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Elon Musk highest-paid CEO, followed by Tim Cook: Report

BUSINESS

Elon Musk highest-paid CEO, followed by Tim Cook: Report

After Musk, the 10 most highly compensated Fortune 500 CEOs of 2021 are all tech and biotech CEOs, including the heads of Apple (Tim Cook), Netflix (Reed Hastings), and Microsoft (Satya Nadella).

Capgemini acquires Chappuis Halder to boost financial services business

BUSINESS

Capgemini acquires Chappuis Halder to boost financial services business

The acquisition will help Capgemini strengthen its capabilities to advise banking, wealth management and insurance clients in North America, Europe and South-East Asia.

Now, Okinawa Autotech dealership burns down to ashes in EV fire

BUSINESS

Now, Okinawa Autotech dealership burns down to ashes in EV fire

Electric two-wheeler manufacturer Okinawa recalled 3,215 units of its 'Praise Pro' scooters on April 16, just before the dealership was engulfed in flames in Tamil Nadu.

Back from Ukraine: Escaping war to land in the thick of life's battles

INDIA

Back from Ukraine: Escaping war to land in the thick of life's battles

Most of the Indian students have returned to their homes safely, but their future now hangs in the balance.

Petrol, diesel prices set to rise Rs 15-22 per litre from next week

INDIA

Petrol, diesel prices set to rise Rs 15-22 per litre from next week

Already, India's main inflation gauge -- Consumer Price Index (CPI) -- which denotes retail inflation, has crossed the target range of the Reserve Bank of India in January.

Telecom industry to witness healthy revenue growth in FY23: Report

BUSINESS

Telecom industry to witness healthy revenue growth in FY23: Report

The sector has been saddled with debt due to complications such as the 'Adjusted Gross Revenue' (AGR) case verdict, which brought in a huge immediate liability on the books of telecom operators.

After Telangana, Maharashtra minister invites Elon Musk

BUSINESS

After Telangana, Maharashtra minister invites Elon Musk

On January 13, Musk had informed that the EV maker is facing a "lot of challenges" for its car launch in India.

US Federal Reserve Vice Chair Richard Clarida to resign on January 14

BUSINESS

US Federal Reserve Vice Chair Richard Clarida to resign on January 14

"With my statutory term as Governor due to expire on January 31, 2022, I am writing to inform you that it is my intention to resign from the Board on January 14," Richard Clarida said in a letter to US President Joe Biden.

Hindustan Syringes shuts plant owing to pollution, triggers shortage scare

BUSINESS

Hindustan Syringes shuts plant owing to pollution, triggers shortage scare

"We have been asked to shut down our needles and syringes plants in Faridabad along with the factories of several other companies," HMD Managing Director Rajiv Nath told news agency IANS.

Omicron scare: 5 with travel history of Africa detected COVID-19 positive in Bihar

INDIA

Omicron scare: 5 with travel history of Africa detected COVID-19 positive in Bihar

The patients had recently arrived in Gopalganj. As per the Covid protocol, the district administration conducted RT-PCR tests of these passengers and the reports came positive.

Chemicals of bombs used in Pulwama attack were sourced via Amazon: CAIT

BUSINESS

Chemicals of bombs used in Pulwama attack were sourced via Amazon: CAIT

CAIT said since facilitation of sale of contraband item Ammonium Nitrate was used against our soldiers, a case of treason should be registered against Amazon and its officials.

US Fed Governor urges faster pace of tapering as inflation surges

WORLD

US Fed Governor urges faster pace of tapering as inflation surges

The consumer price index (CPI) rose 6.2 per cent in October from a year earlier, the strongest annual gain in over 30 years, according to the Labour Department.

'Dead’ man returns to life in UP's Moradabad after 7 hours in mortuary freezer

INDIA

'Dead’ man returns to life in UP's Moradabad after 7 hours in mortuary freezer

According to reports, Srikesh Kumar, an electrician, was hit by a speeding motorbike following which he was taken to the district hospital on Thursday night. The doctors had declared him dead.

2021 becomes a year of hefty dividends from listed companies and bumper IPOs

BUSINESS

2021 becomes a year of hefty dividends from listed companies and bumper IPOs

Accordingly, accelerated economic recovery, along with healthy demand and better margins enabled Aurum Proptech, Clariant Chemicals, Bharat Petroleum, Goodyear Tyre and Rubber Co, PNB Gilts, amongst others to give hefty dividends.

Apple offers 20% bonus in India for adding money to Apple ID

BUSINESS

Apple offers 20% bonus in India for adding money to Apple ID

Users are being notified about a 20 percent bonus when adding funds to an Indian Apple ID account, citing a developer on Twitter, 9To5Mac reported.

BJP announces candidates for assembly bypolls of three states

POLITICS

BJP announces candidates for assembly bypolls of three states

The BJP has announced Subhash Pirajirao Savane from Deglur (SC) assembly constituency of Maharashtra. The saffron party has fielded K. Ladinthara from Tuirial (ST) assembly seat in Mizoram.

NDRF deploys 7 teams in Maharashtra in wake of heavy rains

TRENDS

NDRF deploys 7 teams in Maharashtra in wake of heavy rains

According to NDRF officials, out of seven active teams, three have been deployed in Mumbai, one each in Nagpur, Latur, Aurangabad and Osmanabad with all necessary safety equipment and Gemini boats.

ED interrogates Samajwadi Party leader Azam Khan in Sitapur jail

INDIA

ED interrogates Samajwadi Party leader Azam Khan in Sitapur jail

According to reports, Azam Khan is being interrogated for the funding of his Jauhar University in Rampur which allegedly received foreign funds also.

'Mr Prime Minister, we're going to continue to build on our strong partnership': Joe Biden

WORLD

'Mr Prime Minister, we're going to continue to build on our strong partnership': Joe Biden

He also made a reference to Vice President Kamala Harris's Indian heritage during the opening segment of their meeting, the first in-person meeting after he had become President.

Elon Musk says Starlink internet service leaving beta in October

TECHNOLOGY

Elon Musk says Starlink internet service leaving beta in October

Starlink's internet service is planned to be sold directly to consumers in rural areas around the world

Amazon India clarifies on legal and professional services costs; assures investigation into bribery charges

BUSINESS

Amazon India clarifies on legal and professional services costs; assures investigation into bribery charges

Among the highest legal fees reported are two entities of e-commerce player's Indian companies -- Amazon India Ltd (holding company) and Amazon Seller Services Pvt Ltd. -- the two together spent close to Rs 8,000 crore as legal fees in the past two financial years (FY19 and FY20).

Ambika Soni declines to become Punjab CM, suggests a Sikh for the post

POLITICS

Ambika Soni declines to become Punjab CM, suggests a Sikh for the post

Former Congress President Rahul Gandhi held a meeting late in the night in which party leader Ambika Soni, General Secretary Organisation K.C. Venugopal were present.

KM Birla didn’t disclose offer to sell his stake to govt, Vodafone Idea shareholder complains to SEBI

BUSINESS

KM Birla didn’t disclose offer to sell his stake to govt, Vodafone Idea shareholder complains to SEBI

KM Birla resigned as the Chairman of Vodafone Idea on August 4, after stock exchanges sought the clarification, the complaint said.

Coffee Day Enterprises pays Rs 69 lakh to settle case with SEBI

BUSINESS

Coffee Day Enterprises pays Rs 69 lakh to settle case with SEBI

The SEBI order said that post the settlement the pending adjudication proceedings initiated against Coffee Day Enterprises Ltd has been disposed of.

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