Schools Financial News

Nazara Technologies will acquire intellectual property rights pertaining to Ultimate Teen Patti from Games24x7 for Rs 10 crore, the company said in a regulatory filing. Launched in 2015, Ultimate Teen Patti (UTP) is a free casual card game for entertainment purposes only and does not offer any real money to the players. «Next Wave Multimedia Private Limited, a subsidiary of the company, at their meeting held today i.e. on April 04, 2024, has approved the acquisition of all the Intellectual Property rights pertaining to the 'UTP — Ultimate Teen Patti' casual freemium card game software and associated trademarks,» the filing said.

Punjabi music sensation Diljit Dosanjh recently opened up on a rather stressful episode from his childhood and his complicated equation with his parents. In an interview with YouTuber Ranveer Allahbadia aka Beer Biceps, the ‘Born To Shine’ hitmaker revealed his bond with his parents Sukhwinder Kaur and Balbir Singh Dosanjh. In the podcast with Beer Biceps, the ‘Good Newwz’ star said that his parents sent him away with a relative without consulting as they wanted him to have a better life. “I was eleven years old when I left my home and started living with my mamaji (maternal uncle). I came to the city leaving my village behind. I shifted to Ludhiana. He said ‘send him to the city with me’ and my parents said ‘Yes, take him.’ My parents did not even ask me..” he told Allahabadia. Dosanjh said that since the digital revolution had still not taken place, mobile phones were not prevalent and as he did not have money, he couldn’t call his family on a daily basis. “I used to stay alone in a small room. I used to just go to school and come back, there wasn’t any TV. I had a lot of time. Also, we didn’t have mobile phones back then, even if I had to call home or receive a call from my parents, it cost us money. So I started becoming distant from my family,” he reflected.

SK Hynix, the world's second-largest memory chip maker, said on Wednesday it will invest around $3.87 billion to build an advanced packaging plant and research and development facility for AI products in the U.S. state of Indiana. The new plant will include an advanced chip production line to mass-produce next-generation high bandwidth memory (HBM) chips, currently used in graphic processing units that train artificial intelligence systems, the Nvidia supplier said in a statement.

Wipro Infrastructure Engineering (WIN), industrial engineering division of billionaire Azim Premji’s Wipro group, is betting on artificial intelligence (AI) and the government’s manufacturing push to drive its $1-billion growth plans as it plans to accelerate its automation business, top executives said. WIN has seen initial success in data analytics following the acquisition of Linecraft.ai about a year ago, which has helped its customers increase efficiencies in the 7%-15% range, Pratik Kumar, managing director and CEO of Wipro Enterprises, told ET.

NEW DELHI : New Delhi: India’s personal computers (PC) market of desktops and laptops, which experienced a lull last year due to a post-pandemic sales decline, could double in the next five years if the country's economic targets are met, said Ipsita Dasgupta, senior vice-president and managing director of HP India. Speaking about a dip in demand for PCs and the way forward for the upcoming year, Dasgupta said, “The consumer market has been a bit up-and-down. But nobody discards their PCs, so the comeback on demand doesn't concern me.

Kunal Kashyap, who was heading risk at fintech unicorn Cred, has quit to join rival firm Slice, which is set to become a bank through the proposed merger with North East Small Finance Bank, said two people in the know. “Kashyap will be leading part of the credit business within the newly-formed bank which will be officially launched after regulatory authorities clear the merger,” one of the persons said.

SiftHub, an artificial intelligence-enabled platform for enterprise sales teams, on Wednesday said it has raised $5.5 million in a seed round of funding led by Matrix Partners India and Blume Ventures. The San Francisco-headquartered startup was founded by Manisha Raisinghani, cofounder and former chief technology officer of Tiger Global Management-backed software-as-a-service (SaaS) startup LogiNext Solutions. ET had first reported about the deal talks in June 2023.

Clicktech, a major seller on Amazon India, is acquiring its peer Appario as part of the ecommerce major’s plan to divest stakes in sellers on its platform. Appario is the largest seller on Amazon India following the closure of Cloudtail, and moves a significant volume of orders for the local arm of the US-based etailer. This is the second time Amazon is divesting its stake from a seller entity to comply with local ecommerce norms.

CBSE) has extended the registration date to apply for the Central Teacher Eligibility Test (CTET) July 2024 session. The CTET is a mandatory qualification for teachers seeking positions in government schools from Class 1 to Class 8. The registration process for the CTET July 2024 session began on March 7th, 2024, allowing candidates a three-week window to apply. This window was to close on April 2nd. But now CBSE has extended the registration date to April 5, 2025 (11.59 pm)

earthquake off the coast Taiwan with a magnitude of 7.2 rocked the entire island on Wednesday morning, collapsing buildings in a southern city and creating a tsunami that washed ashore on southern Japanese islands.Taiwan television stations showed footage of some collapsed buildings in the lightly populated eastern city of Hualien, near the quake’s epicentre, and media reported some people were trapped. A five-story building appeared heavily damaged, collapsing its first floor and leaving the rest leaning at a 45-degree angle.In the capital, Taipei, tiles fell from older buildings and within some newer office complexes.

«Lot size has reduced for Fin Nifty as well and we have noticed in last couple of months that Fin Nifty activity also started to rise. So, ultimately as per the exchange rule, they try to maintain the contract value near 5 lakhs,» says Chandan Taparia, Motilal Oswal. Just wanted to start off by getting in your take as to what exactly the outlook is on the back of Fin Nifty and the Mid Cap Nifty lot sizes being cut. So, like as per recent circular, NSE has announced a revision of market lot size for key indices. So, as of now the Nifty lot size was 50 and that is going to revise downward to 25.

Neerja Chowdhury, Journalist & Political Commentator, says “whether Sanjay Singh’s release has implications for the other three Aam Aadmi Party leaders who are in prison, including the chief minister of Delhi, remains to be seen. What view the Supreme Court takes, what happens if ED opposes their bail? The Prevention of Money Laundering Act was strengthened in 2008 to deny bail. So, it may not happen automatically unless the Supreme Court takes a strong view on it. ” How significant is the Supreme Court granting bail for Sanjay Singh in the wake of what is happening with Arvind Kejriwal right now? Neerja Chowdhury: I think Arvind Kejriwal's arrest in the middle of an ongoing election has created a sense of too much happening. I went to the Ramlila grounds where the rally was held and that is a general sense I got by talking to the people of Delhi.

As domestic growth prospects remain promising, backed by capital investments and policy support, Ambit Asset Management is betting on three major themes to play on India’s story. Mass consumption, manufacturing and industrial, and exports are the three major themes that the asset management firm is bullish on. “We are becoming increasingly positive on the mass consumption theme, driven by the recovery in the Hindi belt, deflation in raw material prices, and large companies taking aggressive price actions,” said Bhargav Buddhadev, fund manager at Ambit Asset Management, in an interview with ETMarkets. Buddhadev holds a positive outlook on the manufacturing and industrial theme, as he anticipates a revival in private capital expenditure. Lastly, he favors the export theme, given the government's implementation of various policy initiatives such as signing FTAs and incentivizing several sectors through PLI schemes. Edited excerpts:

The strange thing about Boeing’s crisis is that so many people saw it coming—and tried to stop it. The planemaker’s safety problems have been obvious since two 737Max jets crashed in late 2018 and early 2019, killing 346 people. Boeing’s engineers were warning managers of potential quality problems as far back as 2001.

Yahoo said on Tuesday it had acquired Instagram co-founders' AI-driven news platform, Artifact, and will incorporate its technology across the U.S. web services provider's news and other sites. The deal signals continued pain for media start-ups struggling to grow revenue at a time when Big Tech giants Alphabet and Meta Platforms attract the bulk of advertising sales.

White House plans to renew a push in April to convince Congress to extend an internet subsidy program used by 23 million American households just weeks before it runs out of money, officials said. In October, the White House asked for $6 billion to extend the program through December 2024, but Congress has not funded it, potentially putting millions of households at risk of losing their internet service.

List of the best fire alarms under 3000

Binance  has named a board of directors for the first time in an effort to reshape its image following last year’s guilty plea to US charges of anti-money laundering and sanctions violations.

The Fresh Press has raised an undisclosed amount of equity funding from Nikhil Kamath-backed Gruhas Collective Consumer Fund (GCCF). Founded in 2018 by Mithil Lodha and Rahul Jain, it currently runs about 40 outlets selling fresh juice and other products in nine cities including Hyderabad, Bengaluru and Delhi. About 30 of these are ‘shop-in-shop’ stores placed inside Inox theatres and Reliance Retail outlets, Lodha said.

Delhi Government has released the schedule for summer vacations and other holidays for government and government-aided schools in the academic year 2024-25. According to the announcement, the summer break will begin on May 11 and conclude on June 30, 2024, spanning a total of 51 days. However, teachers are expected to attend work for two days on June 28 and 29 for essential school activities. Students can access the notification on the official website, edudel.nic.in. Additionally, the autumn break is set to start on October 9, 2024, and end on October 11, 2024. As for the winter break, it is scheduled from January 1 to January 15, 2025. Here is the list of holidays for Delhi schools in 2024:

Singularity Growth on Tuesday announced the appointment of Sandeep Bapat as senior partner and co-chief investment officer (CIO). In his new role, Bapat will be responsible for identifying key trends and eventual steady-state outcome for current and potential portfolio companies. With a focus on delivering returns for portfolio companies, he will have leadership responsibilities for investment activities at the firm besides serving as a member of the investment committee. Bapat was previously a partner at Trifecta Capital and executive director at Hillhouse Capital, and has also worked at Blackstone.