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Vinod Mohitkar has been appointed as the first pro-vice chancellor of Dr Babasaheb Ambedkar Technological University (BATU), Lonere. His role aims to improve exam processes, results, and academic quality at the university starting October 12, 2026.
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Equity mutual fund inflows increased by 31% to ₹38,307 crore in September 2026, driven by strong interest in small- and mid-cap funds. Gold and silver ETFs also saw notable gains, reflecting diverse investor confidence across market segments.
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The RRB Section Controller Exam 2026 is scheduled for October 12 and 13 to fill 119 vacancies. Learn about the exam pattern, admit card download, reporting instructions, negative marking, and selection process to prepare effectively.
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On October 12, 2026, the Sensex fell by over 500 points and the Nifty50 traded below 22,400 amid foreign investment outflows and RBI policy changes. Key stocks like Meesho, Poonawalla Fincorp, and DMart showed notable activity during the session.
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Tech Mahindra shares dropped sharply due to a sell-off in US telecom stocks, liquidation of a Polish subsidiary, and anticipation of upcoming quarterly results. The company’s communications business and global telecom developments are key factors influencing investor sentiment.
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Swaraj Engines reported a 21% increase in net profit and a 26% rise in revenue from operations for Q2 FY27. The company recorded strong engine sales and stable operating margins, reflecting steady demand in the diesel engine market.
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IIT Kanpur has started its largest fundraising campaign to raise $1 billion. The funds will support research and infrastructure in cybersecurity, medtech, drones, quantum tech, and more. The campaign aims to enhance faculty salaries and expand campus facilities over the next 2.5 years.
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The Kotak Education Foundation has selected 1,000 Class 11 students from economically disadvantaged families in Mumbai for the Kotak Junior Scholarship 2026. Each student receives Rs 73,500 over 21 months along with mentorship and academic support to continue education through Class 12.
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On October 12, 2026, major banking stocks including SBI, ICICI Bank, and HDFC Bank declined due to the Reserve Bank of India's new liquidity curbing measures. The Nifty Bank index dropped 1%, reflecting investor concerns over increased cash reserve ratio requirements and upcoming government bond sales.
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Coal stocks at domestic power plants remained above 18 million tonnes in early October as the rate of depletion slowed significantly compared to September, supported by increased coal loading and supply efforts.
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Bonfiglioli Transmissions, a leading power transmission component maker, will open its ₹2,534 crore IPO for public subscription from October 15 to October 19, 2026. The issue price band is ₹558-586 per share, with shares listed on BSE and NSE on October 23.
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Sahajanand Medical Technologies has set its IPO price band between ₹327 and ₹344 per share. The IPO is an offer for sale of 1.38 crore shares by promoters and investors, with no fresh shares issued. The subscription opens on October 15 and closes on October 19, 2026.
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IIM Lucknow has introduced a two-year MBA program for family business owners with a minimum turnover of Rs 20 crore per annum. The course prepares next-generation leaders to manage succession, governance, and growth of family enterprises. Applications close December 31, 2026.
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Gold and silver prices dropped on October 12, 2026, before the Dussehra festival. Learn about today's 24K and 22K gold rates, silver prices, MCX futures, and city-wise rates to help festive buyers make informed decisions.
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India's draft National Steel Policy Vision 2047 aims to expand crude steel capacity to 604 million tonnes, increase per capita steel consumption to 302 kg, and boost exports to 45 million tonnes by 2047, focusing on sustainability and technological advancement.
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Canara HSBC LIC reported a 7% year-on-year increase in net premium income for Q2 FY27 and approved a ₹287.5 crore fund raise via non-convertible debentures. The insurer showed strong profit growth and asset management gains amid a dynamic market.
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Tata Power's renewable energy arm increased utility-scale project execution by 130% year-on-year in Q2 FY27, with over 2 GW of projects expected in H2 FY27, including solar, wind, and battery storage systems.
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Meesho's shares jumped 5.48% after the first day of its Mega Blockbuster Sale 2026 saw a 75% year-on-year increase in orders. The surge highlights strong festive demand and growing reach in smaller cities across India.
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