Schools Financial News

FAAD Capital, a SEBI-registered Category 1 Angel Fund headquartered in Gurugram, on Thursday, announced the launch of its investor network in Dubai, marking the fund’s first international expansion. With this milestone underscores FAAD, aims to support global collaboration and engaging with Non-Resident Indians (NRIs) and local investors to drive investments into Indian startups. The inaugural Dubai edition of the FAAD Network Investor Meet was held at the Shangri-La Hotel, and participation from over 100 investors was seen.

Virginia Gov. Glenn Youngkin proposed a state budget plan on Wednesday that would permanently give tax relief on tips and cars, measures that his Republican administration has said would give money back to middle- and lower-income workers

Republicans will still be in charge when the Wisconsin Legislature returns to work in January but will have the narrowest majorities in years

Goa Liberation Day is celebrated every year on December 19 mark Goa's freedom from Portuguese rule in 1961. The liberation ended the struggle of freedom fighters against the 451 years of colonial rule. Goa became an integral part of India. The day celebrates the struggle, resilience, and fight of all freedom fighters who fought to achieve the freedom. On this day, various activities are organised in different schools and colleges such as speech competitions, drawing, poster making etc. to commemorate the day.

While some of Baba Vanga's forecasts are considered eerily accurate, others are vague and open to interpretation. Her insights attracted believers who view her as a prophetic figure and skeptics who see her predictions as coincidental or the result of post-event reinterpretation. Despite passing away in 1996, her legacy endures, with enthusiasts continuing to analyze her prophecies for clues about the future.

CBI court in Bhubaneswar granted conditional bail to three persons arrested in connection with a bribery case in Odisha. The court on Wednesday granted bail to Chanchal Mukherjee, group general manager of the CPSU Bridge and Roof Company (India) Limited, and contractors Santosh Moharana and Debadutta Mohapatra. The bail was granted by the court on the production of a bond of Rs 1 lakh and two sureties each, said advocate Subham Satpathy, one of the lawyers engaged by the accused persons. While granting bail, the court put a condition that the accused persons cannot leave Bhubaneswar without its permission. They will also not attempt to tamper with evidence and will cooperate with the investigation.

Real Madrid beat Mexican team Pachuca 3-0 in the Intercontinental Cup final Wednesday, making Carlo Ancelotti the most decorated coach in the club's history. Ancelotti lifted his 15th title with the Spanish powerhouse, surpassing the 14 trophies that he and Miguel Munoz had won. Munoz coached the team in the 1960s and 70s. «Very happy, it's a triumph,» said the 65-year-old Ancelotti, who on Tuesday was named men's coach of the year at the FIFA's «The Best» awards. «We didn't get off to a good start but finished well, showing great attitude.» Kylian Mbappe, Rodrygo and Vinicius Junior scored a goal each as Madrid became the most successful club in the competition with four titles. It also won in 1960, 1998 and 2002.

Vijay Mallya on Wednesday said that banks have recovered Rs 14,131.60 crore from him «against the judgement debt of Rs 6203 crore» but he continues to be «an economic offender». He said in a post on X that unless the Enforcement Directorate and banks can legally justify how they have taken more than two times the debt, he is entitled to relief. «The Debt Recovery Tribunal adjudged the KFA (Kingfisher Airlines) debt at Rs 6203 crores including Rs 1200 crores of interest. The FM announced in Parliament that through the ED, Banks have recovered Rs 14,131.60 crores from me against the judgement debt of Rs 6203 crores and I am still an economic offender. Unless the ED and Banks can legally justify how they have taken more than two times the debt, I am entitled to relief which I will pursue,» Mallya said.

Uttarakhand chief minister Pushkar Singh Dhami on Wednesday announced that the Uniform Civil Code (UCC) will come into force from January 2025. The state has done its homework for the implementation of the UCC, he said. Uttarakhand is set to become the country's first state to implement the UCC after Independence. While chairing the meeting of the Uttarakhand Investment and Infrastructural on Wednesday, Dhami told the officials that Uttarakhand is now fully prepared to implement the UCC from January. He instructed the officials to ensure proper training of the personnel, besides arranging all kinds of basic facilities to implement the provisions of the code. He also asked the officials to keep the maximum services online to avoid the chances of inconvenience for the public.

Chandrababu Naidu government continues to debate the fate of the controversial solar power deal, the Solar Energy Corporation of India (SECI) has defended the «transfer» of the 2,333 mw power project from Azure to Adani Group before the apex power regulator, citing Andhra Pradesh's power requirement and unchanged terms and conditions of the contract, ET has learnt. In a December 7, 2024 submission to the Central Electricity Regulatory Commission (CERC), SECI stated that «Andhra Pradesh had sought for such supply and SECI could finalise the generation and supply of such quantum by Adani Group on the same terms and conditions». It underlined that the transfer to Adani Group did not affect «the essential terms» on which the regulatory approval was given for the overall Andhra power project by the CERC on April 2, 2022.

Bidhanchandra and Hena Biswas. This couple from Garfa near Kolkata paid the ultimate price — humiliation at their daughter's wedding reception. Like all happy parents, last month, the Biswases had booked a catering service to throw a lavish dinner for the occasion. For the 550-odd guests, khana at the reception was a veritable vegetarian feast: buffet comprising lip-smackers like peas kachori, chana daal, dum aloo, paneer, green peas pulao, chutney, mithai… the works.

Bain Capital said on Wednesday it plans to launch a tender offer for Fuji Soft shares even without the backing of the Japanese firm's board should a second-round bid from rival suitor KKR fail. The estimated $2 billion bid for just under half of the Japanese IT firm's shares likely portends a rare hostile tussle between the two global private equity giants. Bain last week offered 9,600 yen per share, 1.6% more than KKR has done. KKR, which has the backing of the Fuji Soft board, secured 33.9% in a first-round tender that managed to dodge an earlier bid from Bain that was at the time higher than its own.

CATL said on Wednesday it had co-developed 10 new electric vehicle models with automakers that use swappable batteries, as the Chinese battery giant seeks to lead a trend it says will replace a third of gasoline stations in China. Yang Jun, CEO of CATL's battery swapping brand EVOGO, said it would roll out the first EV that uses its so-called «choco-swap» battery this month, with the remaining to be launched in upcoming months. CATL will also look to build 1,000 battery swapping stations next year and to accelerate this further by enlisting partners to build more stations, he added.

Sarah Ferguson who is the Duchess of York eventually expressed her unwavering affection for her ex-husband named Prince Andrew while stating that she would marry him ‘all over again, 100 percent’, reported In Style. According to In Style, in spite of their divorce in the year 1996 which was after ten years of marriage, Sarah Ferguson actually emphasized on the strength of their bond while describing Prince Andrew as ‘the best’ and immensely praised his character. She even recalled their wedding day while claiming that as the happiest day of her life and also noted that their love endures despite the severe challenges they have faced. Also Read: Nancy Pelosi endured pain to take a photo with a broken hip and this was responsible for her accident

MMA) fighter Conor McGregor has reached a preliminary agreement to fight American social media influencer-turned-fighter Logan Paul in an exhibition boxing match, the former UFC champion said on social media on Tuesday. McGregor, who was ordered to pay damages last month after a jury in a civil trial at Ireland's High Court found he assaulted a woman in 2018, said the fight would take place in India but did not specify when it would potentially occur. «I am in preliminary agreements with the Ambani family to face Logan Paul in a boxing exhibition in India. I have agreed,» McGregor wrote on X. «I will then seek my return to the Octagon,» he posted.

The amendment proposed that non-filers would be banned from purchasing shares above a certain limit and opening a bank account. They will not be able to make transactions through a bank beyond a certain limit.

Sachin Tendulkar embodies the values of trust, integrity, and excellence that perfectly align with Kissht’s mission to make digital financial services accessible, transparent, and seamless for millions of Indians. The association will include various campaigns and integrated marketing initiatives that Tendulkar will participate in. Expressing his thoughts on this association, Sachin Tendulkar said, “It’s a delight to be associated with Kissht, a brand that aspires to help Indians meet their aspirations through the power of finance. Kissht’s focus on trust and accessibility struck a chord with me, and I look forward to supporting their journey in building one of the most trusted and respected digital financial platforms for millions of Indians.”

Mizoram government on Wednesday signed agreements with the partner banks to provide banking loans under the state's flagship initiative, the handholding scheme – 'Bana Kaih', designed to promote economic growth and self-sufficiency. The 'Bana Kaih' scheme, launched in September this year, is the state government's flagship programme aimed at fostering self-reliance and inclusive economic development in the state. The primary objective of the scheme is to contribute to the realisation of 'Viksit Bharat' (developed India) and the achievement of the United Nations Sustainable Development Goals (SDGs).

India Budget: As India prepares for Budget 2025, retailers are calling for measures that could transform the sector, including low-interest financing, tax relief, and a faster rollout of the National Retail Policy. The Retailers Association of India (RAI), in its pre-budget memorandum, urged the government to use the Union Budget for FY25-26 as a platform to address structural gaps, boost consumption, and improve ease of doing business. These changes, the RAI stated, would bolster consumer sentiment and support growth in the retail sector. A key demand from retailers is affordable financing. RAI highlighted the need for the government to announce lower interest rates specifically for retail businesses in the budget. “There is a need to provide lower interest rates to the retailers through the special announcement in the budget to assure easier financing for the retail businesses,” RAI stated. The association proposed the creation of a special fund, facilitated by the Small Industries Development Bank of India (SIDBI), to help independent retailers across the nation. This scheme could provide low-cost loans and relaxed regulatory guidelines to millions of small businesses, addressing a critical gap in financing options.

Rohit Sharma before his surprise international retirement, refusing to let anyone else write his script after 14 years of service to the game. It is understood that retirement was on his mind after the home series against New Zealand, which India shockingly lost 0-3. He had made it clear to the team management that if he was not guaranteed a place in the playing eleven during the Australia series, he would not even travel Down Under. India played Washington Sundar ahead of Ashwin in Perth before the veteran returned for the pink ball Test, at Rohit's insistence. Ravindra Jadeja played in the Brisbane Test and as Rohit stated after the drawn third Test in Gabba, nobody knew how the squad would shape up for the remaining two games in Melbourne and Sydney.