Euro zone bailout: The euro zone has gone for the big numbers &mdash; and it works, at least for now. European Union leaders and their finance ministers have come up with a 720 billion plan to stop contagion in sovereign debt. The European Central Bank has agreed to play ball, and will add sovereign bond-buying to its crisis-fighting tool box. The central bank is also spraying liquidity at the banks to stop the sovereign crisis turning into a new banking one.

Massive attack

Business Standard

Junk bonds: Easy money has been kind to risky companies and their lenders. Firms like Clearwire Communications and HCA found critical funding in 2010, while investors in their bonds have enjoyed stellar double-digit returns, with the Bank of America Merrill Lynch high yield index returning nearly 14 per cent by early December. So much money sloshing around the global financial system, however, also makes for outsized distortions and in 2011 could trigger a junk bond correction.

Trash bash

New Delhi [India], January 9: Perfect 32 Dental Care World has been honoured with the Best Dental Clinic Award by the Dasana Foundation, recognizing its outstanding contributions to dentistry, cutting-edge technology, and exceptional patient care. The award was presented by Ravindra Kishan Shukla, respect Member of Lok Sabha to Dr. Anshul Gupta, founder of Perfect 32 Dental Care World at a grand ceremony held at Delhi.

Perfect 32 Dental Care World Wins Best Dental Clinic Award Presented by Dasana foundation

New Delhi [India], January 9: Choosing the right career is a crucial factor in happiness and life satisfaction. While students have more choices than ever before they are unsure what to do and how to decide on what is best for them. To cut through the confusion, the Cambridge Schools launched a structured career guidance program in 2023. The programme includes both broad-based talks for all students in a batch as well as individual sessions. 

Encouraging Awareness: Cambridge Schools\' Career Guidance Programme

Indore (Madhya Pradesh) [India], January 9: The much-anticipated book, "The Healing Code | Affordable Healthcare Management: Transforming Lives with Technology" authored by Nilesh Maheshwari, Founder and CEO of Emorphis Technologies, was launched amidst a distinguished gathering of luminaries and thought leaders.

\'The Healing Code\' Book Launch: A Milestone Evening with Distinguished Guests

The government must focus on improving governance and performance at PSUs and public sector banks (PSBs)

Budget

Haldiram's, in contrast, is one of the handful of Indian-owned and -developed brands that not only grew but held its own against the snack foods flood from multinationals

e-commerce

Stock Market Today LIVE Updates, Jan 9: 
In the broader markets, the Nifty MidCap and SmallCap indices were flat

Stock Market LIVE Updates: Sensex off day's low, down 350 pts at 77,780; HUL, M&M lead recovery

Revenue for the company grew 5.6 per cent to Rs 63,973 crore in Q3 FY25. Sequentially, the firm's revenue declined by 0.4 per cent

Four devotees, including three women died and several more were injured in a stampede here on Wednesday night as hundreds of them jostled for tickets for Vaikunta Dwara Darshanam at Lord Venkateswara Swamy temple on Tirumala Hills, a police official said.
Hundreds of devotees turned up from across the country for the 10-day Vaikunta Dwara Darshanam commencing from January 10.
"Three women and a man died in the stampede," the official confirmed to PTI.
Meanwhile, videos of police administering CPR on a couple of woman devotees and injured persons being shifted in ambulances went viral.

Tirupati stampede

Markets regulator Sebi on Wednesday said it has issued guidelines on the regulatory framework for research analysts and investment advisers to bolster investor protection and ensure transparency.
These guidelines came after the regulator notified the research analyst (RA) rules and investment adviser (IA) norms in December last year.
The new norms encompass qualification standards, fee structures, deposit requirements, and client segregation protocols.
The regulator introduced fresh compliance mandates, particularly for entities utilising artificial intelligence (AI) tools in their services.
Under the revised framework, Sebi said research analysts are required to maintain a deposit based on their client base, ranging from Rs 1 lakh for up to 150 clients to Rs 10 lakh for over 1,000 clients.
These deposits aim to provide additional security for investors.
Also, investment advisers are mandated to follow a graded deposit system tied to client numbers.
Existing IAs must comply with

SEBI

Subrahmanyan's '90-hour workweek' formula is one step ahead of Infosys founder Narayan Murthy's suggestion of working 70-hours a week

SN Subrahmanyan

Cold weather conditions persisted in Delhi on Monday with parts of the city receiving light rainfall as the maximum temperature settled at 16.9 degrees Celsius, according to the India Meteorological Department (IMD).
Pusa weather station recorded a high of 14.3 degrees Celsius, 4.7 notches below normal, it said.
The Safdarjung observatory, Delhi's primary weather station, recorded a maximum temperature of 16.9 degrees Celsius, 2.1 notches above the normal, at 8.30 am, the IMD said.
Delhi experienced light showers between 5.30 am and 8.30 am. Najafgarh received 2.5 mm of rainfall, Pitampura 2 mm, Palam 1 mm, and Pusa 0.5 mm, as per IMD data.
The minimum temperature stood at 9.6 degrees Celsius, 2.7 notches above the normal, with relative humidity ranging between 75 and 100 per cent during the day, the IMD said.
At 5.30 am, the visibility at Safdarjung and Palam was 300 metres, it said.
Dense fog earlier in the weekend had reduced visibility to zero on Friday, Saturday, and Sunday,

Rain, Chennai Rains

Jeju Air's stock price, already trading near record lows, has fallen 10% since the crash

Jeju Air

Industry experts as well as senior professionals from public administration, public policy and public sector undertakings might soon be eligible for appointment as Vice Chancellors, according to draft norms by the University Grants Commission (UGC).
The new guidelines will also amend the norms for hiring faculty members in universities allowing people having a postgraduate degrees in Master of Engineering (M.E) and Masters of Technology (MTech), with at least 55 pc marks, to directly get recruited to the Assistant Professor level  without qualifying for the University Grants Commission National Eligibility Test (NET).
The draft norms will also permit candidates to teach based on their highest academic specialisation. For example, a candidate with a PhD in chemistry, a bachelor's in mathematics and a master's in physics, would now qualify to teach chemistry.
Similarly, individuals who clear the National Eligibility Test in a subject different from their earlier academic focus can tea

Indices decline over 1.5%; investors lose nearly Rs 11 trn

India’s benchmark indices rallied on Friday, mirroring gains in global equities, after the latest US economic data allayed fears of recession in the world’s biggest economy. The continued buying support from domestic investors added to the market buo

India's benchmark indices rallied on Friday, mirroring gains in global equities, after the latest US economic data allayed fears of recession in the world's biggest economy. The continued buying support from domestic investors added to the market buo

NXP India head Hitesh Garg said that India's growing automotive and industrial sectors are expected to boost the company's sales in the region

semiconductor

Challenging the decision of the Biden Administration to investigate the activities of Indian billionaire Gautam Adani and his companies, an influential Republican lawmaker on Tuesday said such selective actions risk damaging critical alliance partners.
In a strongly worded letter to US Attorney General Merrick B Garland, Congressman Lance Gooden, member of the House Judiciary Committee, demanded answers on the Justice Department's selective prosecution of foreign entities and the potential harm such actions pose to US's global alliances and economic growth and that if there is any Geroge Soros connection to it.
The Department of Justice's selective actions risk damaging critical alliances with key partners like India, one of America's strongest allies in the Asia-Pacific region, Gooden said in his letter dated January 7.
Instead of pursuing cases with tenuous jurisdiction and limited relevance to US interests, the DOJ should focus on punishing bad actors at home, rather than chasing

Gautam Adani, Adani

The temporary work permits are the only real way to employ Indian immigrants in the US, since national caps make it nearly impossible for them to get a green card

H-1B Visa

Battery swapping will only increase the cost for a consumer to run the vehicle, say e2W players

electric two wheeler

The Supreme Court on Tuesday granted bail to interim bail to self-styled godman Asaram on medical grounds till March 31 in 2013 rape case

Asaram Bapu

IT major Microsoft will invest USD 3 billion in India for the expansion of cloud and AI infrastructure in the country, the company's chairman and CEO Satya Nadella said on Tuesday.
There is a fantastic momentum in India where people are pushing for a multi-agent kind of deployment.
"I am really really excited to announce the single largest expansion we have ever done in India by putting USD 3 billion additional dollars to expand our Azure capacity," Nadella said.
He said that the company is doing a lot of regional expansions in India.
Nadella said that Microsoft's mission to empower every person and organisation in India drives the company.
"To that end it is about being able to ensure that the human capital of this country is able to continue to scale, take advantage of immense opportunity and potential the technology has. That's why we are very excited to announce today our commitment, which we have always had, to train 10 million people around AI skills by 2030," Nadella said.

Neil Unmack

Neil Unmack

Page 6 - Neil Unmack

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Perfect 32 Dental Care World Wins Best Dental Clinic Award Presented by Dasana foundation

Encouraging Awareness: Cambridge Schools' Career Guidance Programme

'The Healing Code' Book Launch: A Milestone Evening with Distinguished Guests

Budgeting in the time of Trump: Balancing growth, jobs, and governance

Local, not global: Indian brands are rare in foreign marketplaces

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Stock Market Close Highlights: Sensex sheds 528pts, Nifty at 23,526; IT, financials shares dip

TCS Q3 results: Net profit rises 12% to Rs 12,380 cr, revenue up 5.6%

At least 6 killled, several injured in stampede at Tirupati temple

Sebi issues new guidelines for research analysts, investment advisers

L&T chairman asks employees to work 90 hours a week, company backs him