Lighthouse Learning Group is acquiring Pathways School Gurgaon for approximately Rs 1,500 crore. This transaction marks a significant deal within India's school education sector. The school operates as a company, which may have influenced its valuation. Lighthouse Learning has recently acquired other educational institutions in the region. New owners might adjust costs and fees to sustain school operations.from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/fgVHuQh
TCS reported June-quarter revenue of $7.6 billion, showing a modest year-on-year increase. The company added over nine thousand employees, marking significant workforce expansion. Consolidated net profit saw a sequential decline after a one-time legal charge. Operating margins decreased due to annual wage hikes, with a goal to return to twenty-five percent. TCS expects AI to evolve jobs rather than eliminate them, creating new roles.
Getty Image has ended its planned $3.7 billion merger with Shutterstock. The UK competition regulator required Shutterstock to sell its editorial business. Getty's board decided this condition was not in the company's best interests. The companies had unveiled the deal in January 2025 to build a visual content powerhouse. Both firms now face increasing pressure from AI image generators.