Virat Kohli and Anushka Sharma are set to get a 271% return following the listing of insurance startup Go Digit next week. At the upper band of ₹278, the couple’s total investment of ₹2.5 crore will turn to ₹9.25 crore- notional profit of ₹6.75 crore. Virat Kohli had bought 266,667Continue Reading
Google layoffs: In 2024, Google has conducted multiple layoffs and they might not stop as CEO Sundar Pichai said that the company is “taking the time to do it correctly and well.” Criticised for his leadership and the culture around layoffs, the Google top boss said that as a leaderContinue Reading
Tata Consultancy Services (TCS) CEO and MD K Krithivasan received ₹25.36 crore in annual compensation in FY24, the company revealed in its annual report. This implies that his salary is the lowest amongst the large IT firms in India. Even TCS outgoing chief operating officer NG Subramaniam earned more thanContinue Reading
Boeing has been in the headlines lately following a series of problems with its aircraft, with the most recent incidents in Turkey and Senegal. What’s behind the wave of recent incidents on Boeing planes? The episodes, which follow a near-disastrous panel blowout on an Alaska Airlines jet in January, pointContinue Reading
Stock market today: Nifty 50 and Sensex failed to hold early trade gains today (May 3) amid profit booking across sectors. At opening, Nifty 50 was 118 points higher at 22,766.35 against its previous close of 22,648.20. It rose about 0.65 per cent to 22,794.70 but later erased all gains,Continue Reading
Ola’s AI platform Krutrim will compete with global technology majors in building energy-efficient data centres and offer cloud services at the lowest price for the development of artificial intelligence, its founder Bhavish Aggarwal said. The company claims that Krutrim currently understands and generates intelligent responses in over 10 Indian languages,Continue Reading
MRF reported a surprise drop in its fourth-quarter profit as the tyre maker faced pressure from a spike in rubber prices. Ancilliary companies benefit from higher automobile sales and production, as they provide parts for the vehicles. MRF Q4 results: MRF’s net profit drops 7.6% YoY to ₹379.6 crore. SalesContinue Reading
Paytm’s COO and President Bhavesh Gupta on Saturday resigned from his posts at the company citing personal reasons, a company statement said. The fintech company said in its regulatory filing that Gupta’s resignation has been accepted by the company. Bhavesh Gupta, COO and president of Paytm(Photo courtesy: https://blog.paytm.com/) “Bhavesh Gupta,Continue Reading
Private sector lender Kotak Mahindra Bank on Saturday reported an 18 per cent growth in standalone net profit at ₹4,133 crore for the quarter ended March 31, 2024. FILE PHOTO: A man walks past the Kotak Mahindra Bank branch in New Delhi, India, September 6, 2017. REUTERS/Adnan Abidi/File Photo(REUTERS) InContinue Reading
Adani Ports and Special Economic Zone (APSEZ), India’s largest private port operator, is eyeing the Philippines’ Bataan for its port development plan. Karan Adani, managing director and chief executive director of Adani Ports and Special Economic Zone Ltd.(Bloomberg) During a courtesy call with President Ferdinand R Marcos Jr at MalacañangContinue Reading