Schools Financial News
12.06 / 16:53
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The college scholarship secret hiding in plain sight: your last name
Derek Gatlin discovered the value of his last name during middle-school detention. A teacher urged him to get serious about school so he could land a special college scholarship. He wouldn’t need a 4.0 grade-point average, athletic accolades or a musical skill.
12.06 / 14:51
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Now bomb scare at Delhi museums, health institutes; nothing suspicious found
National Museum and Rail Museum, and two mental health institutes — IHBAS (Institute of Human Behaviour and Allied Sciences) and VIMHANS (Vidyasagar Institute of Mental Health, Neuro and Allied Sciences) — have received bomb threat e-mails, officials said on Wednesday. The officials said that nothing suspicious was found in the searches and later the calls were declared hoax.
12.06 / 14:51
12.06 / 14:27
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THIS 1,600- year- old- manuscript details childhood miracles of Jesus Christ. Papyrus fragment decoded
manuscript, over 1,600 years old, has been identified as the earliest known account of Jesus Christ’s childhood. The document had been stored in a library in Hamburg, Germany, for decades and was long believed to be insignificant. However, as per the reports of 'New York Post', two experts have now decoded the text and revealed that it is the earliest surviving copy of the Infancy Gospel of Thomas.
12.06 / 14:27
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Agritech startup DeHaat posts 40% rise in FY24 operating revenue, halves loss
Agritech startup DeHaat on Wednesday reported a 40% increase in operating revenue to Rs 2,700 crore in FY24, while cutting its losses by half.
12.06 / 13:21
12.06 / 13:21
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India a hotbed for startups and key market for Google Cloud: global sales head
India is a hotbed for global startups and one of the key global markets for Google Cloud, said a top company executive here on Wednesday.
12.06 / 12:05
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Japanese meditech Olympus Corporation to establish R&D and offshore development centre in Hyderabad
Olympus Corporation, the Japanese medical technology major, on Wednesday said it will establish a Research & Development (R&D) Offshore Development Center (ODC) in Hyderabad.
12.06 / 12:05
12.06 / 10:27
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CIPL bags Rs 114 crore IT infra maintenance project from Indian Oil
CIPL on Wednesday said it has secured a Rs 114-crore project from Indian Oil Corporation Limited (IOCL) for the comprehensive maintenance of IT infrastructure of the public sector petroleum major. The contract will be carried out over a period of three years, starting from June 2024 and ending in May 2027.
12.06 / 10:27
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EdTech firm moves SC, challenges award of grace marks to over 1,500 candidates in NEET-UG, 2024
EdTech firm 'Physics Wallah', Alakh Pandey, has moved the Supreme Court against alleged random award of grace marks by the National Testing Agency to over 1,500 candidates who took the controversy-ridden NEET-UG, 2024 for admissions to MBBS, BDS and others courses. The top court had said on Tuesday the sanctity of the National Eligibility-cum-Entrance Test-Undergraduate (NEET-UG), 2024 has been affected and sought responses from the Centre and the National Testing Agency (NTA) on another plea seeking holding of the examination afresh on grounds of alleged question paper leak and other malpractices.
12.06 / 10:27
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Power, energy & real estate will continue to be big themes going ahead: Aniruddha Sarkar
«If I talk about the whole India story, as if it is a kind of you can say the Hollywood movie, I think the month of May was kind of a break wherein you had all sort of noise which kind of was an intermission in the whole India story which was unfolding,» says Aniruddha Sarkar, Quest Investment Advisors. Who will blink first in your view, the market or the investors. Everybody was expecting further lows, but it is not obliging the bulk of the participants, market. I would say that, obviously when you have all the noise around the election and the last couple of months, it was actually a very excellent time for the long-term investors because all the noise that gave so much good opportunity to enter into some of the good companies at such valuations which was not visible for the last six-seven months. So, having said that, I think if you look at the flow of the money of domestic investors, the answer to your question is that definitely the domestic investors have understood that on the panic days you deploy. In fact, it is very encouraging to see that on the date of the election results, the domestic fund flow was almost like massive, 22,000 crore, which was I would say was kind of a humongous number. So, having said that, I would say definitely FII money will come back.
12.06 / 08:55
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Rubrik reports 38% rise in revenue for Q1; net loss expands eightfold
IIT alumni founded cybersecurity enterprise firm Rubrik, which went public in April, reported its maiden quarterly earnings on Wednesday after the listing. The company reported a 38% year-on-year jump in revenue to $187.3 million for the quarter ended April 30.
12.06 / 08:43
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Job creation and social spending to be key focus areas for NDA 3.0: DK Joshi
«The economy right now has buffers to offset some of the global headwinds that could take place. And from here we do see economy slowing a bit because the central bank has been raising rates and the purpose behind raising rates is to tame inflation and the route to taming inflation is via growth,» says DK Joshi, Chief Economist, CRISIL. Just wanted to get in your take as to what, according to you, have been some of the key highlights, especially when it comes to the overall GDP growth at 8.2% under her tenure and how do you see that now given that there is stability, there is continuity with Nirmala Sitharaman at the helm? Well, the economy has done much better than expected. The GDP growth from the first advance estimates till the provisional estimates got revised from 7.3% to 8.2%. It is not only the GDP, the other factors such as the sustainability of this growth, it critically hinges on the infrastructure build-out that government has carried out. One of the key factors behind growth has been investment. Consumption is relatively weak, which we expect will pick up in 2024-2025 as the monsoons become normal. So, the supply side of the economy has got focus in the last five years and that is creating an upside potential to the economy.
12.06 / 08:43
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Andhra Pradesh schools to reopen from tomorrow, June 13. Here are important updates about books, kits and syllabus
Andhra Pradesh schools are gearing up to reopen their doors for the 2024-25 academic year, with classes set to commence on Thursday, June 13. Originally slated to resume on June 12, the reopening date has been pushed back due to the swearing-in ceremony of Nara Chandrababu Naidu as the new Chief Minister of the state, scheduled for the same day. Consequently, the state education department has declared Wednesday a holiday for all schools, with classes now slated to resume on Thursday.
12.06 / 08:43
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TS TET Result 2024 Announced: Here is direct link, how to download scorecard, what's next
TSTET Results 2024 today, June 12, 2024. Aspiring candidates can now access their Telangana TS TET Result 2024 by visiting the official website tstet2024.aptonline.in.
12.06 / 07:43
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The Rise of Build-to-Rent Communities: A solution to America's housing crisis?
More than half of Americans can’t afford to buy a home because of high mortgage rates and low supply of housing. Some developers are cashing in on a solution to this problem; build-to-rent homes.
12.06 / 06:05
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Updates
TS TET Result 2024 Live Updates: Teacher Eligibility Test scores to be OUT soon at tstet2024.aptonline.in
TS TET Result 2024 Live Updates: The Department School Education, Telangana is set to release the results of the state-level Teacher Eligibility Test (TS TET 2024) today, June 12. Candidates who appeared for TS TET 2024 exam can check their scores on the official website at schooledu.telangana.gov.in or tstet2024.aptonline.in.
12.06 / 02:59
12.06 / 02:39
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International
Premiumisation & long haul two best bets for IndiGo: Jinesh Joshi
"Indigo's current international ASKM share is anywhere between 25% to 30% and with this new Airbus order, which they placed some time back, the plans are to kind of expand their wings internationally as well," says Jinesh Joshi, Prabhudas Lilladher. I would not ask you which is your favourite airline. But I would definitely tell you that I was pretty intrigued to see the latest announcement from IndiGo saying that now they are working on kind of ensuring the wanderlust of citizens, especially the Gen Z is taken care of in the form of affordable long haul. They have already announced a kind of a business class as well. So, this is a transformation of the business model which is happening. I am not even going in the direction of big orders which they have placed. So, this transformation, as they move slightly higher, affordable long haul, longer routes overseas which was up till now completely captured by overseas airlines and even business class, will it improve their yields meaningfully in the years to come? Definitely they are taking baby steps towards premiumisation.
12.06 / 02:39
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consolidation
Will market get into consolidation mode ahead of Budget? Mahantesh Sabarad answers
«Actually, within the power sector, if you look at the distribution companies, then I would say that they have been simply overvalued. Power Grid romping ahead into the overvaluation territory is clearly visible,» says Mahantesh Sabarad, Independent Market Expert. Will you use this dip as a buying opportunity on the likes of IndiGo and Honasa? Both these companies have very profitable outlook. So, generally a dip should mean that one can take a bite of these companies. But, if I look at IndiGo, you are entering the lean season right now and therefore one needs to be a little careful when it comes to the airline stock. As far as Honasa is concerned, they are in for a little tough competition ahead. So, one would rather wait out what the management would like to say post these dips, post these equity changes, etc, to really make more sense of it. As it is the overall market seems to be a little shaky right now and therefore we might have an effect on these two stocks.
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