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Showing posts from March, 2022

Common University Entrance Test won’t solve the real problems

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Avijit Pathak writes: To transform education we need to work on the quality of schools and pedagogy, honest and fair recruitment of teachers, relative autonomy of academic institutions and learn to value the uniqueness of each child. Cuet Mock Test  It is not easy to take a categorical position on the UGC’s latest move to introduce the Common University Entrance Test (CUET) for admissions in undergraduate courses in 45 central universities in the country. True, no one can negate its immediate appeal. In a country like ours, because of the uneven quality of different school boards — from the much-hyped CBSC and ICSE to not so rigorous regional boards — there is a huge trust deficit and suspicion about the academic quality of even the “toppers”. No wonder, a centralised mode of ranking and evaluation through the CUET is bound to have its appeal; it promises an “objective” and “value-neutral” measurable index for selecting and eliminating young aspirants for different courses. Furthermor

Bhatia Colour Chem Limited becomes 365th company to get listed on BSE SME platform

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 The company has successfully completed its public issue on March 16, 2022, an official statement said. In a major development, Bhatia Colour Chem Limited became the 365th company to get listed on the BSE SME Platform on March 24, 2022. Bhatia Colour Chem Limited came out with an initial public offering of 50,00,000 Equity Shares of Rs.10 Each (“Equity Shares”) For Cash at a Price of Rs. 80 Per Equity Share (The “Offer Price”), Aggregating to Rs. 40.00 Crore.  The company has successfully completed its public issue on March 16, 2022, an official statement said.     Ahmedabad-based INTERACTIVE FINANCIAL SERVICES LIMITED, was the lead manager to Bhatia Colour Chem Limited. So far, 131 companies have migrated to the main board.  The 364 companies listed on BSE SME Platform have raised Rs.3,844.54 crore from the market and total market capitalization of 364 companies as on March 23, 2022 is Rs. 49,091.91 Crore.  BSE is the market leader in this segment with a market share of 61 percent. 

Sensex down 300 pts, Nifty below 17100, resistance at 17200; RIL, Powergrid top gainers

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Share Market News Today | Sensex, Nifty, Share Prices LIVE: The benchmark indices opened lower as global sentiment remained subdued amid a sharp rally in oil prices again. The BSE Sensex fell 300 points to below 57,050 levels, while the NSE Nifty was at 17,040, lower by 80 points. In the broader markets, the BSE MidCap and SmallCap indices were also in red, trading 0.9 per cent and 0.4 per cent lower, respectively. Sectorally, Nifty Bank, Auto FMCG, Financials, Realty and Auto were all in red with losses between 1-2 per cent. On the flipside, Oil & Gas, IT and Metal indices were bucking the overall trend, trading up to 1.5 per cent higher. Reliance Industries, Powergrid, Tata Steel, Tech Mahindra and Sun Pharma were among the top gainers, while HUL, Nestle, Asian Paints, Axis Bank and SBI were the laggards. bse Vedanta hits fresh 52-week high, shares rally 13% so far this year; should you buy now or sell? Vedanta share price soared nearly 3% on Tuesday morning to hit a fresh 52-w

Sethurathnam Ravi known as S Ravi and his corporate journey

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Sethurathnam Ravi, popularly known as S Ravi pursued his Bachelor’s and Master’s degree in Commerce from Madhya Pradesh’s Durgavati University. His academics and talents led him to various job roles in the corporate world where he proved his worth.   He was able to secure a place as a fellow member of the Institute of Chartered Accountancy of India. He was a chartered accountant who was based in India along with being the managing and promoter partner of the Ravi Rajan & Co. He was also the honorable BSE chairman . S Ravi’s corporate journey S Ravi His corporate journey is also inclusive of associating with the SBI Payments Services Pvt. Ltd where he was a member of the Board of directors. Before being a member of BSE, S Ravi also actively served on several companies out of which are SMERA Ratings, UTI Company Pvt. Ltd., STCI Finance Ltd, SBI-SG Global Securities, and finally the BOI Merchant Bankers. The former BSE chairman ’s corporate journey also comprises holding respec

What helps India’s BJP get lower Facebook rates? Divisive content

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  New Delhi, India –  In October 2020, in the lead-up to the assembly elections in the eastern Indian state of Bihar, the Bharatiya Janata Party (BJP) ran an  advertisement  on Facebook insinuating that rival Rashtriya Janata Dal’s chief ministerial hopeful Tejashwi Yadav was instrumental in getting a politician killed. Emotionally and politically charged content has helped the BJP get an advantage on Facebook The advertisement headline read: “Tejashwi Yadav threatened RJD worker Shakti Malik and said, ‘I am Lalu Prasad’s son and deputy chief minister, if you raise your voice I shall get you killed.’ The threat was real. Shakti Malik was killed.” To Know More:  https://www.aljazeera.com/economy/2022/3/17/facebook-algorithm-favours-polarising-politics-helps-bjp

Russia-Ukraine live news: Biden calls Putin a ‘war criminal’

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  With war entering fourth week, US increases support for Ukraine as diplomatic efforts to secure ceasefire continue. Firefighters work at residential buildings damaged by shelling, as Russia’s invasion of Ukraine continues To Know More: https://www.aljazeera.com/news/2022/3/16/russian-slams-biden-for-calling-putin-a-war-criminal-liveblog

Kanye West suspended from Instagram for 24 hours on policy violation

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  Kanye West has been suspended from social media network Instagram for 24 hours after the rapper infringed the platform’s policy regarding harassment, a spokesperson for its parent firm Meta Platforms Inc said. Rapper Kanye West makes a point as he holds his first rally in support of his presidential bid in North Charleston, South Carolina, US July 19, 2020. To know more: https://english.alarabiya.net/News/world/2022/03/17/Kanye-West-suspended-from-Instagram-for-24-hours-on-policy-violation

Jussie Smollett released from county jail during appeal after faking hate crime

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Jussie Smollett was released from jail following six nights behind bars after an appeals court agreed with his lawyers that he should be free pending the appeal of his conviction for lying to police about a racist and homophobic attack. Actor Jussie Smollett, 36, appears in a booking photo provided by the Chicago Police Department To know more: https://english.alarabiya.net/News/world/2022/03/17/Jussie-Smollett-released-from-county-jail-during-appeal-after-faking-hate-crime

‘Queen of Color’: Meet Nat Bowen, model-turned-artist collaborating with McLaren

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UK-born model-turned-artist Nat Bowen became the newest artist in residence at ME Dubai, a hotel project designed by renowned architect Dame Zaha Hadid, with her latest collaboration with McLaren unveiled in February. Leading British abstract artist Nat Bowen In an interview with Al Arabiya English, Bowen – also known as the ‘Queen of Color’ – said that the beginning of her relationship with luxury supercar brand McLaren started in 2019 when the brand’s design director Robert Melville reached out to her in London. He invited her to visit the McLaren Technology Center, the headquarters of the Group in the UK. “It was fascinating to see behind the scenes and learn more about the production and their bespoke division, McLaren Special Operations,” said Bowen. Nat Bowen x McLaren Artura Aura McLaren revealed the McLaren Artura Art Car created as a regional collaboration withBowen, who is known for her vibrant, colorful pieces. The unique supercar featuring the artist signature artwork was l

Top 5 Stocks owned by the Big Bull

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If we look around searching for investing legends globally, names like Warren Buffett, Benjamin Franklin, and many such geniuses pop up. When we talk about it in the Indian context, one name that invariably had its place in the top 5 for the past three decades is Rakesh Jhunjhunwala - the Big Bull of India. He is one of the most highly rated gems when talking about the marquee investors to which our Indian motherland has given birth. Jhunjhunwala believes in having alternate sources of income, and hence he keeps on adding to his matrix time and again. In the recent past, he was seen earning huge gains by coproducing many Bollywood films, one such being amongst the last few films of another legend Late Sridevi's – “English Vinglish”.  As per Forbes, RJ currently ranks 54th in the list of Richest Indians and 665th in Billionaires 2021. Rakesh Jhunjhunwala Agro Tech Foods Ltd (ATFL) It is a public limited company engaged in the business of marketing food and food ingredients to cons

Stock market holiday: BSE, NSE to remain closed today on Mahashivratri

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BSE Stock market holiday: On account of Mahashivratri festival, there will be no action at stock market today. Trading at Bombay Stock Exchange ( BSE ) and National Stock Exchange (NSE) will remain suspended for entire session on Tuesday 1st March 2022. According to the list of stock market holidays 2022, which is available on the official BSE website — bseindia.com — there will be no action in Equity Segment, Equity Derivative Segment and SLB Segment today. Trading at Commodity segment will remain suspended in the morning session from 9:00 AM to 5:00 PM but it will remain open in the evening session from 5:00 PM. Stock market holidays in March 2022 Mahashivratri is second stock market holiday in 2022. First stock market holiday in 2022 was on 26th January to commemorate Republic Day celebration. It is first among the two stock market holidays in March 2022 as well. Second stock market holiday in march 2022 is falling on March 18,2022 for Holi celebration. There will be two stock marke

Coal India Ltd Surges 4.39%, S&P BSE Metal index Gains 2.67%

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BSE Coal India Ltd has added 10.2% over last one month compared to 12.4% gain in S&P BSE Metal index and 4.26% drop in the SENSEX Coal India Ltd gained 4.39% today to trade at Rs 176.05. The S&P BSE Metal index is up 2.67% to quote at 21339.53. The index is up 12.4 % over last one month. Among the other constituents of the index, Hindalco Industries Ltd increased 3.82% and Jindal Steel & Power Ltd added 3.61% on the day. The S&P BSE Metal index went up 51.41 % over last one year compared to the 10.43% surge in benchmark SENSEX. Coal India Ltd has added 10.2% over last one month compared to 12.4% gain in S&P BSE Metal index and 4.26% drop in the SENSEX. On the BSE , 3.74 lakh shares were traded in the counter so far compared with average daily volumes of 6.53 lakh shares in the past one month. The stock hit a record high of Rs 203.85 on 06 Oct 2021. The stock hit a 52-week low of Rs 123.45 on 19 Apr 2021.

PM Modi to attend virtual meeting of Quad leaders today

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Prime Minister Narendra Modi will be participating in a virtual meeting with his counterparts of Australia, Japan and the USA, the External Affairs Ministry said on Thursday. "The Leaders will have an opportunity to continue their dialogue after the September 2021 Summit in Washington DC . They will exchange views and assessments about important developments in the Indo-Pacific. The Quad Leaders will also review ongoing efforts to implement the Leaders’ initiatives announced as part of the Quad's contemporary and positive agenda," the Ministry's release further stated. President Joe Biden speaks during the Quad summit with Australian Prime Minister Scott Morrison, Indian Prime Minister Narendra Modi, and Japanese Prime Minister Yoshihide Suga, in the East Room of the White House, on Sept. 24, 2021, in Washington.  U.S. President Joe Biden, Australian Prime Minister Scott Morrison and Japan Prime Minister Fumio Kishida are among those who will take part in the discussi

Alarm at civilian toll on Russian assault’s ‘cruellest day’

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  A militiaman carries a child as he helps a fleeing family across a damaged bridge on the outskirts of Kyiv, Ukraine.  KYIV : The United States raised the alarm Wednesday over the “staggering” human cost of Moscow’s invasion of Ukraine , as the apparent deployment of cluster bombs and other treaty-violating weapons raised fears of a brutal escalation in the week-old conflict. The American warnings came as Russia revealed 498 of its troops had been killed in the assault on ex-Soviet Ukraine — the first official death toll it has given and one Kyiv says is by far an undercount. And they came on the eve of the resumption of cease-fire talks after a first round Monday failed to produce a breakthrough. On the ground in Ukraine, Russia appeared despite determined resistance to be intensifying the offensive ordered seven days earlier by President Vladimir Putin — in defiance of almost the entire international community. “Today was the hardest, cruellest of the seven days of this war,” said

S Ravi Believes that Customers will Move to Safer Banks

S Ravi thinks that customers have seen that the government has pumped in a lot of money into the banks and they will see that the government is supporting these banks. From a customer viewpoint, you feel safer and even as borrowers, the smaller weaker banks were not extending credit and now that situation will change. At the same time, the powers will be realigned. Hypothetically, a General Manager in Allahabad Bank had the authority of over just Rs 50 crore, now as part of Indian Bank, he or she can manage Rs 200 crore. The decision making will become a lot faster and that should help the small to medium segment of businesses. To Know More:  https://www.livemint.com/Money/QxBEGeEAVAbsiBJULUaZnK/BSE-will-focus-on-commodities-in-2018-Chairman-S-Ravi.html

As it happened: Presidents of 8 EU states call for immediate talks on Ukrainian membership

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Presidents of eight EU states have called to immediately grant EU candidate country status to Ukraine, paving the way for accession to the 27-member bloc. It's now the fifth day of the conflict. The International Criminal Court plans to open an investigation into Russia's invasion of Ukraine and alleged war crimes committed there. A picture taken on February 19, 2020 shows the European Union flags fluttering outside the European Commission building in Brussels. Russia has been expelled from the 2022 World Cup and Russian athletes and teams have been banned from international sporting events. The rouble plunged to an all-time low on Monday after Western nations announced fresh sanctions and Russian President Vladimir Putin put nuclear-armed forces on high alert. In a call with French President Emmanuel Macron, Putin said that the West recognising Russia's sovereignty over Crimea and the demilitarisation of Ukraine were pre-requisites for putting an end to fighti