Schools Financial News
04.12 / 16:03
markets
Target
Strategy
Software
Research
Schools
Salesforce shares scale record high on promising AI tools
Salesforce shares climbed about 11% to a record high on Wednesday after the customer relationship management software maker topped quarterly sales estimates and provided an upbeat forecast for its newly launched AI-integrated products. The company is banking on Agentforce to reenergize its growth as tech firms tap into rising demand for AI agents that can autonomously complete tasks. «We came away more confident about CRM's initial success driving its Agentforce AI agent builder platform across the enterprise space,» said Angelo Zino, senior equity analyst at CFRA Research, adding that it would drive upside by the second half of next year and in 2026.
04.12 / 16:03
markets
COST
Williams
Strategy
Software
2020
Schools
Is everything fine with the future King? Prince William's close aide and right-hand man has resigned, citing a personal reason in an emotional post
Rob Dixon, who has already served as an equerry to Prince William since the year 2020 eventually announced his departure from the role in an emotional LinkedIn post while stating it was ‘time to move on’, reported People. According to People, in his message, Rob Dixon expressed his gratitude for the ‘incredible opportunity’ to serve while highlighting how the role allowed him to grow and contribute alongside a talented team. He also reflected on significant events during his tenure which included the funerals of Prince Philip and Queen Elizabeth II, the Platinum Jubilee celebrations and King Charles III’s coronation. Also Read: This property in the US is the most expensive; here is its whopping cost, is it worth that much? Finding a buyer may be difficult
04.12 / 16:03
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Digital
Strategy
Software
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recommendations
Schools
Beverage association say taxation "a bottleneck at all levels"
Indian Beverage Association (IBA), which counts Coca-Cola, Dabur, PepsiCo, Reliance Consumer Products and RedBull as members, said it is “concerned” over a likely further increase in the goods and services tax (GST) rate on aerated drinks. “We have zero-sugar products taxed at 40% today. We have made representations at all levels to the government, including to the GST Council, but taxation remains a bottleneck at all levels,” C.K. Jaipuria, chairperson of the IBA, said at a National Beverage Conclave on Wednesday. According to media reports earlier this week, a group of ministers (GoM) has recommended increasing GST rates on carbonated beverages, cigarettes and tobacco to 35%. As of now, all carbonated drinks are taxed at 28% and an added compensation cess of 12%, which takes the overall tax on the category to 40%.
04.12 / 16:03
markets
COST
Digital
Strategy
Software
awards
Schools
Assam’s council of minister expansion to take place on December 7
Assam Chief Minister Himanta Biswa Sarma announced that a Cabinet expansion would take place on December 7 next. Assam cabinet meeting on Wednesday approved the unveiling of projects worth Rs One lakh crore project Another decision taken by the Cabinet is to convert the four-lane stretch of road leading to Lokapriya Gopinath Bordoloi International Airport to a six-lane one. An additional amount for Rs.116 crore for the six-lane road has been allocated from the state budget. The estimated cost for the project will be Rs.474 crore. The Cabinet decided to institute a separate literary award after noted litterateur Dr Homen Borgohain for those who are getting government pension. A one-time assistance for Rs.50,000 will be given to those who are already receiving any other pension. It was decided that the monthly literary pension will be given to individuals except government employees.
04.12 / 15:41
markets
Software
Yellow
Experts
PAM
Schools
Updates
Bengaluru Rains: Are schools closed tomorrow? Find out here
Indian Meteorological Department (IMD) issued a yellow alert for the city, warning of more rains in the coming days due to Cyclone Fengal. Despite the adverse weather conditions, there has been no official announcement regarding school closures in Bengaluru for Thursday.
04.12 / 13:31
markets
UPS
Provident
Digital
Manufacturing
Strategy
Schools
EPFO extends deadline to activate UAN for ELI scheme, check last date here
As per EPFO, “Dear Employers, the date of UAN activation and Aadhaar seeding of Bank Account has been extended till 15th December. Ensure to do the same for all employees who have joined in the current financial year, starting with the latest joinees, to avail the benefit of the Employment Linked Incentive scheme.”
04.12 / 13:31
markets
Citi
Digital
Strategy
Software
Death
Schools
Who is Truong My Lan, the Vietnamese real estate tycoon behind one of the world's biggest banking scam
Truong My Lan was already convicted in April by the same Ho Chi Minh City court of fraud amounting to UDS 12.5 billion — nearly 3 per cent of the country's gross domestic product — in a separate case and sentenced to death by lethal injection. Lan was convicted in April 2024 for embezzlement, bribery, and violating banking regulations. The scheme, which involved shell companies and fake loan applications, siphoned an estimated $12.5 billion from Saigon Commercial Bank (SCB) between 2012 and 2022.
04.12 / 09:49
markets
Strategy
Software
awards
stars
reports
Schools
Star Cement denies reports of acquisition talks with Adani Group
Star Cement on Wednesday dismissed reports suggesting that Adani Group’s Ambuja Cement is evaluating a potential acquisition of the company to expand its presence in the North East. The company labeled the claims as speculative and clarified that no such discussions are underway. In a filing to the stock exchanges, Star Cement stated, “With reference to the news item that appeared in ‘Money Control,’ we hereby clarify that the above-mentioned news item is speculative, and the company is not engaged in any discussions in this regard.” The company further emphasised its commitment to regulatory compliance, saying, “We have always made and will continue to make disclosures in compliance with our obligations under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.”
04.12 / 09:49
markets
Target
Software
awards
reports
Schools
Century real estate targets Rs 2,000 crore sales in FY25, reports record growth
Century Real Estate has reported a stellar 2X year-on-year (YoY) growth in sales, achieving ₹1,040 crore in the first half of FY 2024-25. With a strong pipeline of new launches in prime locations, the company is eyeing ₹2,000 crore in sales for the fiscal year. Mahesh Prabhu, CEO of Century Real Estate, said, “Our growth is a testament to our unwavering focus on embellishing Bengaluru’s skyline with world-class developments. At Century, we believe our people are our greatest asset. Their innovation and expertise are driving our vision forward as we bring our prime land banks into new developments. These upcoming launches will offer unmatched locations, world-class homes, and top-tier amenities." Century Real Estate posted its highest-ever quarterly sales of ₹507 crore in Q2 FY25. Key pre-launch projects, Codename Built Rare and Codename Unbelievable, collectively generated over ₹700 crore in sales during H1 FY25, even before their official launches. Codename Built Rare alone contributed ₹450 crore, reflecting strong demand for luxury residences in premium areas like Indiranagar.
04.12 / 09:49
Provident
Software
Death
song
rapper
Schools
Relationships
Eminem's mother Debbie Nelson, whose rocky relationship fuelled the rapper's hit song lyrics, dies
Debbie Nelson, the single mother of rapper Eminem whose rocky relationship with her son was known widely through his hit song lyrics, has died. She was 69. Eminem's longtime representative Dennis Dennehy confirmed Nelson's death in an email on Tuesday. He did not provide a cause of death, although Nelson had battled lung cancer. Nelson was born in 1955 on a military base in Kansas. Her fraught relationship with her son, whose real name is Marshall Mathers III, has been no secret since the Detroit rapper became a star.
04.12 / 09:49
04.12 / 09:49
UPS
Software
recommendations
guidelines
Schools
Updates
Central govt employees: When will 8th Pay Commission be implemented? Check what finance ministry says
8th Pay Commission as it will help revise their basic pay, allowances, pension, and other benefits. Pankaj Chaudhary, Minister of State in the Ministry of Finance, said in response to a Rajya Sabha question that no proposal for the establishment of the 8th Central Pay Commission is presently being considered. Legislators Javed Ali Khan and Ramji Lal Suman asked whether the Centre was thinking of making an announcement about the new pay commission in the Union Budget 2025–26, which is likely to be presented on February 1, 2025. The Seventh Pay Commission revamped salary structures, allowances, and pensions, prioritising pay parity. This overhaul positively impacted both central government employees and retired pensioners
04.12 / 09:49
UPS
Booking
Software
Justice
Schools
Courts
UP Gangsters Act appears to be draconian, observes SC
Anti-Social Activities (Prevention) Act appeared to be «draconian». The observation by a bench of Justices B R Gavai and K V Viswanathan came while it was hearing a plea filed by a man who has challenged a May 2023 Allahabad High Court order dismissing his application seeking to set aside proceedings against him pending before a district court in Kasganj in a case registered under the Act. «This Act appears to be draconian,» the apex court observed. «We will consider it,» the bench said while admitting the appeal.
04.12 / 08:15
UPS
Research
country
Schools
rights
International
Why it’s so hard to tell which climate policies actually work
Subscribe to enjoy similar stories. NATIONAL CLIMATE policies are a relatively recent invention. In 1997, according to the Grantham Institute, a think-tank at the London School of Economics, there were 60; by 2022 the number had risen to almost 3,000.
04.12 / 07:27
CEO
Remark
BAY
Death
Schools
Interviews
NRI CEO doubles down on 14-hr-a-day work schedule, says smart people don’t need work-life balance
Daksh Gupta, the 23-year-old Indian-origin CEO of AI startup Greptile, has reignited debate over work-life balance following his controversial remarks on long working hours. In a recent interview with NBC Bay Area, Gupta defended his company's demanding culture, likening it to a «rocket launch» that requires exceptional effort and commitment. «Success is a mix of hard work and luck,» Gupta explained. «When two smart teams tackle the same problem, the one that works harder and has better luck usually wins. While luck is uncontrollable, the time you invest is not.» Gupta acknowledged that such a high-pressure work environment isn't suitable for everyone and noted that many successful companies prioritize work-life balance. «If you value work-life balance, that's great. Plenty of places operate that way and thrive,» he added.
04.12 / 07:01
markets
tennis
social
song
singer
Schools
Who is Devendra Fadnavis' wife Amruta Fadnavis? The banker, singer and actor who earns more than her CM husband
Devendra Fadnavis resumes his role as Maharashtra’s Chief Minister, attention has shifted to his wife, Amruta Fadnavis, who has built an impressive career across multiple fields. From a senior banking professional to a playback singer, actor, and social activist, Amruta has consistently made headlines for her individual achievements and contributions, making her much more than just the wife of a political leader.
04.12 / 07:01
markets
Ball
Strategy
AVP
testing
Schools
KL Rahul keeps India's batting line-up a closely guarded secret
KL Rahul has refused to divulge the makeup of India's opening partnership for the second test against Australia amid speculation that he will drop down the order to make way for returning captain Rohit Sharma. Rohit missed India's comprehensive victory in the series opener in Perth to care for his newborn baby in Mumbai but has since joined the squad ahead of the pink-ball test at Adelaide Oval, which begins on Friday. Rahul filled in for Rohit at the top of the order at Perth Stadium and forged a 201-run opening stand with Yashashvi Jaiswal to put India on course for victory.
04.12 / 06:45
Platform
TikTok
wellness
Experts
social
prevention
Schools
Australia is banning social media for people under 16. Could this work elsewhere — or even there?
It is an ambitious social experiment of our moment in history
04.12 / 04:25
markets
Digital
Strategy
Software
Experts
PAM
Schools
Salesforce's third-quarter revenue beats on strong cloud demand
Client spending on Salesforce's software products and data cloud has remained healthy as companies seek to streamline and enhance their corporate workflows and process large quantities of data while integrating artificial intelligence. The company's revenue for the third quarter rose 8% to $9.44 billion, beating the average analyst estimate of $9.35 billion, according to data compiled by LSEG.
04.12 / 00:29
markets
Digital
Enterprise
Healthcare
exclusive
hospital
Schools
KKR close to buying cancer chain HCG
Healthcare Global Enterprises Ltd (HCG), the country’s largest speciality cancer care hospital chain, from another private equity firm CVC Capital Partners, said people aware of the matter. The development comes less than six months after KKR made a return to the Indian hospital sector, after a gap of two years The private equity firms are aiming to sign binding documents this month, latest early January. Trumping a rival bid by Bain Capital, KKR entered into an exclusivity pact in late October with CVC for bilateral negotiations to acquire CVC’s 60.36% stake at a price of Rs 425-450 per share. This is at a 10-15% discount to the Rs 509.85 of Tuesday closing price, which translates into a market value of Rs 7,106.63 crore. But the stock has surged 43% in the last six months on the back of a strong financial performance and expectations of a sale. In the past month alone, HCG shares have risen 14%.
03.12 / 22:43
UPS
Strategy
Tesla
SpaceX
students
reports
Schools
After SpaceX and xAI, is preschool Ad Astra Elon Musk's next big venture? Here's what he plans to teach pre-kindergarten kids
Elon Musk will obviously be at the top of the list, owing to his multiple ventures, including X, SpaceX, Tesla, xAI and more. Now, he has received permission to open doors of his own kind of a pre-kindergarten Montessori school in Texas, whose initial permit has now been processed.
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