FOUNDATIONS OF MACHINE LEARNING

-

Comments

Post a Comment

Popular posts from this blog

How a Microsoft font brought down Pakistani Prime Minister Nawaz Sharif

-
Image
A Microsoft font brought down Pakistani Prime Minister - The document was purported to be written in February 2006 but court-appointed investigators concluded that it was forged, noting that it used the Calibri font, a Microsoft licensed typeface that was not commercially available at the time. Ref.Link -  Pakistan Prime Minister Nawaz Sharif has resigned after the Supreme Court disqualified him from office.
Read more

The Big Picture - LIC Lifeline for IDBI

-
Image
RDAI on Friday approved LIC’s plan to buy 51 percent stake in IDBI Bank, as the insurance regulator gave the insurer exemption from the 15 percent investment cap. The Life Insurance Corporation of India is expected to invest Rs 10,000-13,000 crore in tranches in the NPA-mired state-run lender according to media reports.  The insurer will pare its stake in the bank to 15 percent in 5-7 years, according to PTI. The valuation will be decided as per Sebi regulations. Post the deal, the government's stake in the bank will fall below 51 percent. The government currently holds 81 percent stake in the bank and the deal may involve both real estate and non-core entities of IDBI Bank. LIC has a 10.82 percent stake in the state-run lender.
Read more