A job-seeker in the US received a rude rejection email with just the word “Declined” from a non-profit organization. The company later apologized, blaming a system error. The email had no greetings or explanation for the rejection. Users criticized the company for being unprofessional, and the company admitted the mistake and promised to fix the issue. The job-seeker shared the incident on Reddit, and the company responded to the backlash. You Can Read Full News By Clicking On Below Link.
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Netflix co-founder reed hastings discussed his approach to taking risks in a recent podcast. He follows the principle of “recoverable risk,” meaning he takes risks that can be fixed if they don’t work out. This approach allows him to get more done and move fast. Hastings borrowed this philosophy from amazon founder Jeff Bezos, who sees risks as either “one-way doors”…
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Hemant Bakshi, the CEO of Ola Cabs, has resigned from his position after just four months. The company is undergoing a restructuring process that may result in a 10% reduction in jobs. Ola Cabs has also closed its international operations in the UK, Australia, and New Zealand. Despite these changes, the company’s financials show positive growth, with a revenue of ₹2,135 crore and a positive…
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Tesla CEO Elon Musk has fired top executives in a recent round of job cuts.
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Apple may surprise everyone by launching its much-delayed artificial intelligence features on May 7, possibly in the form of the ipad Pro. It was expected to be launched in June during the World Wide Developers Conference, but apple may be looking to keep the ipad relevant in the market. The new ipad pro may have a powerful processor capable of handling AI capabilities, possibly the M4 chip. This…
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The Reserve Bank of India (RBI) has banned Kotak Mahindra Bank from adding new customers through digital channels and issuing new credit cards. This caused the bank’s shares to fall by 13%. Uday Kotak, the largest shareholder, saw his wealth decline by $1.3 billion. The RBI cited governance and risk issues with the bank’s technology systems as the reason for the ban. Kotak Mahindra Bank…
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Zerodha co-founder nithin kamath shared tips for successful trading, emphasizing the importance of surviving bad days. He recommended using fully hedged options strategies like spreads to minimize losses due to volatility. Kamath also highlighted the need for risk management and appropriate position sizing. He mentioned that sudden spikes in option prices on expiry days have caught traders off guard…
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Chinese smartphone maker Xiaomi has received over 75,000 orders for its electric sedan, the SU7, and plans to deliver over 10,000 units in June. The company aims to deliver more than 100,000 units of the SU7 by 2024 and will focus on the Chinese market for the next three years. Xiaomi’s car, which is inspired by Porsche and is cheaper than Tesla’s Model 3, has sparked a price war in the…
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Shares of Kotak Mahindra Bank dropped by 10% after the Reserve Bank of India issued an order.
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