Photo: The Indian Express
Bengal govt told to pay Rs 766 crore compensation to Tata Motors
Tata Motors gets arbitral award of ₹766 crore plus interest to compensate for its investment in the now scrapped Singur plant. On October30, a three-member Arbitral Tribunal gave a unanimous award in favour of Tata Motors to be compensated for its investment in the now-scrapped in West Bengal. "In respect of the arbitration proceedings between Tata Motors Limited (TML) and West Bengal Industrial Development Corporation Limited (WBIDC)," read… read-more
Tags: business, West Bengal, Compensation, TATA Motors, Deal
Courtesy: The Times of India
Photo: X
Slight Change In Rules For Content Creators On X, Says Musk
Spreading misinformation will no longer be profitable on X, announced Elon Musk, with his latest update in rule for content creators. Announced on October 29, this is a big win, as people were purposely spreading misinformation for cash Since the conflict started, especially fake news, giving less value. Now, for misinformed content, there will be no revenue in sharing. While a section is happy, creators are in conflict.
Tags: Elon Musk, X Platform, Content Creator, revenue, Monetization
Courtesy: Twitter
Photo: India Today
Ex-Infosys CEO Says This On Narayan Murthy's 70 Hours Working Statement
The statement regarding 70 hours of working hours, suggested by Infosys CEO Narayan Murthy, has opened an online debate. Many experts and doctors jumped into this, sharing their opinions. After a Bengaluru-based doctor said that inhuman working hours causing heart issues amongst youngsters, the ex-Infosys CEO Mohandas Pai said, "Interesting data! This is for all ages. NRN advice was for youngsters, people below 30! Prosperity needs hardwork… read-more
Tags: Narayan Murthy, Infosys, Productive, 70-hours working
Courtesy: NDTV
Photo: Pymnts.com
Google Announces $2 Billion In AI Startup
Google has doubled down on its artificial intelligence bets by investing another $2 billion into AI startup Anthropic, according to a new report. Google has already invested $500 million upfront to Anthropic—a rival to ChatGPT creators OpenAI — and will pay off the remaining $1.5 billion over time, said a post released on October 27. The mega-deal adds to Google’s $550 million investment into Anthropic earlier in the year.
Tags: Google, Startup, AI Investment, Crypto, business
Courtesy: Coin Telegraph
Photo: India Today
Elon Musk Wants X To Replace Bank Accounts, Be Financial Hub
Elon Musk is celebrating one year of Twitter takeover with $44 billion-deal, and aims to make it all app, including the financial hub. As per sources, on October 26, Musk and X CEO Linda Yaccarino held X's first all-hand meeting and discussed major aspects of rebranding, including the vision of making the platform a space for users for finances. Musk also asked X employees to replace X with bank accounts.
Tags: Elon Musk, X, Finances, business, X Employees, Banks
Courtesy: NDTV
Photo: NDTV
Reliance Shareholders Approve Appointment Of Isha, Akash & Anant Ambani
The appointment of Ambani scions Akash, Isha and Anant on the board of Reliance Industries has been approved by the shareholders, the company on Friday said through an exchange filing. As per the regulatory filing, twins Isha and Akash, got over 98 per cent of votes for being appointed on the board of Reliance while Anant, got 92.75 per cent votes.The voting was conducted through remote e-voting process,
Tags: Reliance, Ambanis, shareholders, Board Members, approval
Courtesy: The Free Press Journal
Photo: India Today
Anushka Sharma, Virat Launches New Venture Nisarga
Celebrity couple Anushka Sharma and Virat Kohli on Monday announced their foray into promoting events and experiences through their new venture, Nisarga. The new venture will promote high impact events and intellectual properties (IPs), curate special segments in existing IPs as well as develop and create new platforms. As a first step, Nisarga has tied up with Elite Octane, a specialist motorsports and entertainment events for holding big… read-more
Tags: Anushka Sharma, Virat Kohli, Nisarga, Event Promotion, Venture, business
Courtesy: India Today
Photo: India Today
CBTF Betting App Owner Detained In Connection With Mahadev Betting App
Amit Majithia, also known as 'Guru', the promoter of the CBTF betting app, has been detained in Dubai. He is allegedly a close associate of Saurabh Chandrakar and is expected to be deported to India in connection with the Mahadev betting app case. Intelligence sources reveal that the Enforcement Directorate (ED) is actively collaborating with Dubai security agencies to investigate the Mahadev syndicate. The ED is investigating the Madave App… read-more
Tags: Betting App, Mahadev App Case, CBTF App, ED, National
Courtesy: The Free Press Journal
Photo: India Today
Apple Is Making Plans To Expand, Plans To Integrate AI In Gadgets
Big tech giant, Apple is in race to compete Google, Microsoft, and Meta are currently leading the charge, continuously unveiling new AI features. Apple is planning to make a change and take a leap is not far off. According to reports, the Cupertino-based tech company is planning to expand its portfolio of generative AI technology, soon introducing AI-related features for iPhones, Macs, and various services, including the voice assistant Siri… read-more
Tags: Apple, iPhones, Gadgest, AI ChatGPT, business, Technology
Courtesy: India Today
Photo: India Today
Wakh Bakri CEO Dies At 49, Attacked By Stray Dogs
In a shocking incident, CEO & owner of Wakh Bakri Parag Desai, died at the age of 42, in Ahmedabad. He suffered brain hamorrhage, after being attacked by stray dogs, resulting in tragic death on October 23. The 42-year-old was attacked by dogs on October 15. In attempt to escape,Parag tried his best but fell on the ground suffering deep head injuries. The incident raised concern of stray dog attacks.
Tags: Wakh Bakri chai, parag desai, Brain Hemorrhage, Ahmedabad Hospital, stray dogs
Courtesy: Live Mint
