PYTHON NEWS

SoftBank sells 2.5% stake in PB Fintech for Rs 869 cr; Goldman Sachs, Nomura among buyers

SoftBank which was one of the early investors in India's tech companies, has been gradually paring stakes in the firms. Earlier in August, it had sold 1.17% in Zomato through bulk deals. Prior to that in July, SoftBank had offloaded about 2% stake in Paytm. In May, SoftBank sold 2.07% stake in the fintech major through a series of open market transactions.

Japan’s SoftBank Group likely sells 2.5% stake in PB Fintech via block deal

Kotak Mahindra Capital is the banker handling the share sale, reports said. As of June-end, SoftBank, through its entity SVF Python II ( Cayman) Ltd, held a 4.39% stake in PB Fintech.

Japan’s SoftBank Group to sell 2.5% stake in PB Fintech via block deal: Report

The Japanese conglomerate is likely to offer the stake at a price range of Rs 752-767 per share, which implies up to 2% discount to Thursday’s closing price of Rs 767 of the stock

Massive python roof startles locals in Queensland, Australia

A large python measuring approximately five meters in length and weighing around 15 kg was spotted slithering across the roof of a house in Australia. A video of the spectacle went viral on social media, showcasing the snake's graceful movement and agility. Snake Catcher Dan explained that it is not uncommon for carpet pythons to climb trees, either to hunt or evade predators.

DroneAcharya successfully tests reusable rocket launch vehicle

The vehicle attained an altitude of about 3 km above ground and successfully landed using a parachute mechanism

Choosing the Right Data Analytics Strategy for Your Business: A Step-by-Step Approach

Data analytics is the study of analyzing raw data to draw inferences and gain insights. It is beneficial for businesspeople and students looking to operate their own company as it helps in obtaining consumer insights from a data set. There are four types of data analytics: descriptive analysis, diagnostic analysis, predictive analysis, and prescriptive analysis. Descriptive analysis provides historical insights, while predictive analysis makes predictions about future events. Diagnostic analysis delves deeper into the data to identify underlying causes, and prescriptive analysis determines the optimal course of action. Companies choose different types of analytics based on their decision-making process.

Mumbai rains: Crocodile rescued from a chawl, python found on 13th floor of a building

Mumbai rains: Wildlife experts say that the reptile might have been displaced from its natural habitat due to heavy rains

Florida man finds the world's largest Burmese python, fights it

Florida snake hunter, Jake Waleri, captured and killed a six-metre-long Burmese python, in the process registering a record for the largest snake of its species. Waleri and his friends encountered the python at Big Cypress National Preserve while hunting for an invasive species. The python, killed due to its potential threat to the environment, was taken to the Conservancy of Southwest Florida.

DroneAcharya Aerial Innovations FY23 Results: PAT skyrockets over 700% YoY in first earnings since listing

The company's earnings were led by increased scale during H2 of the year. DroneAcharya offers multi-sensor drone surveys, data processing, and drone delivery hardware among others. The company completed over 325 DGCA drone pilot training programs last year, as well as offering over 600 other training-related courses.

ChatGPT now connected to web; Check AI expanded capabilities

OpenAI's chatbot ChatGPT is now connected to the web, which provides users with up-to-date information on virtually any topic. However, this update is only limited to a few users.

World's longest snake slithers outside a house terrifies netizens, video goes viral on Twitter-Watch

A video of the world's longest snake, a reticulated python, slithering on a porch has gone viral on Twitter, sparking horrified reactions from some users

Lending platform mPokket to expand its workforce by next month

The total number of employees at the Kolkata-based company stands at 2700, including employees at its Bangalore office.

ETMarkets Trade Talk: How IIT, IIM grad from Jaipur made Rs 25 crore from option trading

"Over the past 5.5 years, I have achieved a consistent growth rate of over 100% CAGR, accumulating profit above Rs 25 crore, of which Rs 6.5 crore has been paid in taxes. I recently launched YAK Trading, a prop trading desk focused on developing future traders through comprehensive training, expert guidance on risk management, and hands-on experience. With this initiative, I aim to efficiently handle larger capital and create a community of successful traders."

Saurabh Mukherjea takes cue from Brad Pitt film to launch quant fund

The selection of stocks, which is done using a Python code, begins with forensic screening and looking for companies with low leverage and consistent profitability. The portfolio combines uncorrelated factors like quality and value to lower downside risk.

White collar hiring down 6% YoY in October, shows Monster Employment Index

The Monster Employment Index (MEI) registered a 6% drop in hiring activity in October 2022 vis-à-vis a year ago. Month-on-month job postings also noted a 5% decline prompted by fears of recession in the developed economies.

Droneacharya Aerial Innovations files DRHP for SME IPO

The proceeds from the proposed offering will be used by the company to purchase drones and other accessories, and for other general corporate expenses.

In major haul, Mizoram police rescue 140 exotic animals, seize drugs worth Rs 34.18 crore

Officials said that the police in a joint operation with the Excise and Narcotics Department personnel intercepted three vehicles and rescued the 140 wild animals and birds in eastern Mizoram’s Champhai district.

'Not Consequence-free', says Graham Norton as he schools John Cleese on 'Free Speech'

For a man of a particular age who’s been able to say "whatever he likes," it must be very hard when suddenly "some accountability" appears.

John Cleese to host new show on GB News

John Cleese is a former Monty Python stalwart who recently became a vocal critic of the cancel culture and wokeism. He has joined GB News as a regular presenter.

Rescued python to undergo rare plastic surgery in Mumbai

The 10-feet-long python is still fighting for its life due to multiple fractures and wounds more than three weeks after it was rescued.

Coursera sees high growth from tier 2, tier 3 cities across Maharashtra, UP, Karnataka

“We have been witnessing high growth from tier 2 and tier 3 cities. The five states where we’re seeing the highest growth are Maharashtra, Uttar Pradesh, Delhi NCR, Karnataka, and Tamil Nadu,” said Raghav Gupta, managing director, India and APAC, Coursera. The edtech firm has 1.6 crore learners in India, its largest market outside the US, and is seeing strong growth from non-urban locations.

Inside the war for tech talent in India

The size of the digital talent gap is summed up by the fact that India will struggle to meet tech resource requirements for the next 3-4 years, according to industry data.

NITIE builds an online dashboard that works on dynamically optimizing oxygen allocation across the country