Schools Financial News

MyGate on Thursday announced an offer to buy back shares held by employees under its stock ownership plan (Esop). The company is offering employees across all roles and business verticals who have worked for more than four years the opportunity to cash out 20% of their vested shares.

generative artificial intelligence (AI) startup, Sarvam AI is working towards launching its first commercial 'voice-to-voice endpoint' in the next six to twelve months, cofounder Vivek Raghavan said on Thursday at a session at an annual event for Software-as-a-Service (SaaS) startups, SaaSBoomi. “You can expect these kinds of voice-to-voice endpoints in at least 10 (Indian) languages and you can expect some experiences built upon this and also there are example experiences in the sense that there are ways for people to build things on top of it,” Raghavan said.

By Mark Milke

A small study published 40 years ago set off shock waves in education circles for decades with claims that the right kind of tutoring vaults middling students to the top of the class. Ever since, a number of educators and tech leaders, inspired by the findings, have been chasing these dramatic gains. The latest to take up this cause is Sal Khan, perhaps the country’s leading evangelist for the potential of artificial intelligence in education and whose nonprofit has developed an AI chatbot.

17-year-old student was killed and four other people were wounded when gunfire erupted at a bus stop. The victims included two women who were riding on a bus.

Evidence is mounting that a daily toke can be bad for your heart. A large new study in the Journal of the American Heart Association found that the more often one partakes in cannabis, the higher one’s risk of heart disease, heart attack or stroke. Daily users had a 25% higher chance of having a heart attack and 42% higher odds of a stroke than non-users.

Monetarism a la Friedman says that inflation everywhere is always a monetary phenomenon. Increasing money supply by lowering interest rates can bring about only short-term gains in terms of increased GDP. But as time passes, it will be inflationary, as price expectations and wages adjust to increased money supply.

A wealthy campaign donor of California Gov. Gavin Newsom said his Panera Bread restaurants will comply with a new minimum wage law

Vinod Khosla, who is the cofounder of Sun Microsystems and the founder of Khosla Ventures, has called out Elon Musk for suing OpenAI. He termed Musk's move «a case of sour grapes». Khosla has been an investor in OpenAI since 2019 when the company became «for profit».

U.S. Bank Wealth Management senior vice president Lisa Erickson looks ahead to this week's retail earnings and Fed Chair Powell's testimony on Capitol Hill.

About half of Medicare Advantage members left their plans by the end of five years, according to a study published in 2023

South Korea’s president vows that he won't tolerate the prolonged walkouts by junior doctors, calling them “an illegal collective action” that threatens public health

The Dartmouth men's basketball team has voted to unionize, taking an unprecedented step toward forming the first-ever labor union for college athletes

Certificate Program in Strategic Brand Management and Communications.This 28-week program caters to a diverse audience of professionals across various career levels, providing a comprehensive approach to brand infusion, precise business strategies, and enhanced customer engagement. It is designed for early to mid-career individuals in branding, marketing, and related fields, as well as senior leaders in marketing and brand management.

generative artificial intelligence (AI) tools from Adobe has resulted in productivity improvements. IBM said it was using Adobe's tools, which can generate images from text-based prompts, to help with marketing campaigns. It is an early test of Adobe's strategy to create AI systems trained on its own proprietary data with legal guarantees against lawsuits, a strategy that Adobe hopes will lure in large businesses.

National Law School of India University (NLSIU) completed their 40-day internship at the Commercial Taxes department as part of an MoU both signed to learn from each other’s domain of expertise. The internship would help students of the prestigious law school get first-hand experience of aspects such as implementation of GST, the GST laws, how we deal with indirect tax collections, claims of refunds, regulations, orders of authority of advance ruling, GST Council deliberations and court orders. Apart from these, the students will also get to experience how a government department functions, Commissioner of Commercial Taxes C Shikha told ET. “The students were from the fourth and final years of the 5-year law course,” she added. “They were all very bright. The day-to-day interaction with the students helped my colleagues also benefit from their knowledge of law.”

Google and Indian internet companies have agreed to a four-month extension in the timeline for payment of service fees to the Android maker. The development marks a pause in the acrimonious face-off between Indian internet firms and Google over the US firm’s billing policies that finally prompted the Indian IT ministry to step in to play peacemaker.

Social media startup Hunch has raised $23 million in a funding round led by US-based Alpha Wave and South Korea-based Hashed Emergent. The firm did not disclose the valuation at which the funding, which came as a primary infusion, was done. Hunch had earlier raised $3 million in seed funding in December 2022, when it first launched its app, cofounder and chief executive Ish Goel told ET on Wednesday.

JD.com reported fourth-quarter revenue above estimates on Wednesday and upsized its share repurchase program, as aggressive price cuts helped revive demand from consumers grappling with an uncertain economy. The company's US-listed shares rose 9.4% in premarket trading.

captain Rohit Sharma on Wednesday, lauding the off-spinner ahead of his 100th Test as a «rare» talent critical for the team's success. The fifth and final Test against England, starting here on Thursday, is inconsequential to the final outcome of the series as India have already taken an unbeaten 3-1 lead. But it has become significant due to the 100-Test milestone set to be achieved by Ashwin and England batter Jonny Bairstow. "(It's a) big achievement for any player to play 100 Tests. It is a big milestone. He has been a match winner for us. What he has done for us, no praise is enough," Rohit said on the eve of the match. «His performances over the last five-seven years, every series he has contributed. It is rare to have players like him,» he added.

Rohit Srivastava, Strike Money Analytics & Indiacharts, says “March is the last month of the financial year and once profit booking has started, it will remain for a while, till the later part of the month. This is something to be aware of that the pressure may not end in a day. Will it also spread to the Nifty, that is the second question I am getting because early in the morning Nifty was not selling off and Bank Nifty is still positive today. In 2018, we saw such divergences between the Nifty and smallcap. But usually, when one is falling a lot, the other one eventually gives in.”