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Amsterdam, Aug 23 : Seven iPad-centric "Steve Jobs schools" opened their doors across the Netherlands earlier this week.

The elementary schools, where iPads play an important role in education and where each student gets his or her own iPad, will educate students as per the principles of the O4NT foundation. O4NT is the Dutch acronym "education for a new era", which emphasises the role of the iPad in an elementary school environment, Xinhua reported citing local media.

Washington, Aug 23 : The US Financial Industry Regulatory Authority (FINRA) has fined Morgan Stanley $1 million and ordered another $188,000 in restitution plus interests for its failure to provide the best execution and a fair price in customer transactions.

FINRA, the largest independent regulator for all securities firms doing business in the US, said Thursday it found that Morgan Stanley failed to ensure that the purchase or sale price to the customer was as favourable as possible under current market conditions in 116 customer transactions, involving corporate and agency bonds.

Ongoing depreciation in the value of rupee will likely put more pressure on India but it is no trigger for rating action, global rating agency Fitch said.

The Indian currency has slipped more than 15 per cent against the Greenback so far this year, and the government's various measures have thus far failed to arrest the free-fall.

After falling to 64.54 per US dollar in the intra-day trade on Wednesday this week, the partly-convertible Indian currency slipped to its all-time low of more than 65 per US dollar on Thursday.

Two of the richest men in the world, Charles and David Koch have scrapped plans to acquire the newspaper assets of Tribune Co following a conclusion that the papers were not economically viable to operate.

Logistics Company, United Parcel Service Inc has indicated that it will scrap the health-insurance benefits for working spouses of non-union employees if they get coverage from elsewhere.

Mumbai, Aug 23 - A benchmark index of Indian equities markets was trading flat -- up 59.20 points or 0.32 percent during pre-noon trade Friday.

Good buying was observed in consumer durables, auto, banking index (bankex) and capital goods sectors; while selling pressure was observed in metal and fast moving consumer goods (FMCG) sectors.