Schools Financial News

Lavasa Corp, which was once touted as India's first private hill town project, have set an eligibility criteria of ₹100 crore net worth and a ₹25 lakh refundable deposit for new expressions of interest (EOIs) from prospective bidders as they try to find a buyer for a second time after junking the previous attempt earlier this year. The minutes of the meeting of the committee of creditors (CoC) held on September 17 show that 77% of lenders led by Union Bank of India (UBI) have agreed to a minimum criteria for bidders which is a change from the last time the process ran without any eligible criteria to «maximise participation» of applicants. «Besides this eligibility criteria, lenders also want to make certain changes with most likely a new resolution professional (RP) in place of Shailesh Verma and a process advisor to make way in place of Deloitte as both have been in charge for long and has presided over a what has been a failed process prior to this,» said a person aware of the matter. A joint lenders forum (JLF) called by UBI is expected to finalise timelines and appointment of a new RP as early as next week as lenders pick up the pieces after many twists and turns in the case.

JD Vance was denied entry to a Pennsylvania restaurant where he was scheduled to speak, leading to an impromptu gathering in the parking lot. The incident took place at Primanti Bros in North Versailles, Pennsylvania, where the Republican vice-presidential nominee was turned away after a staff member informed the press that no campaign events were allowed inside, as mentioned in a report by Yahoo News which quoted The Independent. The situation left Vance addressing his supporters outside, marking yet another mishap in his ongoing campaign struggles.

Minecraft live 2024 has unveiled Minecraft movie release date and cast details. Jason Momoa and Jack Black are playing pivotal roles in the film. «An updated approach to feature drops, exclusive insight into A Minecraft Movie, a new mysterious biome, Bedrock Edition Hardcore mode, Bundles of Bravery, a startling new mob… Goodness, there are LOTS highlights to catch up on from Minecraft Live 2024!» Collider reported.

Talk to the hukka-smoking elders playing cards in villages or those on their morning jogs in urban parks, the issue of migration of youth, especially through the 'dunki' route and drugs feature prominently. Dunki or the mule route, is the slang used to gain unauthorised entry into the US, UK, Canada and Australia. Angoor Devi, in her early 60s, at Narukhera village near Karnala asks her husband Chand Singh whether their son Vikas has called or not. Smoking a hukka, along with others from the village, Singh says he was still waiting for his call. A Jat, Singh who owns six acres, says the land he has is just sufficient for his entire family. «Aage ka bhi toh sochna pade hai, Yehi soch ke chora bahar chala gaya dunki mar ke (But we have to think about the future as well, that's why my son went abroad),» Singh says.

Union home ministry has extended the validity of FCRA registration for non-governmental organisations with pending renewal applications until December 31. The notice cautioned NGOs whose renewal application has been either denied or their FCRA licence cancelled from receiving or utilising foreign grants. In a public notice, the ministry said the validity of the registration of those FCRA entities whose validity had been extended till September 29 and whose renewal application is pending, will stand extended up to December 31 or till the date of disposal of renewal application, whichever is earlier. It also said the validity of those entities whose five-year validity period expire by October 1 to December 31, but have applied for renewal before expiry of the validity period, will stand extended up to December 31 or till the disposal of the application, whichever is earlier.

Tottenham piled more pressure on Erik ten Hag's position as Manchester United manager with a dominant 3-0 win at Old Trafford on Sunday. Spurs made a flying start when Brennan Johnson tapped in from Micky Van de Ven's storming run after three minutes. Tottenham should have added to their lead long before United were reduced to 10 men when captain Fernandes was shown a straight red card on 42 minutes.

Indian Premier League Governing Council (IPL GC) has increased the total salary cap for the 2025 season by 33% year-on-year to ₹146 crore, up from ₹110 crore in the 2024 season. The salary cap will rise further to ₹151 crore and ₹157 crore for the 2026 and 2027 IPL seasons, respectively. The total salary cap now includes the auction purse, incremental performance pay, and match fees. For the 2024 season, the total salary cup did not include match fees, which has just been introduced. The auction purse for the franchises has been set at ₹120 crore for IPL 2025. These decisions were made at an IPL Governing Council meeting held in Bengaluru on Saturday, where the Player Regulations for 2025-2027 were finalised. The IPL GC's decision followed a constructive dialogue with the owners of the 10 franchises in July at the Board of Control for Cricket in India (BCCI) headquarters.

Junior Doctors' Front (WBJDF) will take a decision on whether they need to resume their 'cease work' agitation after the Supreme Court hearing of RG Kar rape and murder case on Monday. This decision came after three doctors and three nurses were assaulted following the death of a patient at Sagore Dutta Hospital in North 24 Parganas district on Friday night. The Sagore Dutta Hospital medical students have already started 'cease work', following the attack. Junior doctor Aniket Mahato said, «After the SC hearing tomorrow, we have called for a cease work but it will also depend on the SC order. The government should give us basic facilities». Another doctor Debasish Halder said: «We will start cease work again and a more vehement protest.»

advanced light helicopter (ALH) programme, the chopper has been chosen to undertake offshore missions for Oil and Natural Gas Corporation (ONGC), beating several foreign competitors for the requirement to fly out personnel and equipment to oil rigs in the open seas. The helicopters will be operated by Pawan Hans Limited, which will initially place an order for 10, with the total requirement expected to cross 28 in the coming years. The order will open up a new civilian market for the Hindustan Aeronautics Limited (HAL) chopper that is extensively used by the armed forces, with over 340 of the machines flying all over the country — from naval ships to high altitude helipads on the northern borders. Sources said the bid by Pawan Hans, offering ALH for offshore missions, emerged as technically compliant and the lowest priced, and has taken major foreign suppliers who dominated the market in the past by surprise.

communal violence in Bhadrak, Odisha, said Satyajit Naik, DIG of the Eastern Range. Naik, along with police personnel, conducted a flag march in the Puruna Bazar area on Sunday. The Rapid Action Force (RAF) is also carrying out area domination operations to maintain peace. «We are conducting a flag march, and area domination will be performed by the RAF. The entire situation is under control. Section 144 has been imposed in this area, so we are doing the flag march to dominate the area. Seven persons have been arrested and taken to court,» the DIG said.

Pope Francis implored bishops not to cover up the sexual abuse of children, during an open-air mass on Sunday that capped a three-day visit to Belgium, which is still struggling with the legacy of past scandals. Gathered in bright morning sunshine, about 40,000 faithful, some waving Belgian and Vatican flags, packed the King Baudouin stadium north of the capital to hear the 87-year-old pontiff. «There is no place for abuse, there is no place for covering up abuse,» Francis said during a homily.

Donald Trump scrambled political norms. Democratic governor of Minnesota Walz made it to national prominence by labelling rival Republicans 'weird'. Republican junior senator from Ohio Vance has torn into Vice President Kamala Harris' party on immigration, notably by spreading a false story about Haitian immigrants in his home state that Trump then cited during his own debate with Harris. A nominee's choice of number 2 has historically made little Election Day difference. This year could be different.

Government bond yields are likely to soften further by the end of the fiscal, leading to an annualised savings of Rs 1,000-2,000 crore for the exchequer. Higher demand, especially from foreign portfolio investors, would help yields remain tamed, economists said, pointing to North Block’s second-half borrowing calendar published last week. The Centre’s gross borrowings for the second half of the fiscal have been fixed at Rs 6.61 lakh crore with the borrowing target for the entire fiscal being maintained at Rs 14.01 lakh crore, the central bank said last week. About 77% of the bond issuances will be for 10 years or higher tenure. «Given the favourable global and domestic backdrop, we expect a further downward bias in domestic yields, leading to a steepening bias in the yield curve,» Bank of Baroda economist Aditi Gupta said.

Jammu and Kashmir polls, the Congress on Sunday said Prime Minister Narendra Modi has still not answered the most fundamental question as to why he «failed» to restore full statehood to J&K. The opposition party also claimed that Prime Minister Modi will face a defeat «many orders of magnitude bigger» than the one he faced on June 4 this year when the Lok Sabha poll results were declared. The intense campaigning for the third and final phase of polling in the Jammu and Kashmir Assembly elections concluded on Sunday evening, with major political parties, particularly the BJP, Congress, NC and PDP, engaging in fierce exchanges over critical issues, including Pakistan, Article 370, terrorism and reservation. Voting for this crucial phase, covering 40 assembly segments across seven districts — Jammu, Udhampur, Samba and Kathua in the Jammu region and Baramulla, Bandipora and Kupwara in north Kashmir — is scheduled for October 1.

The Resident has experienced a resurgence in popularity on Netflix, sparking speculation about the possibility of a revival.

project investments. According to the data released by the ministry of commerce and industry the state was successful in attracting foreign direct investments worth $8.5 billion in the June quarter. While Karnataka was a distant third in attracting investments worth $ 2.3 billion and Gujarat was third with inflows worth $1.02 billion during the quarter. An analysis over a longer period shows that the pace of growth in such flows has slowed down in FY'2023-24 for Maharashtra posting a modest growth of 2 percent, while flows in states like Gujarat and Jharkhand posted an over 50 percent growth.

Bhajanlal Sharma gave approval for the Rajasthan Investment Promotion Scheme-2024 during a cabinet meeting on Sunday. Deputy Chief Minister Diya Kumari, while briefing the media about the decisions, said that the government aims to attract maximum investment for the Rising Rajasthan Global Investment Summit scheduled to be held from December 9 to 11. In this context, the cabinet approved the Rajasthan Investment Promotion Scheme 2024 (RIPS-2024), which she stated is the most attractive investment promotion scheme in the country in terms of incentives for investors. She said necessary provisions have been made in RIPS-2024 to attract investment.

Mehbooba Mufti, questioning her 'empathy' over the killing of the top Hezbollah leader Hassan Nasrallah, and termed it «crocodile tears». This came following Mufti cancelling her election campaign on Sunday for the third phase of the assembly polls in Jammu and Kashmir in «solidarity with the martyrs of Lebanon and Gaza, especially Hassan Nasarullah.» The former J-K Deputy Chief Minister further questioned the PDP chief on her silence on the «attacks and killings» of Hindus in Bangladesh and said that one should speak on the «lines of humanity.»

Rishi Sunak as Conservative Party leader and take his place in the House of Commons as Leader of the Opposition have thrown the spotlight on cutting immigration into the UK, with visas for Indians being singled out in heated debates. Against the backdrop of the launch of the Conservative Party conference in Birmingham on Sunday, former immigration minister Robert Jenrick singled out India as one of the countries that should be subjected to tough visa restrictions across all categories unless it takes back its nationals who enter Britain illegally. His closest contender, shadow housing secretary Kemi Badenoch, has also zeroed in on the same issue and condemned new migrants bringing their disputes from India to cause unrest on the streets of the country. «It is quite clear that there are many people who have recently come to this country who have brought views from their countries of origin that have no place here,» Badenoch told the BBC.

Uttar Pradesh Chief Minister Yogi Adityanath on Sunday reviewed the flood situation in the state’s 11 districts due to the water released from the mountains and bad weather conditions in the last three days. CM Yogi has directed all the officials concerned of the eleven districts- Kushinagar, Maharajganj, Lakhimpur Kheri, Ballia, Farrukhabad, Gonda, Kanpur Nagar, GB Nagar, Sitapur, Hardoi and Shahjahanpur, to ensure proper relief works. Senior officers have been asked to tour the flood-affected areas and keep a close eye on the ongoing relief works. Teams of NDRF and SDRF have been deployed in all the eleven districts. CM Yogi has directed officials to assess the damage done to the crops and subsequently, submit a report to the state government. According to a release, the government wants to provide compensation money to the farmers at the earliest possible. He has also directed the officials to give financial help to people whose houses have been damaged or who have lost their animals. Meanwhile, Relief Commissioner Bhanu Chandra Goswami said the relief operations are going on war footing in all the flood-affected 11 districts. According to him, five villages of Kushinagar districts are affected due to the flood in Gandak river. The government has set up 16-flood-shelters there. The total number of pre-positioned boats is 42 while one team of NDRF and one team of SDRF is deployed in the area. NDRF team rescued ten persons who were trapped in flood

HCLTech, Nitin Edwin Michael, passed away after suffering a cardiac arrest at the company’s Nagpur office, marking another incident around health concerns in a workplace. The 40-year-old employee collapsed in the washroom around 7 pm on Friday and was found unresponsive by colleagues, who immediately rushed him to the All India Institute of Medical Sciences (AIIMS), Nagpur, PTI reported. Unfortunately, doctors pronounced him dead upon arrival.