Schools Financial News

Atal Setu' or the Mumbai Trans Harbour Link (MTHL), the country's longest sea bridge, the face of Navi Mumbai is changing rather swiftly, as it will shorten travel time between Mumbai and Navi Mumbai to 20 minutes from two hours. The bridge will also enable connectivity to 'Third Mumbai' or the 'Navi Mumbai Airport Influence Notified Area (NAINA)'. It is to be noted that at present, the infrastructure projects include MTHL, Navi Mumbai Metro, Navi Mumbai International Airport and NAINA which are unfolding one by one.

Reliance Industries Ltd, India's largest company, has launched the Graduate Engineer Trainee programme, aiming to hire graduate engineers across businesses — from petrochemicals to new energy. Reliance has opened its entry-level recruitment drive for young engineers named the Graduate Engineer Trainee (GET) 2024 programme from all over India, with an aim to nurture young, high-potential engineering talent for key technical roles across business verticals, the firm said on its website. This year, the application process has been taken online for the first time. Registration for the programme has started from January 11 and will remain open till January 19, the firm said on its website.

A pair of teenage girls from Montreal were soaking in humble gratitude when they arrived home after they saved a couple from drowning in Barbados.

saysSujit Bangar, Founder, Taxbuddy.com. In an interview with  MintGenie, Bangar said that the interim Budget may not suggest any changes in tax rates, but major changes in personal taxation may take place. This would be a vote on account.

Chamath Palihapitiya announced on social media platform X, the launch of 8090, a new incubator fully funded by him, to help enterprise software startups get off the ground. «Tell us what enterprise software you use and my team and I will build you an 80% feature complete version at a 90% discount,» his post read.

Google will host more real money and daily fantasy sports games in India on its Play Store apps, including game types and operators “not covered by an existing framework”, the company said. “We are pleased that this new approach will provide new business opportunities to developers globally while continuing to prioritise user safety. It also enables developers currently participating in RMG (real money games) pilots in India,” the company said in a blog.

“Key areas of focus could include tax relief measures to boost consumption and investment, especially for salaried individuals and MSMEs,” says Sonam Srivastava, smallcase Manager & Founder, Wright Research. In an interview with ETMarkets, Srivastava said: “Increased allocation for infrastructure projects is anticipated, which would create jobs and stimulate economic growth,” Edited excerpts: The market seems to have climbed all wall of worries to hit fresh highs in the first week of January 2024. But the voice is getting louder both domestic and global that these valuations are unsustainable. What is you take? Sonam Srivastava: The market reaching new highs in early 2024 reflects a blend of optimism and speculative fervor. The concerns about unsustainable valuations, both domestically and globally, are not unfounded.

online audiobook and podcast service Audible is laying off about 5% of its workforce, marking the third round of job cuts at the ecommerce giant's businesses this week as the technology industry continues to shed roles in the new year. In a memo sent to employees Thursday, Audible CEO Bob Carrigan said the company is in good shape, but faces an «increasingly challenging landscape.» «We did not take this route without considerable thought,» Carrigan said. «But getting leaner and more efficient is the way we will need to operate now — and in the foreseeable future — in order to continue delivering best-in-class audio storytelling to our customers around the world.»

The University of Arizona will not cut any sports as it tries to shore up financial difficulties prior to the school’s move from the Pac-12 to the Big 12

Assam CM Himanta Biswa Sarma on Thursday said that the state government hasn't been approached for necessary permission for Congress' Bharat Jodo Nyay Yatra. Sarma told media persons here: «There is no harm in giving permission as the state government always welcomes tourists. However, rally cannot be allowed through school premises and Guwahati city.

PepsiCo's senior vice president and chief commercial officer at its AMESA (Asia, Middle East and Africa) region, Jagrut Kotecha, is now the frontrunner to head India operations, multiple executives aware of the developments said. «Kotecha is a top contender for the role of president and chief executive officer for its India business now, as his decades-plus experience in PepsiCo's snacks business is being preferred by the global leadership,» one of the executives said.

Boeing Chief Executive Officer Dave Calhoun got emotional at an all-hands meeting as he described the hole blown into the side of one of his company’s planes. I admit to being sceptical when I first read about his public display of feelings. “Oh, come on," I thought, “Just fix the planes." Then I watched the video.

NEW DELHI : The Vishnu Deo Sai government in Chhattisgarh Thursday declare a holiday in all educational institutions across the state on January 22, on the occasion of 'Pran Pratishtha' ceremony of Shri Ram Mandir in Ayodhya. Declaring a holiday for the educational institutions, state minister Brijmohan Agrawal, who handles the Religious Trust and Endowment, School and Higher Education as well as Culture and Tourism portfolios, said in a presser a weekly free train travel scheme for Ayodhya has also been planned. "As per Prime Minister Narendra Modi's promise, the people of Chhattisgarh will get to travel free by train to Ayodhya to have darshan of Ram Lalla.

Dealshare said it has appointed Kamaldeep Singh as its CEO. Post the development, another cofounder Sourjyendu Medda has also left the firm joining Vineet Rao and Sankar Bora who moved on from DealShare. Singh joined Dealshare in December 2022 as president of the retail business at the Bengaluru-based firm. He was previously the chief executive of BigBazaar. Singh's appointment comes after an investor-led restructuring at the firm. ET reported in November last year about Singh being the frontrunner for the post of Dealshare CEO.

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Tata Consultancy Services reported a net fall of 5,680 employees in headcount in the third quarter (Q3) of FY24 taking the overall headcount to 603,305 as on December 31, 2023. The headcount in the December quarter fell by 10,669 compared to the year-ago period.

RC Bhargava, Chairman, Maruti Suzuki, says: “We have preferred Gujarat because we have already established for the first site, a vendor base for all the components. These components today are catering to a demand for 750,000 cars a year. If we can make this to 2 million, there would be significant improvements in the economies of scale and therefore lower cost of production of components. And as components are close to 70% of the cost of a car, any reduction in the component cost is a major advantage to us. Secondly, we are going to more than triple exports by the end of this decade. The export of cars is largely taking place through a port in Gujarat.” We are speaking at a time when the Vibrant Gujarat Summit is underway and you have talked about expanding your presence there. What is the rationale for picking up the same state for the next one million units as well? Have you been that comfortable and successful in Gujarat? RC Bhargava: Well let me clarify, the MOU at the moment says that Gujarat is our preferred state for expansion by another one million units a year Now we have preferred Gujarat because we have already established for the first site, a vendor base for all the components.

Sundararaman Ramamurthy, MD & CEO, BSE, says “whether we accept it or not, every stock exchange, every MII is a fintech. It is dealing with finance and it is a technology company. So the moment you start thinking that you are a fintech in that perspective, you will be innovative, you will be trying to find areas where we need to be continuously on the run. I think not only BSE, everybody in this country needs to be adaptable to changes.” You have completed almost a year. Let us look at the BSE stock price in the last one year. We always say that markets get excited about a change of guard. In this case, magic has happened to your stock in the last one year. There has been a 300% return. Are you feeling happy, excited that shareholders are endorsing your leadership? Sundararaman Ramamurthy: The stock price is a culmination of demand and supply in the market, which comes from what market perceives as what currently is happening and what in future is going to happen. From a stock exchange perspective, it is more like a ladle in a big pot of kheer. The ladle does not know the sweetness of the kheer. The job of the ladle is to distribute it, whether it is sweet or not, the consumers decide.

Patna district. A Times of India report stated that the probe was ordered after a video went viral on social media. The video that belongs to Upgraded Middle School, Korhar under Bihta block in Patna district became viral on social media.

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Alphabet Inc.’s Google is laying off hundreds of staff working on its digital assistant, hardware and engineering teams, the company said as it continues its drive to cut costs. Among the affected workers are those working on the voice-based Google Assistant and at the augmented reality hardware team. Workers in the company’s central engineering organisation were also hit by the cuts, the company said.