Google has reportedly fired more than 20 employees who were protesting against the company’s cloud computing project with the Israeli government. This comes after 28 employees were fired last week for participating in sit-in protests. The total number of employees fired for staging protests has now reached almost 50. Google CEO Sundar Pichai warned employees that while debate and discussions are encouraged, there are limitations and disruptive behavior will not be tolerated. You Can Read Full News By Clicking On Below Link.
read more at Hindustan Times
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The Municipal Corporation of Delhi (MCD) has assured the Delhi High Court that it will clear the arrears owed to government employees from the 7th Pay Commission soon. The MCD stated that it expects to receive Rs. 738 crore from the Delhi government, which will be used to disburse the outstanding arrears. The court has set a deadline of 10 working days for the release of the funds. The MCD has also…
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Edtech firm Byju’s has started paying salaries after a two-month delay. The company is unable to use the funds from its recent rights issue due to a directive from the National Company Law Tribunal (NCLT). Byju’s has assured employees that salary disbursement has begun and will be completed within the next 10 days. The company has not yet received approval to access the rights issue funds…
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Creative Graphics Solutions had a successful stock market debut, with its share price listed at Rs. 175, a premium of 106% on its earlier valuation. The company’s IPO saw a subscription frenzy, with a subscription status of 201.86 times. The funds raised from the IPO will be used for various purposes including working capital reserves and potential acquisitions. Creative Graphics Solutions specializes…
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Elon Musk is being sued for defamation by a man in Texas. The man claims that Musk promoted a conspiracy theory about him being a federal agent posing as a neo-Nazi. Musk admitted to making mistakes but said he didn’t think he harmed the man. This is not the first time Musk has been sued for defamation, but it is the first since he bought X (formerly Twitter). Musk said his goal is to have X…
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Maruti Suzuki is offering discounts on its Nexa range of cars at the beginning of the financial year. Customers can get discounts of up to ₹1.5 lakh on models like Baleno, Fronx, and Jimny. The discounts include cash discounts, exchange bonuses, and corporate discounts. However, the XL6 and flagship Invicto MPV models are not included in these offers. The discounts may vary depending on location and…
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Guess what? Elon Musk recently shared that he doesn't like to control every little thing.
April 9, 2024 12:39 pmBillionaire Elon Musk, known for being a micromanager, wants to change that perception. He believes that smart employees don’t need to be micromanaged and can figure out what to do on their own. Musk says that attention to detail is important for making a perfect product. He works long hours and believes that setting goals for employees and letting them figure out how to achieve them is the…
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Tesla has settled a wrongful death lawsuit with the family of an engineer who died in a crash involving a Model X car. The lawsuit accused Tesla of not delivering on its promises regarding driver-assistance and safety technology. The settlement amount remains undisclosed. The engineer’s family claimed that the car’s technology should have prevented the accident. US regulators found that…
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The Royal Bank of Canada (RBC) has fired its Chief Financial Officer, Nadine Ahn, due to allegations of misconduct. Ahn was accused of having a undisclosed personal relationship with another employee, which could lead to preferential treatment. The investigation cleared Ahn and the other employee of any financial wrongdoing, but the bank considered their actions a breach of its code of conduct. Katherine…
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Japan’s largest telecommunications company, NTT, and the country’s biggest newspaper, Yomiuri Shimbun, have called for legislation to control artificial intelligence (AI). They are concerned that AI programs developed by US companies could damage democracy and social order. The companies believe that AI tools are already harming human dignity and could lead to wars if left unchecked. They…
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Tata group’s retail brand Zudio is successful because it refreshes its inventory every few days, according to fund manager Saurabh Mukherjea. This has led to exponential growth for Zudio, making it an outlier in its sector. Mukherjea also highlighted the difficulty of replicating Zudio’s fast inventory turnover and the analytical effort required to develop new clothes and designs. Marcellus…
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Ever wondered how much money CEOs make? The average salary in India is...
April 9, 2024 12:38 pmThe average salary of CEOs in India has increased by 40% compared to before the Covid-19 pandemic. More than half of their pay is based on short-term and long-term incentives. CEOs who are also promoters or part of the promoter family earn an average of ₹16.7 crore. The report also states that CEO compensation has seen high growth rates, with a wide range of numbers. Companies are now focusing on…
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The price of Adani Ports shares has gone down by 2%, after a ₹913-crore deal.
April 8, 2024 2:33 pmShares of Adani Ports fell 2% after a ₹913-crore deal. The deal is likely to increase trading volumes. Adani Ports reported its highest-ever monthly cargo volume in March. Citi and Morgan Stanley have revised their target prices for the stock, remaining optimistic about its earnings. You Can Read Full News By Clicking On Below Link.
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Air India has chosen Jayaraj Shanmugam to lead their worldwide airport operations.
April 8, 2024 2:33 pmAir India has appointed Jayaraj Shanmugam as the head of its global airport operations. He will start on April 15 and report to the chief operations officer. Shanmugam has experience working at various airlines, including Singapore Airlines, Qatar Airways, and Jet Airways. He was previously the chief operating officer at the Bangalore International Airport Ltd. You Can Read Full News By Clicking On…
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In April 2024, there will be several bank holidays in India. National banks will have five back-to-back holidays from April 9 to April 14. Some states will also have additional holidays on April 15 and 16. It is advised to check with local bank branches for specific holiday leaves. Online banking services will still be available during these holidays. You Can Read Full News By Clicking On Below Link…
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The share allotment for Bharti Hexacom IPO will be finalized today. Those who applied can check the allotment status on Kfin Technologies Ltd’s website. The IPO had a subscription status of 29.88 times, with high demand from retail, institutional, and non-institutional investors. Refunds will be processed for those not allotted shares, while allocated shares will be credited to demat accounts…
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Farmers are saying that exporting onions at low prices is causing them to lose money.
April 8, 2024 7:54 amIndian onion shipments to the UAE have been sold at low prices, allowing importers in the UAE to make large profits. indian farmers and traders are alleging that they are being exploited while the UAE benefits. India has banned onion exports due to a domestic supply shortage and high prices. However, the government allowed a limited amount of onions to be exported to the UAE, Bangladesh, Bhutan, Bahrain…
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OpenAI has used over a million hours of YouTube videos to train its language model GPT-4. They used a speech recognition tool called Whisper to transcribe the videos. This raises concerns about compliance with YouTube’s policies, as Google restricts the use of its videos for independent applications. Google itself has also transcribed YouTube videos for AI training, potentially breaching copyright…
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Paytm founder Vijay Shekhar Sharma used an AI tool ChatGPT to learn about cooking oil. The tool warned that reheating oil can create harmful compounds like trans fats. Sharma shared this information in response to a post on social media. He advised people to use fresher and healthier alternatives to oil. Some users were unimpressed with his comments, questioning the relevance of the information. You…
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Indian benchmark equity indices, the Sensex and Nifty, reached record highs on Monday. This was due to optimism in global markets and foreign fund inflows. Reliance Industries also contributed to the rally. The Sensex reached a record high of 74,555.44 points, while the Nifty climbed to 22,593.30 points. Tata Steel, Bajaj Finserv, Power Grid, Reliance Industries, Axis Bank, and JSW Steel were the…
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Shares of Tata Steel have reached a new 52-week high of ₹166.85 after the company reported a 6% growth in deliveries in FY24. The company produced 18.85 million tonnes of steel in the previous financial year, and automotive and special products segment deliveries increased by 8% in FY24. Revenues from Tata Steel Aashiyana, an e-commerce platform, also saw a 30% increase in FY24. In the past year…
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