International Financial News

28.08 / 14:40

markets President students Universities Cycling Schools International SP Jain Group acquires California Miramar University

SP Jain Group has acquired California Miramar University (CMU), which will allow the group that runs business schools to offer artificial intelligence-related master’s and bachelor’s programmes to global students. The process to acquire the university had started in November last year and the all-cash deal is now through, SP Jain Group president Nitish Jain told ET over a virtual interaction. With the acquisition, the group now has access not only to AI courses and learning tools but also the US market, he said. The group has six campuses: Dubai (opened in 2004), Singapore (2005), Sydney (2012), Mumbai (2015), London (2023), and now CMU in San Jose, California. The group primarily has two flagship programmes: master of global business and executive MBA.

28.08 / 14:12

markets UPS Mobile Hyundai reports Features International Maruti Suzuki to launch six electric vehicles by 2031, first model set for early debut: Report

Maruti Suzuki’s dedication to achieving carbon neutrality, revealing that the company is actively exploring ways to accelerate the development of new technologies and products.The automaker is expected to leverage the technical expertise of Japan’s Suzuki Motor Corporation as it prepares to unveil its first-ever electric vehicle at the 2025 Bharat Mobility Global Expo, scheduled for January 17. This marks a significant step for Maruti Suzuki as it enters the electric vehicle market, albeit later than some of its competitors.The upcoming electric vehicle is expected to be based on the eVX concept, a compact electric SUV that has already been showcased in India and internationally.

28.08 / 14:09

FIVE Platform Action Diversity cover reports International Rival Exchange CoinSwitch Sues WazirX to Recover $9M in Trapped Funds

Jai serves as the Asia Desk Editor for Cryptonews.com, where he leads a diverse team of international reporters. Jai has over five years of experience covering the web3 industry.

28.08 / 13:07

Target Merit awards recommendations Relationships International Unmasking loopholes: How bank employees sell mutual funds without certification

insurance, is generally seen as easier. "People usually take two attempts to clear the NISM exam, whereas bank employees find it easier to pass the Irdai exam," said a relationship manager (RM) at a large bank, speaking on condition of anonymity. The challenge is compounded by the bank’s internal pressures.

28.08 / 12:18

markets UPS WhatsApp Trade Updates International Stock market update: Nifty Auto index falls 0.13%

Shares of Eicher Motors Ltd.(up 1.61 per cent), Bajaj Auto Ltd.(up 1.48 per cent) and Mahindra & Mahindra Ltd.(up 0.62 per cent) ended the day as top gainers in the pack.

28.08 / 11:59

UPS security Refugees War peace International What is the history of the Israel-Palestinian conflict?

Hamas have been waging war since gunmen from the Palestinian militant group in the Gaza Strip stormed into southern Israel on Oct. 7, killing 1,200 people and capturing 253 hostages, by Israeli tallies. Israel responded with a military offensive in Gaza in which more than 40,400 Palestinians have been killed, according to Gaza health authorities. The conflict is the bloodiest in a protracted conflict between Israelis and Palestinians that has rumbled on for seven decades and destabilised the Middle East.

28.08 / 11:53

markets UPS PTC KPI Updates International Stock market update: Power stocks down as market rises

Jyoti Structures Ltd.(up 3.18%), Power and Instrumentation(Gujarat)Ltd.(up 2.00%), Suzlon Energy Ltd.(up 1.89%), GE T&D India Ltd.(up 1.16%), Tata Power Company Ltd.(up 0.76%), India Power Corporation Ltd.(up 0.51%), Reliance Power Ltd.(up 0.49%), JSW Energy Ltd.(up 0.48%), KEC International Ltd.(up 0.46%) and PTC India Ltd.(up 0.36%) stood among the top gainers.

28.08 / 11:42

Provident Target MET wellness reports International Canada’s big banks lag on renewable energy investments

Canada’s financial institutions are falling short when it comes to the investment levels in renewables needed to reach net zero emissions, according to a new report.

28.08 / 06:52

Citi Election Research country rights International As the far right rises in eastern Germany, companies struggle to attract skilled foreign workers

As the far-right Alternative for Germany gains more power in eastern Germany, companies there find it increasingly hard to attract the skilled foreign workers they desperately need

28.08 / 06:13

markets COST UPS Trade track International Cement stocks: The next big opportunity?

MUMBAI : When we talk about sectors with potential, the Indian cement industry might not be the first thing that comes to mind. But if you’re looking for value and long-term growth, it’s a sector worth your attention. Despite recent challenges, such as slowing demand, falling cement prices and profitability pressures, the cement industry has a lot going for it.

28.08 / 06:01

UPS FIVE Football Omni International Sporting NFL owners newly endorse private equity stakes of up to 10% in teams by league-approved firms

NFL owners have approved a rule allowing private equity investors in their teams

28.08 / 05:48

Aviat Airlines President information reports Investigations International 2 workers killed and 1 injured in tire explosion at a Delta Air Lines facility in Atlanta

Two workers are dead and a third is seriously injured after a tire explosion at a Delta Air Lines maintenance facility near the Atlanta airport

28.08 / 05:17

country rock Courts Investigations Scandals International Powerful Chilean lawyer ordered detained on corruption charges in case shaking the country's elite

One of Chile’s most powerful lawyers has been ordered detained pending trial after being indicted on money laundering and tax fraud charges in a case that has rocked the country’s corporate and political elite

28.08 / 04:38

Merit Election country prevention rights Investigations International Chipotle may have violated workers' unionization rights, US labor board says

The National Labor Relations Board says Chipotle may have violated federal labor law in its treatment of employees at its only unionized store

28.08 / 04:32

FIVE Art awards students reports Equality International Tata's 130-year-old foreign education fund gets a relief as I-T tribunal reinstates its tax-exemption status

JN Tata Endowment (JNTE) for higher education abroad will continue to enjoy income-tax exemption, despite offering loan-scholarships for Indian students to study overseas, reported TOI. Founded in 1892 by Tata Group founder Jamsetji Tata, JNTE annually selects 90 to 100 students for merit-based loan scholarships. The scholarships span various disciplines, including applied sciences, management, and the arts, allowing students to pursue their studies outside India. As per JNTE’s official policy, scholars sign a seven-year agreement with the foundation, repaying the loan in five equal instalments between the third and seventh year. JNTE currently manages a corpus of Rs 200 crore.

28.08 / 04:22

markets Provident CEO Strategy Food Research International Philip Morris International is expanding a Kentucky factory making nicotine pouches

Philip Morris International has announced a $232 million factory expansion in Kentucky

28.08 / 04:22

COST UPS Boxing pandemic International High rents are forcing small businesses into tough choices like raising prices or changing location

While many costs have come down for small business, rents remain high and in some cases are still rising, forcing many owners into some uncomfortable decisions

27.08 / 23:06

markets UPS Enterprise hospital Updates International Stock market update: Power stocks down as market rises

Indo Tech Transformers Ltd.(up 5.00%), Neueon Towers Ltd.(up 4.92%), Inox Wind Ltd.(up 3.31%), NTPC Ltd.(up 3.21%), Power and Instrumentation(Gujarat)Ltd.(up 2.00%), Gujarat Industries Power Company Ltd.(up 1.73%), KEC International Ltd.(up 1.69%), Jyoti Structures Ltd.(up 1.69%), JSW Energy Ltd.(up 1.67%) and Tata Power Company Ltd.(up 1.09%) stood among the top gainers.

27.08 / 22:46

Ethereum Align Research community social reports International Vitalik Buterin Sheds Light on Ethereum Foundation’s 2023 Spending

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...

27.08 / 22:10

Blockchain security Universities reports Schools International Space and Time Secures $20 Million For Blockchain-AI Integration

Hongji is a crypto and tech reporter. He graduated from Northwestern University's Medill School of Journalism with a Bachelor's and a Master's. He has previously interned at HTX (Huobi Global),...

27.08 / 21:41

UPS awards 2020 Courts rights International Suraksha Group puts Rs 250 cr in Jaypee Infratech, gets Rs 3K cr loan facility to complete 20K flats

Suraksha Group has infused Rs 250 crore in Jaypee Infratech after acquiring it through insolvency process and has also arranged a Rs 3,000 crore loan facility, as it gears up to complete around 20,000 unfinished flats in Delhi NCR. Around Rs 1,000 crore cash is lying in the balance sheet of the Jaypee Infratech Ltd, which the bankrupt company has accumulated from real estate business and toll income of Yamuna Expressway that connects Greater Noida and Agra. According to sources, Suraksha Group has infused Rs 250 crore in Jaypee Infratech Ltd (JIL) as equity and debt after taking control of the latter in early June. JIL currently has Rs 1,250 crore fund, including Rs 1,000 crore internal cash and Rs 250 crore infusion from Suraksha group.

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