GQG Boosts Its Stake in Adani Stocks During December Quarter
GQG Partners, a U.S.-based investment firm, has increased its stake in seven Adani Group companies in the December quarter, according to stock exchange data. The firm, led by Rajiv Jain, is betting on the execution ability of the Adani Group in its core infrastructure sector. Adani Ports and Special Economic Zone (APSEZ) GQG Partners hiked […]
Tata Group’s Record IPL Sponsorship: Rs 2,500 Crore Till 2028
The Tata Group has secured the title sponsorship rights for the Indian Premier League (IPL) for five years, from 2024 to 2028, paying a record-breaking amount of Rs 2,500 crore (US$301 million approximately). This is the highest-ever sponsorship value in the history of the league, which has become one of the most popular and lucrative […]
Pension Funds’ Total Corpus Surpasses Rs 11 Lakh Crore: PFRDA
The Pension Fund Regulatory and Development Authority (PFRDA) has announced that the total corpus under the National Pension System (NPS) and Atal Pension Yojana (APY) has crossed Rs 11 lakh crore as of January 10, 2024. This is a significant achievement for the pension sector in India, which aims to provide social security and retirement […]
Crypto Regulation Mechanism: Centre’s Final Decision Pending, Supreme Court Informed
The Centre has told the Supreme Court that it is yet to take a decision on a mechanism to regulate cryptocurrencies and effectively investigate related offences. A bench of justices Surya Kant and KV Viswanathan was told by Additional Solicitor General Vikramjit Banerjee, appearing for the Centre, that the issues related to the digital currency […]
Regional Language Textbooks: Centre’s Three-Year Plan
The Centre has announced a major initiative to promote multilingualism in education and provide students with the opportunity to study in their mother tongue. According to the Union Education Ministry, all school and higher education regulators and institutions will have to make study material available in regional languages for all courses in the next three […]
Drivers4Me: The App Where Dependable Drivers Meet the Road
Are you looking for a reliable and professional driver for your car? Do you want to enjoy the comfort of your own vehicle without the hassle of driving yourself? If yes, then Drivers4Me is the app for you. Drivers4Me is an online driver services platform, operating 24×7 to provide car drivers for hiring. Whether you […]
FY24: Data Reveals 141K+ Firms Incorporated
141,000 Companies Incorporated India has witnessed a remarkable growth in business registrations in the current financial year, with over 141,000 companies incorporated till January 10, 2024. This is the highest ever tally of firms registered under the Ministry of Corporate Affairs (MCA) and reflects the resilience and dynamism of the Indian economy. Reasons for the […]
Gen AI: EY Predicts Adoption by 70% Indian Retailers
Artificial intelligence (AI) is transforming the retail sector in India, as more than 70% of retailers plan to adopt Gen AI over the next 12 months, according to a new survey by EY. Gen AI refers to the use of AI across the entire value chain, from product design and manufacturing to customer service and […]
CBSE to Hold Board Exams 2 Times a Year from 2024-25
The Central Board of Secondary Education (CBSE) has announced that it will conduct board exams for class 10 and class 12 students twice a year from the academic session of 2024-25. This is a major reform in the examination system that aims to reduce the stress and anxiety of students and provide them with multiple […]
Jio Financial Services Launches Laptop, Phone, Airfiber Rentals
Jio Financial Services, a subsidiary of Reliance Industries, has launched a new service that allows businesses to rent laptops, phones, airfiber and other tech devices. The service, called Device as a Service (DaaS), is a corporate financing model that aims to improve cash flow and IT fleet management for companies. What is DaaS? DaaS is […]