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Cabinet Approves Rs 30,000-Crore LPG Subsidy To Compensate Oil Firms For Losses
Cabinet on Friday approved Rs 30,000 crore LPG subsidy to state-run oil companies -- Indian Oil Corporation, Bharat Petroleum, and Hindustan Petroleum -- to compensate for losses incurred from selling LPG at below cost over the past 15 months.
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Centre Launches 100-Day Drive To Help Investors Claim Dividend, Update KYC
The Investor Education and Protection Fund Authority (IEPFA), under the Ministry of Corporate Affairs, has launched a 100-day campaign titled 'Saksham Niveshak,' running from July 28-November 6.
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Microsoft SharePoint Hack: Probe on Whether Chinese Hackers Found Flaw via Alert
Microsoft is probing if a leak from its cybersecurity early warning system allowed Chinese hackers to exploit unpatched flaws in its SharePoint service. The company is said to be investigating whether this program, designed to give security experts a head start on fixes, inadvertently led to widespread exploitation of SharePoint vulnerabilities glo...
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PayPal Partners With NPCI, Others to Build Cross-Border Payments Platform Focused on Interoperability
PayPal on Wednesday announced a partnership with National Payments Corporation of India (NPCI) International Payments Limited and other global payment systems to build a new platform that will support cross-border transactions. Dubbed PayPal World, it will be a technology-agnostic platform that connects to all partnering payment systems. The San Jo...
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"HR Approved": IKEA, Tesla, Other Companies Milk Viral Coldplay Clip
When a stadium jumbotron turned into an accidental expose of corporate drama, the internet did what it does best: made it viral. This time, major global brands also pouncedand profited off of it.
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Mumbai Government Job Timings To Change? New Move To Tackle Train Crowd
Mumbai's suburban rail network carries nearly 8 million passengers daily, with the most intense rush observed between 8 to 11 am and 5 to 8 pm.
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Google Secures $3-Billion US Hydropower Deal In Largest Clean Power Pact
Google has agreed to secure as much as 3 gigawatts of US hydropower in the world's largest corporate clean power pact for hydroelectricity, the company said, as Big Tech pursues the expansion of energy-hungry data centers.
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Reddit Post Highlights Growing Trend Of US Companies Outsourcing Jobs To India: "Gotten Out Of Hand"
The post has gone viral, with Reddit users discussing theconsequences of US staffing firms offshoring their recruiting operations to India.
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"Waking Up At 3 AM, Working Weekends": Indian-Origin Man In US Shares Harsh Reality Of Life After College
An Indian-origin man living in the US has gone viral on LinkedIn after sharing his struggles with the transition from university to corporate life.
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"Resign By 2PM Or You're Fired": Freshers' Shocking Experience Sparks Online Outrage
The incident has sparked a heated discussion, with many users criticizing the company's behavior as unethical.
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19 US Employees Become Millionaires After CEO Sells Company Stake For $1 Billion
Bill Phelps, the CEO of Dave's Hot Chicken and former CEO and co-founder of Wetzel's Pretzels, recently revealed that he turned 19 of his employees into millionaires after selling a majority stake to a private equity firm for close to $1 billion.
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Microsoft Touts AI Sales at Town Hall, Reveals Barclays Contract
Microsoft touted its progress selling AI tools to corporate customers during a companywide town hall this week. The world’s largest software maker is considered a leader in commercializing AI products, thanks to its close partnership with ChatGPT maker OpenAI, and has been embedding Copilot in its suite of productivity applications.
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Indian Techie Shares Sweden's Corporate Perks, Internet Says "Dream Job"
According to Ashutosh, full-time employees in Sweden are entitled to 30 days of paid vacation every year
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OpenAI Drops For-Profit Plans, Will Transition to Non-Profit-Governed Public Benefit Corporation
OpenAI has announced it will not convert into a traditional for-profit company, following legal consultations and external feedback. Instead, the firm will transition its commercial arm into a Public Benefit Corporation (PBC), ending its 100x profit cap and allowing more investor returns while maintaining its non-profit governance structure. The no...
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OpenAI Continues To Be Overseen, Controlled By Nonprofit: Sam Altman
Sam Altman-run OpenAI will continue to be overseen and controlled by the nonprofit and its 'for profit LLC' will transition to a public benefit corporation, giving the nonprofit better resources to support several benefits, the company has announced
-
Cabinet Approves Rs 30,000-Crore LPG Subsidy To Compensate Oil Firms For Losses
Cabinet on Friday approved Rs 30,000 crore LPG subsidy to state-run oil companies -- Indian Oil Corporation, Bharat Petroleum, and Hindustan Petroleum -- to compensate for losses incurred from selling LPG at below cost over the past 15 months.
-
Centre Launches 100-Day Drive To Help Investors Claim Dividend, Update KYC
The Investor Education and Protection Fund Authority (IEPFA), under the Ministry of Corporate Affairs, has launched a 100-day campaign titled 'Saksham Niveshak,' running from July 28-November 6.
-
Microsoft SharePoint Hack: Probe on Whether Chinese Hackers Found Flaw via Alert
Microsoft is probing if a leak from its cybersecurity early warning system allowed Chinese hackers to exploit unpatched flaws in its SharePoint service. The company is said to be investigating whether this program, designed to give security experts a head start on fixes, inadvertently led to widespread exploitation of SharePoint vulnerabilities glo...
-
PayPal Partners With NPCI, Others to Build Cross-Border Payments Platform Focused on Interoperability
PayPal on Wednesday announced a partnership with National Payments Corporation of India (NPCI) International Payments Limited and other global payment systems to build a new platform that will support cross-border transactions. Dubbed PayPal World, it will be a technology-agnostic platform that connects to all partnering payment systems. The San Jo...
-
"HR Approved": IKEA, Tesla, Other Companies Milk Viral Coldplay Clip
When a stadium jumbotron turned into an accidental expose of corporate drama, the internet did what it does best: made it viral. This time, major global brands also pouncedand profited off of it.
-
Mumbai Government Job Timings To Change? New Move To Tackle Train Crowd
Mumbai's suburban rail network carries nearly 8 million passengers daily, with the most intense rush observed between 8 to 11 am and 5 to 8 pm.
-
Google Secures $3-Billion US Hydropower Deal In Largest Clean Power Pact
Google has agreed to secure as much as 3 gigawatts of US hydropower in the world's largest corporate clean power pact for hydroelectricity, the company said, as Big Tech pursues the expansion of energy-hungry data centers.
-
Reddit Post Highlights Growing Trend Of US Companies Outsourcing Jobs To India: "Gotten Out Of Hand"
The post has gone viral, with Reddit users discussing theconsequences of US staffing firms offshoring their recruiting operations to India.
-
"Waking Up At 3 AM, Working Weekends": Indian-Origin Man In US Shares Harsh Reality Of Life After College
An Indian-origin man living in the US has gone viral on LinkedIn after sharing his struggles with the transition from university to corporate life.
-
"Resign By 2PM Or You're Fired": Freshers' Shocking Experience Sparks Online Outrage
The incident has sparked a heated discussion, with many users criticizing the company's behavior as unethical.
-
19 US Employees Become Millionaires After CEO Sells Company Stake For $1 Billion
Bill Phelps, the CEO of Dave's Hot Chicken and former CEO and co-founder of Wetzel's Pretzels, recently revealed that he turned 19 of his employees into millionaires after selling a majority stake to a private equity firm for close to $1 billion.
-
Microsoft Touts AI Sales at Town Hall, Reveals Barclays Contract
Microsoft touted its progress selling AI tools to corporate customers during a companywide town hall this week. The world’s largest software maker is considered a leader in commercializing AI products, thanks to its close partnership with ChatGPT maker OpenAI, and has been embedding Copilot in its suite of productivity applications.
-
Indian Techie Shares Sweden's Corporate Perks, Internet Says "Dream Job"
According to Ashutosh, full-time employees in Sweden are entitled to 30 days of paid vacation every year
-
OpenAI Drops For-Profit Plans, Will Transition to Non-Profit-Governed Public Benefit Corporation
OpenAI has announced it will not convert into a traditional for-profit company, following legal consultations and external feedback. Instead, the firm will transition its commercial arm into a Public Benefit Corporation (PBC), ending its 100x profit cap and allowing more investor returns while maintaining its non-profit governance structure. The no...
-
OpenAI Continues To Be Overseen, Controlled By Nonprofit: Sam Altman
Sam Altman-run OpenAI will continue to be overseen and controlled by the nonprofit and its 'for profit LLC' will transition to a public benefit corporation, giving the nonprofit better resources to support several benefits, the company has announced
