Daily Update: Infosys Earnings, Dussehra Celebrations, and Weather Alerts
Infosys is set to share its financial results for the second quarter of FY24 and announce an interim dividend on October 12. The company’s board meeting will be followed by a call with investors to discuss the results. Before this announcement, Infosys closed its trading window on September 16.
2. Heavy Rainfall Warning
The India Meteorological Department (IMD) has issued a warning for heavy rainfall in ten states, including Tamil Nadu, Kerala, Karnataka, and Maharashtra, from October 12 to 16. A yellow alert has been announced for various regions, raising concerns about possible disruptions during Dussehra celebrations.
3. India vs Bangladesh: 3rd T20I Today
The Indian cricket team, led by Suryakumar Yadav, is ready to face Bangladesh in the third and final T20I match on October 12 in Hyderabad. India has already won the series with two victories, and they are looking to secure a clean sweep against Bangladesh.
4. Dussehra Celebrations Today
Dussehra, also known as Vijayadashami, marks the end of the Navratri festival and is a significant Hindu celebration. It represents the victory of good over evil, symbolized by Lord Rama's defeat of Ravana and Maa Durga's victory over Mahishasura. This year, Dussehra falls on Saturday, October 12, 2024, and the celebrations vary across the country.
5. Court Updates on Engineer Rashid
The Patiala House Court in Delhi has extended the interim bail of Sheikh Abdul Rashid, the President of the Awami Ittehad Party, until October 12. He is under investigation in a terror funding case and has been instructed to surrender on October 13.
Also read: PM Modi at East Asia Summit: Key Highlights and India's Growing Role
6. Bank Holidays
Due to the festival season, banks will be closed for up to four consecutive days in several states, including West Bengal, Assam, Sikkim, and Tripura. This is in line with the Reserve Bank of India's holiday schedule.
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