Schools Financial News

Gandhi Jayanti, observed on October 2 every year, marks the birth anniversary of Mahatma Gandhi, a pivotal leader in India’s fight for independence. Born in 1869, Gandhi's approach to achieving freedom was grounded in non-violence and civil disobedience, values that continue to resonate globally. His advocacy for peaceful resistance played a crucial role in dismantling British colonial rule in India.

monsoon season has concluded with 7.6 per cent more rainfall than the normal average, according to the India Meteorological Department (IMD). Several states, including Rajasthan, Gujarat, west Madhya Pradesh, Maharashtra, Telangana, and Andhra Pradesh, experienced excess rainfall. The monsoon is vital for India's agricultural sector, as 52% of the net cultivated area relies on it. Additionally, this rain-bearing system plays a crucial role in replenishing reservoirs that supply drinking water and support power generation across the country.

Punjab a free investment zone and demanded a military academy in Anandpur Sahib to propel the Indian state on the path of development. «Punjab is a very important part of India. If Punjab prospers, India will prosper, and vice versa. Unfortunately, Punjab went through a difficult period in the 80s and 90s due to militancy and extremism. It suffered a lot, including the loss of a generation of Sikhs. Even today, Punjab is bearing the consequences of the events in 1984. Its progress was halted, with little investment happening in the region,» said Jasdip Singh Jasse, chairman of Sikhs of America. «We would like to request Prime Minister (Narendra Modi) to make Punjab an enterprise zone, make it a free investment zone, give incentives to businesses, and set up a military academy in Anandpur Saheb,» Jasse told PTI. In the absence of opportunities, youths of Punjab are spending large amounts of money to illegally travel to the US and Canada. «Youths of Punjab be given business opportunities in Punjab itself,» he said.

Bombay High Court on Tuesday refused pre-arrest bail to the chairman and secretary of a school in Maharashtra's Badlapur town where two minor girls were sexually assaulted by a male attendant. A single bench of Justice R N Laddha said prima facie there is material to show the two accused were aware of the alleged incident before August 16 but they failed to take any steps to report the same to police or local authority. Justice Laddha further said the offence is serious and the court has to consider the plight of the minor victims. «The victims are minors. The trauma that they have endured can profoundly affect their adolescent years leaving them with lasting psychological scars,» the court said.

NCLAT) has upheld the tribunal’s order to approve the SKS Power Generation (Chattisgarh) Ltd’s acquisition by BSE-listed Sarda Energy & Minerals Ltd (SEML). The unsuccessful bidders of SKS Power Generation (Chattisgarh) including Torrent Power Ltd, Jindal Power Ltd and Vantage Point Asset Management Pte. had approached the appellate tribunal to challenge the lower tribunal’s order. “We do not find that any sufficient grounds have been made out within the meaning of Section 61(3)(ii) of the IBC to interfere with the decision of the adjudicating authority (NCLT) approving the resolution plan of Sarda, in these appeals filed by unsuccessful resolution applicant,” observed the bench preceded by Justice Ashok Bhushan and technical members Barun Mitra and Arun Baroka.

Ola Electric logged its lowest monthly sales this year in September, government data showed, as the SoftBank-backed firm sees its dominance eroded by smaller competitors and servicing network challenges. Ola Electric, which made its stock market debut about two months ago, sold 23,965 vehicles in September, recording a month-on-month decline for the second consecutive month. Its falling month-on-month sales has seen its market share decline for five straight months to 27% in September, from over 50% in April, the data showed.

Instead of liquid water, this underground ocean consists of water trapped in the crystalline structure of a blue mineral called ringwoodite. The research team, led by geophysicist Steven Jacobsen, used seismic data from thousands of earthquakes to uncover this hidden reservoir. The defining feature of this underground ocean is its crystallized water form, which is locked within the molecular structure of ringwoodite. This unique form of water storage challenges previous theories about Earth's water reservoirs.

Atishi was widely shared on social media, with users claiming it to be a recent incident in which Atishi raised the 'Jai Shri Ram' slogan miffed people from the Muslim community, following which she had to apologise to them. The Fact Check Desk found the claim to be false as a recent video dating back to March 2024, when Atishi was the Education Minister of Delhi, was shared on social media as recent. The incident relates to Atishi inadvertently mentioning the area as 'Khajuri Khas' instead of 'Shriram Colony' in her speech, due to which the people present there got angry. A Facebook user named Ajit Kumar Sharma shared this video on September 28 and wrote, «When Delhi's Aam Aadmi Party minister Atishi Marlena went to Shri Ram Colony, as soon as she started her speech by saying Jai Shri Ram, the crowd of Muslims sitting there immediately got up and created a ruckus that why did you say Jai Shri Ram? Then what, Atishi Marlena immediately apologised.» The video has been shared across social media platforms with users claiming that the incident happened recently.

Invesco increased the fair value of public markets-bound online food delivery company Swiggy in its books to $13.3 billion as of July 31, according to a regulatory filing made with the US Securities and Exchange Commission. At the same time, the investor reduced the valuation of fintech firm Pine Labs to $3.3 billion. The valuation ascribed to Swiggy by Invesco was 24% higher than the $10.7 billion value at which the asset management firm invested in the company in January 2022. As of April 30, Invesco valued Swiggy at $12.7 billion. Invesco is not participating in the offer for sale (OFS) component of Swiggy’s upcoming initial public offering (IPO). The Bengaluru-based company has filed an updated red herring prospectus for its public issue through which it is looking to raise Rs 3,750 crore in fresh capital and OFS of up to 185.3 million shares.

Subscribe to enjoy similar stories. For high-school boys, it’s suddenly cool to smell old. Colognes—some from the 1990s—are having a resurgence with a new fan base: teens obsessed with building an expensive collection.

Godrej Properties on Tuesday said its board has approved raising of up to Rs 6,000 crore through the issue of securities. In a regulatory filing, Godrej Properties informed that the board has approved the raising of funds for an aggregate amount not exceeding Rs 6,000 crore. The funds would be raised through the issuance of securities, including equity shares, debentures, preference shares and/or any other eligible securities. The fund raising could be in one or more tranches through public and/or private offerings including qualified institutions placement, rights issue, further public offer or any other mode as may be permitted under applicable laws and/or any combination thereof.

bilateral meeting with Jamaican counterpart Andrew Holness in New Delhi. The bilateral meeting was followed by delegation-level talks between the two leaders. Visiting Prime Minister of Jamaica met PM Modi at Hyderabad House here in the national capital earlier today.

Rail Vikas Nigam Limited (RVNL) on Tuesday announced that it emerged as the lowest bidder from East Coast Railway for construction works in Odisha. The order costing Rs 283.69 crore is to be completed in 24 months' time, the company informed stocks exchanges in a filing. The work orders include 3rd and 4th line between Jarapada and Talcher Road and Construction of New line between Angul-Balram (MCRL Inner Corridor Phase-I Doubling 14 Kms).: Execution of balance earthwork in formation, minor bridges, major bridges, P.way linking works, supply of ballast, S&T Buildings, Level Crossing and other Misc. works between Jarapada and Talcher Road excluding station yards in connection with 3rd and 4th line of Jarapada-Budhapank Project and between Angul and Balram including yards of MCRL Inner Corridor Phase-I Doubling.

dry days coincide with major national holidays and religious festivals, following an official order issued by Excise Department Commissioner Ravi Jha.

JSW MG Motor India on Tuesday reported an 8 per cent year-on-year decline in retail sales at 4,588 units in September. The automaker had sold 5,003 units in the same month last year. The new energy vehicles (NEVs) continue to contribute significantly to the total sales of the company, accounting for 49 per cent of the sales last month, JSW MG Motor India said in a statement. The company said it will be moving to the Vaahan Portal from October 2024.

hustle culture, many netizens have stopped romanticising working odd and unreasonable hours and celebrating the culture of workaholism. Recently, a post shared by an entrepreneur sparked yet another debate on the dismal state of work-life balance in India Inc. Taking to LinkedIn, Tushar S, the CEO of Vaani Research Labs, penned a gushing post, praising his co-founder Abhnash Khare’s relentless work routine. He waxed poetic at how his colleague did not hesitate to work overtime and overnight, prioritising company growth over anything else. In his post, Tushar explained how Abhinash’s workday frequently stretches into the early hours of the morning, with his bed positioned merely three feet from his computer. He shared how Abhinash immediately starts coding at 8 AM, skipping any typical morning routine.

Employees may be worried that the relaxation in TDS compliance given to companies might impact the timely deposit of the tax against their respective PANs. Recently, there have been cases of companies such as SpiceJet and Byju's failing to deposit TDS with the government in time leading to employees facing income tax problems. Earlier, the companies had 60 days from the original due date to deposit the pending TDS (tax deducted at source). But from October 1, 2024, the new income tax laws give companies more time to do this. From October 1 onwards, companies can deposit TDS with the government till the deadline to file the TDS return. However, if the TDS is deposited after the original due date then, penal interest would have to be additionally paid. This means an additional 20 days to make the TDS deposit i.e., 60 days from original due date plus 20 more days.

“Police stopped my Lamborghini, but after confirming everything was clear, no challan, they asked permission to take photos with the Lambo. It’s great to see that even those in uniform have a passion for supercars,” Instagram user Nishant Saboo wrote. Saboo is the founder and director of Ceramic Pro, a company specializing in advanced ceramic nanotechnology protective coating systems designed for automobiles. Saboo is also the creator of SuperCarscommunity_India, an Instagram-based platform that highlights a variety of luxury cars across India. In the video, Saboo invites a police officer to relax inside his car for a picture. The officer, smiling, sheepishly admits he’s struggling to fit in. From making lighthearted remarks about not receiving a traffic ticket to noting the officer's visible joy, viewers flooded the comment section with their thoughts and reactions.

The announcement comes amid a wave of investments by global tech firms in Malaysia over the past year, as they seek to build critical infrastructure to cater to growing demand for their cloud and AI services. Anwar said Malaysia's national cloud policy will focus on four core areas, namely public service innovation and efficiency, economic competitiveness and growth, strengthening user trust and data security, and empowering citizens through digital inclusivity.

Iran's Ambassador to India, Dr Iraj Elahi, condemned Israel's classification of Hezbollah as a terrorist organisation, calling it a pretext for «massacre, bloodshed, and attacks on innocent civilians.» Elahi also emphasised that Hezbollah is a political party and not a terrorist group. The remarks by Elahi came on the death of Hezbollah leader Hassan Nasrallah in a strike carried out by Israel. While speaking with ANI, Elahi described the death of Nasrallah as a «big loss for all human beings in the world.» He said, «The martyrdom of Hassan Nasrallah as a great leader, great politician of Lebanon and well-known man in the world is not a small thing. It's a big loss for all human beings, not just for Muslims, not just for Shias, not just for Lebanese, for all our Arabs. It is a loss for all people in the world.»

This phase is largely focused on Jammu division where 24 seats will see voting while 16 are from the Kashmir valley. The fate of candidates like People’s Conference chief Sajad Lone, BJP’s Devender Rana, Lal Singh and Raman Bhalla (Congress), Engineer Rashid’s brother Sheikh Khurshid, among others, will be decided in this phase. Just ahead of the last phase, the killing of Hezbollah leader Hassan Nasrallah by Israel cast a shadow on the polls as PDP and some other parties suspended their election campaigns on Monday, the last day of campaigning for this phase, in protest against the killing of the Hezbollah leader.