It isn't easy for a girl from Gopal Nagar to chase a dream. But Pinky was extremely determined. A force unto herself, she was going to go places. Literally. Till it abruptly ended one morning on the tarmac at Baramati airport.
Aptech managing director and CEO Anil Pant died on Tuesday, the company informed in a regulatory filing. "The company regrets to inform about the sad demise of Dr. Anil Pant, Managing Director and CEO of the company on Tuesday, August 15, 2023. Dr. Pant's contribution and energy will be missed by the company. "All the directors and employees of the company convey their deepest condolences to his family," Aptech Limited said in the filing.
'...are young Indians with aspiration to go to the US.' 'The dream has to be more about working in India...'
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Ace investor Rakesh Jhunjhunwala, his wife Rekha Jhunjhunwala, and eight other individuals on Wednesday settled a case related to insider trading in the shares of Aptech Ltd after paying more than Rs 37 crore. The amount included settlement charges, disgorgement of ill-gotten gains along with interest charges. The other eight individuals who settled the case are -- Rajeshkumar Jhunjhunwala, Shushila Devi Gupta, Sudha Gupta, Ushma Seth Sule, Utpal Sheth, Madhu Vadera Jayakumar, Chugh Yoginder Pal and Ramesh S Damani, according to two separate orders passed by Sebi. The orders come after the settlement applications by these perons with Sebi proposing to settle, "without admitting or denying the findings of fact and conclusions of law, through a settlement order".
SSI Ltd said it plans to take a significant stake in IT training major Aptech Ltd and to integrate SSI's education and training business under the combined entity.
Aptech Computer Education, the flagship brand of Aptech Limited, has opened a state-of-the-art centre at San Salvador in El Salvador.
SSi Ltd said as a second step of buying a significant stake in Aptech Ltd, the company will make an open offer for an additional 20 per cent as per Sebi requirement.
Aptech Limited is looking out for Voice and Accent Trainers.
Learning solutions company Aptech Ltd on Tuesday said it is opening more centres in Iran and will foray into Syria shortly as part of plans to expand its footprint in the Middle-East.
Mumbai-based IT education group Aptech launched on Monday its training centre in Kuala Lumpur to address the shortage of skilled workers in the country and develop it as a hub to service clients in south-east Asia.
Institutional investors, including mutual funds and foreign institutional investors, have reduced their holding in IT training company Aptech Ltd by 4.22 per cent to 12.81 per cent during the quarter ended December 31 2002.
SSI announces open offer to acquire 20% equity stake in Aptech
SSI Ltd made an open offer to buy an additional 20 per cent stake in Aptech Ltd for Rs 49.75 a share. The company earlier signed a share purchase pact to acquire 27.18 per cent in Aptech.
In a major step to its education initiatives, Sun Microsystems on Tuesday joined hands with Aptech to train 30,000 students and 5,000 IT professionals, besides enterprises, on Sun technologies and products.
Aptech Ltd said its alliance with i-flex Solutions Ltd follows a the normal course.
Global linux provider Red Hat has signed Aptech as its training partner in India and the latter's SSI Education will now offer Red Hat's training programmes and certifications across the country.
'It is the responsibility of industry to take the very bright talent whose knowledge of software engineering basics is very high, and then give them additional skills.'
Aptech Training took the fast train up barely as trading commenced on Thursday on reports that talks are being conducted with SSI for sale of the company.
The protesters assembled outside Dogra Chowk in the heart of the city and tried to take out a march in violation of prohibitory orders when the police swung into action and restored to mild lathicharge before detaining several of them, the officials said.
At an aggregate level, the late ace investor's portfolio that was valued at Rs 32,445 crore as on March 31, 2023 is now worth Rs 35,979 crore.
Shares of companies having investments of late billionaire investor Rakesh Jhunjhunwala ended on a mixed note on Tuesday. The 62-year-old investor, who was known as the Big Bull and Warren Buffett of India for his investment acumen, passed away on Sunday. Jhunjhunwala had investments in more than three dozen companies, the most valuable being watch and jewellery maker Titan, part of the Tata group. Titan ended 0.88 pe cent higher at Rs 2,493.65.
Reports suggested that stock market regulator, the Securities and Exchange Board of India (Sebi), is looking into the allegations of insider trading in the shares of Aptech, a computer training company in which Jhunjhunwala is a promoter. An email sent to Jhunjhunwala on the allegations did not immediately receive a response.
Ace stock market investor Rakesh Jhunjhunwala, often referred to as India's own Warren Buffet, passed away at the age of 62.
Stock market investments are always said to involve risks and people who made big fortunes often made headlines as scamsters, leading to Dalal Street always being looked at with suspicion, but Rakesh Jhunjhunwala was broadly an exception. Jhunjhunwala, a partner at RARE Enterprises, who rose to amass a $5.8 billion fortune and earn the tag of the country's biggest individual investor, leaves behind a relatively cleaner slate, as was seen in the most common description for him -- 'India's own Warren Buffett'. Unlike names like Harshad Mehta and Ketan Parekh, whose rise in fortunes in post-liberalised India was tainted with scam links, the newest 'Big Bull' in the more-regulated market had lesser baggage on this front.
Titan, NCC, Delta Corp, Karur Vysya Bank, Aptech, and Jubilant Life Sciences are among stocks in Jhunjhunwala's portfolio that have taken a severe hit, falling more than 50 per cent during the period.
At present, Flipkart's total seller base is 60,000.
Aptech, Lumax Industries, Vedanta, Indian Bank, Venky's India have appreciated over 200% in a year
The Tech Pragati scholarships will be awarded for N-Power's 11 month N-Power Certified Enterprise Systems Engineer programme.
Investor Rakesh Jhunjhunwala and his family's net worth in listed companies surges in the recent bull run.
The Common Admission Test (CAT) this year too may remain a paper-pencil test given the logistics involved.
'The demand is not there for those who are not following industry standards. And this is true for the 10 per cent of employees who are now being asked to leave. It is a good course correction from the long-term perspective for the industry,' Ninad Karpe, CEO and MD, Aptech.
Come up with a compelling idea; have a well thought out execution plan; and execute as planned and demonstrate success quickly, says Uma Ganesh, CEO, Kalzoom Tech.
Education companies have withstood the recent bear onslaught on the stock markets as they have a great future ahead.
iEnergizer, a BPO company of the Aptech group, is recruiting Collection Agents, Voice Agents and Web Agents in Noida.
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