Schools Financial News

Tessolve has signed a definitive pact to wholly acquire German semiconductor chip design firm Dream Chip Technologies for up to Rs 400 crore.

HCLTech announced this week that it is setting up an artificial intelligence/cloud native lab in Singapore that will be ready next year. Singapore is the fifth country — after the US, UK, Germany and India — where the Noida-based company is setting up such a facility. The announcement comes days after India's second largest software services provider, Infosys, collaborated with University of Cambridge to establish an AI lab in London, adding to over a dozen such centres it has globally.

Home financing startup Easy Home Finance has secured $35 million in a funding round led by Ranjan Pai’s family office Claypond Capital and Japanese financial services major Sumitomo Mitsui Banking Corporation’s Asia Rising Fund.

Boeing have voted to accept a contract offer and end their strike after more than seven weeks, clearing the way for the company to restart idled Pacific Northwest assembly lines.

The U.S. Department of Agriculture says that students eligible for free or reduced price school meals cannot be charged processing fees beginning in 2027

Bernard “Bernie” Marcus, the co-founder of The Home Depot, the world’s largest home improvement chain, a billionaire philanthropist, and a big Republican donor, has died

In a Treasury Select Committee (TSC) hearing today (5 November), the OBR said that while «half of tax rises are certain and reliable», the other half of the tax yield is less of a definite income for the government.  This is because that part of the tax take «is based on raising taxes on a relatively small number of individuals for which the revenues are quite uncertain because it depends on how they respond», OBR chair Richard Hughes told committee members.  Hughes was referring to a swathe of tax measures, such as tax on ‘non-doms', adding VAT to private school fees and changes to c...

ISRO chairman S Somanath on Tuesday urged industry houses to invest in the space sector in a big way to build rockets and allied systems for India to emerge as a space power by 2047. Addressing the Indian Space Conclave here, Somanath voiced concern over the «elusive» investments in the upstream sector of the space industry comprising launch vehicles, hardware and software for ground-based stations, telemetry, tracking and command stations.

Organizers of a Chinese math competition say a vocational school student who finished near the top in the first round was helped by her teacher in violation of the rules

Bajaj Finserv Mutual Fund has announced the launch of Bajaj Finserv Consumption Fund, an open ended equity scheme following the consumption theme. The new fund offer or NFO of the scheme will open for subscription on November 8 and will close on November 22. The scheme will reopen for continuous sale and repurchase within five business days of allotment date. The objective of the scheme is to generate long term capital appreciation by predominantly investing in equity and equity related securities of companies that are likely to benefit directly or indirectly from the domestic consumption led demand.

The company also said it has entered into a strategic partnership with E2E. In a two-part deal, L&T proposes to acquire a total of 4.17 million equity shares of E2E Networks, representing a 21% stake.

Delhi government, led by the Aam Aadmi Party, has announced that November 7 will be a public holiday in the capital in observance of Chhath Puja. Consequently, all educational institutions—including schools, colleges, and universities—will remain closed on that day. “Chhat Pooja is an important festival for the people of NCT of Delhi. Accordingly, the Government of NCT of Delhi has decided to declare 7th November 2024 as a Public Holiday on account of 'Chhat Pooja'," stated Delhi Chief Minister Atishi in a letter to the Chief Secretary.

At a campaign rally in Pittsburgh, Pennsylvania, Trump said he would move quickly to crack down on drug trafficking along the southern U.S. border with Mexico and that he would use tariffs. «We will immediately stop the drugs pouring across our border,» he said.

The polling places are going to be usually located in schools, community centers and other public facilities and they might just change from one election to the next. Another thing which is also important to note is that an individual cannot change their assigned polling location. Also Read: What form of ID do you need to vote on US Election Day?

USA gov asserted that any individual can begin the procedure by visiting vote.gov, then selecting the individual’s state and then noting the registration deadlines. Though it absolutely depends on the state rules that whether the individual needs to update their information online, by mail, by phone, or in person at the local election office. Also Read: US election 2024: Can I Vote Without an ID? What You Need to Know About ID Requirements by State

health claims associated with supplements will be under stricter scrutiny as a government panel proposes to shift it under the control of drug regulator instead of Foods Safety and Standards Authority of India (FSSAI). The expert panel was earlier formed to look into addressing the overlapping concerns between nutraceuticals and drugs. People in the know told ET that the panel has proposed that the claims related to cure or promise to mitigate disease disorder or condition including disease risk reduction (DRR) shall be regulated by the Central Drugs Standard Control Organisation (CDSCO). «The DRR claims or products having properties for treatment of a disease shall not be approved under FSS,» said a source, sharing that a report has been sent to the health ministry, drug regulatory authority and FSSAI. Another person said that the same has been proposed to strengthen the regulatory mechanism for claims. «The DRR claims are widely used by manufacturers without approvals. These claims are also manipulated in such a way that mimics treatment cure of any specific disease,» he said.