Schools Financial News

Swarup Mohanty, Vice Chairman & CEO, Mirae Asset Global Investments, says “every fund manager will ask you to buy a good company at a good price. You have to decide how much of your portfolio is invested in good companies and the good companies are invariably the larger companies which have more from a balance sheet stability perspective. So, if you have bought more of the smaller companies, it is time to rebalance and that would be the right way of going ahead.” Good to see that despite the kind of volatility that we have seen in the stock markets, the SIP data continues unabated. What is your own expectation of what the next realistic target should be for the SIP figures on a monthly basis? Swarup Mohanty: It has become the go-to way of investing broadly for Indians. It is such a wonderful process of investing. It does allow investors to catch volatility like this and then over a period of time, the rupee cost averaging does set in. So, the process of investing through SIP is always the disciplined way and hence I think more and more Indians are catching on to it, 19,200 per month as we speak. My figure for December 2024 is 25,000. I do not see any stoppage of this at all. So, yes, I mean, great to be at the receiving end of the SIP flows.

A murder-for-hire case that shocked residents in Markham, Ont., almost 15 years ago is getting the Netflix treatment, highlighting the decade-long ruse Jennifer Pan undertook to please her strict parents — a plot that eventually left one of them dead.

IITs) at Delhi, Bombay (Mumbai), Kanpur, Madras (Chennai), Kharagpur, Roorkee, Guwahati and Varanasi (BHU), the struggle to place students in a challenging environment hasn't gotten any easier. The schools are going all out to get more recruiters to campuses. The placement season ends in May-June for the IITs. Two of the top schools — IIT Bombay and IIT Delhi — have provided official placement data to ET. At IIT Bombay, the top choice for those who clear the entrance exam process, 33% of the 1,973 students participating in placements were yet to get jobs as of April 4. The older IITs are typically regarded by candidates as the most desirable. Apart from the eight older ones, India has 15 other IITs set up since 2008. IT-BHU became IIT-BHU (Varanasi) in 2012 by an act of Parliament.

The Supreme Court issued an interim stay on a Karnataka high court order which had allowed ‘board examinations’ to be conducted for classes 5, 8, 9 and 11 in schools in Karnataka. It also said that for the examinations that had already been conducted, the results may not be communicated to anyone at all. However, some of the results had already been announced before the Supreme Court issued its order.

Adani Group plans to set up a think tank that will aid policy thinking in three critical areas — energy transition and climate change, economics and trade, and geopolitics and strategic affairs, according to people familiar with the development, who said the unit might be kicked off as early as May. The think tank will be called Chintan Research Foundation and will be incubated with an initial funding of ₹100 crore. This move pitches the infrastructure conglomerate in direct competition with RIL-backed Observer Research Foundation or ORF, a think tank that took shape in 1990. ORF, based in New Delhi, has emerged in recent years as one of India's most high-profile thinktanks.

upmsp.edu.in or upresults.nic.in. or result.upmsp.edu.in.

At one of the world’s oldest universities, two M.B.A. candidates are trying to do something that has never been done before—get future business leaders to make a careerlong commitment to combat climate change. Collin Janich and Peter Golding, students at the University of Cambridge’s Judge Business School, are creating a pledge for M.B.A.

Central Board of Secondary Education (CBSE) is planning to launch a pilot of the National Credit Framework for classes 6, 9 and 11 from Academic Year 2024-25 and has invited its affiliate schools to participate in the same, news agency PTI reported on Wednesday citing officials. It is important to note that in 2023, the union government launched the National Credit Framework (NCrF), jointly developed by UGC, NCERT, CBSE, AICTE and the Ministry of Education among others—as part of the implementation of the National Education Policy (NEP)-2020.

₹150-200 per day. The men are not interested. They would rather work at construction sites, where the wages are higher—upwards of ₹300 per day.

Top News of the Day: On 10 April, a series of events are set to take place right from politics to business. Global automaker Tesla is on the lookout for a local partner to establish its operations in India. The Supreme Court rejected the affidavits submitted by yoga guru Ramdev and Patanjali Ayurved Ltd's managing director Acharya Balkrishna, which offered an unconditional apology in the misleading advertisements case.

Tech Mahindra on Wednesday said it has partnered with Microsoft to create a user-friendly unified workbench on Microsoft Fabric, an analytics platform for businesses and data professionals. The workbench system will help organisations accelerate the adoption of Microsoft Fabric and enable them to create complex data workflows with a simple to use interface, said Tech Mahindra in a statement. This collaboration will combine the best of Tech Mahindra's Intellectual Properties with Microsoft Fabric capabilities, to help customers fast-track their data-to-insight journey and improve business agility, according to the statement.

«The structural growth opportunity which we say for the speciality chemical players, especially in names like CDMO, China plus one, Europe's energy crisis and Europe plus one, all those structural growth driver were there in last one year also and even right now also we see that they remain intact,» says Rohan Gupta, Nuvama Institutional Equities. What is your sense? Has it bottomed out because for the longest time speciality chemicals have been dealing with one headwind or another. Finally, is there light at the end of the road? Yes, first of all, you are absolutely right that the speciality chemical sector has been quite a lot of disappointment for their investors in last four to six quarters. The sector has not participated in the entire rally while we are seeing that the midcaps and smallcaps are making new highs. This sector has definitely not performed well.

Meta and TikTok to present plans to combat harmful content online, authorities said Tuesday, after the Muslim-majority country reported an uptick in offensive material on social media platforms. The government reported more than 50,000 such cases to various social media platforms, including Meta's Facebook and TikTok, in the first three months of this year alone, the Communications and Multimedia Commission and national police said in a statement.

Zetwerk on Wednesday said it has earmarked Rs 1,000-crore investment for expanding its electronic manufacturing capacity across IT hardware, television, mobile phones, hearable and wearable product segment. The company aims to be the leading ODM (original design manufacturer) and electronics manufacturing services provider in the mobile phones, hearable and wearable space. «The company is now producing one device a second from its factories. It has earmarked Rs 1,000 crore investments to grow its Electronics business,» Zetwerk said in a statement.

Also Read: Our Solar System will die a grisly death, will be ‘crushed and ground to dust’ Higgs shared his Nobel prize with Belgian physicist Francois Englert for proposing the existence of what became known as the Higgs boson particle and the invisible field in space that gives mass to matter. The discovery of the elemental particle was announced in 2012 by European nuclear research body CERN after the boson was detected in the Large Hadron Collider, an underground laboratory near Geneva that smashes protons together at almost the speed of light and records data on their interaction.

According to data released by BSE, mutual funds expanded their shareholding in the March quarter to 6.15% from 4.9% in December 2023. Mirae Mutual Fund and Nippon India Mutual Fund have acquired more shares in Paytm in these three months.

Flipkart Internet in two tranches on March 23 and April 6, according to filings sourced from the Registrar of Companies (RoC). This is an internal cash transfer and not fresh funding at a parent level. However, this is the second major fund infusion received by Flipkart Internet from its Singapore-based related entities in 2024. On March 4, ET had reported that the company received $111 million.

Google on Tuesday revealed the details of a new version of its data center artificial intelligence chips and announced an Arm-based based central processor. Why it's important

Ghost Kitchens has acquired Ahmedabad-based cloud kitchen firm Shy Tiger Brands. The acquisition is part of Ghost Kitchens’ expansion strategy in Gujarat, it said in a statement. Shy Tiger operates five multi-brand cloud kitchens in Ahmedabad and operates brands like KBOB’s and The Black Chimney. Shy Tiger has an annualised revenue run rate (ARR) of Rs 5 crore, the statement added.

Ola Cabs is set to exit all of its existing international markets, namely the UK, Australia and New Zealand by the end of this month. The company has started sending out notifications to users about the impending closure, with operations set to cease in Australia from April 12. The firm had announced its rollout in Australia and New Zealand in 2018.

«I think if you look at the overall market rally in the last one year, it has been very sector specific,» says Vishal Malkan, malkansview.com. What do you make of this? Do you think this breakout is something that can take us to much higher levels or do you see that perhaps there is a bit of a buying fatigue at play, people are waiting by for the earnings to set in? What is your view for the index in the very immediate term, let us say one week? I think the way Nifty has been performing above that 22,700 mark is commendable. It is staying above that with volumes and there is broad participation also from midcaps and the big banks, as well as the metal sector.