Schools Financial News

Ant Group is closing in on a deal to buy Dutch payments firm MultiSafepay as part of the Chinese financial technology group's latest push into Western payment markets, people familiar with the matter told Reuters. The transaction, which is subject to regulatory approval, is expected to value MultiSafepay at around $200 million, one of the people said. It generates $50 million in revenue, the person added, speaking on condition of anonymity.

Ratnagiri, originally owned by Amina Bi, the mother of fugitive terrorist Dawood Ibrahim. As per a report by the Times of India, the lawyer secured the plots through an auction for a total sum exceeding ₹2 crore. Interestingly, the remaining two plots under Amina Bi's name did not attract any bidders.

Jeffrey Epstein, providing yet more detail about the late millionaire financier's sexual abuse of underage girls and interactions with celebrities. The latest round of documents included additional excerpts of testimony from people who worked for Epstein, copies of phone messages he received — including one from film producer Harvey Weinstein — and lots of legal memos with lawyers discussing who could potentially have been called as a witness in his case, if it ever went to trial.

The average age of a new partner at the Big 4 firms has fallen to 33-35, from 38-40 just 4-5 years ago, according to estimates. An average 35-40% of all partners in these firms are below 45 years compared to 30% 2-3 years back. The starting salary of a first-year partner at the Big 4 is in the range of ₹1.25-1.40 crore, the estimates suggest.

With companies across sectors — led by technology products and services — slashing hiring numbers, IITs are exploring all avenues to ensure that as many students as possible graduate with a job. Meanwhile, some students who are yet to get placed have been applying to off-campus jobs since last month, to have a backup in hand should on-campus offers not come through, students at top IITs told ET.

solar observatory Aditya L1, which is scheduled to reach its final destination at 4 pm on Saturday told ET, she is confident of the spacecraft’s successful insertion in a halo orbit around the Sun-Earth Lagrangian Point L1. “For the entire global community of heliophysicists, this observatory will be a good source of data. A lot of research can be undertaken, and solar activities can be better understood,” she said.

VinFast Auto is setting up an electric vehicle (EV) and battery manufacturing facility at Thoothukudi, near Chennai, which will have the capacity to produce 150,000 EVs in the first phase, a person aware of the developments told ET. The total investment in the 400-acre facility could eventually touch as much as $1 billion or even more, the person said, adding that VinFast is likely to make an official announcement on Saturday.

SentinelOne on Wednesday announced that it had agreed to acquire Bengaluru-based cybersecurity startup PingSafe for an undisclosed amount. The Mountain View-headquartered company in a statement said it will acquire PingSafe for a combination of cash and stock and that the acquisition is expected to conclude in SentinelOne’s first quarter of fiscal year 2025, subject to any applicable regulatory approvals and customary closing conditions.

Guwahati: In Assam the 12-hour state-wide driver protest seeking the scrapping of the new hit-and-run law caused massive disruption in the transportation of goods and passenger service. In Shillong tourist taxis across joined the strike. Following discussion with the transport department the drivers’ body has decided to shorten the strike from 48 hour to 24 hours.

Transporters' unions of Assam, whose strike against the new penal law on hit-and-run cases brought commercial vehicle services to a standstill on Friday, decided to call off their agitation, an official said. The strike will be withdrawn at 5 am on Saturday, he said. The decision to call off the 48-hour strike was taken following discussions with the state government.

MobiKwik on Friday filed draft papers for its initial public offering (IPO) with the stock markets regulator, proposing to raise Rs 700 crore through a fresh issue of shares. This is the second time One MobiKwik Systems, parent company of the digital payment service provider, has filed its draft papers. MobiKwik had abandoned its initial listing plans in 2021, citing weak market conditions.

capital overseas, raising hope for the nation’s wealthy as they wait for clarifications from regulators to make similar moves. Premji Invest has received an in-principle approval to set up a so-called family investment fund at Gujarat International Finance Tec-City, also known as GIFT City based in Prime Minister Narendra Modi’s home state, according to people familiar with the matter. Dozens of applications for FIFs that allow families to make investments across various asset classes and instruments offshore, are still pending, said the people, asking not to be identified discussing a private matter.

Uttar Pradesh Basic Education Council (UPBEC) has announced a winter vacation for all schools in the state. The directive, which extends until January 14, 2024, applies to schools from pre-primary to Class 8.

Varun Saboo, Head-Equities, Anand Rathi Shares, says “rural economy has been doing fine. We have been of the view that the rural economy has continued doing well. It is just that the pricing growth was very strong. Prices of most products have literally doubled in the last three years. All these consumer companies – be it FMCG, be it discretionary names, be it auto companies – have seen a huge inflation. We have seen products going up around 70-80% to about 100%.” What are the return expectations considering this is going to be an eventful year, first half India elections and then second half US? Varun Saboo: If we speak about elections it is better to speak about the India side, at least the results which we saw of the state elections which went by it is kind of getting into a consensus where there is a belief that there will be a strong majority again by the current government coming in. There is a lot of euphoria around it. And that is reflected in our markets.

Central Board of Secondary Education (CBSE) has just announced significant revisions to the 2024 board exam timetable for both Class 10 and Class 12. These updated schedules, available on the official CBSE website at cbse.gov.in, bring changes to various exam dates. Among the notable alterations are the rescheduling of specific papers. For instance, the Class 10 Tibetan paper, previously slated for March 4, 2024, has been moved to February 23, 2024. Additionally, the Class 10 Retail paper, initially set for February 16, 2024, will now be held on February 28, 2024.

By Max A. Cherney and Abhirup Roy

Regardless of your perspective, Harvard looks bad right now—and that’s good for America. The resignation of Claudine Gay as president has brought the university unwanted attention for lacking both academic standards and moral clarity. She made mistakes, but in many ways, Harvard set her up to fail.

Apple and Disney cannot avoid shareholder votes about their use of artificial intelligence put forward by a labor group, the top US securities regulator has ruled. In notices dated Jan. 3, the US Securities and Exchange Commission rejected requests by the iPhone maker and by the entertainment giant to exclude from their upcoming annual meetings calls for reports on their use of AI.

A bill to ban oil and gas production within a mile (1.6 kilometers) of schools and day care centers across New Mexico is among the first published proposals as the state Legislature prepares for a 30-day session that could bring an overhaul to fundamen...

The shooting at Perry High School took place just after 7:30 a.m. (1330 GMT) and resulted in «multiple victims,» Dallas County Sheriff Adam Infante said at a news briefing. The extent and exact number of injuries were still being determined, he said.

Perry, Iowa, witnessed a shooting that resulted in «multiple gunshot victims,» as confirmed by local authorities. Dallas County Sheriff Adam Infante, addressing the media, reported that the situation is now under control, although there is uncertainty about the number of injuries or potential fatalities.