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Oracle founder Larry Ellison is currently the world’s second richest person, only behind Tesla CEO Elon Musk. As per Bloomberg’s Billionaires Index, he has a total net worth of $373 billion. Ellison’s wealth has grown rapidly in the past months due to massive gains in Oracle’s stock, driven by the AI boom. But not many…
PhonePe plans $1.5 billion IPO PhonePe Limited filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) late Tuesday night, taking the confidential route.The company confirmed the development and said the filings were made in accordance with the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, reported ET.PhonePe…
The Central Board of Indirect Taxes and Customs (CBIC) is working on a mechanism to introduce a monetary limit for issuing GST demand notices, in a bid to reduce unnecessary disputes and avoid notices being issued on flimsy grounds, PTI reported citing a senior official on Tuesday.Shashank Priya, Member, CBIC, said the board will soon…
Cochin Shipyard Ltd (CSL) is set to invest about Rs 15,000 crore in a greenfield shipyard in Tamil Nadu in partnership with HD Korea Shipbuilding & Offshore Engineering (HD KSOE), according to an official statement issued on Tuesday.The first phase of the project is expected to generate nearly 10,000 jobs–4,000 direct and 6,000 indirect– and…
Guwahati: Bowing to the demands of people and rule out foul play, Assam CM Himanta Biswa Sarma on Monday announced that a second autopsy will be conducted on legendary singer Zubeen Garg, who passed away while swimming in the sea in Singapore last Friday. As a tribute to the music icon, the CM has declared…
Arshdeep Singh (PTI Photo) NEW DELHI: Former India all-rounder Irfan Pathan has raised a crucial question ahead of the high-voltage Asia Cup 2025 Super Four clash between India and Pakistan in Dubai on Sunday — should Arshdeep Singh return to the playing XI?During a discussion on Sony Sports, Pathan underlined the importance of having the…
Google has issued an emergency guidance to its H-1B visa holders traveling abroad, advising immediate return to the United States. The directive came hours after President Trump announced a $100,000 fee for new H-1B applications—a staggering 6,600% increase from current costs. The company advised H-1B holders currently outside the United States to “return immediately” and…
Commerce and industry minister Piyush Goyal on Saturday unveiled a set of integrated logistics plans aimed at reducing transaction cost of industry.The pilot programme has started in eight cities across eight states and is designed to review existing logistics infrastructure, spot gaps, and provide a roadmap for improving efficiency and reducing costs, the ministry said.Goyal…
NEW DELHI: Government is drafting a regulatory framework for India’s booming coaching industry, starting with a crackdown on misleading ads and a mandate for full disclosure of teaching methods, faculty credentials, and student success rates. Proposals include limits on daily instructional hours and compulsory data on enrolment versus results to prevent parents and students from…
Ike Barinholtz, who is playing Elon Musk in a 2026 film about OpenAI, said that he won’t meet the Tesla CEO for preparation. In an interview with Variety recently at the Emmys, Barinholtz said “I’m okay,” when asked about reaching out to Elon Musk for the role. “He’s famous enough where you get it,” he…
