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    Fairfax's Rs 52,878-crore IDBI Bank deal sets stage for a financial services powerhouse

    Fairfax Financial Holdings has successfully acquired a controlling stake in IDBI Bank for Rs 52,878 crore. The investment aims to redefine IDBI Bank as a comprehensive financial services provider in India and abroad. Fairfax plans to integrate its existing insurance and capital market businesses into IDBI Bank to enhance its offerings. The acquisition reflects Fairfax's strategy of leveraging IDBI Bank's infrastructure for greater market competitiveness.

    At China’s big import fair, sellers try to crack a tough market

    At the China International Import Expo in Shanghai, a plethora of international firms exhibited their products tailored for the growing Chinese consumer market. Emphasizing the importance of cutting-edge technology and skilled craftsmanship, businesses recognize the fierce local competition, with Chinese manufacturers enhancing their capabilities.

    Why American Airlines drops 8 international routes for 2027 despite 5 flights still filling around 80% of seats

    American Airlines international route cancellations 2027: American Airlines is dropping 8 international routes from its 2027 schedule, including flights to Paris, Brisbane, Doha and Zurich. Surprisingly, five of the affected services were still filling around 80% of their seats in the first half of 2026. Weak demand, Middle East hostilities and rising fuel costs are among the factors behind the changes.

    Ramayana submitted for Oscars 2027: Ranbir Kapoor, Yash's film enters Academy race despite India's official entry. Here's how

    Nitesh Tiwari’s Ramayana: Part 1, starring Ranbir Kapoor, Yash and Sai Pallavi, has reportedly been submitted for consideration at the 2027 Oscars. The film can independently enter the Academy race despite Gondhal being India's official entry. It must meet the Academy's eligibility rules, including theatrical screening requirements. The film also features Sunny Deol and Ravie Dubey.

    A fake smile might cheer you up. Why did ten people feel more irritated when it came from their boss?

    Researchers asked about 1,200 people to smile at pictures or react naturally. A single posed smile gave some participants a small lift. Repeating it under pressure changed the result.

    Russia, US extend Diwali wishes to people in India

    "Warm Diwali greetings to all our dear friends in India. light never diminishes by sharing; rather, it only increases. I believe that this very spirit of mutual respect, goodwill, and trust will continue to strengthen the friendship between India and Russia. May this auspicious festival of Diwali bring new hope, happiness, peace, and prosperity into your lives. Happy Diwali to you all," he said.

    The Economic Times
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