BUSINESS
I wish more Indian kids, including girls, learn coding early: Tim Cook
In an interaction with IANS during his India visit last week, Cook said that coding is one thing schools worldwide including in India should embrace early in children's lives.
"Coding is the only global language. It is a way to express yourself and arguably, we need more of that in the world and bring the world closer," said Cook, who has always emphasised that coding should be taught as early as elementary school.
Reliance Capital lenders to meet on Monday to resolve concerns of bidders
Torrent Investment and IndusInd International Holdings Ltd (IIHL) of Hinduja Group have expressed many reservations on the scheduled auction and its terms. Both the bidders reportedly have conveyed to the Committee of Creditors (CoC) that unless the issues raised by them are resolved, they are unlikely to participate in the auction.
Global consensus essential for crypto assets regulation: Sitharaman
The IMF has given a paper on crypto-currency and the way it can affect the macroeconomic stability. "The Financial Stability Board (FSB), which was set up by G20, has agreed to give a report that will also focus on financial stability," Sitharaman said. Reports of both FSB and IMF will be discussed in July when Finance Ministers and Central Bank Governors will meet under the G20 umbrella, the Finance Minister said.
Govt working towards clamping down ponzi apps, says Nirmala Sitharaman
Addressing an event in Karnataka's Tumkuru district, the Union mInister when asked if the Centre was planning to clamp down on "financial influencers" who give give financial advices on social media, said there is no such proposal as of now before the government. However she added that, "there are many ponzi apps on which we're working with the IT ministry and RBI and clamping down on them like never before".
Pakistan's state-owned entities are the worst in South Asia
On an annual basis, they together swallow more than 458 billion PKR in public funds to stay afloat as their combined loans and guarantees surged to almost 10pc of GDP (5.4 trillion PKR) in FY21 from 3.1 per cent of GDP or 1.05 trillion PKR in 2016, according to the World Bank that advised a deep-rooted reform programme.
Samsung likely headed for first quarterly loss in 15 years: Analysts
Samsung Electronics could suffer an operating loss of as much as 1.28 trillion won ($961 million), according to an estimate by Hi Investment & Securities Co. Samsung Electronics could suffer an operating loss of as much as 1.28 trillion won ($961 million), according to an estimate by Hi Investment & Securities Co. Samsung.
PNB cautions customers about fake message circulating on digital platforms
The bank said that a fraudulent message stating "PNB's 130th Anniversary Government Financial Subsidy" is being circulated across digital platforms. "These are fake messages and PNB brand name is being used to perpetuate different forms of fraud. In some cases, these frauds are attempts at identity theft and financial scams," the bank said in a statement.
Lyft, Deloitte announce layoffs amid global meltdown
According to a report in the Financial Times, the job cuts at Deloitte will cut 3 per cent of total workforce at its Risk and Financial Advisory division. Later on Friday, ride-hailing firm Lyft announced to significantly reduce the size of the team "as part of a restructuring to focus on better meeting the needs of riders and drivers".According to reports, the layoffs at Uber rival may affect 30 per cent of its 4,000 employees.
Sundar Pichai took home $226 mn in 2022 amid layoffs at Google
According to the tech giant's filing with the US Securities and Exchange Commission (SEC), Pichaia's compensation included stock awards of about $218 million. Pichai's salary, however, has remained steady at $2 million for the past three years, according to reports. On January 20, Google CEO confirmed in a letter to employees that about 12,000 people will be laid off globally, accounting for more than 6 per cent of the total workforce.
'Promotion a smoke screen against protection...': Pilots body sends legal notice to AI
"You are called upon to ensure that no such unilateral change is attempted, nor any of the so-called individual agreements are implemented, failing which, I am instructed by My Client to take all steps open to My Client to proceed against Air India, which shall be at Air India's risk and cost," the legal notice sent to the airline's Chief Human Resources Officer, Suresh Dutt Tripathi.
Don't Miss
Advertisement