AIGR Foundation to apply for becoming gaming self-regulator

Former Indian cricketer Virender Sehwag has been named as one of the Directors as part of the application.

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SBM Bank India appoints Dipak Agarwal as deputy CEO to head overall business

This move comes at a time when the bank is under scrutiny of the Reserve Bank of India for its fintech partnerships, some of which have bordered regulatory grey zones.

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IITs see lowest enrolment for doctoral programmes

Multiple schools at various IITs have recorded their lowest candidate applications for the doctoral programmes. The downward trajectory of interest in the PhD started in 2021, but is most pronounced now, worrying academicians across India’s best STEM colleges, who say the trend is becoming an established one.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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Who’s 2023’s model startup founder?

After 15 years of venture capital infusion into companies, who are the likely role models for young, fledgling entrepreneurs in India today?

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PE-VC investment inflow in ‘healthy territory’

According to a research note by Bain & Company shared exclusively with ET, Private equity and venture capital funds invested $ 21 billion in the first six months of 2023 on par with the deal value recorded in the first half of 2019.

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DevOps startup Facets.cloud raises $4 million in funding

Facets’ platform streamlines all the cloud deployment processes into one generative internal developer platform.

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Hexaware announces 100-120% variable pay to all employees

Despite the prevailing economic volatility where companies have put hiring on hold, Hexaware has committed to on-board around 6,000 experienced professionals this year, it said.

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RRC CR Apprentice Recruitment 2023: Apply online for 2409 vacancies here

Railway Recruitment Cell (RRC), Central Railway, has announced the recruitment of 2409 apprentices across various units. Eligible candidates can apply through rrccr.com from August 29 to September 28, 2023. The apprenticeship offers a stipend of Rs. 7000/- per month and requires a 10th pass with 50% marks and ITI in a related trade. Application fees for Gen/OBC/EWS candidates are Rs. 100/-, while SC/ST/PwD/Female candidates are exempt. The detailed information about the RRC CR Apprentice Recruitment 2023 is available on the official website.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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Big fish land in tech’s talent pool amid layoff woes

Executive search and hiring firms including Transearch, Longhouse Consulting, CIEL HR and GI Group Holdings say that unlike earlier, when it was difficult to even pin down senior Big Tech professionals for job offer conversations, now they're the ones who often make the first move.

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Goldman may part-convert Pharmeasy debt to equity; P2P lenders look to diversify partnerships

Goldman Sachs is likely to convert some of its loan to online pharmacy PharmEasy into equity. Buoyed by binding commitments from existing investors, the epharnacy also plans to pay back a considerable chunk of its debt following the rights issue in September. This and more in today’s ETtech Morning Dispatch.

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GATE 2024 registration process likely to begin today on gate2024.iisc.ac.in, how to apply

The Indian Institute of Science (IISc) is expected to begin the registration process for GATE 2024 today. Candidates can fill out the registration form on the official website. The last date to complete applications without late fees is September 29, with an extended deadline of October 13. Applicants can make modifications to their application form between November 7 and November 11.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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Goldman may convert part-debt into equity in PharmEasy

The online pharmacy is also in talks to restructure debt terms ahead of rights issue; share sale set to open on September 4

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X will allow political ads from candidates, parties ahead of US election

Before billionaire Elon Musk acquired the company in October, Twitter had banned all political ads globally since 2019.

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DU UG Spot Admission 2023 Round 1 registrations begin today at admission.uod.ac.in

The University of Delhi has announced the schedule for the spot round of undergraduate admissions for the academic session 2023-24. Registration for the spot round will begin on August 29, and the deadline to apply is August 30. The seat allotment results will be announced on September 1, and candidates must accept their assigned seat by September 3.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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AU Small Finance Bank making credit card cornerstone to attract new customers

The bank has given out more than 600,000 cards within two years of entering the segment, helping it compete with the likes of Federal and SBM India.

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India should expand manufacturing base by taking advantage of supply chain shift: Punit Renjen, incoming chairman, SAP

​​​In an interview with ET, incoming SAP chairman Punit Renjen talked about his "second innings" at SAP, and how the enterprise software major will significantly expand its India base from the current 17-18% of workforce.

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OpenAI releases ChatGPT Enterprise to target large businesses

ChatGPT Enterprise offers more security, privacy and higher-speed access to OpenAI's technology, the company said. Early customers include Block, Carlyle and Estee Lauder Companies.

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4B Networks founder Rahul Yadav files for anticipatory bail in cheating case

Mumbai Police's Economic Offences Wing (EOW) probing the matter opposed the ABA, contending that Yadav failed to join the probe on at least two occasions.

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KEA releases Karnataka NEET PG counselling round 1 seat allotment results today on cetonline.karnataka.gov.in

The Karnataka NEET PG Counselling 2023 round 1 seat allotment result will be released on August 28, 2023, by the Karnataka Examinations Authority (KEA). Candidates can check the allotment results on the official website. The process involves two rounds of counselling for PG medical and dental seats in Karnataka colleges, followed by a mop-up round. The allotment letter specifies reporting dates and required documents. The rounds include seat matrix release, choice filling, mock allotment, seat acceptance fee payment, and final allotment results.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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IBPS recruitment 2023: Last day to register for IBPS PO and SO exams; Apply at ibps.in

The Institute of Banking Personnel Selection (IBPS) is closing registration for Probationary Officer (PO) and Specialist Officer (SO) posts today. Candidates can apply for IBPS SO and PO 2023 through the official website. The application fee varies for different categories. IBPS SO preliminary exam is scheduled for December 30 or 31, while the main exam will be held in January. IBPS PO prelims will be in September, followed by the main exam in November. The recruitment aims to fill 462 vacancies for PO and MT positions. Exam dates for IBPS PO, MT are expected in September/October.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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Interview | India has got Data Bill right; it's a sound framework: Microsoft vice chairman Brad Smith

The Indian government has got the new Data Bill "right", applying "strong protection" for personal data while allowing cross-border data flow, said Brad Smith, Microsoft's vice chairman and president.

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India’s late-stage tech funding stuck due to high valuations: SoftBank’s Sumer Juneja

Happy Monday! We ended last week with Zepto’s $200-million funding, a rare large-sized round which made the quick-commerce company 2023’s first unicorn. We now turn our attention to late-stage startups that are refusing to accept cuts in their valuations, something that’s keeping SoftBank’s venture capital arm at bay. This and more in today’s ETtech Morning Dispatch.

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Prashanth Ranganathan’s new venture in talks for $20-25 million

Ranganathan, who left Prosus-owned PayU earlier this year, is currently on gardening leave. His new venture will likely be in the wealthtech space.

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DU UG Admission 2023: Over 65000 seats filled, 5100 remains vacant

The admission process for undergraduate courses at Delhi University (DU) is underway, and over 93% of the seats have already been filled. As of August 26, 2023, more than 65,900 seats have been allotted to students, leaving only around 5,100 seats still available.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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The fight over a 'dangerous' ideology shaping AI debate

Elon Musk and OpenAI's Sam Altman have signed open letters warning that AI could make humanity extinct -- though they stand to benefit by arguing only their products can save us.

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Growing list of Indian-origin CEOs at top firms impresses Elon Musk

Currently, Sanjay Mehrotra is the CEO of Micron Technology; Shantanu Narayen is the CEO of Adobe; Satya Nadella is Chairman and CEO of Microsoft; Sunder Pichai is the CEO of Alphabet and Google; Jay Chaudhry is the CEO of Zscaler which is a cloud security company; Arvind Krishna is the CEO of IBM; Neal Mohan is the CEO of YouTube; and George Kurian is the CEO of NetApp, among the top tech giants.

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NEET PG Seat Allotment Result 2023 for Round 2 releasing tomorrow at mcc.nic.in, direct link here

The Medical Counselling Committee (MCC) will release the seat allotment result for Round 2 of NEET PG 2023 on August 28. Candidates can check their allotment status on the official website. Those provisionally offered seats in Round 2 should report to their allotted college/institute between August 29 and September 5 to confirm their admission. Round 3 of counselling will take place from September 8 to September 13. Steps to check the seat allotment result are available on the MCC website.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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COMEDK UGET Counselling 2023: Round 3 seat allotment result declared on comedk.org, direct link here

The Consortium of Medical, Engineering and Dental Colleges of Karnataka (COMEDK) has released the seat allotment result for Round 3 of COMEDK UGET 2023. Candidates can check their allotment status on the official website at comedk.org. Those who have been offered seats must report to the allotted college by September 4 to complete admission formalities. Candidates with the status of 'Accept & Upgrade' or 'Reject & Upgrade' cannot cancel their seats and must join the allotted college. The fees paid will not be refunded, and a penalty may be imposed for non-joining.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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Rocket Science: Chandrayaan-3’s success to provide a shot in the arm for private investments

India created history as it became the first nation to land on the south pole of the moon — and at 30% of the average cost

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Despite cheating fears, schools repeal ChatGPT bans

Tech giants and billionaires promised that the AI tools would revolutionize learning. Critics warned the bots would be more likely to undermine education, inundating students with misinformation and facilitating widespread cheating.

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AP PGECET Counselling 2023 registration process begins today for M.Tech, M.Pharmacy, Pharm D courses

The Andhra Pradesh State Council of Higher Education (APSCHE) has started the registration process for AP PGECET Counselling 2023. The registration can be done on the official website until August 31. The document verification process will take place from August 27 to September 6.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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Tiger Global says ex-employee targets it in misinformation attacks

Investment firm Tiger Global Management LLC, known for its early bets on tech firms like Meta and Spotify, on Friday told limited partners it was targeted in a series of misinformation attacks by a former employee, according to a letter seen by Reuters.

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JEECUP Counselling 2023: UP Polytechnic Round 2 choice filling ends today on jeecup.admissions.nic.in

The UP Polytechnic 2023 choice filling for the second round of JEECUP counselling is set to conclude today. Candidates can fill in their choices and modify the float option by today. The seat allotment result will be declared tomorrow. Candidates will then have the option to select freeze or float choice between August 28 and August 30.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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Interview | Artificial intelligence will augment human ingenuity, not replace it: Adobe CEO Shantanu Narayen

Shantanu Narayen, CEO of Adobe Inc., believes that artificial intelligence (AI) will enhance human creativity rather than replace it. He warns against rushing to regulate AI and limiting its advancements. Narayen also discusses the role of Adobe India in developing AI-led products and the potential monetization opportunities arising from the AI boom. He expresses optimism about India's future, citing demographics, talent, technology, and the government's efforts in digital public goods.

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R.I.P. or ROI: Will the Zepto funding revive quick commerce? and other top tech, startup stories this week

While the jury is still out on the profitability — if at all — of quick commerce firms, especially as a standalone business, multiple industry executives and investors in the space agreed with Palicha, on ‘execution’ being the differentiator.

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Artificial intelligence will augment human ingenuity, not replace it, says Adobe CEO

Shantanu Narayen, CEO of Adobe Inc., believes that artificial intelligence (AI) will enhance human creativity rather than replace it. He warns against rushing to regulate AI and limiting its advancements. Narayen also discusses the role of Adobe India in developing AI-led products and the potential monetization opportunities arising from the AI boom. He expresses optimism about India's future, citing demographics, talent, technology, and the government's efforts in digital public goods.

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Grocery delivery app Instacart makes IPO filing public

The U.S. initial public offering (IPO) market has shown signs of revival in recent months after a drought in 2022, as markets climb on bets that the Federal Reserve could guide the economy to a "soft landing".

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ETtech Exclusive: PayU’s global CEO, CFO likely to quit after Prosus part-sells payments business

PayU India CEO Anirban Mukherjee is now slated to directly report to Prosus chief executive officer Bob Van Dijk and may take up additional responsibility for other international markets including Turkey and Southeast Asia.

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Chandrayaan-3: Day after perfect touchdown, ISRO looks beyond the moon

India's space agency, the Indian Space Research Organisation (Isro), has announced that it will soon begin working on a robotic path planning exercise, which is crucial for future deep space explorations. The announcement comes a day after India successfully landed its third lunar mission, Chandrayaan-3, near the South Pole of the Moon.

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Apple unexpectedly supports Right to Repair Act

A Right to Repair Act that mandates manufacturers provide customers and outside repair shops with tools, parts, and information needed to fix broken electronics is making its way through the state legislature.

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Karnataka NEET UG Counselling 2023 begins today for Round 2 on kea.kar.nic.in, direct link here

The registration process for Round 2 of Karnataka NEET UG Counselling 2023 will begin today. The registration window will be open from August 24 to 25, and document verification will take place on August 28. Interested candidates who have not registered yet can also participate in the second round.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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India over the moon about Chandrayaan-3; lunar landing cheers spacetech industry

As the lander of India’s Chandrayaan-3 mission touched down on the lunar surface at around 6:04 pm on Wednesday, India entered the elite club of countries that have successfully landed on the moon. The Indian Space Research Organisation’s (ISRO) second attempt at the landing was successful, making India the first country to land on the satellite’s south pole, and light up the dark side of the moon. This and more in today’s ETtech Morning Dispatch.

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New data law may make the trip tough for travel sector

Significant data fiduciaries will also have to assess implications not just from a compliance standpoint, but the cash flow impact in tax laws as well under the law that came to effect earlier this month, experts said.

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India over the moon as ISRO goes the distance

After the US, Russia and China, India becomes the fourth country to make a soft landing on the moon's surface and the first to reach near its south pole.

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Nvidia rallies as Wall Street anticipates pivotal report

Nvidia's shares have more than tripled this year, with the chipmaker at the center of a Wall Street technology rally fueled by optimism about the potential of AI.

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What an incredible moment: Sundar Pichai on India's historic lunar landing

"What an incredible moment! Congratulations to @isro for the successful landing of #Chandrayaan3 on the moon," he said in a post on X.

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CaratLane to challenge FEMA violation notice; govt may use DigiLocker for parental consent

CaratLane Trading is under the lens of the Enforcement Directorate (ED) for alleged violation of Foreign Direct Investment (FDI) regulations. The omnichannel retailer has challenged a show-cause notice issued by the investigative authority, sources tell us. This and more in today’s Morning Dispatch.

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CaratLane contests ED notice on alleged FEMA violation

​​The ED accused CaratLane of violating the Foreign Exchange Management Act (FEMA). The notice served on March 28, 2022, stated that FDI was not allowed in single-brand retail at the time. The notice has not been made public till now.

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Cryptoassets increase risk in developing economies, study says

According to a paper from the Bank for International Settlements, cryptoassets hold out the "illusory appeal of being a simple and quick solution for financial challenges" especially in emerging markets

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Fintech firm Ramp raises $300 million at lowered valuation of $5.8 billion

The new funding is at a lower valuation from the $8.1 billion achieved by the New-York based startup in a funding round last year, a spokesperson of the company confirmed.

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Dunzo’s funding plans hit a roadblock; software firms seek changes to local value addition norms

Troubled quick commerce company Dunzo, in desperate need of cash, is in talks for a funding deal with its investors. But with that comes a possible valuation cut of 50%, and some shareholders are not on board. This scuffle and more in today’s ETtech Morning Dispatch.

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