Schools Financial News
05.04 / 18:17
Citi
Provident
Reuters
President
cover
reports
Schools
New York earthquake: Governor Kathy Hochul warns of 'possibility of aftershocks', President Joe Biden briefed
Reuters. "If there is an aftershock, people are encouraged to drop and cover and to hold, drop to the floor, cover your neck, and hold onto something that is sturdy," CNN quoted Kathy Hochul as saying, requesting New Yorkers to take caution around the building, especially high rises if there are any aftershocks. Hochul added, "If you hear shifting or any noises, unusual noises, leave your home, go outside." Apart from this, she urged New Yorkers to inspect their homes for damage which included checking all walls, doors, floors, and windows and inspecting waterlines and gas lines. ALSO READ: New York earthquake: FAA holds flights for city airports till noon, warns passengers of 30-40 minutes delay However, New York City Emergency Management Commissioner Zachary Iscol said that there is a low likelihood of aftershocks.
05.04 / 18:17
FIVE
community
Schools
Punjab govt declares state holiday for Guru Nabha Das's birth anniversary on Monday; schools, offices to remain closed
AAP-ruled Punjab removed April 8 from the restricted holiday list and made it a gazette holiday. A restricted holiday is a type of government holiday list, additional to gazette ones, from which an employee can choose two festivals to observe each year. Guru Nabha Das, originally named Narayan Das, was a revered Hindu saint, theologian, and the author of the Bhaktamal.
05.04 / 17:36
Merit
Software
awards
Cycling
strain
Schools
Cognizant defers annual hikes to employees
IT services giant Cognizant Technology Solutions has deferred its annual salary hikes this year by four months. It now plans to roll them out to eligible employees from August 1, two people confirmed to ET. Last year, the Nasdaq-listed firm had given hikes to employees in April1.
05.04 / 15:07
Target
CEO
Platform
Sustainability
innovations
Schools
International
B Capital announces two senior hires to expand climate investments
B Capital, which has backed the likes of Byju’s, Meesho and Pharmeasy in India, has announced two appointments to further expand its climate investment practice. Rich Lesser, global chair and former CEO of Boston Consulting Group (BCG), has joined as vice chair, climate & sustainability and senior advisor, as per a statement.
05.04 / 13:21
05.04 / 11:21
UPS
wellness
Schools
Traffic
Retail sales drop 2.2% in March despite Mother's Day and Easter boost
More specifically, in-store sales dropped by 1.8% and non-store sales by 2.3%. UK businesses forecast lower wage growth over the next year to 4.9% This is markedly lower than the same time last year, when total sales were up 4.1%, with store and non-store sales increasing by 6.6% and 2.8%, respectively. Foot traffic was boosted in the second and last week of the month due to Mothering Sunday as well as the Easter period and school holidays, but the figures were negative for the first and third week of March, BDO found. Overall, the 2.2% drop marks the sixth consecutive negative ...
05.04 / 11:07
WhatsApp
President
love
Universities
reports
Department
Schools
Stanford University appoints Jonathan Levin as next president
Jonathan Levin, an economist and Stanford alumnus who led the Stanford Graduate School of Business as dean for the last eight years, was appointed the next president of Stanford University, the Board of Trustees announced on Friday. Levin will assume office effective August 1, 2024. Jerry Yang, BS, MS ’90, chair of the Board of Trustees, thanked the 20-member Presidential Search Committee (PSC) for their work, and said Levin was the unanimous choice of the search committee and of the trustees. The PSC conducted a comprehensive search for Stanford’s next president. Levin will become president effective Aug. 1, 2024.
05.04 / 10:43
markets
Extreme
CEO
Apple
PINK
reports
Schools
Apple laid off 600 employees after car, smart screen projects shut shop: report
Tech giant Apple has laid off 600 employees across its self-driving car and smartwatch screen projects, news agency Bloomberg reported on Friday. Both projects were scrapped earlier this year. According to the report, Apple filed eight separate reports to the state of California to comply with the Worker Adjustment and Retraining Notification, or WARN program.
05.04 / 05:45
UPS
love
Freedom
country
Schools
Courts
Manish Sisodia writes letter to people of Delhi from jail, says "see you soon outside"
Manish Sisodia, the jailed AAP leader, and addressed to the people of Delhi surfaced in the media on March 5, a day before his bail case is taken up by a Delhi court. In the letter written in Hindi, he said «See you soon outside». Sisodia also expressed gratitude to people of his constituency for taking care of his ailing wife. «My love for you has increased after being in jail. You took great care of my wife. Seema gets emotional while talking about all of you. All of you should take care of yourselves...,» Sisodia wrote.
05.04 / 05:31
FIVE
Platform
performer
Schools
Winzo Games records Rs 120 crore operating profit in FY23
Winzo Games posted an operating profit of Rs 120 crore in FY23, according to financials submitted to the Ministry of Corporate Affairs. Winzo Games also saw its revenue grow 182% from Rs 242 crore in FY22 to Rs 687 crore in FY23.
05.04 / 05:29
UPS
Waters
Bill
social
reports
Schools
CIBIL score: 6 factors including salary, employment status have no bearing on it
Your credit score, or CIBIL score, is influenced by a slew of factors that are related to your credit history and financial behaviour. At the same time, it is not influenced by any of the other factors such as your marital status, or salary or employment status, or whether you have an insurance policy or not.
05.04 / 04:13
Solomonic
Trade
Justice
2020
strain
Schools
US criminal case against China's Huawei heads toward 2026 trial
Huawei of misleading banks about the tech company's business in Iran, among other charges, is heading toward a January 2026 trial. At a status conference on Thursday in Brooklyn, New York, Assistant US Attorney Alexander Solomon told US District Judge Ann Donnelly that «settlement discussions ended in an impasse. We believe it would be prudent to schedule a trial date.»
05.04 / 04:13
markets
UPS
wellness
Cycling
recommendations
Schools
Invest in pharma for safety but be wary of IT names now: Pashupati Advani
Pashupati Advani of Global Foray says pharma is back in fashion again. With the pricing pressure in the US to lower drug prices, it is going to be the day of the generics again and India will be back in that space and we are seeing it already. Coming to IT, Advani says: “I am not as wild about IT names. However, with the dollar getting stronger against the rupee, they are going to make money without doing anything. I actually see a big move with ChatGPT, AI, stuff like that which is actually going to hurt our IT names unless they are able to move fast.” Let’s talk about FMCG stocks because Dabur on Thursday had a fall that came in from that front as well. Nothing in terms of a participation is coming in for the FMCG pack, even when we are seeing a bit of a run up. What should one watch out for from the FMCG sector? Pashupati Advani: The FMCG sector has chugged along and has been the first place to put money because we need the FMCG to go. But it looks like there is some pushback from the organised sector. I do not know whether it is actually getting replaced by the unorganised sector or if there are new players, because we are seeing downtrends in Lever, Dabur and other big names.
05.04 / 04:13
markets
UPS
Election
wellness
medicines
Schools
Pharmaceuticals
Financial
etmarkets
ETMarkets Smart Talk: Market valuation key risk! Sampath Reddy is betting on pharma, QSR & financial sectors in FY25
“Market valuations would be one of the key risks for Indian markets, which could lead it to give relatively subdued returns in FY25,” says Sampath Reddy, Chief Investment Officer, Bajaj Allianz Life. In an interview with ETMarkets, Reddy said: “We remain optimistic on the 1) pharmaceutical sector, particularly companies involved in exports of generic medicines on the back of improved pricing environment in the key US market,”. Edited excerpts: We have closed FY24 with double-digit gains. How do you see markets in FY25? Sampath Reddy: The Indian equity markets have fared well in FY24 and have been one of the top-performing markets over the medium to long term as well.
05.04 / 03:27
Reuters
Platform
Trade
2020
Schools
Courts
Investigations
Meta pushes back on US FTC's bid to amend 2020 privacy settlement
Meta Platforms has rebuffed an attempt by the U.S. Federal Trade Commission to amend a 2020 privacy settlement, noting that it had voluntarily disclosed two technical errors related to its Messenger Kids app to the agency. Meta disclosed the bugs in July 2019, the Facebook-parent said in a filing on Thursday, adding it had spent $5.5 billion on its privacy program and related privacy initiatives.
05.04 / 00:31
markets
COST
UPS
Action
students
Discrimination
Schools
‘Pink tax’: Calls grow to scrap ‘unfair’ prices on women’s products
Some Canadian high school girls want to take their “pink tax” fight to the House of Commons, calling on the federal government to scrap an “unfair pricing practice” that research suggests discriminates against women.
04.04 / 20:30
UPS
Food
President
students
Department
Schools
California schools forced to compete with fast food industry for workers after minimum wage hike
California school districts are preparing for the impacts of a new minimum wage for fast food workers
04.04 / 18:03
markets
Extreme
Aware
Sustainability
social
Schools
inequality
Each generation has business leaders who address the problems of their age — these issues have grown from colonialism to climate change: Geoffrey G. Jones
Geoffrey G. Jones is the Isidor Straus Professor of Business History at Harvard Business School. Speaking to Srijana Mitra Das, he discusses the evolution of socially responsible companies: Q. In your book ‘Deeply Responsible Business’, what factors shaped values-driven leadership? A.
04.04 / 17:19
04.04 / 16:21
FIVE
Platform
Dreams
2020
Schools
cricket
Sporting
NOT
NCLAT asks IRP of Dream 11 not to take steps for insolvency
Sporta Technologies, which operates the fantasy sports platform Dream 11, not to take any steps towards insolvency and keep the company as a going concern. The appellate tribunal said it has already stayed the Corporate Insolvency Resolution Process (CIRP) of the company. «We only clarify that IRP is directed not to take any steps in the CIRP, however, IRP being in the place shall keep the company as a going concern,» the NCLAT said in its order.
04.04 / 16:21
CEO
Sustainability
WhatsApp
social
Schools
Shashwat Goenka to join World Economic Forum's Young Global Leaders Class of 2024
Shashwat Goenka is joining the 2024 Class of Young Global Leaders of the World Economic Forum. RPSG Group owns power utility CESC and Spencer's Retail amongst other businesses. Other class members from India Inc for this year include FSN E-Commerce Ventures (NYKAA) CEO Adwaita Nayar, Jubilant Group director Arjun Bhartia and Vedanta Limited non-executive director Priya Agarwal Hebbar. There are Indian members in other fields such as social entrepreneur and acting. The class of 2024 includes a group of nearly 90 changemakers across nations.
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