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RELIANCE SELLS $1 BILLION OF FIBER TRUST'S UNITS TO WEALTH FUNDS: Reliance Industries Ltd. will raise 75.6 billion rupees ($1 billion) selling units in a trust that holds the Indian conglomerate's fiber-optic assets to two sovereign wealth funds. Abu Dhabi Investment Authority and Saudi Arabia's Public Investment Fund will each invest 37.8 billion rupees in Digital Fibre Infrastructure Trust, Reliance said in a presentation.
Image Credit: AP
2 of 14
TYPHOON GONI GAINS STRENGTH, SET TO HIT PHILIPPINES EARLY SUNDAY: Typhoon Goni is expected to hit the Philippines earlier than expected on Sunday as it continues to gather strength, according to the Philippine Tropical Cyclone Advisories website. The storm may be upgraded to a super typhoon in the next 12 hours and could make landfall in the eastern provinces of Catanduanes and Camarines early Sunday, the Philippine Atmospheric, Geophysical and Astronomical Services Administration said in its 8 am advisory. The typhoon was earlier predicted to reach the Philippines in the afternoon. The cyclone comes days after Typhoon Molave lashed the country, leaving at least 22 dead and causing at least 1.81 billion pesos ($37.4 million) of damage to crops.
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3 of 14
MAN HELD FOR DUPING PEOPLE THROUGH MULTI-LEVEL MARKETING SCHEME: The Economic Offences Wing of Delhi police in India busted a multi-level marketing racket with the arrest of the accused Tarun Trikha, who according to investigators has involved in cheating cases across several states in India.
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4 of 14
KANYE WEST GIFTS WIFE KIM KARDASHIAN HOLOGRAM OF HER LATE FATHER: Reality TV star Kim Kardashian West revealed that her rapper husband Kanye West has gifted her a hologram of her late father, Robert Kardashian Sr. Kim's father Robert, a lawyer, passed away in 2003, two months after being diagnosed with esophageal cancer, reports mirror.co.uk. Kim posted the hologram on Twitter and wrote: "For my birthday, Kanye got me the most thoughtful gift of a lifetime. A special surprise from heaven. A hologram of my dad. It is so lifelike! We watched it over and over, filled with emotion."
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5 of 14
INDIA RECORDS 48,268 NEW CORONAVIRUS CASES: India's coronavirus caseload stood at 8.1 million on Saturday, with 48,268 new cases being recorded in the last 24 hours, data from the health ministry showed. India has the world's second-highest caseload, behind only the United States, but new infections have seen a dip since September. Deaths rose up by 551, taking total mortalities to 121,641, the health ministry said.
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6 of 14
US STATE LEADERS RESIST STEPS TO CURB COVID-19: Even as a new surge of coronavirus infections sweeps the US, officials in many hard-hit states are resisting taking stronger action to slow the spread, with pleas from health experts running up against political calculation and public fatigue.
Image Credit: NYT
7 of 14
BIDEN, OBAMA MAKE A FINAL APPEAL TO MICHIGAN'S BLACK VOTERS: Joe Biden enters the final weekend of the presidential campaign with an intense focus on appealing to Black voters whose support will be critical in his bid to defeat President Donald Trump. The Democratic presidential nominee is teaming up with his former boss, Barack Obama, for a swing through Michigan on Saturday.
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8 of 14
ILLINOIS AUTHORITIES EXTRADITE KYLE RITTENHOUSE TO WISCONSIN: A 17-year-old from Illinois accused of killing two demonstrators in Kenosha, Wisconsin, has been extradited to stand trial on homicide charges, with sheriff's deputies in Illinois handing him over to their counterparts in Wisconsin shortly after a judge on Friday approved the contested extradition.
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9 of 14
ARMENIA, AZERBAIJAN VOW TO AVOID TARGETING RESIDENTIAL AREAS: Armenia and Azerbaijan promised Friday to avoid shelling residential areas amid the fighting over Nagorno-Karabakh, a pledge that follows a day of talks in Geneva even as Azerbaijani troops pushed deeper into the separatist territory. The two sides agreed they ``will not deliberately target civilian populations or non-military objects in accordance with international humanitarian law."
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10 of 14
‘RELIGIOUS CONVERSION JUST FOR SAKE OF MARRIAGE ILLEGAL’: The Allahabad High Court in India ruled that conversion of religion just for the purpose of marriage is not legal. The Court while dismissing a plea of a couple of different religions directed them to appear before the magistrate to register their statements. The couple had requested the court to intervene and direct their families to stop interfering in their married life. The Court denied intervening in the matter.
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11 of 14
IPL BETTING RACKET BUSTED IN MUMBAI, THREE HELD: The Crime Intelligence Unit of Mumbai Police and Crime Branch in India busted an IPL (cricket) betting racket and arrested three persons on Friday in Mulund West. A total of 41 mobile phones, SIM cards, a tablet, 2 laptops, WiFi routers, computer and Rs 1,88,500 were seized.
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12 of 14
SWEET SHOP LAUNCHES GOLD SWEET AHEAD OF FESTIVAL: A Surat-based sweet shop in the Indian state of Gujarat has launched a gold sweet named 'Gold Ghari' ahead of a popular festival. 'Gold Ghari' is a different version of ghari, a sweet dish from Surat. The shop owner Rohan said, "It is available at Rs 9,000 per kg. The normal ghari is available at Rs 660-820 per kg. Gold is considered a beneficial metal in Ayurveda. It has been three days since its launch. Demand is a little below expectation as market is sluggish. We hope it will get good response in the coming days."
Image Credit: ANI
13 of 14
MODI PAYS TRIBUTE TO SARDAR VALLABHBHAI PATEL: Indian Prime Minister Narendra Modi on Saturday paid tribute to Sardar Vallabhbhai Patel on his birth anniversary, at the Statue of Unity in Kevadia, Gujarat. The day is also observed as Rashtriya Ekta Diwas (National Unity Day) across the country. The Prime Minister also attended the 'Rashtriya Ekta Diwas' parade on this occasion.
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14 of 14
US JURY TELLS APPLE TO PAY $503 MILLION IN PATENT CASE: A jury in Texas on Friday decided that Apple should pay $503 million for infringing virtual private network technology patented by software security firm VirnetX. The legal battle between Apple and Nevada-based VirnetX involved data transmission security in devices such as iPhone, iPad and iPod Touch, according to court documents.
Image Credit: Bloomberg