New Delhi, Dec 25 (IANS): Governance reforms must begin at the grassroots to bring about long-lasting and meaningful change, Union Minister of State for Science and Technology, Dr Jitendra Singh, said on Wednesday, as he launched the ‘Viksit Panchayat Karmayogi’ initiative. Launched on the Good Governance Day, celebrated to mark the 100th birth anniversary of former Prime Minister Atal Bihari Vajpayee, the initiative, which is part of the broader ‘Prashasan Gaon Ki Aur’ campaign, aims to enhance the capacity and competence of Panchayati Raj Institutions (PRIs) by equipping elected representatives and officials with the tools and knowledge required for effective governance and participatory planning. Dr Singh emphasised that governance reforms must begin at the grassroots to bring about long-lasting and meaningful change as well as to fill up the capacity gaps. Piloted in Odisha, Assam, Gujarat, and Andhra Pradesh, “the initiative leverages e-learning platforms, AI-powered chatbots, and mobile apps to bridge knowledge gaps and enhance service delivery,” said the minister. The programme aligns with the government’s broader mission to decentralise governance and foster participatory decision-making at the grassroots level. “The initiative is expected to create scalable models of citizen-centric governance, enabling PRIs to drive equitable and sustainable development across rural India,” said the minister. Dr Singh also launched a series of other transformative initiatives aimed at enhancing efficiency, transparency, and citizen-centric governance. These initiatives, rooted in leveraging technology and fostering collaboration, underscore the government’s commitment to inclusive and accountable administration. One of the initiatives is a new dashboard on the ‘iGOT Karmayogi’ platform, along with the milestone introduction of the 1600th e-learning course. The enhanced dashboard is designed to empower ministries, departments, and state administrators with advanced tools to monitor user registrations, course completions, and overall progress in capacity-building efforts. With customisable views and robust data filtration capabilities, the dashboard provides detailed insights to improve decision-making and optimise training initiatives. Other initiatives included the ‘Single Simplified Pension Application Form’ and the ‘Compendium of Pension Related Instructions, 2024’ — a comprehensive document consolidating all updated rules, procedures, and guidelines related to pensions.Daiwa Securities Group Inc. Boosts Holdings in Ryanair Holdings plc (NASDAQ:RYAAY)
LAS VEGAS--(BUSINESS WIRE)--Dec 4, 2024-- At AWS re:Invent, Amazon Web Services, Inc. (AWS), an Amazon.com , Inc. company (NASDAQ: AMZN), and Grab, Southeast Asia’s leading superapp (NASDAQ: GRAB), announced that Grab has selected AWS as its preferred cloud provider. With AWS, Grab is pursuing a technology-led strategy to accelerate growth across its mobility, deliveries, and financial services verticals, including its new digibanks, while continuing to improve its operational efficiencies and reduce IT infrastructure costs. Grab relies on the world’s leading cloud to serve 41.9 million monthly transacting users 1 and over 13 million driver and delivery partners 2 registered on its platform. Every second, Grab processes over a hundred transactions, receives over 500k GPS pings and services over 50,000 ETA requests. AWS powers Grab’s critical compute, storage, networking, and database functions. By leveraging AWS's resilient, secure, and elastic cloud, Grab accelerates innovation, rapidly launches new services, and scales efficiently across its eight-country footprint: Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. “At Grab, our strategy for growth is anchored on constant innovation to outserve the needs of our users and partners,” said Suthen Thomas Paradatheth, CTO of Grab. “This requires rapid experimentation, while ensuring security and stability, along with the ability to fully harness the potential of the latest tech like generative AI. We're pleased to extend our partnership with AWS as our preferred cloud partner to continue to support us on this journey.” Grab optimizes operating costs with AWS As Grab looks to balance growth with cost discipline, it is using AWS Cloud to power the majority of its operations in Southeast Asia across verticals such as mobility, deliveries, and financial services and entities, including its digibanks in Indonesia, Malaysia, and Singapore. By adopting AWS’s suite of cloud-based solutions, Grab has been able to gain agility and reduce operational costs. Grab uses analytics service AWS Clean Rooms, which enables secure, privacy-preserving data collaboration between different entities and organizations. Grab also leverages AWS’s purpose-built databases and has migrated more than 400 backend application services from traditional virtual servers to AWS Graviton2 processors to drive high performance, as well as cost and energy efficiency. Grab relies on AWS to scale securely, swiftly, and with stability On-demand transactions made by Grab customers were up 22% in the third quarter of 2024. To cater to this surge in demand for services, Grab uses Amazon Relational Database Service (Amazon RDS) as its transactional database coupled with Amazon DynamoDB. This ensures high availability, scalability, and adaptability of its platform to drive exceptional customer experience fueled by more accurate searchable data. With AWS, Grab seamlessly adapts to evolving customer needs by easily adjusting resources dynamically based on user demand. For example, during peak times like holiday sales, Grab can easily accommodate increased traffic to make transactions across the superapp seamless. Conversely, during off-peak periods, resources can be scaled down to save costs. As it looks to accelerate growth with initiatives focused on affordability, high value offerings, and digital banking, AWS provides Grab with a stable and scalable infrastructure to support this rapid expansion. For instance, Grab continues to scale its revamped Advance Booking feature across the region. It also did a region-wide roll out of its improved Group Order feature and continues to drive adoption for it, making it easier for users to join the group order, track food delivery updates, and split the bill. With AWS, Grab was also able to build and launch digital banks in Singapore and Indonesia, as well as GX Bank in Malaysia, which was launched in under 16 months, scaling rapidly to serve close to one million customers within the first year of launch. Accelerating AI-led growth at Grab with AWS As one of the pioneers of AI adoption in Southeast Asia, Grab is committed to being at the forefront of exploring how the latest AI technologies can better serve and respond to the needs of its users and partners. Catwalk, Grab’s machine learning (ML) model platform, is built on Amazon Elastic Kubernetes Service (Amazon EKS), and has been used to deploy over 1,000 AI models in production, such as route guidance and pricing. With Catwalk, Grab provides users’ real-time decision-making across its services and delivers personalized experiences like tailored restaurant recommendations, loyalty rewards, and bespoke financial services based on users’ preferences. In addition, Grab uses AWS’s custom-designed AWS Inferentia chips with specialized ML inference capabilities to cost efficiently power its AI-powered services, including map enhancements and fraud detection in its digital banks. Grab also leverages AWS as the underlying compute infrastructure for its many AI initiatives. The superapp stores hundreds of petabytes of data and processes over 200 TB of data—the equivalent of 200,000 full-length movies—on AWS daily. This data forms the foundation of Grab's advanced analytics, ML, and AI initiatives, with AWS powering innovations across the company’s services offerings. Building on AWS’s compute foundations, Grab continues to develop and implement several AI-powered use cases, particularly to improve driver productivity and support merchant growth. By integrating large language models (LLMs) with point-of-interest data and historical customer notes, Grab has refined its last-mile guidance system for delivery partners. This enhancement provides drivers with more precise drop-off instructions, enabling them to complete more trips every hour, leading to higher earnings, while expediting food delivery to consumers. Additionally, Grab has rolled out a new feature that uses AI to create appetizing descriptions of food dishes in five of its eight markets. This has boosted order completion rates, bringing particular benefits to smaller, unique restaurants on the platform and enhancing the overall dining experience for customers. "AWS is proud to support Grab in its mission to drive innovation and enhance customer experiences across Southeast Asia," said Jeff Johnson, managing director, ASEAN at AWS. "By leveraging AWS's unparalleled operational performance, scalability, and cutting-edge technologies, Grab is able to deliver personalized, seamless transactions to millions of users throughout the region. As the leading cloud provider, AWS is uniquely positioned to help Grab optimize its price performance, boost operational efficiency, and continually evolve its broad suite of data-powered services. We're excited to continue collaborating with Grab as it navigates the dynamic landscape of ecommerce and superapp development, ensuring it stays at the forefront of innovation in the digital economy.” About Grab Grab is a leading superapp in Southeast Asia, operating across the deliveries, mobility and digital financial services sectors. Serving over 700 cities in eight Southeast Asian countries - Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam - Grab enables millions of people everyday to order food or groceries, send packages, hail a ride or taxi, pay for online purchases or access services such as lending and insurance, all through a single app. Grab was founded in 2012 with the mission to drive Southeast Asia forward by creating economic empowerment for everyone, and strives to serve a triple bottom line: to simultaneously deliver financial sustainability and have a positive social and environmental impact in Southeast Asia. About Amazon Web Services Since 2006, Amazon Web Services has been the world’s most comprehensive and broadly adopted cloud. AWS has been continually expanding its services to support virtually any workload, and it now has more than 240 fully featured services for compute, storage, databases, networking, analytics, machine learning and artificial intelligence (AI), Internet of Things (IoT), mobile, security, hybrid, media, and application development, deployment, and management from 108 Availability Zones within 34 geographic regions, with announced plans for 18 more Availability Zones and six more AWS Regions in Mexico, New Zealand, the Kingdom of Saudi Arabia, Taiwan, Thailand, and the AWS European Sovereign Cloud. Millions of customers—including the fastest-growing startups, largest enterprises, and leading government agencies—trust AWS to power their infrastructure, become more agile, and lower costs. To learn more about AWS, visit aws.amazon.com . About Amazon Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Amazon strives to be Earth’s Most Customer-Centric Company, Earth’s Best Employer, and Earth’s Safest Place to Work. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Career Choice, Fire tablets, Fire TV, Amazon Echo, Alexa, Just Walk Out technology, Amazon Studios, and The Climate Pledge are some of the things pioneered by Amazon. For more information, visit amazon.com/about and follow @AmazonNews. ______________________ 1 As of Grab Q3’24 results 2 As per Grab ESG Report 2023 View source version on businesswire.com : https://www.businesswire.com/news/home/20241204105661/en/ CONTACT: Grab Media Team press@grab.comAmazon.com , Inc. Media Hotline Amazon-pr@amazon.com KEYWORD: UNITED STATES NORTH AMERICA ASIA PACIFIC NEVADA WASHINGTON INDUSTRY KEYWORD: RETAIL TRANSPORT SOFTWARE ARTIFICIAL INTELLIGENCE NETWORKS FINANCE INTERNET BANKING DATA MANAGEMENT PROFESSIONAL SERVICES LOGISTICS/SUPPLY CHAIN MANAGEMENT DIGITAL CASH MANAGEMENT/DIGITAL ASSETS TECHNOLOGY DELIVERY SERVICES FINTECH DATA ANALYTICS PAYMENTS APPS/APPLICATIONS SOURCE: Amazon.com , Inc. Copyright Business Wire 2024. PUB: 12/04/2024 06:30 PM/DISC: 12/04/2024 06:28 PM http://www.businesswire.com/news/home/20241204105661/enBad Bunny announces a new album, 'Debí Tirar Más Fotos'Algert Global LLC decreased its position in LegalZoom.com, Inc. ( NASDAQ:LZ – Free Report ) by 46.4% during the third quarter, Holdings Channel.com reports. The fund owned 105,123 shares of the company’s stock after selling 91,111 shares during the quarter. Algert Global LLC’s holdings in LegalZoom.com were worth $668,000 at the end of the most recent quarter. Other hedge funds and other institutional investors have also recently modified their holdings of the company. Westwood Holdings Group Inc. grew its stake in shares of LegalZoom.com by 15.8% in the second quarter. Westwood Holdings Group Inc. now owns 5,581,315 shares of the company’s stock worth $46,827,000 after purchasing an additional 762,612 shares during the last quarter. Renaissance Technologies LLC grew its position in shares of LegalZoom.com by 26.8% in the 2nd quarter. Renaissance Technologies LLC now owns 2,466,933 shares of the company’s stock worth $20,698,000 after buying an additional 521,200 shares during the last quarter. Citizens Financial Group Inc. RI purchased a new position in shares of LegalZoom.com during the third quarter valued at approximately $3,112,000. Dimensional Fund Advisors LP raised its holdings in shares of LegalZoom.com by 25.6% during the second quarter. Dimensional Fund Advisors LP now owns 1,287,927 shares of the company’s stock valued at $10,806,000 after acquiring an additional 262,335 shares in the last quarter. Finally, Mainstream Capital Management LLC purchased a new stake in LegalZoom.com in the third quarter worth $1,429,000. 81.99% of the stock is owned by institutional investors. Analysts Set New Price Targets A number of research analysts have issued reports on the stock. William Blair assumed coverage on shares of LegalZoom.com in a research report on Monday, September 16th. They set a “market perform” rating on the stock. JPMorgan Chase & Co. reissued an “underweight” rating and issued a $8.00 price target on shares of LegalZoom.com in a research note on Friday, November 8th. Barclays upped their target price on LegalZoom.com from $7.00 to $8.00 and gave the stock an “equal weight” rating in a report on Monday, November 11th. Citigroup raised their target price on LegalZoom.com from $7.00 to $8.50 and gave the company a “neutral” rating in a research note on Tuesday. Finally, JMP Securities restated a “market perform” rating on shares of LegalZoom.com in a research report on Friday, September 13th. Two analysts have rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $8.75. LegalZoom.com Stock Down 0.1 % LZ stock opened at $7.93 on Friday. The business has a 50 day moving average of $7.24 and a 200 day moving average of $7.27. The firm has a market cap of $1.37 billion, a PE ratio of 61.00, a price-to-earnings-growth ratio of 1.78 and a beta of 1.06. LegalZoom.com, Inc. has a twelve month low of $5.33 and a twelve month high of $13.74. LegalZoom.com ( NASDAQ:LZ – Get Free Report ) last issued its quarterly earnings results on Wednesday, November 6th. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.02. The firm had revenue of $168.60 million during the quarter, compared to the consensus estimate of $167.66 million. LegalZoom.com had a return on equity of 32.88% and a net margin of 3.61%. The company’s revenue was up .8% on a year-over-year basis. During the same period last year, the company earned $0.05 earnings per share. On average, research analysts expect that LegalZoom.com, Inc. will post 0.25 earnings per share for the current fiscal year. About LegalZoom.com ( Free Report ) LegalZoom.com, Inc, together with its subsidiaries, operates an online platform that supports the legal, compliance, and business management needs of small businesses and consumers in the United States. The company’s platform offers business formation products, such as limited liability company, incorporation of C and S corporations, nonprofit formations, doing-business-as, corporate changes and filings, business licenses, legal forms, and beneficial ownership information reports; intellectual property products consisting of trademark and patent applications, and copyright registrations; and tax services, including business and personal tax preparations. Read More Want to see what other hedge funds are holding LZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for LegalZoom.com, Inc. ( NASDAQ:LZ – Free Report ). Receive News & Ratings for LegalZoom.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LegalZoom.com and related companies with MarketBeat.com's FREE daily email newsletter .
PV Sindhu, the renowned champion of Olympic badminton, tied the knot with Venkata Datta Sai on the festive day of December 22, 2024. Their love story, which interestingly sparked mid-air during a flight, was jubilantly celebrated. Published: December 25, 2024 6:32 PM IST By Edited by Noteworthy Indian Olympian, PV Sindhu, renowned for bagging two Olympic medals, recently tied the knot with Venkata Datta Sai, a top-tier official at Posidex Technologies, located in Hyderabad. Their intimate wedding ceremony took place on December 22, 2024. Sindhu, who achieved silver medals during 2016’s Rio Olympics as well as Tokyo’s 2020 Games, holds the title of the most successful Indian badminton player. A couple of days post their matrimony, she took to social media sharing the joy of her nuptials, punctuated by a gallery of beautiful wedding pictures and a love-filled emoji. Furthermore, Sindhu delved into their blossoming love story in an interview that followed. According to a report by Vogue India, their love story started serendipitously on an airline flight in October 2022. “Everything changed when we reconnected on a flight,” PV Sindhu said. “That journey brought us closer, and it felt like the stars aligned. It was almost like love at first sight, and from that moment on, everything just felt right.” Sindhu revealed the personal elements and intimacy inherent in their engagement. “Our engagement was a deeply intimate affair, attended only by those closest to us,” Sindhu added. “It wasn’t about grandeur, but about celebrating this milestone with the people who truly matter. The moment was emotional, meaningful, and something we will cherish forever.” The star shuttler also revealed how she and Sai chalked the wedding. “Planning our wedding was a beautiful yet challenging journey,” reflects Sindhu. “Despite my demanding schedule as a professional athlete, I had a clear vision of what I wanted for our big day and planned every detail meticulously. Datta, on the other hand, made sure my dreams came to life by managing the execution seamlessly. Together, we ran a tight ship and ensured that every aspect of the wedding reflected our story and personalities.” For breaking news and live news updates, like us on or follow us on and . Read more on Latest on . TopicsManchester United have reportedly emerged as serious suitors for Atalanta star Ademola Lookman, alongside Real Madrid and Paris Saint-Germain, and are ready to pay his £58m asking price, according to CaughtOffside . The Premier League giants are said to be closely monitoring the 27-year-old’s situation in Italy, as Atalanta also look to begin talks with the Nigerian international over a new contract. United could reportedly make a move for Lookman, depending on how negotiations unfold, although concrete talks between the parties have yet to take place, and a January transfer is considered unlikely. According to CaughtOffside, a deal after the season is more realistic, with Real Madrid and PSG among the clubs likely to step up their pursuit of Lookman next year. The 27-year-old has enjoyed a stellar year in Italy, helping Atalanta to Europa League glory in May, while also finishing 14th in the Ballon d’Or rankings . The "unstoppable" forward is under contract with the Serie A giants until the summer of 2026, meaning he will have just 12 months remaining on his deal after the season, potentially making him available for a cut-price fee, estimated between £50m and £58m . GIVEMESPORT Key Statistic: Lookman ranks second among all Serie A players for goal contributions this season, with 10, behind Atalanta teammate Mateo Retegui, who has 14. Lookman has previously had spells in the Premier League with Everton, Fulham, and Leicester City, amassing 96 appearances in the division, scoring 11 goals and providing 6 assists. Ruben Amorim, who takes charge of his first Premier League game against Ipswich Town on Sunday , is expected to have a modest transfer budget to work with at United. Reports suggest United’s hierarchy believe the current squad is capable of better performances , with no major reinforcements expected in January. Sitting 13th in the league, the Red Devils have already made significant moves last summer, signing five new players – Leny Yoro, Manuel Ugarte, Matthijs de Ligt, Joshua Zirkzee, and Noussair Mazraoui – and spending close to £200m in Erik ten Hag’s final window at Old Trafford. Ademola Lookman's Atalanta Stats (2024/25 Serie A) Games 9 Goals 6 Assists 4 Expected goals 4.0 Expected assisted goals 2.5 Minutes played 593 Statistics courtesy of Fbref and Transfermarkt . Correct as of 2 2 -11-24.
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