Schools Financial News
13.12 / 02:15
13.12 / 02:15
markets
FIVE
Strategy
Software
information
gatherings
Schools
6-storey building partially collapses in Mumbai's Bhendi Bazar, search ops on
The incident occurred around 12.30 am on the Nishanpada Road, an official said. As per primary information, the building was vacant as it was in dilapidated condition, he added.
13.12 / 01:13
markets
Google
Strategy
Software
Gemini
Interface
Schools
Gemini gets a new avatar. What does Google's latest play hold for you?
Gemini 1.0, Google has announced the latest version Gemini 2.0, which it calls its «most capable model yet», made for the agentic AI era. ET explains what's new, who can access Gemini 2.0, and where it is being applied and integrated. How is Gemini 2.0 different? Google seeks to unlock a new class of agentic experiences with the Gemini 2.0 family. The first model being launched is the experimental Gemini 2.0 Flash.
13.12 / 01:13
markets
UPS
IPO
Strategy
Software
reports
Schools
Bluestone likely to launch IPO at Rs 12,000-13,000 crore valuation; up 50% from last funding
Bluestone, which on Thursday filed the draft papers for an initial public offering, is expected to price the issue at a valuation of Rs 12,000-13,000 crore, a more than 50% jump from its most recent fundraising from the private market, people in the know told ET. In August, the Bengaluru-based companyclosed a Rs 900 crore pre-IPO funding round that valued it at around Rs 8,100 crore, as first reported by ET. While the IPO will see Bluestone raise Rs 1,000 crore by selling newly issued shares, sources said existing investors will sell shares worth Rs 2,000-2,100 crore, taking the size of the IPO to Rs 3,000-3,100 crore.
13.12 / 01:13
markets
Manufacturing
Strategy
Apple
Software
Schools
rights
Amid uncertainty over Trump's policies, US companies hold India investments
Trump's election has put US companies and those who have American companies as top clients in a 'wait and watch' mode, as they have put a pause on making further investments in India. This is causing worry among several state governments, with officials telling ET that companies are holding off on finalising large investments as they await clarity on Trump's policies after his inauguration as President on January 20. Several of them also expect the Trump administration's policies to favour India over China and see it as a positive for Indian businesses. «There is too much uncertainty right now,» one person from a large electronics manufacturing services firm said. «Any further investment into India is on hold until we get clarity on what Trump's policies will be,» the person said. «We are also heavily reliant on our clients and their strategy to base our next moves and at the moment our clients are not wanting to commit to anything further as they may have to set up more factories in the US. We will ultimately go where the client wants.»
13.12 / 01:13
markets
Action
security
Strategy
Software
innovations
Schools
One Card secures $25.5 million from QED Investors, BTV, Peak XV Partners and Z47
FPL Technologies, which runs credit card issuance and digital payments platform One Card, has secured around $25.5 million in a fresh funding round led by QED Investors. Peak XV Partners, Z47 (previously Matrix Partners India) and Better Tomorrow Ventures also participated in the round. Armed with the fresh funds, FPL Technologies said it will strengthen its technology infrastructure and invest in the development of new products by collaborating closely with regulated entities like banks. FPL Technologies, which was founded in 2019 by former senior ICICI Bank executives Anurag Sinha, Vibhav Hathi and Rupesh Kumar, has raised $262 million in equity funding over multiple funding rounds. The startup was last valued at around $1.3 billion.
13.12 / 01:13
markets
Manufacturing
Strategy
Mobile
Software
President
Schools
Ola group chief people officer N Balachandar quits
N Balachandar, senior vice president and group chief people officer at Bhavish Aggarwal-led Ola group, has quit, people in the know said. Balachandar was appointed as the chief human resources officer of Ola Electric in May 2021 and was elevated to the group level later that year. He headed the HR function for ride-hailing firm Ola Cabs (now Ola Consumer), listed electric two-wheeler maker Ola Electric and artificial intelligence startup Krutrim. One of the people said Balachandar has started a management consultancy firm. “He had been in discussions with Bhavish (Aggarwal) for several months to resign…finally he left last month (in November),” the person said.
12.12 / 20:59
12.12 / 20:59
markets
Digital
Software
Chanel
Schools
Who is Matthieu Blazy? Here’s what you need to know about him
Matthieu Blazy, the French-Belgian national, since 2021 has served as Bottega Veneta's creative director. In 2025, he will join the legendary French house. Chanel announced on Thursday, after months of intense speculation, that Matthieu Blazy has been appointed as its artistic director of the house's fashion activities. Blazy will oversee all haute couture, ready-to-wear, and accessory collections. The president of Chanel Fashion and Chanel SA, Bruno Pavlovsky, will receive his reports. In a joint statement, Chanel's global CEO Leena Nair and global executive chairman Alain Wertheimer referred to the designer as one of the most gifted designers of his generation. His talent and vision will strengthen the brand's energy and our position as a luxury leader.
12.12 / 20:59
12.12 / 19:15
FIVE
Career
security
Remark
classical
Schools
chess
New world chess champion D Gukesh shares two connections with superstar Rajinikanth.
Indian Grandmaster D Gukesh made history on Thursday by becoming the youngest world chess champion at just 18 years old. In a gripping final showdown, Gukesh defeated reigning champion Ding Liren of China in the 14th and deciding game to clinch the title. The match kept chess fans worldwide on edge, with Gukesh securing 7.5 points to Liren’s 6.5 after a dramatic victory in the final classical time control game. Along with the prestigious title, Gukesh will receive a prize fund of $2.5 million. But did you know that this young champion has two Rajinikanth connections?
12.12 / 14:49
security
Celebrity
classical
stars
Schools
Features
chess
Youngest world chess champion D Gukesh's schooling, education and family background
D Gukesh etched his name in history on Thursday by becoming the youngest world chess champion at the age of 18. Gukesh defeated reigning champion Ding Liren of China in the 14th and final game of their closely contested match to secure the title. The match, which kept chess enthusiasts on edge, ended with Gukesh achieving 7.5 points against Liren’s 6.5 after a dramatic victory in the final classical time control game. As the new world champion, Gukesh will receive the $2.5 million prize fund. Gukesh is the second Indian to claim the world chess title, following in the footsteps of the legendary Viswanathan Anand. Anand, a five-time world champion, last held the title in 2013 before losing to Magnus Carlsen.
12.12 / 14:21
Death
community
pandemic
Virus
show
Schools
Fewer US grandparents are taking care of grandchildren, according to new data
Fewer grandparents were taking care of grandchildren, there was a decline in the number of preschoolers and more people were staying put in their homes in the first part of the 2020s compared with the last part of the 2010s
12.12 / 13:21
markets
security
Strategy
Software
Food
Schools
Videos
WayCool cofounder Sanjay Dasari exits after decade-long stint
Sanjay Dasari, cofounder of agritech startup WayCool, which focuses on agriculture supply chain and branded farm and food products, has stepped down after nearly a decade with the company. He will, however, continue in an advisory role. “After 9.5 incredible years building WayCool, it’s time for me to take the final step in the founder’s journey—an exit,” he said in a LinkedIn post on Wednesday. “I’ll still be involved with WayCool in an advisory role, supporting strategic projects and fundraising efforts, but I'm stepping back from the day-to-day (sic) of the company I founded and the only job I've ever known,” he added.
12.12 / 09:49
markets
Citi
Software
awards
innovations
Schools
India needs to build dense cities; relook at standards for building construction: Sanjeev Sanyal
urban design and create dense cities which fits our esthetics, our way of living and are economically viable, Sanjeev Sanyal, member of the Economic Advisory Council to the PM (EAC-PM) said calling for a need to redeploy land and old buildings and revisiting the standards set for building construction to allow more innovation in design. “This requires us to rethink our architecture and town planning from bottom up instead of the prevalent top down approach,” he said on Wednesday while addressing a session on urban planning at the Global Economic Policy Forum 2024, organised by the Confederation of Indian Industry. Citing the example of Chandigarh, which Sanyal terms as an economically unviable city, he said it is not a good idea to ever recreate Chandigarh again.
12.12 / 09:49
markets
Software
awards
country
Department
recommendations
Schools
Govt considering proposal to impose safeguard duty on steel imports
steel imports, Union Steel Minister H D Kumaraswamy said on Thursday. «The process is going» on the ministry's proposal to impose a 25 per cent duty on steel imports, Kumaraswamy told PTI on the sidelines of an event here. On December 2, the steel ministry in a meeting with the commerce department had proposed for a 25 per cent safeguard duty on certain steel products imported into the country. The steel minister and Commerce and Industry Minister Piyush Goyal were present in the meeting. A final call on imposing the duty can be taken by the finance ministry on recommendations of the ministry of commerce.
12.12 / 09:49
markets
Software
Death
Justice
Schools
Courts
rowing
Amid Atul Subhash row, SC says mere harassment not sufficient to find accused guilty of abetting suicide
Supreme Court has said. The observations came from a bench of Justices Vikram Nath and P B Varale while delivering a verdict on an appeal challenging a Gujarat High Court order refusing to discharge a woman's husband and her in-laws for allegedly harassing her and driving her to suicide. The observations in the judgement gain significance in the wake of the recent suicidal death case of 34-year-old techie Atul Subhash. He alleged harassment at the hands of his estranged wife and her family. A case of abetment of suicide was registered against his wife Nikita Singhania, her mother Nisha, father Anurag and uncle Sushil.
12.12 / 09:49
markets
Software
Election
Bill
President
recommendations
Schools
One Nation One Election in Parliament now? BJP issues three-line whip to all its MPs to be present in Lok Sabha
One Nation One Election bill. A comprehensive bill is expected to follow this decision, paving the way for unified elections across the nation. Earlier on Wednesday, former President of India Ram Nath Kovind stated that the Central government must build a consensus on the 'One Nation, One Election' initiative, emphasising that the issue transcends political interests and serves the nation as a whole.
12.12 / 06:55
markets
Provident
Software
Experts
Schools
Courts
Colleges
Senior advocate Vrinda Grover not to represent RG Kar victim's family in courts: Sources
Vrinda Grover will no longer be representing the R G Kar Medical College rape-murder victim's family, sources said on Thursday. They said that the concerned trial court, before which the trial in the rape-murder case is being held, has been informed accordingly and that the counsels stand discharged from the matter. The sources said that at this stage, on account of «certain intervening factors and circumstances», senior advocate Vrinda Grover is constrained to withdraw from the case proceedings in this matter and will no longer be representing the victim's family. The chamber of advocate Grover, including advocates Soutik Banerjee and Arjun Gooptu, were requested by the victim's parents to provide legal representation before the Supreme Court, Calcutta High Court and the Sealdah sessions court and ACJM court, they said.
12.12 / 05:13
markets
Digital
Platform
Software
awards
Experts
Schools
EsportsXO partners with Abu Dhabi Gaming to drive MENA expansion
EsportsXO, an esports tournament management firm, on Thursday, announced a strategic partnership with Abu Dhabi Gaming, as part of its expansion into the MENA region. XO will establish its regional headquarter in Abu Dhabi. This collaboration is aimed at fostering the growth of Abu Dhabi’s local gaming ecosystem and will enable both companies to seize the emerging opportunities in this growing sector. With a projected valuation of $397.21 billion by 2029, the global gaming industry is on a sturdy growth track and the MENA region is rapidly emerging as one of its largest markets. By setting up its regional hub in Abu Dhabi, XO aims to position itself at the epicentre of this dynamic landscape, poised to tap into a market ripe for expansion. Vikas Goel, Founder, XO, said in a statement, “Working with Abu Dhabi Gaming is a major step for XO as we look to expand our presence in one of the world’s most exciting gaming regions. We are eager to contribute to the development of the local gaming ecosystem, nurture homegrown talent, and bring world-class gaming experiences to the MENA region. This reinforces our commitment to expanding our global footprint while fostering meaningful connections with gamers and industry leaders across the region.”
12.12 / 04:39
UPS
rock
reports
travelers
Schools
rights
Interviews
Takeaways from AP's report on child labor in Nigeria lithium mines
Growing demand for the lithium used in batteries for electric vehicles and energy storage has created a new frontier for mining in Nigeria
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