Business

Five oil majors to distribute more than $100 billion to shareholders

Five oil majors to distribute more than $100 billion to shareholders

London–The world’s five largest listed oil companies are expected to reward their investors with record payouts of more than $100…
L’Oreal heiress is first woman to amass a fortune of $100bn

L’Oreal heiress is first woman to amass a fortune of $100bn

London– The L’Oreal heiress and businesswoman, Francoise Bettencourt Meyers, has become the first woman to amass a fortune of $100bn,…
Ex-Microsoft CEO to receive $1 bn annually for doing nothing

Ex-Microsoft CEO to receive $1 bn annually for doing nothing

San Francisco– Former Microsoft CEO Steve Ballmer, who is presently the sixth richest person globally, is set to collect a…
Tesla may set up EV plant in Gujarat, Musk likely to visit India next month

Tesla may set up EV plant in Gujarat, Musk likely to visit India next month

New Delhi– Elon Musk’s Tesla may finally end its dry run in India and announce to set up an Electric…
FB, Insta, YouTube & others collectively made $11 bn in ad revenue from youth: Study

FB, Insta, YouTube & others collectively made $11 bn in ad revenue from youth: Study

San Francisco– Social media giants like Facebook, Instagram, Snapchat, TikTok, X (formerly Twitter), and YouTube collectively made nearly $11 billion…
Infosys accuses Cognizant of unethical poaching

Infosys accuses Cognizant of unethical poaching

Bengaluru– Bengaluru-based tech giant Infosys has accused major rival tech company Cognizant of unethical poaching tactics and also sent an…
Foreign Direct Investment flows jump to 21-month high in October

Foreign Direct Investment flows jump to 21-month high in October

Mumbai– The net Foreign Direct Investment (FDI) flowing into India reached a 21-month high in October reflecting the strengthening fundamentals…
Adani Group infusing Rs 9,350 crore into Adani Green Energy

Adani Group infusing Rs 9,350 crore into Adani Green Energy

Mumbai– Adani Green Energy announced on Tuesday that the promoters of the company will infuse Rs 9,350 crore into it…
Chip giant Intel to lay off 235 employees in 5th job cut round this year

Chip giant Intel to lay off 235 employees in 5th job cut round this year

San Francisco– Chip giant Intel is laying off 235 employees in its fifth round of job cuts this year, and…
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