Schools Financial News

FTX has sold 22 million shares worth close to $1 billion in Grayscale Bitcoin Trust (GBTC) since it was converted into an exchange-traded fund (ETF) earlier this month, taking FTX's GBTC ownership down to zero, CoinDesk reported on Monday. GBTC in all saw outflows of more than $2 billion since being converted into ETF, according to the report, which cited private data reviewed by CoinDesk and two people familiar with the matter.

Binance, the world's largest cryptocurrency exchange, to defend its request that she dismiss a high-profile case brought against it by the U.S. Securities and Exchange Commission (SEC). Binance has asked federal Judge Amy Berman Jackson to toss out a lawsuit the SEC filed alleging Binance broke its rules and committed fraud. The lawsuit is one of Binance's last major legal challenges in the U.S.

Adani Ports and Special Economic Zone and Adani Electricity Mumbai to stable from negative on signs of robust cash flow in the next 12 to 24 months. Adani Ports' ratio of adjusted net debt to earnings before interest, tax, depreciation and amortization — a measure of its ability to pay off liabilities — is expected to be in the range of 3x to 4x over the next two years, S&P said.

Marc Miller announced on Monday.Miller announced a slew of other curbs while speaking at the Liberal cabinet retreat, which he said would reduce the intake by 35 per cent over the next two years.The cap, he said, would be distributed provincially per capita, according to population.“In order to maintain a sustainable level of temporary residence in Canada, as well to ensure that there is no further growth in the number of international students in Canada for 2024, we are setting a national application intake cap for a period of two years for 2024. The cap is expected to result in approximately 364,000 approved study permits, a decrease of 35 per cent from 2023,” he said.He added that the cap will look different for each province.“In the spirit of fairness, we are also allocating the cap space by province based on population,” Miller added, saying that “some provinces will see much more significant reductions.”Miller said he has already had “productive discussions” with the governments of Ontario and British Columbia.Miller said the cap will not apply to students at graduate levels of studies, including master’s and doctoral students.

Ram temple in Ayodhya on Monday. BigBasket’s BB Now, Zepto, Blinkit, and Swiggy Instamart capitalised on the event by promoting the sale of items such as lamps, flowers, incense sticks, coconuts and sweets with the introduction of a separate category for these products on their apps.

Persistent Systems aims to visit fewer campuses for hiring freshers, a senior official said on Monday. Over the next three years, the company is also targeting to expand its operating profit margin by about 3 percentage points above the levels of about 14.5-15 per cent it aims to exit FY23, its chief financial officer Sunil Sapre told PTI. Speaking two days after the Pune-based company announced its December quarter earnings, Sapre said it is already carrying candidates who have been trained for 18 months in some cases and are yet to be deployed on projects, which is making it circumspect about fresher hiring in the new year.

Catch all the Ayodhya Ram Mandir Inauguration Live UpdatesView

Insurance broking company Lockton said it is entering the Indian market with Sandeep Dadia as its country chief executive. Dadia who was previously the CEO of Aditya Birla Insurance Brokers Limited, has spent around 20 years in the insurance business, having worked with Enam Insurance Brokers and TTK Healthcare Services.

“We are very pleased, especially today because of the collaboration with Shilpa, we are getting so close to the Ram temple in the new hotel. Hopefully, many more such hotels will come up and we need partners like her to make it happen,” saidIndian Hotels MD & CEO on Puneet Chhatwal following collaboration withShilpa Shorewala Jhunjhunwala, Wholetime Director, KM Vyapar.Edited excerpts:

Apple Macintosh, the first PC with a user-friendly mouse and graphical interface that helped the machines enter the everyday lives of people for the first time. Jobs, playing the showman inventor to perfection in a black suit and silver bow tie, opened a zipper bag in an auditorium in Cupertino, California, on January 24, 1984, and lifted out a lightweight computer that not only operated at the click of a button but also, thrillingly, talked.

In the days leading up to 22 January, I could not sense any genuine mass euphoria among temple-going Hindus over the consecration of the Ram temple in Ayodhya. There was importance attached to the day, like an approaching festivity, and few had a quarrel with the authorities for asking them to observe remote ceremonies or ordering schools and stock markets shut. But I sensed no religious fervour among devout Hindus.

Rahul Shah, VP, Equity Advisory, MOFSL, says “auto as a sector has done quite well and the entire ancillary pack has also done well. So, obviously the demand is coming back for the entire auto pack as a whole. They are undervalued and one trend in the markets is that stocks which are available at reasonable valuations, especially in the midcaps, are getting fancied again.”

Atul Mehra has resigned from his position as joint managing director at JM Financial Services after a 33-year tenure in the group, the company said in a filing with the stock exchanges on Saturday.

Nitin Raheja, ED,Julius Baer Wealth Advisors, says “some of the defence stocks are getting valued based on order books. We forget that these kinds of businesses tend to be lumpy and from quarter to quarter, there could be big variances. Some of these valuations do not leave too much margin for error. In Railways stocks, again, we are seeing something similar taking place in terms of valuations. We will probably see some amount of lull in the next three, six months as we get into elections.” What is your take on the entire FMCG basket because for the bulk of last year, there was underperformance from this sector though in the last couple of months, there was a bit of an uptick. Is the worst over? Has the rural demand scheme bottomed out? Nitin Raheja: Anecdotally, two-wheeler companies are talking about at least initial signs of revival. So, while we do not have full-fledged data to support the fact that there is a revival, clearly there are early signs of a revival in the rural economy. If that were to subsist and also as we generally get into the election zone, some amount of spending will be taking place in the rural economies, more to do with infrastructure.

Terraform Labs, the company behind the stablecoin TerraUSD, which collapsed and roiled cryptocurrency markets, filed for Chapter 11 bankruptcy in the United States, according to court papers filed on Sunday. Singapore-based Terraform labs, in a filing with the bankruptcy court in Delaware, listed assets and liabilities in the range of $100-$500 million.

Vincent Mortier, Group CIO of France's Amundi, Europe's largest asset manager, said the US Federal Reserve may not cut rates in March as the market is expecting. In an interview with Nishanth Vasudevan, Mortier, who oversees global assets under management worth over $2 trillion, spoke on a range of topics. Edited excerpts: The market is expecting the US Fed to cut rates as early as March. What are your thoughts?

Pran Pratishthan' ceremony as well as 'yajmans', who part of rituals that will take place on January 22, will represent a diverse mix of castes, communities, sects and schools of thought of Hindu religion and spirituality. This has been aimed at diluting any perception of the temple belonging to any one caste or sect, and casting a wider net of Hindutva to increase acceptability of the Sangh parivar which includes the BJP, VHP and RSS. The Shri Ram Janmbhoomi Teerth Kshetra on Saturday said fifteen people, especially belonging to the lower rung of the societal hierarchy, including Dom Raja of Varanasi Anil Chowdhary (Doms are caretakers of cremation grounds jn Varanasi); president of Vanvaasi (tribal) Kalyan Ashram in Udaipur; Ramachandra Kharadi and Dilip Valmiki from Lucknow belonging to the SC community; Mahadev Gaikwad Ghumantu (nomadic) community, a trustee from Latur in Maharashtra; Shri Ling Raja Vasava Raj Appa (Lingayat community) from Kalburgi in Karnataka and others, along with their wives, will be 'yajmans' for the Pran Pratishtha.

As per a PwC study, around 175 arms of multinationals operating in India qualify for consideration under Organisation for Economic Co-operation and Development (OECD) Base Erosion and Profit Shifting (BEPS) 2.0 Pillar Two regulations.

Ram Temple ceremony live updates The consecration ceremony of Lord Ram in Ayodhya's temple carries immense importance for millions of devotees and followers of Hinduism across India. Ahead of the consecration, the Ram Lalla idol placed inside the sanctum sanctorum is undergoing several rituals on Sunday. Also Read: India's economic boost to come from tourism finds SBI Research, UP to take lead with Ram Temple Here is a list of the places that will remain closed in different parts of India on the occasion of the Ram Temple Pran Pratishtha ceremony on January 22.

Pran Pratishtha being held at Ayodhya." «In accordance with the Office Memorandum issued by the Services Department of GNCTD declaring Half Day Closure (upto 02:30 pm) of all Delhi govt. establishments on 22.01.2024 to enable the employees to participate in the celebrations of Ram Lalla Pran Pratishtha being held at Ayodhya, all govt.

The tech giant advises to consult with a medical provider before using Apple Vision Pro.