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Axel Springer will migrate some of its cloud-based applications to Microsoft's Azure and work with the firm on bolstering its AI capabilities, the companies said on Monday, as they expanded their partnership. Axel Springer will also work with the tech giant to launch an AI-driven chat experience, which will feature content from the news publisher, the companies said.

TS SSC 10th Results 2024 Live Updates: The Board School Education, Telangana (BSE) is all set to announce the SSC results on Tuesday, April 30. Students will be able to check their scorecards at the official websites – bse.telangana.gov.in or bseresults.telangana.gov.in.

EconomicTimes.com signed off the financial year 2024 as it had begun, leading from the front — with accuracy in reporting and accountability to readers. The latest Comscore data from March 2024 validate what business news readers have known for decades: EconomicTimes.com is the premier source for business, market, and financial news in India, with significant recognition around the world.

KPIT Technologies, focused on automative and mobility software services, has reported a 47.2% year-on-year rise in net profit (attributable to shareholders) at Rs 164.4 crore for the fourth quarter ending March 2024. The Pune-headquartered firm’s profit a year ago stood at Rs 111.6 crore in Q4FY23 and at Rs 155.3 crore in the preceding quarter.

Investcorp, a global alternative investment firm, has acquired NSEIT, the digital technology business of the National Stock Exchange (NSE) for Rs1000 crore, stated a press release. The transaction excludes the digital examinations business that is also housed inside NSEIT. NSEIT, a leading provider of digital transformation and cybersecurity services focused on global customers in capital markets, insurance, and banking, has a strong presence in India, North America and Middle East. The company’s offerings include digital engineering, data and analytics, artificial intelligence, cloud services, and cybersecurity services.

«The most important thing to understand is that we believe that the valuation of Apollo HealthCo will go up by many multiples and this will happen because of the integration of Keimed,» says Suneeta Reddy, MD, Apollo Hospitals. Congratulations on firstly the deal. Outline for us what Advent really brings on the table besides of course growth capital and how is it that you see the synergies build in. The most important thing is that Advent is bringing capital to the table. They are bringing 300 million for 12.1% of the combined entity, which is the current Apollo HealthCo plus Keimed, so they will get 12.1%. In terms of their exit, there is an optionality that can be triggered post five years and I think we have many options on how to handle their exit.

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Arvinder Singh Lovely has said that his resignation from the post reflected the pain of the Congress workers. The workers, Lovely said, were saddened by the fact that "ideals they had been fighting for during the last seven to eight years" were being compromised. Lovely also clarified that he had no plans to join any political party.

Gurpratap Boparai CEO of Mahindra's automotive businesses in Europe, Mahindra Trucks & Buses (MTB) and construction equipment has resigned from the company, according to a company's internal circular undersigned by Rajesh Jejurikar, executive director and CEO auto and farm sectors. He joined Mahindra in 2022 taking charge of its European operation — overseeing Peugeot Motors and Automobili Pininfarina. Boparai has «decided to pursue opportunities outside the Mahindra Group,» it stated. His last working day will be May 31, 2024.

Tata Sons chairman N Chandrasekaran has articulated an ambitious growth objective for group chief executives, urging them to intensify efforts in propelling growth and fostering additional momentum across key sectors like electronics, EVs, batteries and steel in 2024. Additionally, he has emphasized the importance for CEOs and CXOs in traditional sectors to meticulously execute business strategies on the ground to seize growth opportunities. Group companies were also asked to work harder on customer-centricity and the One Tata plan set in motion a few years back in terms of giving businesses to each other across categories. This was the theme that brought together around 500 Tata group leaders at the JW Marriott Marquis in Dubai over the weekend for their annual offsite meeting, said top executives at the $270 billion conglomerate. Trent chairman Noel Tata and his three children — Neville, Leah and Maya — attended the meet.

Arvinder Singh Lovely on Sunday said he has only resigned as chief of the Congress' Delhi unit and is not joining any other political party. His clarification came after Congress ex-MLA Asif Mohammad Khan claimed that the BJP would field Lovely from the East Delhi constituency, replacing Harsh Malhotra. «I have only resigned as Delhi Congress chief and I am not joining any political party,» he said at a press conference at his residence. Lovely said his resignation reflected the pain of Congress workers saddened by the fact that the «ideals they had been fighting for during the last seven to eight years» were being compromised.

Ramraj Meghwal had a long dispute with his neighbours, Bhagwan Mali and his brother Rakesh Mali. The dispute was related to pet dog, as the family members of Ramraj Meghwal claimed that the Mali brothers used to set their dogs free to scare their children when they used to leave for school. As the dispute escalated, Bhagwan Mali and Rakesh Mali allegedly attacked Ramraj Meghwal with sticks and iron rods.

ICICI Bank's plan to delist its broking arm ICICI Securities from Indian bourses. ET on April 24 had reported Manu Rishi Guptha would approach the NCLT against the private lenders' plans. As per the scheme, shareholders of ICICI Securities would receive 67 shares of ICICI Bank for every 100 equity shares held in ICICI Securities.

DD Mishra, VP Analyst, Gartner, says, “in 2024-25, we see that AI-led growth is going to come and AI has to play a very critical role. In 2023, AI spending was around $3.5 billion, but we are expecting that this thing is going to grow in 2024-25 significantly. There are other challenges and CIOs are struggling and in this situation, they take a lot of consulting support as well because they do not know what they do not know and this is where they depend on the consulting services which has been growing significantly. We will see disruptions in the short term, but the long term outlook is positive.” Just wanted to get a sense from you with respect to the earnings read through and the commentary that we have heard from the management of the Indian IT majors. It lacks the confidence that a recovery is around the corner. They are still non-committal about it. However, the forecasts coming in from Gartner have been improving consistently. What kind of outlook are you witnessing with respect to client spends, discretionary spends and the pace of ordering. DD Mishra: The way we look at it, there are two perspectives of it. One is the larger perspective where we see how the next four to five years are going to change around IT and that looks quite promising because we see that in 2025, 2026 and 2027, we are going to see double-digit growth and there is no cause of concern as of now.

Girish Madan, Director, Fitch Ratings, says it would be a combination of both thermal and renewable generation sides. In renewables, wWe have seen some pressure on the earnings because tariffs were coming down as competitive intensity was increasing in the sector, but of late the profitability should increase because some of the variables have turned in favour of the Gencos. Some of the commodity prices have also come down. Plus, there has been a 20-30% correction in solar module prices. All these factors could lead to enhanced EBITDA generation as well as profitability for Gencos. Where exactly in the power basket are we seeing the highest amount of activity in terms of addition of capacities? Girish Madan: Over the last few years, we have seen a large part of capacity addition has happened in the renewable space. If we talk about the last two years, around 40 gigawatts have been added in India and 80% of that has gone into solar and wind capacities, mainly solar capacities, so that is where we have seen capacity addition happening. We have seen some volatilities as far as the demand was concerned before COVID, so there was a slowdown in capacity addition. But sustained demand over the last three years has led to a great increase in capacity addition.

flexible work practices for white-collar workers, especially those in sales and field-related work, as rising summer heat poses health risks and threatens to sap efficiency. India is notorious for its scorching summers. Its weather office has warned that 2024 could be the country's hottest year on record.

Israel-Hamas war at universities across US dug in Saturday and vowed to keep their demonstrations going, some universities shut down encampments after reports of antisemitic activity among the protesters. With the the death toll mounting in the war in Gaza, protesters nationwide are demanding that schools cut financial ties to Israel and divest from companies they say are enabling the conflict. Some Jewish students say the protests have veered into antisemitism and made them afraid to set foot on campus.

ALSO READ: Biden celebrates computer chip factories, pitching voters on American 'comeback' He said when he was serving as a Senator in the 1970s “a lot of lovely women ... would send very salacious pictures and I just give them to the Secret Service. And I thought somebody would think I was ...." It is to be noted that US Senators and House representatives are not provided protection from the Secret Service.

ALSO READ: 'Last chance': Israel issues strong warning ahead of Rafah offensive Police have carried out large-scale arrests at universities in recent days, at times using chemical irritants and tasers to disperse demonstrators. In its statement, Northeastern said campus police backed by local law enforcement moved in Saturday to clear "an unauthorized encampment" on the campus.

Delhi Chief Minister Arvind Kejriwal's wife, Sunita Kejriwal, on Saturday set out to campaign for the Aam Aadmi Party in the ongoing Lok Sabha elections. Saturday's roadshow is her maiden political apperance. «Your Chief Minister is a sher, nobody can break him or make him bow down,» Sunita Kejriwal said at the roadshow. She said the Delhi Chief Minister was jailed because he built schools, provided free electricity and opened Mohalla Clinics.

Delhi government-run schools lack essential facilities, such as a water supply, uniforms, textbooks, etc. "The Delhi government deserved to be lashed out. The advertisements they conduct show that they run world-class institutions; however, the reality is entirely different.