Latest News, Updates & Breaking Headlines
The Delaware Supreme Court ruled in favour of Elon Musk, reinstating his 2018’s pay package awarding the Tesla CEO an annual salary of $56 billion. The decision comes after it was struck down by Delaware Chancery Court judge Kathaleen McCormick last year. Soon after the ruling, Elon Musk wrote on X (formerly known as Twitter):…
In a major win for Elon Musk, Delaware’s Supreme Court has restored the Tesla CEO’s $56 billion pay package from 2018. The compensation plan was struck down by Delaware Chancery Court judge Kathaleen McCormick last year who said that the tech billionaire had improperly influenced board members to come up with the compensation plan. Reversing…
The Ministry of Civil Aviation has provided for extensive rights and protections of air travelers. It gives clear guidelines on flight delays, cancellations, baggage, ticket management among other things.These provisions become significant to understand to ensure consumer rights especially after the recent flight disruption crisis. Here’s a glimpse at certain key provisions to ensure passenger…
Celina Jaitly and her estranged husband, Austrian hotelier Peter Haag, appeared before a metropolitan magistrate’s court in Andheri on Friday, where the court directed both parties to file their income affidavits by January 27. The court also asked Haag to submit his reply to Jaitly’s domestic violence (DV) complaint. The directions were issued during the…
Kolkata: Insurers cannot deny compensation to the family of a fatal road accident victim merely because an autopsy has detected alcohol in the abdomen, as the deceased is not available to defend himself against allegations of drunk driving, Calcutta high court has observed.Justice Biswaroop Chowdhury on Friday upheld an East Midnapore court’s decision awarding Rs…
Sidhu Moosewala’s mother sends legal notice to Christian organisation for defamation BATHINDA: Angry over the use of her picture in a protest, slain rapper Sidhu Moosewala‘s mother, Charan Kaur, has sent a legal notice for criminal and civil defamation. The notice requires cessation, a public apology, and compensation to the office bearers/authorised representatives of the…
NEW DELHI: IndiGo passengers who were stranded at airports on Dec 3, 4 & 5 will receive a travel voucher of Rs 10,000 with a validity of a year from the airline. This will be in addition to the compensation of Rs 5000 to Rs 10,000 “depending on the block time of the flight, to…
The South film industry witnessed major moments today, from AVM Saravanan’s passing and heartfelt tributes by Rajinikanth, Suriya and Sivakumar, to Naga Chaitanya and Sobhita celebrating their first wedding anniversary. Ilaiyaraaja received ₹50 lakh compensation in a copyright dispute, while Karthi’s Vaa Vaathiyaar faced a legal hurdle, putting its release in uncertainty. Today (December 4),…
Legendary investor Michael Burry has slammed Tesla and tech giants for diluting shareholder value through stock-based compensation, arguing it’s unfairly excluded from earnings. He highlighted Tesla’s 3.6% annual dilution and Elon Musk’s massive pay package as prime examples. Burry, known for predicting the 2008 crash, believes these accounting practices mask true costs, urging investors to…
NEW DELHI: With the beginning of the Winter Session of Parliament on Monday, the government is set to table two key bills in the Lok Sabha proposing an excise duty on sin goods, like tobacco and tobacco products, and another introducing a new cess on the manufacturing of pan masala. What is Central Excise (Amendment)…
