Explained: Why IBM stock crashed 25% in one day, worse than Black Monday 1987
25% down. Worst day in 115 years. $67 billion gone. IBM's own CEO admitted they "did not adapt and move quickly enough." This is the story of what actually broke.
Large parts of Mumbai reported a power outage on Monday morning.
SNS | New Delhi | October 12, 2020 2:32 pm
Vodafone. (Photo: iStock)
Vodafone India and IBM cancelled a planned media briefing on Monday after a massive power outage in the megapolis, a PTI report said.
As per the source quoted by the news agency, the media interaction with the senior officials of both the companies was slated to be held on Monday afternoon.
Advertisement
Large parts of Mumbai reported a power outage on Monday morning, due to a technical failure.
Advertisement
Advertisement
25% down. Worst day in 115 years. $67 billion gone. IBM's own CEO admitted they "did not adapt and move quickly enough." This is the story of what actually broke.
According to Vi, the Bombay High Court has also directed the return of bank guarantees furnished to the DoT after it levied one-time spectrum charges for radio spectrum holdings beyond 6.2 MHz.
Further solidifying its market leadership as the No. 1 and the most preferred digital service provider, Reliance Jio continued its dominance in Odisha with over 54 per cent market share in adjusted gross revenue (AGR) in the quarter ending on December 31, 2025.
Advertisement
