Varthana raises $3 million from Dell Foundation to expand its school transformation program

Bengaluru: Bengaluru-based school finance company Varthana has raised $3 million in funding from the Michael and Susan Dell Foundation to expand its school transformation program (STP). The programme is aimed at improving the quality of learning in private schools by extending credit facilities. Through the STP initiative, Varthana provides debt financing, […]

Apple admits LTE issues in Series 3 smartwatch, promises update soon

Apple’s new Series 3 smartwatch has not rolled out in several markets yet and already the device has come under fire for having erratic LTE connectivity. The company, however, has acknowledged the issue and promised to release a software update very soon. As per reviewers from The Verge, Apple Watch Series 3 that […]

Weekly mortgage applications to purchase a home drop 3%, even as falling rates spark a rush to refinance

  Jamie Rector | Bloomberg | Getty Images Another drop in mortgage interest rates continued to confound expectations, but current homeowners saw a clear path to savings. Mortgage application volume rose 2.8 percent last week, all thanks to refinances. The Mortgage Bankers Association’s seasonally adjusted weekly index remains 12 percent […]