Latest news with #General
Hans India
2 days ago
- Hans India
‘ICJS 2.0' aids in improving policing with technology
Anakapalli: The police should make good use of technology and provide better services to people, said Anakapalli District Superintendent of Police Tuhin Sinha. Handing over technical equipment to implement the Inter-Operable Criminal Justice System (ICJS) 2.0 project in the district here on Thursday, the SP said that the project is designed to share data and information, coordinating with various wings of the criminal justice system, including police, courts, jails, forensic science labs and prosecution. Further, Tuhin Sinha stated that the investigation of cases will be expedited by utilising technology and improving the quality of duty performed by the police. As part of the project, the Inspector General of Police, technical services, Andhra Pradesh allotted 136 all-in-one desktops, 34 web cameras and 39 MF printers to be distributed to 34 police stations across the Anakapalli district. The Andhra Pradesh government is focusing on strengthening the police system and as part of the exercise, it extends support to the department through technology intervention. Additional SP M Deva Prasad, Inspectors Venkata Narayana, Vijay Kumar, Ashok Kumar and other officers participated in the programme.
Time of India
2 days ago
- Automotive
- Time of India
TechM to invest in sales, marketing in next 2 years across key markets: Mahindra
Academy Empower your mind, elevate your skills IT company Tech Mahindra will invest in sales and marketing as well as learning infrastructure in key markets to enhance its position, Mahindra Group Chairman Anand Mahindra said on the Annual General Meeting of Tech Mahindra, he said that the IT firm has an edge in the area of AI, which is reshaping businesses and society."Over the next two to three years, the company plans to invest in learning infrastructure and in enhancing market position in key markets by investing in sales, marketing and key service lines across strategic verticals," Mahindra said in response to a question asked by a Mahindra has opened a ' Manufacturing Xperience Center ' at its campus in Chennai to help manufacturers quickly prototype and scale AI-driven innovations to address industry challenges such as high operational costs, process inefficiencies, supply chain disruptions, and complex operational hurdles."We remain open to setting up centres like the one in Chennai and other cities and opportunities will be assessed in collaboration with relevant stakeholders," Mahindra said that Tech Mahindra is simplifying its legal entity structures across jurisdictions as liquidation costs are outweighed by the optimisation emphasised on use of AI with trust and in a responsible manner based on the company's legacy since its inception as a JV with British Telecom."It is trust that enabled your company to make a success of its counterintuitive decision to acquire Satyam Computers," he said. Mahindra said that Tech Mahindra has adopted AI not merely as a tool but as a powerful force."I like to think of AI as a brilliant child prodigy born in a library, with access to the entire world's knowledge and an extraordinary capacity to collate and apply it. But like all prodigies, it needs to be nurtured and guided to achieve its full potential for good. Your company recognises its responsibility to apply AI to serve the best interests of our clients and the greater good of society," he said that TechM is helping its clients harness the full potential of AI."The next frontier is clear: responsible implementation and measurable returns - the true test of AI's promise," he however, did not disclose the contribution of AI to the company's profit. "I would like to believe that our reliance on the twin pillars of trust and effective application of AI is a major contributory factor to the progress your company has made in garnering major logos," he Mahindra secured new deals with a Total Contract Value (TCV) of USD 809 million in the first quarter of 2025-26. The company added two clients in the USD 50 million-plus revenue category over the past company has posted a nearly 34 per cent year-on-year increase in consolidated net profit to Rs 1,140.6 crore for the quarter ending June 30, 2025, on the back of growth in communications and financial services Pune-based company's revenue from operations for the first quarter of 2025-26 grew 2.65 per cent to Rs 13,351.2 crore from Rs 13,005.5 crore in the same period last year.
Muscat Daily
4 days ago
- Politics
- Muscat Daily
MoE to announce General Education Diploma results tomorrow
Muscat – The Ministry of Education (MoE) will announce the results of the General Education Diploma and equivalent examinations for the first semester of the 2024/2025 academic year on Thursday. H E Dr. Madiha bint Ahmed al Shaibani, Minister of Education, has approved the general indicators for the results and extended her congratulations to the students and their families for their achievement. This year, 54,856 students applied for the General Education Diploma, with a success rate of 82.83%. The General Education Diploma for Private Schools (bilingual) recorded a higher success rate of 91.58% among 1,579 students. The General Education and Islamic Studies Diploma saw 121 students appear, achieving a 100% success rate. Additionally, 61 students appeared for the General Education Diploma (Special Education), with a success rate of 86.89%, while 138 students took the General Vocational and Technical Education Diploma exams, also recording a 100% pass rate. The results will be available to students starting 4:00 PM on Thursday, via SMS through telecom providers. To receive the results, students can send their seating number to 90200. Examinations were held across 366 centers spread throughout all governorates of the sultanate. The Ministry confirmed that it had taken all necessary measures to ensure the examinations were conducted in a smooth, fair, and secure environment. However, the Ministry also reported 16 violations of exam regulations. These were addressed in accordance with Ministerial Resolution No. 588/2015, which governs the conduct of General Education Diploma examinations. Investigations were carried out to confirm the circumstances surrounding each case before applying appropriate penalties in coordination with relevant authorities. The Ministry reaffirmed its commitment to upholding the integrity and credibility of the examination process.
Business Recorder
4 days ago
- Business
- Business Recorder
HUBCO proposes $51mn investment in Thar-based coal projects
Hub Power Company Limited (HUBCO), Pakistan's largest Independent Power Producer (IPP), has announced plans to extend its financial support to two of its key Thar-based coal projects i.e. Thar Energy Limited (TEL) and ThalNova Power Thar (Private) Limited (TN), with a combined proposed investment of up to $51 million (approx Rs14.61 billion). The IPP disclosed the development in a notice to the Pakistan Stock Exchange (PSX) on Wednesday, ahead of an Extraordinary General Meeting (EGM) scheduled for August 7, 2025. HUBCO shared that its board has approved special resolutions to extend the Sponsor Support Contribution Letters of Credit (SSC LCs) for both projects. The company seeks these extensions to address funding requirements and potential debt servicing shortfalls as the projects approach critical operational milestones. Pakistan's largest IPP HUBCO posts Rs20.3bn profit in 1QFY25 despite revenue dip 'The purpose of the extended tenor of the SSC LC would be to cover: (i) any LDs determined to be payable by TN under its amended PPA on account of payment of High Voltage Direct Current (HVDC) charges under certain conditions. Such charges levied by CPPA-G have been disputed by TN, however, following conclusion or resolution of this dispute, any payable amount would remain a sponsor liability (in proportion to its share under the SSA); and (ii) shortfall in debt servicing, pursuant to the conditions stipulated in the SSA (in proportion to its share under the SSA). In such case, the Sponsors would be required to inject such funds, either in the form of equity and / or subordinated debt,' read the notice. As per the notice, HUBCO seeks shareholder approval to provide or extend a guarantee of up to $31 million in favour of Thar Energy Limited (TEL), a 330MW mine-mouth coal-fired power plant located at Thar Block II. HUBCO owns a 60% stake in TEL. Similarly, the IPP intends to offer a further $20 million in guarantees to ThalNova Power Thar (Private) Limited (TN), a 330 MW mine-mouth coal-fired power plant established at Thar Block II, Thar Coal Mine, Sindh. HUBCO, through its wholly owned subsidiary, Hub Power Holdings Limited (HPHL), presently holds 38.3% shares in TN. The guarantees will be structured either as equity or subordinated debt. HUBCO stated that the tenor of the support will be extended until January 2034 for TEL and July 2034 for TN, or until the end of each project's loan term, whichever is later. The IPP was of the view that achieving completion for both projects marks a significant milestone that would allow them to generate distributable surplus and pay dividends. The company shared that it has already invested approximately $79 million in TEL and $52 million in TN, and both projects operate under the Government of Pakistan's 2015 Power Policy, which offers a 20% return on equity in USD terms.
Scoop
4 days ago
- Politics
- Scoop
Local Government New Zealand Hits New Low
Responding outside the Local Government New Zealand (LGNZ)'s Annual General Meeting this morning, where 82 percent of members voted to mount a ratepayer-funded campaign against the Government and the Taxpayers Union's efforts for rates capping legislation, Taxpayers' Union Executive Director, Jordan Williams, said: "LGNZ are gaslighting ratepayers. So desperate to defend rates having gone up by more than 34 percent over the last three years – two and a half times the level of inflation – they now plan to spend ratepayer money to fight ratepayers." "This is a middle finger from LGNZ, not just toward ratepayers, but towards Local Government Minister Simon Watts and Prime Minister Christopher Luxon for trying to get the cost of living under control." "LGNZ is nothing but a left-wing Labour Party political campaign. Any pretence of political neutrality or moral authority has vanished with this vote." Tens of thousands of NZ have signed the petiontion at Cap Rates "At 11am this morning local ratepayers will be protesting LGNZ's decisions outside the Christchurch Convention Centre. Minister Local Government Simon Watts will be invited to address the crowd."
