Schools Financial News

Zerodha co-founder, Nithin Kamath, recently shed light on the absence of IIT and IIM alumni among the stockbroker's employees. Speaking with Shekhar Tomar, Assistant Professor of Economics and Public Policy at the Indian School of Business (ISB), Kamath clarified that it's not a policy decision to exclude individuals from these prestigious institutions, but rather a result of historical financial constraints and cultural issues Kamath emphasized that Zerodha did not have the financial capacity to hire IIT and IIM graduates in its early years due to budget limitations. He clarified that the absence of alumni from these institutions in the company is not a deliberate policy but a reflection of the financial realities during the initial phases. According to Kamath, the company couldn't afford the price tag associated with hiring individuals from these elite institutions. He went on to explain the misalignment of priorities between Zerodha and business school students. Kamath highlighted the typical career objectives set by MBA graduates, emphasizing that these individuals often have clear goals and expectations about their career progression. Zerodha's business culture, established in its formative years, did not align with the structured career goals of business school graduates.

Tens of thousands of public sector workers have walked off the job across Northern Ireland

Coaching Centre New Rules: The Central government has issued new guidelines for coaching centres, aimed at ensuring the safety and well-being of students. According to the guidelines, coaching centres can only enrol students who are at least 16 years old or have passed the Class X Board exams.

Campbell Wilson, CEO, Air India, says “this is the beginning of a new fleet, new on-board products, new entertainment systems. This is the first A350; but as we get the other six and then start refitting all of our existing wide-body aircraft, people will see it more frequently.” On Air India getting the first A350 in its fleet Campbell Wilson: Well this reveal of the new Air India is a fresh start. This is our first A350, Airbus’s most modern jetliner. It is Air India’s first new aircraft with the new liveries, the new interiors, the new colour scheme and new amenities, new inflight entertainment system and it signals the next phase of their transformation.

India have clear career aspirations, with a focus on professions such as police, teaching, medicine, Army, and engineering. However, there are notable gender differences in these choices.

nuns and priests, working as teachers in government-aided Christian missionary schools, are entitled to income tax exemption. A bench comprising Chief Justice D Y Chandrachud and Justices JB Pardiwala and Manoj Misra on Thursday took note of the submissions of senior advocate Arvind Datar that the plea of several dioceses and congregations from Tamil Nadu and Kerala on the issue needed an urgent hearing. The bench agreed to consider listing the plea, which raised the issue whether the income of nuns and priests, working as teachers, can be subjected to income tax. In December, 2014, the Income Tax department asked the educational authorities to effect TDS (tax deducted at source) from persons working as teachers. The appeals have been filed in the top court after the high courts did not agree to the challenge raised by nearly 100 dioceses and congregations from Tamil Nadu and Kerala. The plea said the income of nuns and priests become the income of the congregation which runs the school and that these teachers personally do not acquire the money paid as salaries. The high courts at Madras and Kerala rejected the pleas for income tax exemption. The pleas said the IT exemption was being enjoyed by government-aided missionary schools from 1944 till the union government decided to impose tax deduction at source in 2014.

recently certified class action lawsuit is seeking at least $1.2 billion from multinational company Bayer on behalf of Canadians who claim to have been harmed while using Roundup weedkiller products.The allegations have not yet been tested in court and Bayer says it stands behind the safety of the products.Roundup, the brand name of a glyphosate-based herbicide that is the subject of the lawsuit, is the most commonly used herbicide in the world and has been sold across Canada since 1976 by U.S. company Monsanto. The German pharmaceutical giant Bayer acquired Monsanto in 2018.About 165,000 claims have been filed in the U.S.

Ram temple consecration ceremony scheduled in Ayodhya, as per an order issued by the Ministry of Finance on January 18, The order specifies a half-day closing, effective until 2:30 PM, for Central Government Offices, Central Institutions, and Central Industrial Establishments on January 22, 2024. The Department of Personnel and Training (DOPT) has also released an order allowing employees to participate in the 'Pran Pratishtha' celebration.

Amazon.com said on Thursday it is laying off fewer than 5% of employees at its Buy with Prime unit. Launched in 2022, Buy with Prime gives retailers, who are not Amazon merchants, fulfillment and delivery services through its logistics network.

jobs for all students this placement season. The impact of the global slowdown and over-hiring during the post-Covid job boom are being felt at the Indian Institutes of Management (IIMs), where final placements are either ongoing or will begin soon. This year is turning out to be one of the most difficult ever for placements at the top IIMs of Ahmedabad, Bangalore, Calcutta, Lucknow, Indore and Kozhikode, officials and students across institutes told ET. Many did not wish to reveal their identity or their institute.

Ram Temple in Ayodhya, scheduled for January 22, has prompted several states or central governments to declare it a public holiday or half day in honor of this significant Hindu event. The Department of Personnel and Training on Thursday announced that all central government offices will be closed for half day on January 22 on the occasion of the Pran Pratishta ceremony of Ram Lalla idol at Ayodhya Ram Temple.

As a child growing up in Canada’s northernmost community, P. J. Akeeagok wanted to be a water truck driver.

President Joe Biden has unveiled $82 million for North Carolina to help connect an additional 16,000 households and businesses to high-speed internet

Nebraska Gov. Jim Pillen covered everything from the state’s response to recent winter storms to his support for a bill to limit transgender students' access to bathrooms in his state of the state address

₹1.6 lakh plus taxes for a 1,500-square-foot apartment, which includes a year’s maintenance. As Yamini Aiyar, head of the Centre for Policy Research, pointed out last November in a column for Deccan Herald, such high-end solutions for those who can afford them are another example of the well-off in effect ‘migrating’ further away from the realities faced by the rest of India, a widening gulf that can be traced to the grossly inadequate provision of public services by the government, especially in the fields of education and medical care.

₹2 lakh ex-gratia Distressed by the loss of lives due to a boat capsizing at the Harni lake in Vadodara. My thoughts are with the bereaved families in this hour of grief. May the injured recover soon.

crypto wallet addresses in 2023, including addresses identified as sanctioned or linked to terrorist financing and scams, crypto research firm Chainalysis said on Thursday. Cryptocurrencies enable people to send money around the world without using the mainstream financial system. The underlying blockchain technology creates a record of transactions where senders and receivers are identified only by their wallet addresses, which are a string of letters and numbers.

SUNROOOF is the best example of modern technology, innovation, and design that aims tobring the sun inside basements. Basements are quite underutilized because of a lack of natural light. They feel dead and lifeless.

The MNCs are also moving an increasing number of global and senior-level roles to the GCCs in India. This is prompting them to woo top talent by paying higher than the compensation offered by many in the technology industry including products, services and tech-enabled startups (barring a handful of large IT firms), they said.

Sun Mobility on Thursday said it will power and deploy 30,000 scooters of Bengaluru-based startup Bounce Infinity across key markets. These markets – including Bengaluru and Hyderabad, Mumbai, Pune and Delhi – will see Sun Mobility generate business under both its battery-as-a-service and mobility-as-a-service models.

Taiwan's TSMC will formally open its new chipmaking foundry on Japan's Kyushu island on February 24, its chairman said Thursday, which is part of their plan to expand its global manufacturing footprint. Taiwan Semiconductor Manufacturing Company — whose clients include Apple and Nvidia — controls more than half the world's output of silicon wafers, used in everything from smartphones to cars and missiles.