Get ready for a busy Tuesday, October 25, as a host of important events unfold across various sectors. Here’s a rundown of what to watch out for:
Supreme Court’s Focus on NEET PG Transparency
The Supreme Court is set to hear petitions filed by students concerning the National Eligibility cum Entrance Test (NEET) PG examination. Students have raised concerns regarding the transparency of the results and the normalization process employed by the National Board of Examinations for Medical Sciences (NBEMS). The petitions, initially submitted on September 7, received a preliminary hearing on September 13 by a bench comprising Chief Justice D.Y. Chandrachud, Justice Manoj Misra, and Justice J.B. Pardiwala. The court’s decision on this matter could have significant implications for the future of NEET PG and the medical education landscape in India.
Shapoorji Pallonji Group’s Afcons Infra IPO Takes Center Stage
Afcons Infrastructure Limited (AIL), a prominent arm of the Shapoorji Pallonji conglomerate, is poised to make its debut on the stock market with its Initial Public Offering (IPO). Having successfully secured ₹1,621 crore from anchor investors, the IPO is set to open for bidding today, October 25, and will remain open until Tuesday, October 29. This move signifies a significant step for the company and is likely to attract considerable investor interest.
Q2 Earnings Season Continues: Key Companies to Watch
While many major companies across sectors and all of the IT services giants have already disclosed their financial performance for the second quarter (Q2), several others are still to release their Q2 results. Today, October 25, will see a flurry of announcements from notable companies like ITC, Adani Wilmar, Godrej Consumer Products, Colgate Palmolive (India), JSW Energy, Adani Total Gas, Patanjali Foods, Petronet LNG, United Breweries, ACC, Radico Khaitan, PNB Housing Finance, Bikaji Foods International, Castrol India, Cyient, LT Foods, and GMR Airports Infrastructure. Investors will be closely monitoring these earnings reports for insights into the financial health of these companies and broader market trends.
Karnataka Cabinet to Discuss Caste Census Report
The Karnataka government, under Chief Minister Siddaramaiah, is scheduled to convene a cabinet meeting today to discuss the caste census report. Earlier, leaders of the All India Veerashaiva Mahasabha had raised concerns about alleged ‘mistakes’ in the report and advocated for their rectification. The outcome of this cabinet meeting could have implications for the implementation and use of the caste census data.
Last Day to Apply for PM Internship Scheme
The deadline for applying to the prestigious PM Internship Scheme, which commenced on October 12, falls on October 25. The program offers aspiring professionals a valuable opportunity to gain real-world experience at top companies while receiving a monthly stipend of ₹5000 for up to 12 months. Over 193 companies, including prominent names like Maruti, Reliance Group, Deloitte, Hewlett Packard, and Mahindra, have already posted a total of 90,800 internship opportunities on the scheme’s portal. Young professionals eager to jumpstart their careers should make sure to apply before the deadline passes.
Today, October 25, promises to be a day filled with crucial developments across various spheres. From legal proceedings to IPO launches and corporate earnings reports, stay tuned for updates on these significant events.