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UK Government Proposes Higher Compensation for Water Company Failures

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The UK government has proposed new measures that would require water companies to provide higher compensation to customers when they fail to meet key service standards. Under these proposals, compensation amounts would be doubled in cases where companies fail to provide adequate notice of supply interruptions or miss scheduled appointments. Additionally, the scope for compensation would be expanded to include automatic payments for incidents such as boil notices, where customers must boil water before use. The proposals are part of an eight-week consultation aimed at addressing longstanding issues within the UK water industry. Environment Minister Steve Reed emphasized the need for reform, citing years of under-investment by privately run water companies, compounded by challenges such as climate change and population growth, which have pushed the industry to the brink of crisis. Public frustration has been mounting over the release of sewage into rivers and seas, leading the Environment Agency to recently report that many water companies are failing to meet basic standards. The agency has promised a stricter regulatory approach moving forward. Jenny Suggate of the Consumer Council for Water noted that the proposed measures would incentivize water companies to improve their services, ensuring that customers receive better protection and more reliable service.

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Yogi Adityanath Calls for 50% Increase in Higher Education Enrollment

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Uttar Pradesh Chief Minister Yogi Adityanath has directed officials to increase the state’s Gross Enrolment Ratio (GER) in higher education by 50% over the next 10 years. During a review meeting on Sunday, Yogi emphasized that Uttar Pradesh has made significant strides in implementing the National Education Policy (NEP) 2020, particularly in enhancing GER and improving the quality of education in universities and colleges. The GER measures the proportion of people enrolled in higher education relative to the population aged 18-23. The NEP 2020 sets a target to boost GER by 50% by 2035. Yogi noted that Uttar Pradesh has already established one university per division and is now advancing towards the “One District-One University” model. Currently, the state’s GER in higher education stands at around 25%, with the goal of surpassing 50% in the next decade. Focus on Local Language Courses The Chief Minister also stressed the importance of offering courses in local languages, highlighting the need for linguistic proficiency among youth. He urged officials to ensure that students benefit from the Apprenticeship Promotion Scheme and receive their stipends on time. Yogi Adityanath further outlined the state’s commitment to modernizing education, stating that the NEP aims to deliver quality, universal, and employment-oriented education through advanced technology in higher education institutions. He also called for the establishment of a research chair in honor of the renowned writer and thinker Rahul Sankrityayan at Maharaja Suheldev State University in Azamgarh, providing a platform for young scholars to study his life and work. Agricultural Education and Innovation The CM identified agricultural education, research, and innovation as promising career paths for young people, announcing the creation of incubation centers in all four agricultural universities and Centers of Excellence related to agriculture. He proposed the establishment of a regulatory institution similar to the Uttar Pradesh Council of Agricultural Research (UPCAR) to oversee agricultural educational institutions. Enhancing Basic Education Yogi Adityanath also highlighted the need for collaboration between the Department of Women and Child Development and the Department of Basic Education to make “bal vatikas” effective learning centers that inspire a passion for learning in children. He instructed officials to regularly update school curriculums, focusing on engaging learning materials and teaching methods for young students. The CM urged the expedited construction of Mukhyamantri Abhyudaya Composite Schools and Mukhyamantri Model Composite Schools, which, along with Atal Residential Schools, are expected to significantly transform the state’s basic education system. He also emphasized the importance of completing annual exams by May 15 and ensuring that every school has a playground to promote physical education.

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Global M&A Deal Values Rose 11.7%, but Number of Deals Fell 12.9% in First Half of 2024: S&P Global Report

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The total value of mergers and acquisitions (M&As) globally increased by 11.7% to $1.221 trillion during the first half of 2024, according to S&P Global Market Intelligence’s Q2 2024 Global M&A and Equity Offerings Report. Despite this rise in deal value, the number of deals fell by 12.9%, with only 19,415 transactions recorded in the same period. The report highlighted that a $10 billion increase in M&A deals outside the US contributed to the growth in global deal value for the third consecutive quarter. However, the overall number of transactions remained lackluster, with large transactions driving the increase in total value. Joe Mantone, the lead author of the report, noted that while the number of deals is down, the presence of bigger deals is sustaining some growth in the overall transaction value. The report also mentioned that the M&A slowdown, which began in 2022 due to rate hikes, has continued, with the total number of global M&A transactions falling below 10,000 three times in the last four quarters. Looking ahead, Mantone suggested that clarity around the political landscape and a sustained rate-cutting cycle could create optimism for M&A and IPO activities heading into 2025.

Global M&A Deal Values Rose 11.7%, but Number of Deals Fell 12.9% in First Half of 2024: S&P Global Report Read More »

Impact of the Paris 2024 Summer Olympics on Internet Traffic

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The Paris 2024 Summer Olympics, themed “Games Wide Open” (“Ouvrons grand les Jeux”), began on July 26, 2024, and will continue until August 11. The event features 10,714 athletes from 204 nations, competing in 329 events across 32 sports. The Olympics have notably influenced Internet traffic, especially in France, with variations in online activity driven by key moments in the games, website engagement, and cybersecurity challenges. Significant Impact on Internet Traffic For the first time in Olympic history, the opening ceremony was held outside a stadium, significantly affecting Internet traffic in France. During the nearly four-hour ceremony, internet usage dropped by 15% to 20% in the country compared to the previous week. Key moments, such as the lighting of the Olympic cauldron by Celine Dion, saw the largest traffic dip at 21:15 UTC, with a 20% decrease. This trend mirrors previous patterns observed during major televised events like Euro 2024, where national engagement leads to drops in Internet traffic. Mobile traffic also spiked, with mobile device usage reaching 61% during the ceremony, up from 57% the previous week. Parisians Leaving the City The influx of tourists for the Olympics prompted many Parisians to leave the city, resulting in traffic drops in Île-de-France and Grand Est regions. In Île-de-France, traffic fell by 15% during the first week of July and by 8% the week before the Olympics began. However, there was no significant change during the Olympics week itself, indicating that the city had reached a balance between departures and arrivals. Global Impact Outside of France, the global Internet traffic saw less dramatic but still notable fluctuations during the opening ceremony. Countries like Italy, Japan, and New Zealand experienced drops in traffic, with decreases of up to 12%. The United States saw a 4% dip during key performances, reflecting the worldwide attention on the event. Rising Interest in Olympic Websites Interest in official Olympic websites surged with the start of the games. On July 27, the United States led with 16% of all DNS request traffic to these sites, followed by Germany and France. This marked a shift from the pre-Olympics period when France dominated DNS traffic. Global daily traffic to Olympic sites peaked on July 28, with a 509% increase from the previous week, reflecting heightened engagement as the competitions progressed. Cybersecurity Concerns The Olympics also saw a rise in cybersecurity threats, with a 304% increase in Olympics-related emails during the first week of the games compared to the previous week. While most of these were spam, a small percentage were classified as malicious, highlighting the ongoing risks associated with large-scale global events. Conclusion The Paris 2024 Olympics have had a substantial impact on Internet traffic, especially in France, as key moments during the games led to significant fluctuations in online activity. The rise in engagement with official Olympic websites and the surge in related cybersecurity threats underscore the event’s global reach and influence on the digital world. Cloudflare continues to monitor these trends, providing insights and protection to users as the games progress.

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Paris 2024 Wrestling: Aman Sehrawat Wins Bronze, Becomes India’s Youngest Olympic Medal Winner

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Aman Sehrawat secured a bronze medal in the men’s freestyle 57kg wrestling event at the Paris 2024 Olympics, making history as India’s youngest Olympic medalist. At just 21 years and 24 days old, Aman surpassed PV Sindhu’s record of 21 years, one month, and 14 days, set when she won silver at the Rio 2016 Olympics. On his Olympic debut, Aman, who is also an Asian champion, triumphed over Puerto Rico’s Darian Cruz, a Pan American Games bronze medallist, with a decisive 13-5 victory. This win marked India’s first wrestling medal at Paris 2024, its sixth overall at these Games, and the second consecutive Olympic medal in the event following Ravi Kumar Dahiya’s silver at Tokyo 2020. Notably, Aman had defeated Dahiya in the national wrestling trials to earn his spot at the Paris 2024 Olympics in the men’s 57kg category. India’s tally at the Paris Games now stands at one silver and five bronze medals. In wrestling, this bronze marks India’s eighth Olympic medal in the sport. The list includes silver medals won by Sushil Kumar at London 2012 and Ravi Kumar Dahiya at Tokyo 2020, with the other six being bronze. In his bronze medal match, Aman initially fell behind when Darian Cruz attacked his leg and pushed him out of bounds, earning the first point. However, Aman quickly responded with a takedown, securing two points, and eventually took control of the match. Despite Cruz’s aggressive attempts, Aman’s defense and swift counter-attacks secured him a well-deserved victory. Aman’s achievement also contributed to making Paris 2024 India’s second-most successful Olympic Games in terms of medal count. India had previously won six medals at London 2012 (two silvers and four bronze) and seven medals at Tokyo 2020 (one gold, two silvers, and four bronze). Aman’s journey to the bronze was challenging. He was defeated in the semi-finals by Japan’s Rei Higuchi, the Rio 2016 silver medallist. Before that, he registered impressive back-to-back wins on technical superiority, defeating Macedonia’s Vladimir Egorov, a former European champion, in the round of 16, and Albania’s Zelimkhan Abakarov, a former world champion, in the quarter-finals. Six wrestlers are representing India at the Paris 2024 Olympics. Nisha Dahiya (women’s 68kg) was eliminated in the quarter-finals, Vinesh Phogat (women’s 50kg) was disqualified due to a failed weigh-in, and both Antim Panghal (women’s 53kg) and Anshu Malik (women’s 57kg) were knocked out in the opening round. Reetika Hooda will begin her campaign in the women’s 76kg division on Saturday.

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Assam to Create New Graduate Teacher Posts in Schools, Says Himanta Sarma

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On Friday, the Assam cabinet, chaired by Chief Minister Himanta Biswa Sarma, approved the creation of 1,766 new graduate teacher positions for mathematics in state schools. This decision was made during a state cabinet meeting held at Lok Sewa Bhawan in Guwahati. In addition to the new teacher positions, the cabinet also approved the recruitment of 221 third and fourth-grade positions in 11 polytechnics and two engineering colleges across the state. Chief Minister Sarma emphasized that the recruitment for these posts would be conducted by the governing bodies of the institutions, with salaries funded directly from the state budget, eliminating the need for outsourcing. The Assam cabinet also approved an increase in the number of constituencies for the Moran and Matak Autonomous Councils. The number of constituencies for both councils will be expanded from 22 to 27. Additionally, the cabinet approved the inclusion of 16 Bodo community-dominated villages from the Sonitpur and Biswanath districts into the Bodoland Territorial Region (BTR).

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Bajaj Group Eyes Healthcare Venture as Hospital Bed Demand Rises Steadily

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Bajaj Group is reportedly planning to enter the healthcare sector by establishing a chain of hospitals, with the venture likely to be led by Nirav Bajaj, who currently oversees corporate strategy at Mukand. However, the investment plans are not yet finalized. The hospital sector in India is experiencing growth, with major private hospital chains announcing expansion plans for the financial year 2024-25 (FY25). This comes after reporting an increase in average revenue per occupied bed (ARPOB) per day in FY24, reflecting rising demand for healthcare services. India faces significant challenges in healthcare coverage, with only 5 beds and 8.6 doctors per 10,000 people, according to OECD data—one of the lowest ratios globally. As life expectancy in India is expected to surpass 70 years by 2031, and with the aging population projected to reach 13% by the same year, the demand for healthcare services is set to grow. Additionally, the rise in non-communicable diseases, especially cardiac ailments, driven by lifestyle changes, further underscores the need for expanded healthcare infrastructure. This venture could mark the next significant move for the Bajaj Group, a 96-year-old conglomerate founded by Jamnalal Bajaj. Niraj Bajaj, Chairman of Bajaj Auto and Mukand, may be steering this new diversification. Meanwhile, Rajiv Bajaj’s son, Rishab, has also joined Bajaj Auto as a divisional manager focusing on electric vehicle product strategy. The new healthcare venture has already set up an office in Lower Parel, Mumbai. However, it remains unclear whether the investment will come from the Bajaj family’s office or the Group companies, which include Bajaj Holdings and Investments, Bajaj Auto, Bajaj Finserv, Mukand Industries, Bajaj Electricals, and Hercules Hoist. The Bajaj Group operates through a family council, which was formed three years ago and includes members such as Shekhar, Madhur, Niraj, Rajiv, and Sanjiv Bajaj. They meet regularly to discuss business and family matters. In March, the Bajaj Group committed ₹5,000 crore to social impact initiatives over five years, focusing on skill development under its “Bajaj Beyond” program. This initiative aims to benefit over 20 million youth by providing employment and entrepreneurial opportunities. In the last decade, the Bajaj Group has contributed nearly ₹4,000 crore towards various CSR initiatives, primarily in education, health, livelihood, and water conservation.

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Neeraj Chopra Wins Silver, Arshad Nadeem Sets Olympic Record in Paris 2024 Javelin Final

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Neeraj Chopra, the defending Olympic champion, secured a silver medal in the javelin throw final at the Paris 2024 Olympics, with a throw of 89.45m. However, the night belonged to Pakistan’s Arshad Nadeem, who claimed the gold with an Olympic record-breaking throw of 92.97m. Neeraj entered the final with high expectations after a strong performance in the qualifiers, where he recorded a season-best throw of 89.43m. In the final, despite a new season-best throw, Neeraj couldn’t surpass Nadeem’s astonishing second-round throw. Nadeem further solidified his dominance with a 91.79m throw in his final attempt, securing his victory and marking Pakistan’s first Olympic gold since Barcelona 1992. Speaking after the event, Neeraj congratulated Nadeem, acknowledging that it was the first time in their eight-year rivalry that he had been bested by his Pakistani counterpart. Despite the setback, Neeraj’s silver medal is historic, making him the first Indian to win back-to-back medals in track and field at the Olympics. Neeraj revealed that an adductor injury had hampered his performance, leading to five foul throws. He admitted that concerns about aggravating the injury affected his focus and speed. Nevertheless, he expressed determination to return stronger, stating, “There is a lot left in me. Unless I achieve that, I won’t be at peace.” Neeraj Chopra’s achievement cements his status as one of India’s greatest athletes, adding a silver to his gold from Tokyo 2020 and becoming only the fifth Indian to win two Olympic medals. His journey continues as he looks forward to further accomplishments on the world stage.

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13th ArdorComm – ‘New Normal – Education Leadership Summit & Awards 2024’

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13th ArdorComm – ‘New Normal – Education Leadership Summit & Awards 2024’ #AELSA2025 #AELSAJammu #EducationLeadershipSummit Theme : Future-Forward Education: Cultivating Skills and Mindsets in 21st Century Workplace ArdorComm Media Group, a growing media organisation in India, is hosting 13th New Normal- Education Leadership Summit & Awards 2024, in Visakhapatnam, Andhra Pradesh on 15th November 2024 ‘Andhra Pradesh’ is continuously progressing towards being a desired destination of education and skilling initiatives in India. Along with Visakhapatnam (Vizag) there are more beautiful cities like Amaravati, Anantapur, Vizianagaram, Tirupati, Vijayawada, Mangalagiri, Kurnool, Sri City, Guntur, comprising of many prestigious higher education, technical institutions & schools with improved national assessment and accreditation grades. Government is rolling out the long-term objective of grooming the students as global citizens with a bright future. Education Department has launched a series of initiatives as part of reforms, in mission mode like “Mana Badi Nadu-Nedu”, utilisation of IFPs, Smart TVs, Tabs which gave a big-push to digital transformation from the conventional classrooms, Innovative schemes like Jagananna Amma Vodi, Vidya Kanuka and Gorumudda and comprehensive academic, administrative reforms and many skill reforms. Academicians, Educators, Edupreneurs, HRs, Startups, Edtech & Industry leaders will converge to share their insights, experiences, and accomplishments, all in pursuit of sustainable growth for the education community. ArdorComm media will recognise and honour individuals – institutions whose contribution have tirelessly worked towards the betterment of education, shaping a brighter future for learners worldwide. Join us to experience this moment of celebration & knowledge sharing!! Day 0 SESSIONS 0 + SPEAKERS 0 + SCHOOLS 0 + HIGHER EDUCATION 0 + GOVERNMENT DIGNITARIES 0 + CORPORATE 0 + EDTECH STARTUPS 0 + KEY DISCUSSION POINTS Leveraging AI and EdTech: Enhancing Student Engagement and Personalized Learning Future-Forward Education: Cultivating Skills and Mindsets in 21st Century Workplace Building Emotional Resilience: Integrating Social-Emotional Learning into the Curriculum Data-Driven Decision Making: How Analytics Can Transform Educational Strategies and Outcomes Harnessing Digital Tools:Transforming Traditional Classrooms into Dynamic Learning Environments Preparing Students for Future Careers: Aligning Education with Emerging Industry Trends and Skills PARTICIPATION FROM Government Academia Universities Engineering Inst B-Schools K-12 Preschools Startups HRs EdTech OUR SPEAKERS OUR PARTNERS Host PRESENTING PARTNER Gold Partner EdTech Partner Online Learning Partner Display Solution Partner OUR COMMUNITY PARTNERS EDUCATION HEALTH & WELLNESS HUMAN RESOURCE GOVERNANCE MEDIA ENTERTAINMENT & ART PAST PARTNERS ARDORCOMM EDUCATION LEADERSHIP AWARDS 2024 Indian Educators, Academicians, Institutions, EdTech companies & Startups have set an incredible example of excellence in front of the whole world during this unprecedented times, by adapting changes, transforming, re-skilling & re-inventing, ArdorComm Media, a growing media company in India has announced “New Normal- Education Leadership Summit & Awards 2024” to recognize & felicitate the exemplary contributions and innovative initiatives taken by the Preschools, Schools, Higher educational institutions, Corporate and EdTech Startups associated with the education sector. ArdorComm Media would like to honor the Trendsetters, Innovators, Education Leaders, Institutions and Organizations that have been providing excellence and outstanding accomplishment in the education sector. Ardorcomm Education Leadership Awards 2024 aims to acknowledge those individuals, educational institutions, and EdTech companies that have played a key role in transforming the teaching, learning and employability outcomes. The prestigious award will bring recognition and visibility for an institution/ organization across the sector. This summit will bring together the top notch industry leaders and key decision makers from the education sector, to enrich the community by sharing their insights and knowledge with the stakeholders, which will eventually bring a paradigm shift in the education sphere within various parts of the country. Past Glimpses AGENDA Time Topic 9:00 AM – 9:45 AM Panel 1 -: Leveraging AI and EdTech: Enhancing Student Engagement and Personalized Learning 9:45 AM – 10:40 AM Inaugural Session:- Future-Forward Education: Cultivating Skills and Mindsets in 21st Century Workplace 10: 40 AM – 11:00 AM Fireside Chat 11:00 AM – 11:15 AM Networking Tea 11:15 AM – 12:15 PM Panel 2 :- Building Emotional Resilience: Integrating Social-Emotional Learning into the Curriculum 12:15 PM- 12:25 PM Industry Speech 1 12:25 PM – 12:45 PM Industry Speech 2 12:45 PM -1:45 PM Panel 3 :- Data-Driven Decision Making: How Analytics Can Transform Educational Strategies and Outcomes 1:45 PM – 2:20 PM Networking Lunch 2:20 PM – 3:30 PM Panel 4 – HE :- Harnessing Digital Tools: Transforming Traditional Classrooms into Dynamic Learning Environments 3:30 PM – 3:40 PM Industry Speech 3 3:40 PM – 04:30 PM Panel 5 – HE :- Preparing Students for Future Careers:Aligning Education with Emerging Industry Trends and Skills 4:30 PM – 04:45 PM Networking Tea 04:45 PM – 6:00 PM Valedictory Session: Felicitation & Award Ceremony Time Topic 9:30 AM – 11:00 AM Inaugural Session :- INDIA’s Vision 2030: A Move to Improve Education & Skills in 21st Century Workplace 11:00 AM – 11:15 AM Networking Tea 11:15 AM – 12:15 PM Panel 1 :- Disruptive Technologies Transforming Education in the 21st Century 12:15 PM – 12:25 PM Industry Speech 1 12:25 PM- 12:35 PM Industry Speech 2 12:35 PM – 1:35 PM Panel 2 :- Need of an Effective Early Childhood (ECE) Curriculum for a Sustainable Development Goal. 1:35 PM – 2:15 PM Networking Lunch 2:15 PM – 3:15 PM Panel 3 :- STEM-based learning and skill-based education, most progressive education trends 3:15 PM – 3:25 PM Industry Speech 3 3:25 PM – 3:35 PM Industry Speech 4 3:35 PM – 4:25 PM Panel 4 :- How NEP 2020 Policy Aims to make Education More Inclusive, Equitable, and Holistic? 4:25 PM – 4:40 PM Networking Tea 4:40 PM – 4:50 PM Industry Speech 5 4:50 PM – 6:00 PM Valedictory, Felicitation & Award Ceremony Venue Fairfield by Marriott Visakhapatnam, Andhra Pradesh Ksr Prime R&B Junction, Andhra Pradesh, 530018  Testimonials “Platforms like the New Normal Education Leadership Summit and Awards in New Delhi by ArdorComm Media are the right platforms where we can connect and curate education for today’s modern children. At the end of the day, everyone wants to see value education in our country, Bharat, which will curate the life of

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