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 Spain’s government outlined plans to plough €11 billion into boosting the country’s chip industry, in line with a wider European push around semiconductor development. Prime Minister Pedro Sanchez unveiled the initiative at a press conference, with the focus of the move to be on microchips and semiconductors. The politician stated he wants Spain “to be at the vanguard of industrial and technological progress” and the project would be approved by his cabinet “soon”. Spain’s investment will mainly be financed through European Union (EU) public relief funds, which have been made available to partly help the bloc recover from the effects of the Covid-19 (coronavirus) pandemic. The nation’s plans follows a big recent push around development of the chip industry in Europe. In February, the European Commission unveiled a multi-billion euro Chips Act in to bolster the continent’s competitiveness in the sector, while Intel recently fleshed-out plans to spend more than €33 billion on boosti...

  Gran Canaria, Spain, Apr 5 (EFE).- The perilous Atlantic crossing between continental Africa and Spain’s Canary Islands was the deadliest in the world last year, accounting for one fifth of the nearly 6,000 recorded deaths and disappearances on migratory transit routes, according to data from the International Organization for Migration. The IOM recorded a total of 5,795 migrant deaths in 2021, of which 2,048 were reported on the western, central and eastern routes traversing the Mediterranean, 1,488 in Africa, 1,248 in the Americas, 779 in East Asia, 133 in Europe and 99 in West Asia. The growing number of people making the hazardous journey across the Atlantic Ocean from Africa to the Canary Islands, often in vessels ill-equipped for the open ocean including wooden boats or rubber dinghies, has alarmed the IOM. In 2017, there was one recorded death on the maritime route. But that annual figure has since grown to 43 in 2018; 202 in 2019; 877 in 2020 and 1,109 in 2021, officials ...

Veranda Learning Solutions’ Rs 200-crore IPO, which was subscribed 3.53 times, is expected to finalise the basis of share allotment on 5 April 2022. The initiation of refunds or unblocking of funds from the ASBA account will take place on 6 April, and the equity shares will be credited to depository accounts of allottees on 6 April 2022. The equity shares of Veranda Learning Solutions will make their stock market debut on 7 April 2022.  There are no listed companies in India that engage in a business similar to that of Veranda Learning Solutions. Veranda Learning will be the first company to list on bourses in the new financial year 2023. IPO investors can check the IPO allotment status via BSE and the registrar’s websites. The registrar of the issue is KFintech Private Ltd, a SEBI-registered entity, responsible for the IPO allotment and refund processing.  How to check Veranda Learning Solutions share allotment status via KFin Tech Private Ltd website Investors can check the...

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. Furthe...

 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 w...

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, 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 re...