Broadcom Inc., a leading chip supplier for Apple Inc. and other tech giants, achieved a milestone by reaching a $1 trillion market valuation for the first time on Friday. The surge was fueled by optimism surrounding its artificial intelligence (AI) chips and an impressive stock rally.
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Poonawalla Fincorp CTO Resigns, Alleging Harassment and Disruptive HR Interventions
In a shocking development at Poonawalla Fincorp Limited, Dhiraj Saxena, the company’s Chief Technology Officer (CTO), resigned on December 3, citing harassment and “unnecessary interventions” by the company's Chief Human Resource Officer (CHRO). Saxena’s resignation letter, which was submitted in September but came to light on December 6 through a regulatory filing, highlighted ongoing tensions between the IT department and the HR leadership.
Read More »Retail Inflation Eases to 5.48% in November, Shows Modest Improvement
India's retail inflation eased slightly to 5.48% in November, down from 6.21% in October, according to data released by the Ministry of Statistics and Programme Implementation on Thursday. While the pace of price increases has slowed, the Consumer Price Index (CPI)-based inflation remains well above the Reserve Bank of India's (RBI) target of 4%, which allows a deviation of two percentage points on either side.
Read More »China Plans $1 Billion Investment to Establish Medical City in Pakistan
In a landmark development for Pakistan-China relations, a Chinese business delegation has pledged to invest $1 billion in establishing a state-of-the-art medical city in Karachi. The announcement was made during a meeting with Pakistan's President Asif Ali Zardari, Sindh Chief Minister Syed Murad Ali Shah, and the Chinese Consul General on Thursday.
Read More »Elon Musk Becomes First Person in History to Reach $400 Billion Net Worth
Elon Musk has officially become the first person in history to surpass a $400 billion net worth, marking a significant milestone in his financial journey. The SpaceX and Tesla CEO reached this remarkable achievement following a surge in his wealth driven by a recent insider share sale and favorable outcomes in the recent U.S. elections.
Read More »“Karnataka Faces ₹109 Crore Loss in Digital Fraud, Bengaluru Records Highest Cases”
Karnataka has become a hotspot for digital frauds in 2024, with a staggering ₹109.01 crore lost to scammers impersonating government officials. The figures were disclosed by Home Minister G Parameshwara during a session of the Karnataka Legislative Council on December 12. The scams, which involve criminals pretending to be representatives of agencies like the Reserve Bank of India (RBI), the Telecom Regulatory Authority of India (TRAI), or even law enforcement bodies, have raised serious concerns about cybersecurity in the state.
Read More »“Nearly 400 IndiGo Passengers on Delhi, Mumbai Flights Left Stranded at Istanbul Airport, Report Says”
Around 400 IndiGo passengers traveling to Delhi and Mumbai were left stranded for nearly 24 hours at Istanbul Airport in Turkey, after their flights were delayed due to "operational reasons," as reported by NDTV on Friday. The passengers expressed their frustration on social media, alleging that they were not provided with adequate food, accommodation, or support during the long wait.
Read More »“Uber Introduces Women-Only Bike Ride Service in Bengaluru for Enhanced Safety and Empowerment”
Ride-hailing giant Uber has launched a unique service called ‘Uber Moto Women’ in Bengaluru, designed exclusively for women riders and drivers. This new service aims to provide a safe, affordable, and convenient commute option while addressing women’s safety and mobility concerns, as well as offering flexible earning opportunities for female drivers.
Read More »“Woman Falls from Moving Train in Sri Lanka After Tree Branch Hits Her While Filming Instagram Reels”
In a startling incident, a woman from China fell from a moving train in Sri Lanka after she leaned outside the train to record a Reel. The dangerous stunt, which involved the woman attempting to capture a selfie video while the train was in motion, quickly turned into a terrifying moment when a tree branch struck her, pulling her out of the train.
Read More »Defence Ministry Signs ₹13,500 Crore Agreement with HAL for 12 Su-30 Fighter Jets
In a significant move to bolster India’s defence capabilities and drive self-reliance in the sector, the Ministry of Defence (MoD) has signed a ₹13,500-crore contract with Hindustan Aeronautics Limited (HAL) for the procurement of 12 Sukhoi-30 (Su-30) fighter aircraft. The deal, finalized on Thursday, includes not only the aircraft but also associated equipment for the Indian Air Force (IAF), further advancing the country's efforts to reduce dependence on foreign military imports.
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