State Bank of India to raise up to $3 bn via debt in FY25

State Bank of India, the country's largest lender, has approved raising up to $3 billion via debt in the current financial year. The funds will be raised in one or more tranches through a public offer or a private placement of senior unsecured notes denominated in U.S. dollars or another major foreign currency. The purpose of the fund raise was not specified. This move comes as Indian banks are bolstering their capital base to meet increasing loan demand.

Old team, new beginnings: Big four intact, PM Modi sends big message

Besides big four, PM's core team of ministers have also retained their portfolios. Nitin Gadkari (road transport and highways), Piyush Goyal (commerce and industry), Dharmendra Pradhan (education), Sarbananda Sonowal (ports, shipping and waterways), Virendra Kumar (social justice and empowerment), Ashwini Vaishnaw (railways, electronics and information technology), Hardeep Puri (petroleum and natural gas) and Bhupender Yadav (environment, forest and climate change) will continue running the ministries they were handling in the last five years. Some of them have shed additional portfolios that were allocated when others left the council of ministers in the past.

Canada bans border applications for post-graduation work permits

Canada has banned foreign nationals from applying for post-graduation work permits (PGWP) at the border to curb 'flagpoling,' a practice that strains border resources and causes delays, announced by Marc Miller.

Study in US: An expert answers your biggest F-1 visa questions

International students on F-1 visas face challenges related to OPT, DSO approval, STEM OPT extension, I-20 updates, SEVIS records, reinstatement, financial documentation, green card applications, driver's license requirements, visa status management, USCIS filings, crowdfunding limitations, and SSN applications.

Hybrid placements are becoming a norm at leading colleges, B-schools

Despite post-Covid normalcy fully restored, almost all these institutes are keeping the online recruitment option open for hiring companies in addition to offline mode, placement sources at IITs including Delhi, Bombay, Roorkee, Kharagpur, Kanpur and IIMs at Ahmedabad, Indore and Kozhikode told ET.

Modi Cabinet 3.0: Complete list of minister's portfolio and their tasks ahead

Corporate India's big push for diversity: Companies intensify efforts to recruit women from entry level

Corporate giants in India, such as RPG Group, Deloitte, Tata Steel, Amazon, and Zinnov, are doubling down on diversity by ramping up efforts to recruit more women from the ground up. Strategies include targeted campus hiring, incentivizing recruitment agencies to bring in high-potential female candidates, and creating networking platforms to link women with leadership. These initiatives aim to cultivate a diverse workforce from the start, fostering a culture of inclusion and innovation.

IITs are just schools': IIT Bombay student's rant goes viral amid placement woes

A first-year student at IIT Bombay's Reddit post criticising teaching methods sparked debate, questioning the institute's reputed status as an educational pinnacle. Expressing disillusionment, the student highlighted subjective grading and a disparity between perception and reality. While receiving significant online attention, the post prompted discussions on educational experiences. IIT Bombay countered concerns over job placements, citing a majority securing employment through its placement process.

Apple Watch Series 10 leak hints at massive display, performance changes

Apple Watch Series 10: What are the new updates

Nothing’s CMF launches Phone 1, Buds Pro 2, and Watch Pro 2; Apple iPhone 15 discounts online

Nothing’s sub-brand CMF launched its first smartphone in India, while Apple fans can check out iPhone 15 deals online