Satya Nadella’s salary has jumped to the highest since he became Microsoft Corp.’s chief executive officer more than a decade ago, thanks to the progress the company has seen in AI. Microsoft CEO Satya Nadella. (File Photo) The India-born CEO will draw a salary of $96.5 million in Fiscal 2025 versus $79.1 million in Fiscal […]
Zepto Pvt. Ltd. has raised a mammoth round of funding ahead of a likely IPO next year, and amid a market-share battle with Swiggy Ltd.’s Instamart and Blinkit owned by Eternal Ltd. A Zepto delivery partner. Zepto, founded by Aadit Palicha and Kaivalya Vohra, is likely to revisit its IPO plans after the $450-million funding […]
The much-anticipated Maharashtra Housing and Area Development Authority (MHADA) housing lottery will not take place in 2025, contrary to earlier expectations that the lottery for 5,000 affordable homes would be held around Diwali this year. According to MHADA officials, the lottery schedule has been pushed back to March 2026. However, the exact date and the […]
India’s trade deficit in September widened the most in eleven months as 50% US tariffs took effect in the world’s fourth largest economy. Shipping containers at Mundra port in Gujarat. The 50% US tariffs on India came into effect on 27 August 2025. (Reuters) The gap between exports and imports stood at $32.15 billion in […]
The valuation of Indian Premier League has eroded for a second year in a row, after a bidding war for broadcasting rights made it the world’s most lucrative cricket tournament. Cricketer Virat Kohli’s Royal Challengers Bangalore is the latest winner of the Indian Premier League in 2025. (Representative Image/ANI) IPL’s valuation dropped nearly 11% to […]
India is fast-tracking trade talks with the US with the goal of concluding deal negotiations by next month, according to people familiar with the matter, even as Russian oil imports remain a sticking point. Prime Minister Narendra Modi (left) and US President Donald Trump. (AFP) New Delhi is working on a plan that would be […]
Rumours of Sachin Tendulkar owning a certain smallcap stock have sent it soaring 13,000% in a year, so much so that the company has had to issue a clarification. Former India cricketer Sachin Tendulkar. (AFP) There’s circulation of misinformation that the legendary cricketer Sachin Tendulkar has invested in RRP Semiconductors Ltd., and “we feel because […]
