Schools Financial News

anganwadi coverage is high starting at age 3 and remains high till well after age 5. In others, private pre-schools dominate even in rural areas. In still others, government primary schools have included pre-primary grades.

macro uncertainties. Such contractual revisions can potentially erode margins at these companies, experts say. At least three top IT firms – Infosys, Tata Consultancy Services, and HCLTech spoke about either changes in the scope of clients’ contracts or passing productivity benefits to clients by doing the same amount of work for lower price in the last two quarters.

Elon Musk's decision to throw his vast fortune behind Donald Trump's presidential candidacy confirms the rise of a growing right-wing bloc in the traditionally liberal Silicon Valley. US media reports indicate that Musk and a group of tech investors are contributing to a Super PAC — a specially designed fund that can spend unlimited amounts on political candidates and causes.

process outsourcing units (BPO) are increasingly seeking to automate operations and artificial intelligence (AI) is helping companies save thousands of hours in manual work, said Prince Kohli, global chief technology officer of US robotic process automation company Automation Anywhere. “Intelligent automation uses AI and technologies like machine learning and robotic process automation to automate repetitive tasks, gather useful data and support informed decision-making,” Kohli told ET, adding that BPO clients are the company’s biggest supporters.

Musk took the comment section of the post and reacted with laughing-out-loud emoticon.Senator JD Vance is former US President Donald Trump’s running mate and Usha Chilukuri Vance is his Indian-origin wife. The couple was trending on social media. X users have been flooding social media with posts on Chilukuri’s Indian connection.

₹73,498 crore for FY24-25 for the department of school education and literacy. The allocation for higher education for FY24-25 was kept at ₹47,619.77 crore.

Gaza Strip on Tuesday, and Palestinian health officials said at least 57 people were killed in Israeli bombardments of southern and central areas. In Rafah, where Israeli forces have been operating since May, five Palestinians were killed in an airstrike on a house, Gaza health officials said. In nearby Khan Younis, a man, his wife, and two children were killed, they said. Later on Tuesday, an Israeli airstrike on a car killed at least 17 Palestinians and wounded 26 others in Khan Younis in southern Gaza, the officials said. The airstrike hit near a tented area housing displaced families in Attar Street in the humanitarian-designated area of Al-Mawasi, the health ministry said. The Israeli military said the strike targeted a senior militant of the Islamic Jihad group, an ally of Hamas.

Car services and repair platform GoMechanic, which was on the verge of collapse about a year-and-a-half ago, on Tuesday said it achieved operational profit in the June 2024 quarter under the new management. The company was acquired by Servizzy, a subsidiary of the Lifelong Group, in March 2023 after anomalies in its financial records were found under previous management and the firm was put on sale by the investors. Under the new management, GoMechanic has posted a revenue of Rs 210 crore in the financial year 2023-24 and a revenue of Rs 85 crore in the April-June 2024 quarter.

Delhi: The Directorate of Education (DoE) has announced an extension for the admission deadline for entry-level classes in private schools for children from economically weaker sections (EWS) and those with special needs. In a circular released on Monday, the DoE stated that the new deadline applies to entry-level classes — Nursery, KG, and Class 1 — for the 2024-25 academic session. This extension specifically affects two categories: Economically Weaker Section and Disadvantaged Group (EWS/DG) and Children with Special Needs (CWSN). Previously, the deadline was set for May 31, but it has now been extended to July 31, up until 1 pm.

«It was largely the 125cc segment that has maintained and despite that the company has reported that kind of growth in overall motorcycle sales,» says Abhishek Gaoshinde, Sharekhan By BNP Paribas. Help us with your first cut on the earnings of Bajaj Auto. How do you see the numbers versus your estimates as well as what was the standout point for you in the earnings and the press release? Abhishek Gaoshinde: Broadly what we can see that the numbers were in line with the estimate given that kind of a volume growth and the product mix that the company has reported.

NCLT) on Tuesday admitted edtech firm Byju’s parent company Think and Learn into insolvency over unpaid dues of Rs 158 crore related to sponsorship rights from the Board of Control for Cricket in India (BCCI). The tribunal has appointed Pankaj Srivastava as the interim resolution professional who will run the company until a Committee of Creditors (CoC) is constituted.

JD Vance is in the news for being chosen by former US President Donald Trump as his running mate. Details of the senator’s life, his illustrious credentials, and his 2016 social media posts, which criticised Trump has gained the Internet’s attention. Additionally, all eyes are on his Indian-origin wife Usha Chilukuri Vance. Business tycoon Anand Mahindra recently drew attention to the power couple. Taking to X, the Mahindra Group Chairman shared a picture of their wedding day and wrote, “There’s another Great Indian Wedding to celebrate…” (a subtle reference to the grand wedding of Anant Ambani & Radhika Merchant, which took place on Friday). In the picture, both Vance and Chilukuri are clad in traditional Indian wedding attire. The bride looks radiant in a white and gold wedding saree, while the groom looks dapper in a cream-coloured sherwani. The post has become viral on the microblogging site, gaining more than 273K views and 6.1K likes.

Donald Trump's vice presidential pick J.D. Vance has openly praised the work of Federal Trade Commission Chair Lina Khan, a sign that the agency's broad approach to antitrust enforcement could enjoy some level of support from a second Trump administration. Vance, a Republican U.S. senator from Ohio, joined the presidential ticket on Monday at the Republican National Convention in Milwaukee, where Trump officially became the party's nominee.

ride-hailing app Namma Yatri has raised Rs 92 crore ($11 million) in a funding round led by Blume Ventures and Antler. Tech giant Google was also among the investors who participated in this pre-Series A round. Parent company Moving Tech, a spin-off of Juspay, will use the funds in technology, R&D and boosting driver earnings.

Prateek Agrawal, MD & CEO, Motilal Oswal AMC, in auto space, the call is whether over some time, EV dominates or ICE continues to have a very significant market share. He thinks that over time, EVs would end up dominating and hence their portfolios are nearly zero on ICE and are with companies where they have not made such a large success of ICE but have a great potential of making it in the EV space. Agrawal says there are four-five auto companies that Motilal Oswal AMC is invested in as a house and those companies seem to be doing well, winning market shares and getting into newer spaces. Among renewables, “we like renewable chemicals and the wind and solar energy companies says Agrawal. The choices are very low and seem to be mostly in the panel's space where entry barriers are not there. Frankly, we miss the financiers completely.”

Micron was the first major company to sign up for the Indian government’s $1 billion Indian Semiconductor Mission when it announced a chip assembly plant in Gujarat last year at an overall investment of $2.75 billion. The firm, which builds memory products and is currently riding a generative artificial intelligence (GenAI)-led boom, having seen its market cap rise about 117% in the past year to $145.92 billion. Its chief business officer, Sumit Sadana, told ET in an interview that the company hopes to start the India facility by 2025 which will complement some part of its global sales given its AI led products are sold out till 2025. He also spoke about whether the exorbitant cost of AI products will come down, productivity gains, investing in India’s startup ecosystem and more. Edited excerpts: On Micron’s upcoming India facility

«I doubt there will be any major changes, except for the saying that there has been challenges for FD immobilisation, which may need a tinkering, but may not be a drastic change in taxes. But if there are any of those things which you are talking about, then there can be a negative repercussions for the market,» says Pramod Amthe, InCred Capital. What is your take on the markets in run-up to the budget because we have seen most of these counters or sectors actually be abuzz in anticipation of what is likely expected in the budget. What is your view? Pramod Amthe: In terms of budget expectations, clearly what we are looking forward is some amount of relief to come through for the middle class and also looking at the election side relief for rural segment or the rural markets either in the form of looking at some direction for MSP or to that extent relief on exports of agri commodities so that should also give us some hints about sustaining the rural recovery which has seen initial signs of turnaround in the March and June quarter. So, those are the factors which we would look forward to for the budget expectations.

Professional community platform LinkedIn is set to launch its video offering in India, to tap into the burgeoning opportunity in the short-form video market which currently is worth $5.5 billion. LinkedIn has observed a 60% increase in video uploads in India, compared with 45% globally, which has given it the confidence that video could open new frontiers of engagement on the platform related to knowledge sharing, career coaching and professional development, LinkedIn vice-president of product management Gyanda Sachdeva told ET.

J.D. Vance is Donald Trump’s pick for vice president, the former president announced on Monday afternoon. The senator, who became famous for “Hillbilly Elegy," a memoir about his hometown of Middletown, Ohio, has since blazed a political path for himself as a staunch conservative and Trump ally.

Donald Trump are still unclear two days after the shocking incident, but details about the gunman’s past are slowly starting to trickle in.Thomas Matthew Crooks of Bethel Park, Pa., was shot and killed by the Secret Service after he opened fire on Trump from a rooftop just outside the Pennsylvania venue where the former president was holding a rally. The barrage of gunfire killed an attendee and injured two men.The man who died was former fire chief Corey Comperatore, of Butler County, Pa.

Elon Musk and the European Union after the latter accused Musk-owned social media platform X (formerly Twitter) of violating its online content regulations around transparency and accountability. A back and forth between Musk and the European Commissioner ensued. Here’s an explainer on the accusations against X and what the two sides have been saying. Why is X’s blue check on the dock? The European Commission on Friday issued its preliminary findings based on an investigation initiated last year. It found X to be in breach of the Digital Services Act (DSA).