Schools Financial News

Christy Mathai, Fund Manager -Equity, Quantum AMC, says what offers value to us currently is banks, especially the private sector banks where we have invested quite a bit heavily and even if there is more correction, we would love to add to some of these pockets. So, some of the consumption linked themes, be it FMCG, consumer discretionary, even with some correction we do not think they would come to our buy price in the sense if you were to look at stocks. So, even going forward, we would look to add more into some of these pockets where valuations have been reasonable, be it banks, be it consumer discretionary, especially autos. Two years back we added quite aggressively in the two-wheeler names.” Where do you stand on that argument that Indian midcap and smallcaps are way expensive right now and it is the largecap which have more value? What are your thoughts there? Christy Mathai: Clearly if you were to look at how the small and midcap index have done post COVID, it has done phenomenally well and especially last year. Last year, it was a combination of earnings growth plus the flows which came in a big way in the markets, especially in the small and midcap segment, especially the smallcaps.

Popular Vehicles and Services — 2% over the issue price on Tuesday. Despite a tepid debut, analysts are positive about the company's prospects in the medium- to long-term horizon, betting on the strong demand growth for the automobile industry.

labour commissioner's office has agreed to hear a plea, after the general election, seeking to end the exemption granted to the IT/ITeS sector from the Industrial Employment (Standing Orders) Act. The development comes after hundreds of IT employees in Bengaluru, under the banner of Karnataka State IT/ITeS Employees Union (KITU), staged a protest in front of the labour commissioner's office last Saturday. The protesters demanded that the Karnataka government do away with the exemption given to the IT/ITeS sector from the Act and extend the law to the sector, thereby allowing fair service conditions to employees regarding working practices, including termination, layoffs and leaves.

NetApp has appointed Alessandra Yockelson its chief human resources officer, reporting to CEO, George Kurian, the company said in a statement. Yockelson will lead all aspects of people and organisational strategy, including talent development and growth, performance management, team engagement, recruiting, DEIB, and compensation and benefits.

PTI report, the police said that an officer on patrol spotted the explosive items on Monday night at Chikkanayakanahalli under Bellandur police station limits. The office then sought details from the workers there, however, he did not get any satisfactory reply from them. We suspect that these could have been kept by the labourers to break rocks for constructing buildings," a police official said as quoted by PTI.

Live entertainment and sports are becoming big forms of entertainment for the youth, BookMyShow founder and chief executive Ashish Hemrajani said on Tuesday. “Roti kapada makan is done, discerning people have got the money. Now they're focusing on outside of science and maths. They are focusing on art, they are focusing on music, they are focusing on sport," he said on the second day of Startup Mahakumbh in New Delhi.

Australian regulator has sent legal letters to social media platforms from YouTube, X and Facebook to Telegram and Reddit, demanding they hand over information about their efforts to stamp out terrorism content. The e-Safety Commission said it was concerned the platforms were not doing enough to stop extremists from using live-streaming features, algorithms and recommendation systems to recruit users.

Sanjiv Bhasin, Director, IIFL Securities, says in power, “we would place our bets on NTPC, but REC, PFC would be our two top picks. We think this quarter’s results will be the best ever in the history of the company and like I said, diversification across the board in all power verticals is seeing very good upside on revenues and net interest income and margins.” Bhasin further says is very bullish on ICICI, Axis, HDFC and Kotak and thinks Federal Bank will be a key beneficiary of expansion of gold loans. Also, RBL Bank is giving a very good opportunity. Your portfolio should do well if it contains 4-5 of these large and midcap stocks.

Sensor Tower said it is acquiring rival firm Data.ai in a move that could create a powerhouse entity in the mobile intelligence industry. Financial details of the deal were not disclosed. Both market intelligence platforms, Sensor Tower and Data.ai help businesses and developers track key metrics for their mobile apps, such as download estimates, active user base, in-app revenue generation, and user engagement relative to specific demographics and competitor performance.

Popular Vehicles and Services debuted on the exchanges with a discount of 2% on Tuesday. The stock listed at Rs 289.2 on NSE, compared to an offer price of Rs 295. Meanwhile, the stock listed at Rs 292, down 1% on BSE. Ahead of the listing, the company's shares had no premium in the unlisted market.

Netflix users in the United States are gearing up for a series of departures from the streaming platform. From beloved classics to recent hits, here's a comprehensive list of titles, which will be leaving Netflix in April 2024, according to a What’s on Netflix report.

Diana's brother Charles Spencer has released his memoir and the book is dominating the Amazon bestseller's chart. The newly released book is titled as "A Very Private School", according to The Hollywood Reporter report. In Charles Spencer's compelling book, readers are confronted with a poignant and deeply personal narrative that sheds light on the harrowing experiences of his childhood spent in a British boarding school.

Investment and asset management firm Alta Capital is looking to invest more than $1 billion in top cities across India over the next 3-4 years as it sharpens its focus on the country's rapidly growing educational infrastructure, said a top company official. The firm has already invested over $1 billion across warehousing, managed workspaces, student housing and educational infrastructure businesses in less than a year of operations till December, which also marked its purchase of education infrastructure development services company Cappella Educore for $200 million. Alta Capital had earlier acquired Goldman Sachs' and Warburg Pincus' 100% stake in student housing platform Good Host Spaces for $320 million in the largest-ever student housing deal in the country. «We are planning to invest $1 billion in India's burgeoning education infrastructure sector in the next 3-4 years. The market for quality education is worth $16 billion in India and is growing at 10% annually given the importance attached to education and skill development. This speaks volumes about the market size and need for private capital to shape the future of education,» Siddhartha Gupta, founder and managing partner, Alta Capital, told ET.

Breitbart's John Carney and economist Joe LaVorgna react to the employment statistics on 'Kudlow.'

Indian startups are expected to raise $10-12 billion this year, Peak XV Partners managing director Rajan Anandan said on Monday. “$10 billion, which is Rs 80,000 crores of funding per year, is enough to build our ecosystem,” he said.

With the cost of college education adding a significant financial burden to millions of Americans each year, particularly in some highly specialized sectors such as health care, is it still prudent to continue formal education after high school?

South Carolina freshman MiLaysia Fulwiley had become Curry Brand's first official collegiate athlete after signing a multi-year NIL partnership with the company associated with NBA champion Stephen Curry

Paid loyalty programs are all the rage in the restaurant and retail worlds

Mint explains how these two provisions impact credit card users. Controlling the billing cycles of your card has many benefits. A billing cycle is the period between two consecutive statement dates.

Zomato cofounder and chief executive Deepinder Goyal on Monday said the company’s quick-commerce platform Blinkit will be bigger than its mainstay business of food-delivery in a year’s time. Goyal was speaking at the goverment of India-organised Startup Mahakumbh, a three-day event where startup founders will convene to discuss how policy formations can help boost India's global ranking in innovation. The food-delivery major has big plans to take Blinkit beyond grocery delivery into the territory of ecommerce. ET had reported on March 4 that the Zomato’s Blinkit and Mumbai-based Zepto are adding categories such as electronics, fashion and home appliances as they start looking like mainstream ecommerce sites.

India, ranked as the world’s fifth-largest economy, is primed for significant progress driven by a robust government framework, a stable macroeconomy, substantial investments in infrastructure, and a foreign policy prioritising national interests, said Romal Shetty, CEO of Deloitte-South Asia. The government and corporates have jointly set standards of excellence, he said.