Top headlines: India summons Korean envoy; Airtel Q3 net profit declines 3%

Business Standard brings you the top headlines on Tuesday

Facing regulatory roadblocks, SoftBank drops sale of Arm to Nvidia

SoftBank Group Corp shelved the sale of Arm Ltd to U.S. chipmaker Nvidia Corp due to regulatory hurdles, the companies said, marking the collapse of what would have been a record deal for the industry valued at as much as $80 billion.

Arm named a new CEO on Tuesday who it said would help the British firm seek a public listing before March 2023. Read more here

PM says family-run parties biggest threat to democracy, slams Congress

Dynastic parties are the biggest threat to India's democracy, Prime Minister Narendra Modi said