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Tesla shareholders asked to reject Elon Musk’s ‘excessive’ $56 billion pay
Proxy advisory firm Glass Lewis said on Saturday it has urged Tesla shareholders to reject a $56 billion pay package for Chief Executive Officer Elon Musk.
Which if passed would be the largest pay package for a CEO in corporate America.…
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EaseMyFirst founder withdraws acquisition bid for crisis-hit Go First
More than three months after jointly bidding for Go First, travel portal EaseMyTrip's CEO Nishant Pitti on Saturday said he was withdrawing the bid for the bankrupt airline.
Busy Bee Airways, majority-owned by Pitti, along with SpiceJet…
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Adani Ports to included in Sensex from June 24, Wipro out of benchmark
Adani Ports will be included in Sensex from June 24 while Wipro will be excluded.
The BSE said as it announced its semi-annual rebalancing exercise in which changes were made to BSE 100, Sensex 50, Sensex Next 50 indices. With this, Adani…
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Jensen Huang predicts AI-generated videos will push demand for Nvidia chips
Nvidia expects its new AI models- capable of creating video and engaging in human-like voice interactions- to increase demand for the company's graphics processors, its CEO Jensen Huang said.
"There's a lot of information in life that has…
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IndiGo to introduce business class on busiest routes this year
IndiGo, India's largest airline, announced its plans on Thursday to introduce business class seating in its flights.
This year to provide more options to its passengers amid rising economic growth and evolving aspirations of Indian…
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Adani CFO mocks coal scam reports: ‘Britain had to colonise India because…’
Adani Group's CFO Jugeshinder Robbie Singh reacted to a Financial Times (FT) investigative report that claimed the conglomerate's involvement in an alleged coal scam.
On X (formerly Twitter), he said, "A major investigative report, on why…
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Satya Nadella, LinkedIn, 8 others fined ₹27 lakh for companies law violations
The corporate affairs ministry on Wednesday slapped fines on Microsoft-owned LinkedIn India, Satya Nadella and eight other individuals for violation of the significant beneficial owner norms under the companies law.
Nadella is the chief of…
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Oyo hits pause on IPO plans, aims to refile post $450M loan refinance
Oravel Stays Ltd, the parent company of travel and hospitality giant Oyo, has decided to put a temporary halt on its plans to go public by withdrawing its draft red herring prospectus (DRHP) from the Securities and Exchange Board of India…
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Paytm Q4 FY24 Loss Widens To ₹ 550 Crore After RBI Action Against Payments Bank
Digital payments firm Paytm posted a wider loss in the fiscal fourth quarter on Wednesday, hurt by weakness in its payments and financial services business.
After the central bank shut down its banking unit. The company's consolidated net…
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PM Modi’s shoutout to Zomato CEO: ‘Surname doesn’t matter in today’s India’
In a shoutout to Zomato CEO Deepinder Goyal, Prime Minister Narendra Modi on Monday said that in today’s India, one’s surname holds no significance.
The Prime Minister’s tweet came in response to a viral video of Goyal, where he recounted…
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