business news

Microsoft Chairman and CEO Satya Nadella has been awarded a staggering compensation package of $79.106 million (approximately ₹665.15 crore) for the fiscal year 2024, according to a recent filing with the US Securities and Exchange Commission (SEC) dated October 24, 2024. This marks a significant 63% increase from his previous year's earnings and is the highest compensation he has received since taking the helm at Microsoft in 2014.

An Ola scooter was engulfed in flames outside the company's showroom in Bengaluru, igniting a wave of social media commentary and trolling. The incident occurred in the BTM Layout area, near Jayadev Hospital, and was captured on video, which quickly went viral after being shared by Congress spokesperson Lavanya Ballal Jain on the platform X (formerly Twitter).

In a heartfelt tribute to his close relationships and commitment to philanthropy, Ratan Tata has named his mentee and executive assistant, Shantanu Naidu, in his will. Tata, who passed away earlier this month at the age of 86, also made provisions for his beloved German Shepherd, Tito, and his long-time associates.

In an eagerly awaited update for fans of Indian cinema, Allu Arjun has officially announced the new release date for Pushpa 2: The Rule. The highly anticipated sequel to the blockbuster Pushpa: The Rise, directed by Sukumar, will now hit theaters on December 5, 2024. This announcement comes after several shifts in the film's release schedule; it was previously set for December 6, and before that, August 15.

Food lovers across the country are expressing their frustration after both Zomato and Swiggy announced an increase in their platform fees to ₹10, coinciding with the festive season. This move by India’s leading food delivery apps has sparked outrage among customers, who feel that the rising costs are making ordering food increasingly unsustainable.

In an unexpected turn of events amid the rumored merger between Reliance's JioCinema and Disney's Hotstar, a Delhi-based developer has acquired the domain name "JioHotstar." This acquisition comes as speculation mounts about the impending consolidation of the two media giants, which is reportedly nearing completion following necessary regulatory approvals.

A recent E. coli outbreak has been traced back to slivered onions used in McDonald's Quarter Pounder hamburgers, resulting in the death of one person and illness in 49 others across the United States. The Centers for Disease Control and Prevention (CDC) reported that the outbreak primarily impacted residents in Colorado and Nebraska, raising serious concerns over food safety practices at the fast-food giant.

In a troubling incident highlighting privacy concerns, a Bengaluru woman has accused her ex-boyfriend of tracking her movements through a food delivery app following the end of their relationship. The story, shared by Rupal Madhup on LinkedIn, reveals how the woman’s ex-boyfriend, who works for the delivery platform, allegedly flagged her account, granting him access to her real-time delivery addresses.

HSBC Bank has made a historic appointment by naming Pam Kaur, an Indian-origin executive, as its new Chief Financial Officer (CFO). This marks a significant milestone, as Kaur becomes the first woman to hold this pivotal role in the bank’s 160-year history. Her appointment will take effect on January 1, 2025, succeeding Georges Elhedery, who recently transitioned to CEO.

In a dramatic escalation of tensions, Israel has announced the declassification of intelligence regarding a hidden Hezbollah financial hub allegedly located beneath a hospital in Beirut. The Israeli Defense Forces (IDF) claimed that this bunker contains an estimated half a billion dollars in cash and gold, purportedly used to fund the militant group's operations.