-term growth for high-risk investors?
HD Fire Protect is set to generate ₹712 crore through an offer for sale, marking a pivotal moment in their funding strategy. Following the IPO, the promoter group's share will drop to 85%, down from the current 100%. Renowned for their fire protection solutions, they export over a third of their revenue internationally.
Rahul Gandhi says President Murmu sought proof of ‘election chori’ after INDIA bloc submits memorandum against CEC Gyanesh Kumar
INDIA bloc leaders, including Congress president Mallikarjun Kharge and Rahul Gandhi, met President Droupadi Murmu regarding electoral concerns. They demanded the resignation of Chief Election Commissioner Gyanesh Kumar over alleged vote theft. The President requested evidence to support their claims about electoral irregularities. Following the meeting, Kharge indicated the opposition is compiling evidence for future submissions. Congress MP Priyanka Gandhi criticized the government's approach towards their protests and marches.
'Prepare for the storm': Delhi top cop urges restraint ahead of CJP protest
Delhi Police's Joint Commissioner emphasized the need for restraint and discipline ahead of the anticipated protest. The Cockroach Janta Party has called for demonstrations demanding the resignation of the Chief Election Commissioner. Additional security personnel will be deployed to maintain public order during this time. Liquor shops will be closed on October 9 and 10 to ensure safety. Metro services will also adjust operations in response to expected crowd movements.
Delhi govt to inspect 100 PGs, considers mandatory CCTV backup under proposed rules
Delhi government is set to inspect 100 suspected PG accommodations over the next three days. The proposed regulations include mandatory CCTV cameras with 40-45 days of recording backup for safety. An online portal will track student accommodations, providing essential information on housing conditions. A sub-committee will review legal restrictions affecting PG operations near educational hubs. The High-Powered Committee intends to finalize a regulatory framework by assessing reports after Dussehra.
Man shows interest in Bengaluru PG as a potential tenant, gains access to room and allegedly steals two laptops, two chargers and ₹10,000 cash
Bengaluru PG theft news: A man pretending to be a tenant in a Bengaluru paying guest accommodation stole two laptops and cash. After agreeing to pay monthly rent, he left the owner claiming he needed rest. The owner returned to find the room ransacked and immediately alerted the police. The investigation is ongoing, with nearby CCTV footage being reviewed for further leads. Authorities warn PG owners to verify tenants and ensure compliance with regulations.
'Broken, corrupt system is eating up lives': CJP to begin 'Jail Bharo Aandolan' from Mumbai today
Cockroach Janta Party plans to initiate a nationwide protest starting in Mumbai demanding the resignation of Chief Election Commissioner Gyanesh Kumar. The movement aims to highlight the perceived undermining of the electoral process and the right to vote. Party spokespersons emphasize the necessity of ensuring a level playing field for the youth of India. They anticipate a peaceful protest while expecting full cooperation from the Mumbai Police.
India to mandate facial scans for airport staff, fast-track full-body scanners after Flydubai incident
India will make facial recognition mandatory for airline and airport employees and expedite full-body scanner deployment at eight major airports as part of tighter aviation security measures. BCAS said airport entry passes will be digitally controlled, while civil aviation officials said scanners have reached three airports and will soon be installed at five more.
October 2026 rule changes: No PUC, no fuel, higher Mumbai tolls, UPI charges and 4 more updates
October 2026 brings seven rule and policy changes that could affect motorists, businesses and consumers across India. The updates include Delhi’s no-PUC, no-fuel rule, higher toll rates for commercial vehicles entering Mumbai, UPI charges on certain merchant payments, revised ATM limits for some bank customers, Aadhaar authentication for subsidised LPG and new NPS charges.
ChrysCapital to take minority stake in Linux laboratories
Linux Laboratories has secured $70 million in equity funding from ChrysCapital and Tata Capital Healthcare Fund III. This investment involves both primary capital and a secondary purchase, marking Tata Capital Healthcare Fund II's full exit. The funding will help Linux deepen its presence in existing specialties and expand into new therapeutic areas.
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