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Infosys reported an 11% annual rise in quarterly revenue but lowered its annual revenue growth guidance to 1%-2% for FY27. Despite stable operating margins, Infosys ADR fell over 7% in pre-market trading, reflecting investor concerns.
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The 8th Pay Commission may impact Dearness Allowance (DA) calculations if it follows previous methods. Learn what the 5th, 6th, and 7th Pay Commissions did regarding DA and what changes are expected now.
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The Maharashtra State CET Cell has published the NEET UG Stray Round 2 seat allotment for MBBS and BDS courses. Candidates must check their allotment and report to the allotted college by October 24, 5:30 PM.
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IIIT Bangalore and Poland’s AGH University of Krakow have signed an agreement to collaborate on research and academics in artificial intelligence, quantum technologies, and emerging fields. The partnership promotes joint research, academic exchanges, and international mobility for students and faculty.
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On October 23, the SENSEX fell by 125.56 points to 73,123.83, and NIFTY50 dropped by 87.65 points to 22,600. Key losers included Shriram Finance and Adani Enterprises, while Eternal and Apollo Hospitals led gains amid volatile market conditions.
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The Bombay High Court rejected a private medical college's plea to conduct its own MBBS counselling rounds during Maharashtra's NEET UG 2026 admissions. The court allowed manual counselling only after centralised rounds and advised approaching the Supreme Court if seats remain vacant.
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Infosys reported a 6% annual rise in net profit to ₹7,823 crore in Q2, with revenue growing 11% annually to ₹49,244 crore. The company cut its revenue growth guidance for the year but maintained operating margin targets.
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GIFT City and IIM Bangalore are organizing the National Finance Olympiad 2026 for postgraduate students across India. Registration closes on October 31, 2026. The competition focuses on real-world financial challenges related to GIFT IFSC and includes multiple stages and regional finals.
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IIT Madras assistant professor Anil Kumar Singh contributed to a global study demonstrating how electrical current can control single-molecule rotation, potentially boosting electricity flow and aiding future nanoscale electronics development.
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Infosys announced an interim dividend of ₹26 per share with a record date set for November 3, 2026. The payment will be made on November 11, 2026, following the company's latest financial results.
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Tata Motors' commercial vehicle segment reported a 42% revenue increase to ₹23,930 crore in Q2 FY27. EBITDA rose 31% to ₹2,800 crore, while the EBITDA margin slightly declined by 90 basis points to 11.7%. Profit before tax grew 51% to ₹2,700 crore, and profit after tax reached ₹2,100 crore.
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Godrej Properties reported a 13% increase in total income to ₹3,912 crore in H1 FY27 but saw net profit drop 50% to ₹504 crore. The company achieved record sustenance sales and expects strong growth in the second half of FY27.
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During India's 2026 festive season, e-commerce order volumes rose 31% while average spending per order fell 10%. Smaller cities drive this growth with more frequent but lower-value purchases. Smartphones lose momentum as prices rise, shifting spending to smaller-ticket items.
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Adani Power's net profit more than doubled to ₹6,919 crore in Q2 FY27, with revenue rising 45% to ₹19,439 crore and EBITDA increasing 60%. The company secured major power agreements and saw strong growth in power sales amid rising demand in India.
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JSW Steel reported a three-fold increase in net profit to ₹5,279 crore in Q2 FY27, with revenue rising 21% and EBITDA up 42%. The board approved a 5 MTPA capacity expansion at Sambalpur and the creation of a UAE subsidiary.
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On October 23, the Indian stock market declined for the fourth straight session with the Sensex falling 126 points. Rising crude oil prices above $114 per barrel and weak performances in FMCG, oil and gas, and consumer durable sectors influenced the market. Shriram Finance was the biggest loser among stocks.
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IIT Hyderabad invites applications for Ph.D. admission in January 2027. Apply online by November 10, 2026, 5 PM. Check eligibility, departments, important dates, and FAQs here.
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The CMAT 2027 exam is scheduled for February 7, 2027. Candidates should watch for the official notification from the National Testing Agency to learn about registration dates, application fees, eligibility, and exam details. Stay updated at cmat.nta.nic.in.
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