Schools Financial News

ANI that last time 27 schools had a 100% result. "This time 127 schools registered the same result. 1034 students registered A1 grade and 8983 students registered A2 grade." From Lajpore jail, a total of 9 students appeared for the Class 12 exams, all of whom have cleared the exam, leading to a pass percentage of 100%.

Barron Trump, the youngest child of former U.S. president Donald Trump, will make his political debut as one of Florida’s delegates to the Republican National Convention.

Hisashi Takeuchi, MD & CEO, Maruti Suzuki, says: We are also focusing on SUVs and introduced a series of SUVs last year. But this year, we have to revamp this hatchback also because we cannot keep the same model for such a long time.” On launching a premium hatchback in times of SUVs Hisashi Takeuchi: This new Epic New Swift, has a new design done from scratch, but it still holds the iconic DNA of Swift in the overall exterior as well as interior designs. But at the same time, we put one of the best engines into this. This is a new Z-Series engine. This is the biggest change of this car. This new Z-Series engine has a better fuel efficiency and less CO2 and even better drivability for Swifts at the same time. So, this is the biggest change of this car.

acquisition activities, with several small and midsize firms announcing deals in the past four months in segments ranging from consulting and startups to engineering services, data and analytics. Most of them are making acquisitions to strengthen their capabilities so that they do not miss out when the demand for technology spending, especially in discretionary projects, returns, say analysts. Big IT firms such as Infosys, HCLTech, Wipro and Cognizant too have announced M&A deals in recent months, but the numbers were fewer compared with their smaller rivals.

generative artificial intelligence (gen AI) proofs of concept (PoCs) in India went into production in fiscal year 2024, according to estimates by consulting firm EY India. Additionally, 15-20% of domestic enterprises and 30-40% of global capability centres (GCC) of multinationals have rolled out gen AI PoCs, EY's analysis of the last two quarters showed.

Freshworks founder Girish Mathrubootham attributed a recent slide in the Nasdaq-listed company’s stock price to market anxiety regarding the impact of the artificial intelligence (AI) wave, dismissing the leadership transition or acquisition announcements that the company made last week as the possible reasons. “The reaction was quite surprising for us. We did not expect it to be so drastic. We understood from investors and analysts that the whole SMB (small and medium-sized businesses) pressure in the customer service market actually got our investors thinking if Freshworks is going to be disrupted by AI,” Mathrubootham said.

Fintech startup Zeta, which builds technology backend for banks, has launched a new stack to support credit line-based transactions on Unified Payments Interface (UPI). Zeta cofounder Bhavin Turakhia expects credit disbursals on UPI to touch a trillion dollars by 2030, and Zeta wants to process 50% of those transactions, he told ET. The firm will work as a technology service provider (TSP) for financial institutions.

Indian studios working on complex games that require heavy investments — so far the sole domain of international publishers like Krafton and Garena — are seeing increased interest from investors, helped in part by fast-maturing consumer and talent cohorts. These studios are working on midcore and hardcore games, which generally have higher complexity compared to casual games like Ludo and require a higher level of involvement and time commitment from the player. In India, the most popular games in this genre — like Battlegrounds Mobile India (BGMI), FreeFire, Call of Duty and Fortnite — are all from international publishers such as Krafton, Garena, Riot Games and Epic Games. Such games are often rated AA or AAA, which signifies their high development and marketing values.

study conducted in the US, it has been found that 90 per cent of the adults over the age of 20 are at a high risk of developing a heart disease. This does not mean that 90 per cent of the US Population has full blown heart disease but it only means that they are susceptible to developing conditions which quicken the onset of heart diseases, as per a report on NBC News. Researchers used a model which identified high risk population using the strong links between the heart and those who had obesity, diabetes, cardiovascular issues and Kidney diseases. While it is well known in the medical circles that those who suffer from any of the above mentioned conditions, do develop a susceptibility towards a heart disease, research has only confirmed this.

engineering major Larsen & Toubro (L&T) hit a two-month low of Rs 3,290, falling 6% on the BSE on Thursday after the company cut its margin guidance. However, the company is not only bullish on its engineering, procurement, and construction business, but also green energy. R Shankar Raman, president, whole-time director & CFO, L&T, tells Kalpana Pathak, the company will build its own green ammonia plant at Deendayal Port, Kandla, Gujarat. Edited excerpts: The street has given a thumbs down to L&T's earnings. Comment.

Venturi Partners has bought a 5.12% stake worth $27 million in Peak XV Partners-backed edtech startup K12 Techno Services in a secondary share sale. The Singapore-based firm acquired the stake in a partial exit from Navneet Learning, a subsidiary of education-linked content provider Navneet Education Limited.

security incident to the company. Narrating his grievance social network forum Reddit, the employee said, “I reported a security incident in TCS where my manager was making employees use their personal laptops and sharing login credentials.”

insurance company Digit is set to hit the public markets on May 15, looking to raise Rs 1,125 crore through a fresh issue of shares and an offer for sale of 54 million equity shares. The initial public offering (IPO) comes almost two years after the firm filed its draft prospectus with the markets regulator in August 2022. Digit had attained a private market valuation of $4 billion in May 2022.

₹225 crore ($27 million), according to a joint statement from the companies. However, the firms did not disclose other financial details of the transaction. K12 Techno Services is the operator of the Orchids International school chain.

Kerala Directorate of Higher Secondary Education (DHSE) on Thursday announced the class 12th results today May 9. Students who appeared for the exams can check results on its official website at keralaresults.nic.in. Once announced, students who appeared in the Class 12 examination can check and download their scorecards from the official website — keralaresults.nic.in.

Uber has more than 1 million drivers in India, chief executive Dara Khosrowshahi said during the ride-hailing platform’s March-quarter earnings call. India is the third country behind the US and Brazil to reach the 1-million-driver mark.

CGBSE Class 12 Toppers List:

Karnataka School Examination and Assessment Board is anticipated to imminently unveil the Karnataka SSLC Result 2024. Upon its release, candidates who sat for the Karnataka Secondary School Leaving Certificate Exams 2024 will have access to their results on the official websites at karresults.nic.in or kseab.karnataka.gov.in/english. According to some reports, the Karnataka SSLC 10th Result 2024 is expected to be announced today on May 9.

Gujarat Secondary and Higher Secondary Education Board (GSHSEB) has announced the Class 12 result for the 2024 board exams on May 9. The much-awaited scorecards will be made available to students on the official website — gseb.org. Candidates who appeared for the Class 12 Science Stream exam can check and download their results starting from 9:00 AM onwards. This year, a total of 4,77,392 students appeared for the Gujarat Board (HSC) Exam 2024, out of which approximately 1,212,290 students participated in the Gujarat Board Exams, including SSC and HSC. Last year, the pass percentage for girls was 80.39% and for boys was 67.03%. The official announcement of this year's pass percentage is expected to be made tomorrow.

remuneration of Tata Consultancy Services (TCS) CEO and MD K Krithivasan in FY24 was Rs 25.2 crore, slightly less than former CEO Rajesh Gopinathan’s at Rs 29.16 crore in FY23. However, it is to be stated that Krithivasan’s remuneration “includes compensation for the full year, i.e. as Global Head of Banking, Financial Services and Insurance (BFSI) for April 1, 2023 to May 31, 2023 and as CEO and MD from June 1, 2023 to March 31, 2024”, reads the annual report of TCS that the company filed with the BSE on Thursday.

Rahul Shah, VP-Equity Advisory, MOFSL, says: “My sense so far is that volatility has continued but I would start deploying or maybe we will stay invested. So far in the result season except for IT, the numbers have been so far so good. So, I do not think that there are any challenges or anything in terms of the deviation from the numbers that we were expecting. Financials have been among the top notch bets that we have been recommending, PSU banks are a preferred bet followed by private banks. One should start looking at financials.” What are you doing in this kind of correction that we have seen over the last three to four trading sessions? Are you keeping the buying list ready and buying those stocks or do you expect the sideways move to continue in the market and keep your powder dry? Rahul Shah: There are two-three factors to consider. Most important factor: volatility is in the front seat. In the last five-six sessions, the market has been very volatile and obviously we saw some correction in the last two-three days as well. So, our sense is few select pockets we have been seeing selling and especially from financials we have seen a lot of them have given up their gains in last four-five sessions and obviously PSU remains the top where we have seen a lot of selling happening.