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Razorpay on Tuesday launched its own UPI infrastructure with 'UPI Switch', a cloud-based innovation in partnership with Airtel Payments Bank, and said the solution is geared to ensure smoother and faster transactions. Boosting success rates by 4-5 per cent, the solution is designed to handle up to 10,000 transactions per second (TPS) at any given time, according to a release. The 'UPI Switch' will also enable 5 times faster access to UPI (Unified Payments Interface) innovations for businesses, it added.

Ezra Dayanim anticipates his commencement ceremony at Columbia University next month will be interrupted by hisses and boos, especially when the university’s president addresses the crowd. He is just hoping the disruption doesn’t go beyond that.

Rituparna Chakraborty, Co-Founder, TeamLease, says “artificial intelligence, automation, robotics, will get into every aspect of our lives and the way we do things even in our workplaces. But having said that, it does not mean that all jobs are going away. It is a call to action for all of us that the kind of skill sets that we are empowering our youth with, definitely needs to be changed, which means there will be demand for higher skill sets. So, the skill sets with which kids are able to find jobs, is not how it is going to be for our youth for the next five years or the decades that we will see. The sooner we prepare ourselves for this inevitable outcome, the better it is.” What is the story? I have always seen that a sector like IT only hires, hires, hires, and hires. Now they are not hiring. Rituparna Chakraborty: We have gotten so used to the technology sector being a net employment generator for the economy that on the face of it, it seems disappointing and shocking to some extent.

Sandeep Kalra, CEO, Persistent Systems, says “as we go ahead, as the market conditions stabilise, that will give us the opportunity to have the leverage of all the investments we have done whether they are in the next generation technologies like generative AI or increased sales and marketing investments, etc, and that should help us take the margin up. We still stand by our aspiration of growing the margins by 200 to 300 basis points over the next two to three years.” Your conference call commentary was that your FY25 margins will be similar to FY24, but that has missed Street expectations. What are the headwinds or are you being conservative? Sandeep Kalra: From a margin perspective, what we are saying is this. The margin has to be looked at in the context of the revenue growth that we deliver. So, if we are going to be looking at a revenue growth which is somewhere in similar lines as what we have done in this year, that is what our aspiration is, then at that point in time you have to optimise for one or the other.

Top news of the day: On 21 April, a series of events are set to take place right from politics to business. HDFC Bank faces the dual challenge of higher credit to deposit profile and lower core income.

Indian School Certificate Examinations (CISCE) is anticipated to announce the 'ICSE and ISC Results 2024'. According to the information available, 'the official release date hasn't been confirmed yet', but based on historical data, 'results are likely to be declared in the first week of May'. The Council for the Indian School Certificate Examinations (CISCE) is set to declare the results for 'Class 10 (ICSE) and Class 12 (ISC) examinations' in 'May 2024'. As per the previous year's data, 'the results were declared on May 13'. The 'ICSE exams' took place from 'February 21 to March 28, 2024', whereas the 'ISC exams' occurred from 'February 12 to April 3, 2024'. It's crucial to highlight that 'the Class 12 Chemistry exam' was 'rescheduled' from 'its original date of February 26 to March 21'.

Mega Networks is planning to set up a factory by the third quarter of the ongoing fiscal 2024-2025 to locally manufacture artificial intelligence servers, its chief executive said. The factory will be in Maharashtra and the company plans to invest Rs 350-400 crore in FY25, Amrish Pipada told ET.

InterGlobe Enterprises and technology industry veteran C P Gurnani have come together to launch an artificial intelligence business venture AIonOS. The joint venture was announced by Rahul Bhatia, Group Managing Director of InterGlobe and Gurnani, Executive Vice Chairman of AIonOS in the national capital on Tuesday. InterGlobe is a diversified group with focus on travel, transportation, logistics and hospitality. The country's largest airline IndiGo is part of it.

Russia on Monday convicted the spokesperson of US technology company Meta, which owns Facebook and Instagram, of justifying terrorism and sentenced him to six years in prison in a swift trial in absentia, Russia's independent news site Mediazona reported. According to the outlet, the charges against Meta communications director Andy Stone stem from his remarks in 2022 following Moscow's full-scale invasion of Ukraine on February 24 that year. Stone, who is based in the United States, announced temporary changes to Meta's hate speech policy to allow for «forms of political expression that would normally violate (its) rules, like violent speech such as death to the Russian invaders.'»

This article is part of Global News’ Home School series, which provides Canadians the basics they need to know about the housing market that were not taught in school.

rain and that the temperature in Delhi is predicted to stay around 38 degrees Celsius for the next two to three days. Eastern India may see temperatures as high as 44 degrees Celsius during the next four to five days, according to IMD Senior Scientist Dr. Naresh Kumar, who was speaking to ANI. According to Naresh Kumar, senior scientist at IMD, Delhi, a heatwave is currently occurring in East India and is predicted to persist in some States over the next four to five days.

Ensurity Group, a cybersecurity company specialising in digital identity, authentication and data protection solutions, to expand cybersecurity services across India, ASEAN, and MEA regions. Both Versasec and Ensurity are members of the Microsoft Intelligent Security Association (MISA) and the FIDO Alliance. “We are looking forward to this strategic partnership with Ensurity Group. By combining Versasec's expertise in identity and access management with Ensurity's innovative cybersecurity solutions, we plan to empower organisations across India, ASEAN, and MEA regions to bolster their defenses against evolving cyber threats,” Joakim Thorén, CEO and founder of Versasec said.

«Among the new stocks which we have bought has been after the AC story and I think consumer durable uptick is expected, I believe one company which is on the durable side, which has also been in doldrums because of various factors has been Crompton Greaves Consumer and it is a big player in the fans market and I believe along with AC the fan market revival is also very significant and it has not really gone anywhere over the last few years,» says Sandip Sabharwal, asksandipsabharwal.com. Everyone is of the view that if you buy into Vodafone FPO, if you are subscribing to it, you were getting it at a discount. The underlying price Rs 13 if you are getting at the FPO sub-11 rupees which means there is a nice little arbitrage to be made here. It is a bull market and a lot of people are trying to play this thing. In fact, I got queries that should we sell off Bharti Airtel and move that money into Vodafone Idea.

Alpha Capital Family Office, the Denver-based RIA, has announced the addition of Tom Riley to its team as the lead for portfolio management.

Assam cleared the Class X state board examination alongside her teenage daughter. This achievement comes 16 years after Mazia Khatun of Silamari village in Biswanath district had to abandon her studies due to marriage. Mazia and her 16-year-old daughter, Afsana, both enrolled at the local FA Ahmed High School, earning second-division results. According to a TOI report, Mazia secured 49% marks while her daughter Afsana achieved 52%, a testament to the mother's resolve to complete her education. Despite her earlier ambition to appear for the Class X board exams, marriage in 2006 forced Mazia to give up on her dreams. After her marriage, she became an Anganwadi worker, where her colleagues mostly had a matriculation qualification. The journey back to education was not easy, but Mazia's focus was on proving to herself and her family that she could pass the exam. She said, «I just wanted to prove that I have the talent to pass Class X at least.» Her main motivation, however, was to encourage her children to pursue higher education. «I don't want to study further; I just want my children to complete their education,» Mazia added. Reflecting on her experience, she noted, «I was one of seven brothers and sisters. My family found a suitable groom for me, and I got married in 2006. But I hope in future, parents will wait at least till their children complete their education.»

water crisis and its impact on tech corridors must come as a warning to Bengaluru to improve its infrastructure, MV Rajeev Gowda, a former IIMB professor contesting polls from Bengaluru North as Congress candidate, told ET. “If we don't create and maintain a healthy ecosystem where industries can flourish, other states may lure them away,” he said, referring to Kerala wooing investors from tech giants in Bengaluru to consider the coastal state for investments, promising plenty of water and other facilities. Gowda (60), son of former Assembly Speaker MV Venkatappa, will be facing off against BJP MP & Union MoS Shobha Karandlaje in a high-stakes battle in the 33 lakh-voters strong constituency on Friday. Entering the electoral fray for the first time, he is also the vice-chairman of the State Institute for Transformation of Karnataka (SITK), the state-own version of Niti Aayog, and has worked on metro-feeder buses in the city.

«This current quarter is showing some signs of improvement there. So, overall, good set of numbers. We have a buy on Reliance. We continue to maintain the buy,» says Nischal Maheshwari, Centrum Broking. What is your view on Reliance Industries, pretty much in line with what the Street was expecting? How have you read into the numbers? Was there an anticipation that there would be some further announcement? I agree with you. I think more or less in line with the results. What I am excited about between the three of the businesses, I think is retail. Retail has done very well and I think one of the interesting things which they have put out is now they have three in-house brands which have crossed Rs 2000 crores of revenue.

NDTV, an anchor with the Kolkata branch of Doordarshan – Lopamudra Sinha – was heard slurring while reading out the information before she blacked out. "The teleprompter faded away and I blacked out... I collapsed on my chair," she said in a video shared on her Facebook page.

Economic Times. In this plan, Varun Jaipuria would take over the mantle of the food and beverage division, whereas Devyani Jaipuria would head the health and education sectors.

suspicious transactions during the course of general elections, according to multiple senior executives in the know. In a letter dated April 15, the RBI asked payment system operators (PSOs) to prevent any potential misuse of electronic fund transfer mechanisms to influence voters or indirectly fund poll candidates.

Scrutiny and rechecking processes allow students to request a review of their exam papers if they believe there has been an error in the evaluation. This gives them an opportunity for their papers to be reevaluated to ensure accuracy and fairness in grading. Before applying for scrutiny, students should read the rules carefully. Many times the marks get reduced as only the new marks are final. How to Apply for UP Board Result Scrutiny or RecheckingIf you're u