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Binance Sells Minority Stake to Abu Dhabi’s MGX Sovereign Wealth Fund for $2 Billion
Abu Dhabi-based MGX wealth management fund has acquired an undisclosed stake in Binance for $2 billion (roughly Rs. 17,403 crore). According to Binance co-founder Changpeng Zhao, this marks the platform’s first institutional investment.
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Centre Diverts Rs 676 Crore For Development Of Educational Institutes In Odisha
Funds provided under the PM-USHA scheme will be used for the improvement of classrooms, libraries, hostel rooms in the educational institutions.
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Ministry Of Education Reconstitutes Joint Seat Allocation Authority
The joint counseling is conducted by JoSAA every year for allocation of seats to the UG programmes of Centrally Funded Technical Institutions.
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EBA Establishes Stricter Oversight for Firms Handling Crypto-Assets and Payments: Details
The European Banking Authority (EBA) has directed payment service providers to screen all firms seeking to register their businesses in EU member states. Additionally, EU lawmakers have mandated that virtual digital asset service providers (VASPs) conduct comprehensive due diligence, including detailed risk assessments.
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UBS Completes Pilot Project for Blockchain Solution to Streamline Tokenised Fund Services
UBS asset management firm, Chainlink, and the Swift Network have completed a pilot of a blockchain solution to help financial institutions streamline services for tokenised assets. Swift confirmed the solution was developed under Project Guardian, overseen by the Monetary Authority of Singapore (MAS).
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IIT Guwahati Scholarships For Undergraduate And Postgraduate Students, Check Details
Institute offers Bachelor's degrees and postgraduate degrees in various disciplines of engineering.
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India Invests Up To 4.6% Of GDP In Education From 2015 To 2024: UNESCO
Recent reports from the UNESCO Institute for Statistics on global education funding indicate that India's government spending on education ranged from 13.5% to 17.2% of its total public expenditure during the same timeframe.
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Microsoft, OpenAI Are Spending Millions on News Outlets to Let Them Try Out AI Tools
Microsoft and OpenAI, in collaboration with the Lenfest Institute for Journalism, announced an AI Collaborative and Fellowship programme on Tuesday. With this programme, the two tech giants will spend upwards of $10 million (roughly Rs. 84.07 crores) in direct funding as well as enterprise credits to use proprietary software. The companies highligh...
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Vodafone-Idea Concludes Network Equipment Deal With Nokia, Ericsson and Samsung Worth $3.6 Billion
India's Vodafone Idea has finalised a $3.6 billion (roughly Rs. 30,066 crore) deal with Nokia, Ericsson and Samsung for supply of equipment over the period of three years. Supplies under the new contract will start arriving in the coming quarter, Vodafone Idea said, adding that its top priority remains to expand the 4G coverage.Â
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CoinSwitch Launches New Service for High Networth Individuals Owing to User Demands: Details
Indian exchange CoinSwitch has announced a new service that's been designed to cater to high networth individuals (HNIs). In conversation with Gadgets360, CoinSwitch’s Business Head, Balaji Srihari said that the recent approval of crypto exchange traded funds (ETFs) in the US has sparked institutional interest in crypto investments.
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Ola Electric to Launch IPO on August 2, Valuation Said to Be at Around $4.4 Billion
Ola Electric's IPO will open for retail subscription on August 2, the EV maker has confirmed via a regulatory filing. The stock offering is set to value the company between $4.2 billion to $4.4 billion, about 18.5% to 22% lower than in its last funding round in September, two people familiar with the matter told Reuters.
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JoSAA Counselling 2024: Check Schedule, Registration Fee And Other Key Details
JoSAA Counselling 2024: Successful candidates in the JEE Advanced exam will be eligible for the counselling process, facilitating admissions to prestigious institutions like IITs, NITs, IIITs, and Government Funded Technical Institutes (GFTIs).
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Private Funding, Faculty Rating Part Of University Panel's Draft For HEIs
Private sector partnerships for raising funds, ranking system for faculty members and the creation of "emotional infrastructure" are part of the updated UGC draft guidelines for the development of higher education institutions (HEIs) in the country.
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"Minimum Funds, Maximum Research": P Chidambaram Jabs Centre Over Institutions
P Chidamabram took a swipe at the Centre over top research institutions of the country reportedly not having received any funds since April this year, saying maybe the government will coin a new slogan 'minimum funds, maximum research'.
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Centre Releases Rs 40 Crore For Treatment Of Rare Diseases
The Central Government on Wednesday said that Rs 40 crore has been released to 11 centres of excellence including Rs 10 crore to All India Institute of Medical Sciences (AIIMS) for treatment of rare diseases.
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Binance Sells Minority Stake to Abu Dhabi’s MGX Sovereign Wealth Fund for $2 Billion
Abu Dhabi-based MGX wealth management fund has acquired an undisclosed stake in Binance for $2 billion (roughly Rs. 17,403 crore). According to Binance co-founder Changpeng Zhao, this marks the platform’s first institutional investment.
-
Centre Diverts Rs 676 Crore For Development Of Educational Institutes In Odisha
Funds provided under the PM-USHA scheme will be used for the improvement of classrooms, libraries, hostel rooms in the educational institutions.
-
Ministry Of Education Reconstitutes Joint Seat Allocation Authority
The joint counseling is conducted by JoSAA every year for allocation of seats to the UG programmes of Centrally Funded Technical Institutions.
-
EBA Establishes Stricter Oversight for Firms Handling Crypto-Assets and Payments: Details
The European Banking Authority (EBA) has directed payment service providers to screen all firms seeking to register their businesses in EU member states. Additionally, EU lawmakers have mandated that virtual digital asset service providers (VASPs) conduct comprehensive due diligence, including detailed risk assessments.
-
UBS Completes Pilot Project for Blockchain Solution to Streamline Tokenised Fund Services
UBS asset management firm, Chainlink, and the Swift Network have completed a pilot of a blockchain solution to help financial institutions streamline services for tokenised assets. Swift confirmed the solution was developed under Project Guardian, overseen by the Monetary Authority of Singapore (MAS).
-
IIT Guwahati Scholarships For Undergraduate And Postgraduate Students, Check Details
Institute offers Bachelor's degrees and postgraduate degrees in various disciplines of engineering.
-
India Invests Up To 4.6% Of GDP In Education From 2015 To 2024: UNESCO
Recent reports from the UNESCO Institute for Statistics on global education funding indicate that India's government spending on education ranged from 13.5% to 17.2% of its total public expenditure during the same timeframe.
-
Microsoft, OpenAI Are Spending Millions on News Outlets to Let Them Try Out AI Tools
Microsoft and OpenAI, in collaboration with the Lenfest Institute for Journalism, announced an AI Collaborative and Fellowship programme on Tuesday. With this programme, the two tech giants will spend upwards of $10 million (roughly Rs. 84.07 crores) in direct funding as well as enterprise credits to use proprietary software. The companies highligh...
-
Vodafone-Idea Concludes Network Equipment Deal With Nokia, Ericsson and Samsung Worth $3.6 Billion
India's Vodafone Idea has finalised a $3.6 billion (roughly Rs. 30,066 crore) deal with Nokia, Ericsson and Samsung for supply of equipment over the period of three years. Supplies under the new contract will start arriving in the coming quarter, Vodafone Idea said, adding that its top priority remains to expand the 4G coverage.Â
-
CoinSwitch Launches New Service for High Networth Individuals Owing to User Demands: Details
Indian exchange CoinSwitch has announced a new service that's been designed to cater to high networth individuals (HNIs). In conversation with Gadgets360, CoinSwitch’s Business Head, Balaji Srihari said that the recent approval of crypto exchange traded funds (ETFs) in the US has sparked institutional interest in crypto investments.
-
Ola Electric to Launch IPO on August 2, Valuation Said to Be at Around $4.4 Billion
Ola Electric's IPO will open for retail subscription on August 2, the EV maker has confirmed via a regulatory filing. The stock offering is set to value the company between $4.2 billion to $4.4 billion, about 18.5% to 22% lower than in its last funding round in September, two people familiar with the matter told Reuters.
-
JoSAA Counselling 2024: Check Schedule, Registration Fee And Other Key Details
JoSAA Counselling 2024: Successful candidates in the JEE Advanced exam will be eligible for the counselling process, facilitating admissions to prestigious institutions like IITs, NITs, IIITs, and Government Funded Technical Institutes (GFTIs).
-
Private Funding, Faculty Rating Part Of University Panel's Draft For HEIs
Private sector partnerships for raising funds, ranking system for faculty members and the creation of "emotional infrastructure" are part of the updated UGC draft guidelines for the development of higher education institutions (HEIs) in the country.
-
"Minimum Funds, Maximum Research": P Chidambaram Jabs Centre Over Institutions
P Chidamabram took a swipe at the Centre over top research institutions of the country reportedly not having received any funds since April this year, saying maybe the government will coin a new slogan 'minimum funds, maximum research'.
-
Centre Releases Rs 40 Crore For Treatment Of Rare Diseases
The Central Government on Wednesday said that Rs 40 crore has been released to 11 centres of excellence including Rs 10 crore to All India Institute of Medical Sciences (AIIMS) for treatment of rare diseases.
