Schools Financial News

Mswipe Technologies on Monday said that it has been granted payment aggregator (PA) licence by the Reserve Bank of India (RBI). This comes after the company received an in-principle nod from the central bank to operate as a PA in August 2022.

The consulting sector emerged as the top recruiter, with 167 students (31.6%) bagging offers, the institute said in a statement on Monday.

Alva’s Education Foundation, is recognized as the top Kannada medium school in the state for its quality of teaching and co-curricular activities. The offline exam is scheduled for March 3rd. The entrance examination is held for admission to classes VI, VII, VIII, and IX. This year, the school has received the highest number of applications to date, with around 300 available seats. All applications were sent via post. According to Headmaster Srinidhi Yalachittaya, the entrance examination has been conducted since 2010. Initially, the exam was held at the district headquarters but is now exclusively held at the Alva’s campus in Moodbidri. The number of applicants has significantly increased over the years, with 1,500 candidates applying during the first year and 19,006 candidates applying this year, marking the highest number in the school's history. In the previous year, the school received 13,169 applications, and approximately 12,000 candidates appeared for the exam. Out of these, only 250 students were shortlisted and admitted to various classes. Yalachittaya mentioned that the intake of students varies each year and is dependent on the performance in the entrance exam. Students admitted under the foundation’s adoption system receive free education and are provided with opportunities to enhance their non-academic skills.

Adani Group is reportedly in advanced discussions with prominent sovereign funds based in West Asia to secure funding of up to $2.6 billion. This potential move to raise funds is part of the conglomerate's expansion plans for airport infrastructure and green hydrogen projects, Business Standard reported. Adani Group has embarked on a series of roadshows in key financial hubs such as London, Dubai, and Singapore. During these engagements, Adani executives have been briefing potential investors on the company's future endeavors.

“Renewal and green energy investment are two focus areas of the government. The share of renewal in the overall energy pie is only going to increase going forward, not only in India but across the world,” says Sachin Bajaj, Executive Vice President & Head – Investments, Max Life. In an interview with ETMarkets, Bajaj said: “Fiscal consolidation, continuation of capex growth, focus on energy transition, housing, tourism, healthcare, and railways are the key themes from the Budget,” Edited excerpts: Rs 11.11 lakh cr – a number which has caught the eye of many. What do you make of the current outlay and the impact it will have on the economy? Sachin Bajaj: Rs 11.11 lakh crore is the capital expenditure target for the next fiscal year. While the growth of 17% for FY25 looks a bit lower when compared to the current financial year, however, if we look at the capex for FY21, the same number was Rs 4.1 lakh crore, i.e., almost a 3x increase in 4 years.

cricket stars, Yashasvi Jaiswal and Sarfaraz Khan, after they dominated England on Day 4 with their flashy batting performances and helped India secure the biggest Test win ever. “Double hundred. Double fifty.

banking legacy of Karnataka which has disappeared due to the recent bank mergers. Speaking at the centenary celebrations of Karnataka Bank here, he said, «Karnataka was the cradle of banking in India. Unfortunately, many legacy Karnataka banks such as Syndicate Bank, Vijaya Bank, and Corporation Bank have been merged with other banks. I call upon banks like Karnataka Bank to bring that glory back to Karnataka.» «I urge Karnataka Bank to bring back the glory and pride of the banking legacy in Karnataka. The banking has a rich history in the region and don't forget the road you have taken to reach here,» he said after releasing a Rs 100 coin and a stamp to commemorate the centenary celebrations of Karnataka Bank.

investors have raised red flags over the management's failure to recover about Rs 1,400 crore from a Dubai-based reseller, More Ideas General Trading LLC, while paying out Rs 300 crore in sales commissions at a time when the debt-laden edtech firm is battling a severe fund crunch. Byju’s has, however, disputed the investors’ claim. In an Extraordinary General Meeting (EGM) notice, a copy of which ET has reviewed, the investors said the company's value has eroded due to the management's neglect in enforcing its legal rights.

Aroa Venture Partners, a 2020-founded venture capital firm that invested in companies such as Unacademy, Urban Company and Cred, has launched a new fund with a target corpus of Rs 400 crore (about $50 million). Aroa Opportunities Fund, which registered as a category II alternative investment fund (AIF) with Securities and Exchange Board of India (Sebi) in October 2022, has received in-principle commitments of over Rs 400 crore so far, founder and managing partner Gaurav Gulati told ET in an interaction.

Invest India is building a tool called I-chat policy with an idea to incorporate the policies and regulations of India's 28 states and make them available to investors through a common platform. It will soon add details of union territories as well. «This has been rolled out as a pilot internally. But the larger goal is to enhance the ease of doing business for an investor,» Invest India chief Nivruti Rai told ET.

Snapchat’s parent company Snap Inc is recalibrating its focus on some of its key money-making markets like North America and Europe, the messaging app’s investments in India continue to drive monetisation of its more than 200 million monthly users, Snap India managing director Pulkit Trivedi told ET in an interview. “India continues to be a growth country for Snap and we’re looking at India in a very different way given that there is a huge headroom to grow on the community side as well as on the monetisation side. So, we continue to invest in India,” Trivedi said.

The trend kicked off a few months ago with some of the big tech companies seeking to rationalise their workforce, they said.

programmability and offline functionality of the central bank digital currency (CBDC) are going to drive the next fintech wave, said National Payments Corporation of India (NPCI) managing director Dilip Asbe. He was speaking at a panel discussion with Jay Kotak, co-head of Kotak811, and MN Srinivasu, co-founder of Bill Desk, at the Mumbai Tech Week on Sunday.

Rohit Sharma said staying in the game for all five days was more important than winning in two or three days. Speaking at the post-match presentation, Rohit said, "When you play Test cricket, you do not play it in two or three days. You have to stay in the game for five days.

Indonesian Defence Minister Prabowo Subianto as the next president augurs well for Jakarta’s strategic partnership with New Delhi, given that he has shown keen interest in India’s defence capabilities and social security schemes, according to experts. Subianto had contested the presidential polls in 2014 and 2019, but never won. This time round, the 72-year-old former Special Forces commander has cornered enough votes to be sworn in as the next President of Indonesia.

Tesla CEO Elon Musk has shared intriguing insights into the potential synergies between OpenAI's Sora and his own autonomous driving ambitions after the ChatGPT maker unveiled its text-to-video model. Responding to a video captioned 'What does @OpenAI's Sora have to do with @Tesla's FSD (Full Self-Driving) v12?' on X, Musk said, «Tesla has been able to do real-world video generation with accurate physics for about a year».

Canada implemented changes to the post-graduation work permit program (PGWP). Students who have completed a master’s degree program, even under two years, will now qualify for a 3-year PGWP, provided they meet all other eligibility criteria. However, starting September 1, 2024, students enrolled in curriculum licensing agreement programs will no longer be eligible for a PGWP. In addition, the special measures for distance learning and PGWP validity have been extended until August 31, 2024. Are you immigration ready? Find out A post-graduation work permit is an open work permit granted to foreign students upon completion of their studies in Canada. PGWP holders are free to work anywhere in Canada for any employer for as many hours as they like.

Managing such conflicts and getting something positive out of it is a key skill C-suite executives have to learn to become effective leaders.

social media to cigarettes. Checking your likes, they say, is the new smoke break. Others say the unease over social media is just the next round of moral panic about new technologies. We are a pair of researchers who investigate how social media affects the mental health of young people. More than 75% of teens check their phone hourly, and half say they feel like they're addicted to their devices.

gender diversity as being good for business, the numbers show a yawning gap across corporate India, with the presence of women leaders at an abysmally low level in the C-suite. A mere 4% of executive directors — roles at the level of MD, CEO, CFO, finance director and similar — or six out of 146 are women in the Nifty 50 companies, according to an analysis for ET by Primeinfobase.

Isro) on Saturday successfully launched INSAT-3DS, a weather monitoring and disaster warning satellite. The satellite was launched atop the GSLV-F14 rocket from Sriharikota. It will observe various atmospheric parameters and provide information related to the weather and the climate, the space agency said.