Kotak Mahindra Bank is exploring a takeover of smaller rival IndusInd Bank, people with knowledge of the matter said, a move that would create the nation’s eighth-largest financial firm by assets.

Uday Kotak, founder and chief executive officer (CEO) of Kotak Mahindra, is looking at the possibility of an all-stock acquisition, one of the people said, asking not to be identified as the talks are private.

With the first phase of Bihar Assembly Elections 2020 scheduled for October 28, the campaigning for the high-decibel polls will conclude on Monday evening.

To convince voters, several key leaders including BJP national president JP Nadda, JD(U) supremo and Bihar Chief Minister Nitish Kumar, Union Minister Smriti Irani, RJD leader Tejashwi Yadav, Lok Janshakti Party (LJP) chief Chirag Paswan will hold election rallies on Monday (October 26), in favour of their party and allies candidates.

Union Defence Minister Rajnath Singh on Sunday (October 25, 2020) reiterated that India is committed to ending the border row with China along the Line of Actual Control in Eastern Ladakh. He also expressed confidence in the Indian Army and said that no one will be able to take even an inch of our land.

Prime Minister Narendra Modi will inaugurate the National Conference on Vigilance and Anti-Corruption on October 27. The inauguration event which is scheduled fo 4:45 PM is based on the theme 'Vigilant India, Prosperous India'. The prime minister will take part in the event through video conferencing.

Organised by the Central Bureau of Investigation (CBI), the Conference coincides with ‘Vigilance Awareness Week’, and is held every year from October 27 to November 2.

The third phase human trial of indigenously developed COVID-19 vaccine 'Covaxin' will soon commence at the Institute of Medical Sciences (IMS) and SUM Hospital in Odisha.

IMS and SUM Hospital is in the list of 21 medical institutes selected across the country by the Indian Council for Medical Research (ICMR) where the third phase trial would be conducted. It is the only institute in Odisha which has been selected for the trial.

The national capital on Friday recorded 4,086 fresh cases of COVID-19, the highest single-day spike here in 34 days, while the death toll from the disease mounted to 6,189.

These fresh cases resulted from 58,568 tests conducted the previous day, pushing the infection tally in the city to over 3.48 lakh.

Democratic presidential nominee Joe Biden has said that if he is elected in the November 3 election, he will make Covid-19 vaccines free for all Americans.

Once we have a safe and effective vaccine, it has to be free to everyone -- whether or not you're insured, Xinhua news agency quoted Biden as saying during a speech in Wilmington, Delaware, on Friday.

A court here awarded death penalty to a man in connection with the rape and murder of a one-and-a-half-year-old girl in 2014.

Special judge (POCSO) Vijay Pal awarded the death sentence to Jitendra Singh on Friday, government counsel Vedpal Singh said.

With over 53,000 new cases reported in the last 24 hours, India's COVID-19 count on Saturday (October 24) crossed the 78 lakh-mark, while the death toll has topped the 1.17 lakh mark as well.

At 9:30 AM on this day, the COVID-19 tally in the country has reached 78,14,682 cases, which include 6,80,680 active cases; 70,16,046 cured, discharged, or migrated patients, and 1,17,956 deaths.

In the wake of the Covid-19 challenge, India and Myanmar have come together to collaborate on development of COVID-19 vaccine. The first round of discussion took place earlier this week. Top Officials from both sides held a virtual discussion on the possible joint production, distribution and supply of COVID-19 vaccine.

Officials from Department of Biotechnology, Ministry of External Affairs and Department of Public Health, Myanmar participated in these discussions.

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