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AP report. Since the 16th century, leap years was an invention of the Gregorian calendar, to address a discrepancy in the solar year. Bearing in mind it takes around 365.2422 days each year for the Earth to revolve around the sun, the extra snippet (around six hours a year) adds up over time.

PayU Payments has significantly bolstered its board of directors, appointing five new members in a strategic move that expanded the board's strength to seven on February 29, according to a report by Moneycontrol. This diverse group brings a wealth of experience in finance, law, and business leadership, aiming to provide valuable guidance and support to PayU as it navigates the ever-evolving payments landscape in India. Leading the new appointees is Renu Sud Karnad, the former Managing Director of Housing Development Finance Corporation (HDFC), who will serve as the Chairperson of the board, the report added.

Leap years have been with us since the 16th century, an invention of the Gregorian calendar, introduced to deal with a troublesome fraction in the solar year. Bearing in mind it takes around 365.2422 days each year for the Earth to revolve around the sun, the extra snippet (around six hours a year) adds up over time. Leap days regulate things – without them we would fall out of sync with the seasons, causing havoc for farmers and their crops as well as school holidays.

DailyHunt is in advanced stages to acquire Indian start-up Koo, TechCrunch reported citing sources on Wednesday. The deal may be finalised in as many as three weeks, the report said. Koo, which has been touted as an alternative to social media platform X, which was previously known as Twitter.

Bumble said on Tuesday it would cut about 350 roles, marking new CEO Lidiane Jones' first big move, after the online dating company forecast disappointing first-quarter revenue as it grapples with a slowdown in user spending. Shares of the Austin, Texas-based company, which offers dating apps such as Bumble, Badoo, and Fruitz, fell more than 7% in extended trading.

United States, and will see the almost $60,000 undiscounted annual tuition fee become zero. The school, and its affiliated hospital the Montefiore Medical Center, are located in the Bronx -- New York City's poorest borough, where health outcomes are some of the worst in the state, according to official statistics.

A former finance director at New York University has pleaded guilty to a more than $3 million fraud scheme that authorities say helped fund a swimming pool and other renovations to her home in Connecticut

tentatively on June 30, 2024. Open the CUET UG 2024 application form link. Open the new candidate registration page.

Zeno Health, which runs a chain of generic medicine-focussed pharmacies, has raised $25 million from investors led by Korean private equity firm STIC Investments. Existing investor Lightbox Ventures was a significant participant in the Series C funding round.

logistics startup Shadowfax has raised $100 million in a mix of primary and secondary investments as part of its latest funding round led by growth investor TPG NewQuest. Existing investors including Mirae Asset Management, Flipkart, International Finance Corporation, Nokia Growth Partners, Qualcomm, and Trifecta Capital also participated in the fundraise. The round also includes an element of venture debt.

corporate affairs ministry is probing various Chinese companies, especially those with links to loan apps, for alleged violations and some of the investigations are at an advanced stage, according to a senior official. In recent times, Indian authorities have been cracking down on entities that are operating loan apps illegally and the ministry has also been acting against companies and related individuals for hiding beneficial ownership. The senior official told PTI that enquiries by the ministry are going on against various Chinese companies, especially those linked to loan apps, and some of the enquiries are at an advanced stage.

Siddharth Srivastava, ETF Products & Fund Manager, Mirae Asset Investment Managers (India), says “from a macroeconomic indicators point of view, there are no red flags. Things look robust. But I think investor expectations this year or for next year or so should be muted. Somewhere around low teens is what investors should be okay with unless and until there is a next good set of news which will provide the next momentum to the market.” Let us begin by discussing the market setup itself. We are very poised at an inflection point where there are no major triggers for the markets because elections are priced in, earnings are behind us, and there is no other major event ready to watch out for. What do you then think is the right expectation in terms of returns from the Indian markets this year? Siddharth Srivastava: From a valuation point of view, investors should remain cautious, especially in the microcap, smallcap category. There are pockets of opportunities, especially in the largecap and the midcap side. But markets will consolidate. Earnings need to come out at a reasonably good level to justify the valuations where we are currently on. I think that will drive the next possible support in the markets.

Meghana Malkan, Malkansview.com, says “there are two sectors that I would go by. One is the realty sector, the other is the pharma sector. Some kind of trade is being set in these two sectors. For example, when it comes to pharma, Zydus Lifescience is something I would be looking at. I will also be looking at Sun Pharma. Lupinis the third one.”. Let us talk about the market. It is pretty quiet, isn't it? We have been consolidating for a while now. We have seen these sharper moves towards the day and otherwise. But what is your view? What are you making of the moves coming in the markets? Will we see a prolonged phase of consolidation after hitting new highs? Meghana Malkan: Yes, we have been consolidating, but we are consolidating with the weakness at base. For example, if you talk about Nifty, I see very strong resistance coming at 22,200 and there are divergences on momentum indicators that makes Nifty on the weaker side. But where I see more weakness is in Bank Nifty. Bank Nifty is way weaker than Nifty and I believe it has a potential to go all the way down to 45,700. So, this is how I read both the indices.

businesses need to nurture and invest in startups but not with an intention of owning them, Deepinder Goyal, founder and CEO of food-delivery company Zomato said on Tuesday. “I think established businesses need to nurture startups…and I don’t think we have that kind of a culture yet, and larger businesses also need to start funding startups but not with an intention to own them but with an intention to help them become bigger,” Goyal said, at the curtain raiser event of the Startup Mahakumbh, which is slated to happen on March 18-20.

«We have a lot of data about the world of work. We have over one billion members around the world, and 120 million in India,» said Cohen.

Expedia said on Monday it was cutting about 1,500 jobs globally, or about 9% of its total workforce, as part of its «organizational and technological transformation». The restructuring comes after Expedia warned earlier this month that revenue would moderate in 2024 as air ticket prices drop and said CEO Peter Kern was stepping down.

artificial intelligence (GenAI) projects are expected to go live this year, helping clients drive greater value from the technology, Harrick Vin, chief technology officer, Tata Consultancy Services (TCS), told ET. “We are currently engaged in over 250 different projects in various categories, but they are all mainly in assist and augment categories,” said Vin, who took over the role in July.

Micron Technology has started mass production of its high-bandwidth memory (HBM) semiconductors for use in Nvidia's latest chip for artificial intelligence, sending its shares up more than 5% on Monday. The HBM3E (High Bandwidth Memory 3E) will consume 30% less power than rival offerings, Micron said, and could help tap into soaring demand for chips that power generative AI applications.

ICSE Class 10 Board 2024 Exams: The Council for the Indian School Certificate Examinations (CISCE or ICSE) on Monday successfully conducted the Class 10 board examination for the academic year 2023–24 for History and Civics subject. The ICSE board exams started on February 21, 2024, and will end on March 28, 2024. - The History and Civics exam was held offline on February 26, 2024, from 11:00 am to 1.00 pm.

food delivery apps like Zomato and Swiggy, quick service restaurant operators are finding the going tough with both their revenue and margin coming under severe stress while road to recovery is longer than estimated, says a report. The report by French brokerage BNP Paribas stated that the rising popularity of food aggregators has hurt dine-in sales of quick service restaurants (QSR) and has also fragmented delivery sales. Also, with more restaurants partnering with food delivery platforms, consumers now have more options, leading to fragmented sales which are likely playing a part in the weakness in average daily sales of the QSR industry besides the general weakness in demand due to elevated inflation, the report highlighted.

Nirmala Sitharaman and S Jaishankar will contest the upcoming Lok Sabha polls, their cabinet colleague Pralhad Joshi said on Monday without elaborating much on the subject. “It is more or less decided that they will contest the LS polls,” he told the media in Dharwad while adding that the party was yet to take a call on whether either of them should contest from Karnataka or both from outside. It is often speculated that either Jaishankar or Sitharaman will contest from Bengaluru as the BJP won all three seats in the city in 2019. The FM represents Karnataka in the Rajya Sabha and is also quite familiar with Tamil Nadu and Telangana. Born in Madurai, she toured Tamil Nadu ahead of the Ram Mandir Pran Pratishtha in January and watched the ceremony from Kanchipuram. Jaishankar, who did his early schooling in Bengaluru, actively campaigned for the party ahead of the assembly polls, last year.