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-
Tesla asks investors to OK Musk's 56 billion dollar pay again
Tesla re-votes on $56B Musk compensation voided by Delaware court. Denholm criticises. Lawsuit over CEO pay. Musk's 13% ownership. Global headcount cut. Bloomberg reports. -
Markets Wipe Out Early Gains On Fag-end Sell-off; Nifty Slips From Record High
Snapping its two-day winning run, the 30-share BSE Sensex declined 188.50 points or 0.25 per cent to settle at 74,482.78. During the day, it had jumped 440.11 points or 0.58 per cent to 75,111.39. -
Bank holidays in May 2024: Banks are closed for up to 14 days; check state-wise list here
May 2024 will see banks closed for 14 days, including national and regional holidays like Lok Sabha General Elections 2024. Specific state holidays such as Birthday of Rabindranath Tagore and Buddha Purnima will be observed. -
India’s oil import bill to balloon to $101-104 billion in 2024-25: ICRA
India's net oil import bill could widen to $101-104 billion in FY2025, with any escalation in the Iran-Israel conflict potentially impacting import values, according to ICRA. Reduction in Russian oil imports has led to savings, but persisting low discounts may increase import costs. -
Stock Market Holiday: Will NSE, BSE Be Closed Tomorrow, 1 May For Maharashtra Day?
The BSE holiday calander has listed all the details regarding stock market holidays. Check it out. -
Hyundai Motor Group To Launch Hybrid In India: Report
Reports suggest that Hyundai might bring hybrid powertrain options to its midsize SUVs and sedan. -
After Hong Kong And Singapore, Now Australia To Recall MDH And Everest Masala?
Recently Singapore and Hong Kong suspended the sale of MDH and Everest Masala powders, for its alleged usage of Ethylene Oxide pesticides in their spice mix. -
Save lakhs in interest cost? What RBI’s new rules for interest overcharging on loans mean for borrowers
The Reserve Bank of India has come across instances of lenders resorting to certain unfair practices in charging of interest. What do RBI’s latest guidelines and instructions to banks and NBFCs mean for loan borrowers? We explain the math and answer your common questions: -
Flipkart-Owned Cleartrip's CFO Aditya Agarwal Steps Down, Akshat Mishra Takes Over
Aditya Agarwal worked for nine years at Cleartrip, wherein he was instrumental in shaping its financial strategy and organisational growth. -
India's Gold Demand Rises 8% In Jan-march Despite Soaring Prices
Gold purchases have increased despite rising prices, reflecting higher incomes in a growing economy, according to market analysts. -
Toyota Launches Rumion G AT Variant; Check What's New
Toyota Rumion is a 1.5-litre naturally aspirated petrol engine capable of producing 103bhp power and 137Nm torque. -
'Reverse Colonialism': Anand Mahindra Applauds London's Tiffin Service Inspired By Mumbai’s Famed Dabbawalas
DabbaDrop, the food delivery service founded in 2018 takes its inspiration from the famous Mumbai dabbawala system. -
Frustrated by falling sales, pace of job cuts? Elon Musk lays off Tesla senior execs; plans to dismiss hundreds more employees: Report
Elon Musk dismisses two senior Tesla executives: The report by The Information cites an email from Musk to senior managers. The report states that Rebecca Tinucci, head of Tesla's Supercharger division, and Daniel Ho, leader of the new vehicles program, will depart on Tuesday morning. -
Important updates for NPS subscribers: New charges and security measures announced by PFRDA
PFRDA's guidelines impact NPS PoPs' fee structure, introducing persistency charges. Security upgrades include Aadhaar-based authentication, and nodal offices must verify documents thoroughly for exit/withdrawal requests in the CRA system, ensuring accuracy and adherence to guidelines. -
Gold rate today: Yellow metal drops Rs 250/10 grams; Silver declines Rs 457/Kg
Gold prices dropped on MCX ahead of US Federal Reserve's rate cut. June gold futures and May silver futures decreased. US gold at $2,330/ounce rose 5% this month. International demand remains strong. -
Stop Charging Extra Interest On Loan Amount Not Received, Refund Excess Charges To Customers: RBI To Banks
RBI has asked banks and financial institutions to follow fair practices in charging of interest on loans by them. -
2 Consumers Allege Falling Sick After Consuming Food From Noida's McDonald's, Theobroma; FDA Collects Samples
The complaints were lodged with the Food Safety Connect portal of the Food Safety and Standards Authority of India (FSSAI) against Noida's McDonald's and Theobroma. -
Check The Jaw-Dropping Salary Of Wipro’s New CEO Srinivas Pallia; Has Basic Pay Range Of $1,750,000 To $3,000,000
Check out the Whopping salary of Wipro's new CEO Srinivas Pallia, that includes his basic pay, bonus, long-term incentives and other details. -
Stock market today: BSE Sensex up 100 points near 74,700; Nifty above 22,650
Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, resumed their rally on Tuesday after a strong show on Monday. BSE Sensex moves up 100 points and Nifty50 was above 22,650. -
Stock market today: BSE Sensex crosses 75,000 mark; Nifty above 22,750
Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, resumed their rally on Tuesday after a strong show on Monday. BSE Sensex moved up over 380 points to cross the 75,000 mark and Nifty50 was above 22,750. -
Elon Musk’s fortune soars by most since before Twitter purchase
Elon Musk, the world's third-wealthiest individual, has seen his net worth surge by an impressive $37.3 billion over the past five days, marking his most significant weekly gain since March 2022. This substantial increase comes nearly a year after Musk agreed to acquire Twitter Inc. for $44 billion in one of the largest leveraged buyout deals ever recorded. Following this agreement, Musk's fortune has experienced both dramatic rises and falls, a stark contrast to the remarkable growth it saw in -
Mahindra & Mahindra becomes revenue leader in SUV category
The surge in SUVs has made Mahindra & Mahindra one of the biggest gainers in the Indian automotive industry. The company, which till a few years back was struggling to get its act together with previous-gen Scorpio as its only flagship, has staged a turnaround and emerged as the revenue leader in the SUV category, ahead of some of its formidable rivals such as Toyota, Hyundai, Tata Motors, Kia and Maruti Suzuki. -
Increasing global uncertainties may impact demand, India's exports: FIEO
The escalating geopolitical tension may have implications for the country's exports in the first quarter of 2024-25 as it is likely to impact global demand, apex exporters body Fieo said. The global uncertainties caused by the continuing war between Russia and Ukraine have impacted India’s outbound shipments in 2023-24, which recorded a decline of 3.1% to $437 billion. Imports too dipped by over 8% to $677.2 billion. -
Wipro CEO Pallia to get $4.5 million to $7 million in annual salary
Srini Pallia, Wipro's newly-appointed CEO, is set to receive an annual compensation package ranging from $4.5 million to $7 million, as disclosed in the shareholders' notice posted on the BSE on Monday. Pallia, a 32-year veteran of the company, assumed the role of CEO and MD on April 7 for a five-year term. He succeeds Thierry Delaporte, who departed before his tenure was scheduled to conclude in 2025. -
Mumbai airport cargo volumes grow 6% in FY24
CSMIA experienced a 6% growth in cargo volumes in FY 2023-24, with a 10% rise in international cargo volumes. The airport saw a 20% increase in Cargo Air Traffic Movements (ATMs) and handled various products efficiently. -
AstraZeneca admits in court that its 'Covid vaccine can cause TTS side effects in rare cases'
AstraZeneca, in collaboration with the University of Oxford, has acknowledged that its COVID-19 vaccine carries the risk of causing a rare side effect known as Thrombosis with Thrombocytopenia Syndrome (TTS), according to a report by The Telegraph. The pharmaceutical company is facing a lawsuit alleging that its vaccine has led to fatalities and serious injuries among recipients. -
RBI Tells Banks To Stop Charging Extra Interest On Loans As Probe Shows Unfair Practices
Some banks were charging interest for the entire month, rather than charging interest only for the period for which the loan was outstanding. -
Success Story: Meet Mukesh Ambani's Close Relative Who Worked With BCCI Long Before Ambani Founded the Mumbai Indians In IPL
He was the President of the Goa Cricket Association (GCA) and a member of the Board of Control for Cricket in India (BCCI) during the period from 1994 to 1997. -
RBI launches two key surveys for monetary policy inputs
The Reserve Bank of India (RBI) unveiled the 'Inflation Expectations Survey of Households' and the 'Consumer Confidence Survey.' These surveys will offer crucial insights for the upcoming bi-monthly monetary policy, scheduled for June 5-7, 2024. -
Mahindra XUV 3XO Launched at Rs. 7.49 Lakh; Check Design, Features, Price
Mahindra & Mahindra has launched its facelifted version of XUV 300 with a starting price of 7.49 Lakh(ex-showroom) and has been renamed as XUV 3XO.
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