Tag Archives: To

Higher Education Grants to Minority Students Saw Significant Dip in Last 5 Years, Govt Data Reveals

New Delhi: In what is likely to impact the morale of students from minority communities pursuing higher education in the country, a data provided by the government shows there has been a significant decrease in the number of scholarships granted and in the number of students who have benefited from these grants in the last five years. The allocation of scholarships ... Read More »

Mahindra Finance registers 66% fall in consolidated net profit to Rs 108.5 crore

Mahindra and Mahindra Financial Services (Mahindra Finance) has posted a decline of 66 per cent in its consolidated net profit to Rs 108.50 crore in the first quarter ended June 30, the company said on July 23. It had registered a net profit of Rs 322.30 crore in the corresponding quarter of the previous financial year. Total income (consolidated) was, however, ... Read More »

Centre asked World Bank to drop Amaravati project: AP finance minister

Hyderabad: The Union finance ministry has asked the World Bank not to go ahead with the funding of Amaravati, the proposed capital of Andhra Pradesh, state finance minister Buggana Rajendranath said on Monday. The World Bank, which had promised $300 million investment for the project, however, said it would be happy to support additional proposals for finance, the minister added. In ... Read More »

This Heat-Sensing Christmas Tree Ornament Was Designed to Detect Fires Faster

Christmas is one of the happiest times of the year—but it can also be one of the most dangerous. Traditional Christmas trees can actually be a major source of fuel in a house fire, according to the National Fire Protection Association. In the organization’s annual fire department experience survey in 2011-2015, it was shown that Christmas trees were the item first ignited in an estimated ... Read More »

Number of bank fraud declines to 6,735 in 2018-19, says FM Nirmala Sitharaman

The bank fraud incidence involving over Rs 1 lakh has declined to 6,735 in 2018-19 as compared to 9,866 in the previous fiscal, Parliament was informed Tuesday. The bank fraud incidence involving over Rs 1 lakh has declined to 6,735 in 2018-19 as compared to 9,866 in the previous fiscal, Parliament was informed Tuesday. During 2018-19, as many as 6,735 ... Read More »

Ola plans to invest in Avail Finance

Bengaluru: ANI Technologies-owned Cab aggregator Ola plans to invest an undisclosed sum in Avail Finance as part of its deal with the latter to build financial solutions for its base of 1.5 million driver partners. Avail Finance said on Monday it had already raised $9 million in the Series A round led by Matrix Partners in addition to the proposed undisclosed sum from ... Read More »

Mahindra Finance looks to raise $460 million from offshore markets

Mahindra and Mahindra Financial Services, the non-bank arm of the Mahindra group, is looking to tap the overseas markets to raise at least $460 million through a mix of loans and bonds. The company had raised $200 million in FY19 through the external ECB route, and is in the process of raising another $160 million in overseas loans, said Ramesh ... Read More »

M&M Finance to announce strategic tie-up for asset management arm

Mahindra & Mahindra Financial Services will rope in a strategic partner for its asset management arm-Mahindra Asset Management, sources told Moneycontrol. The company is expected to make the announcement at a press conference in Mumbai on June 21. “The strategic partner is an Indonesian player,” an industry source said without divulging details. As on March 2019, the assets under management (AUM) of Mahindra Mutual ... Read More »

Hallmark Channel’s first Christmas movies to debut in July. Here’s what we know

SALT LAKE CITY — Hallmark Channel will give us a Christmas tease next month. Hallmark Channel will debut two new Christmas movies in July. One of the films will debut on July 7, according to Entertainment Weekly, and the other will launch on July 13. Here’s a breakdown of the films. “Christmas Camp” — July 7, Hallmark Movies & Mysteries, 9 p.m. ET The ... Read More »

Draft education policy to undergo two rounds of review before approval

New Delhi: Draft education policy report will undergo at least two rounds of review before it becomes a policy and no language will be imposed on schools in any state, the Centre clarified as opposition against indication of the draft favouring learning of Hindi gets louder in southern states. “This is a draft Policy submitted by the Committee and is placed for views ... Read More »