• Gautam Adani now among world’s top 20 billionaires: Forbes

    Gautam Adani now among world’s top 20 billionaires: Forbes
    Published Date : 06-Apr-2021 3:06:48IST

    Adani Group’s Gautam Adani has entered the top 20 list of world’s billionaires, according to Forbes. Currently, Adani has a net worth of $61.5 billion. His six listed companies had net worth of around $80 billion, as of March. Earlier, Adani beat the world’s top two richest persons Jeff Bezos and Elon Musk in terms of wealth gained in 2021.

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  • Covishield efficacy 90% if doses given 2.5-3 months apart: Poonawalla

    Covishield efficacy 90% if doses given 2.5-3 months apart: Poonawalla
    Published Date : 06-Apr-2021 3:04:54IST

    Serum Institute of India’s CEO Adar Poonawalla told India Today that Oxford-AstraZeneca’s Covishield vaccine’s efficacy rises to 90% if the doses are given 2.5-3 months apart. A Lancet study had earlier said that the vaccine had 70% efficacy with a month’s gap between doses. “A group was administered doses with higher gap…and they found the efficacy was 90%,” Poonawalla said.

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  • Musk loses $27 bn in a week, now $20 bn behind Bezos: Bloomberg

    Musk loses $27 bn in a week, now $20 bn behind Bezos: Bloomberg
    Published Date : 07-Mar-2021 7:24:20IST

    Tesla CEO Elon Musk has lost $27 billion since Monday as shares of the automaker tumbled in the selloff of tech stocks, according to Bloomberg. Musk’s reduced net worth of $157 billion puts him $20 billion behind world’s richest person Amazon CEO Jeff Bezos, Bloomberg added. Tesla’s market value has declined by $230 billion in the past four weeks.

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  • I play around with iPhones but I use an Android phone: Bill Gates

    I play around with iPhones but I use an Android phone: Bill Gates
    Published Date : 27-Feb-2021 9:02:04IST

    Microsoft Co-founder Bill Gates said he “plays around with iPhones” to keep a track of everything but carries around an Android phone. “Some of the Android manufacturers pre-install Microsoft software in a way that makes it easy for me,” he added. “They’re more flexible…So that’s what I ended up getting used to,” Gates said during an interview on Clubhouse app.

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  • Tesla’s global workforce rose by 47% to 70,757 employees in 2020

    Tesla’s global workforce rose by 47% to 70,757 employees in 2020
    Published Date : 09-Feb-2021 9:15:13IST

    Electric vehicle maker Tesla’s global workforce rose from 48,016 in 2019 to 70,757 in 2020, marking a 47% growth, the company’s filings revealed. The world’s richest person Elon Musk-led Tesla expanded its operations in China and Germany last year. It also delivered 4,99,550 vehicles worldwide last year, slightly missing its target of 5,00,000 deliveries.

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  • Ratan Tata requests people to stop social media campaign for Bharat Ratna to him

    Ratan Tata requests people to stop social media campaign for Bharat Ratna to him
    Published Date : 06-Feb-2021 11:19:06IST

    Tata Sons Chairman Emeritus Ratan Tata on Saturday requested that the campaign on social media for Bharat Ratna to him be discontinued. “Instead, I consider myself fortunate to be…Indian and to try and contribute to India’s growth and prosperity,” he said. Several Twitter users urged the government to confer Tata with India’s highest civilian honour with the hashtag #BharatRatnaForRatanTata.

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  • Tata in talks to launch Moderna’s COVID-19 vaccine in India: Report

    Tata in talks to launch Moderna’s COVID-19 vaccine in India: Report
    Published Date : 25-Jan-2021 3:42:04IST

    Tata Group’s healthcare venture has started initial discussions with America’s Moderna for a partnership to launch its COVID-19 vaccine in India, the Economic Times reported on Monday. Tata Medical & Diagnostics could team up with the India’s Council of Scientific and Industrial Research (CSIR) to conduct trials, the report added. Moderna’s vaccine can be stored at normal fridge temperatures.

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  • Reliance employed 50,000 people since March 2020: Mukesh Ambani

    Reliance employed 50,000 people since March 2020: Mukesh Ambani
    Published Date : 23-Jan-2021 7:30:36IST

    Reliance Industries on Friday released Q3 results for FY 2020-21, where Chairman Mukesh Ambani said, “I’m proud that Reliance has employed 50,000 more people since March 2020.” He added, “At a time when the Indian economy is poised for a confident recovery, we’ve been able to contribute to it.” RIL’s net profit rose 12.6% year-on-year to ₹13,101 crore in Q3.

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  • Tesla overtakes Facebook to become world’s sixth most valuable company

    Tesla overtakes Facebook to become world’s sixth most valuable company
    Published Date : 08-Jan-2021 9:46:12IST

    Tesla on Thursday overtook Facebook to become the world’s sixth most valuable company, just behind Google-parent Alphabet. After an 8% surge, Tesla ended the day with a market capitalisation at $774 billion, compared to Facebook’s $765 billion. Tesla CEO Elon Musk on Thursday surpassed Amazon’s Jeff Bezos to become the world’s richest person with a $195-billion fortune, according to Bloomberg.

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  • How strange…well, back to work: Musk after becoming world’s richest person

    How strange…well, back to work: Musk after becoming world’s richest person
    Published Date : 08-Jan-2021 9:43:58IST

    Tesla CEO Elon Musk, who on Thursday overtook Amazon CEO Jeff Bezos as the world’s richest person, tweeted, ‘How strange’, after achieving the milestone. In another tweet, he said, “Well, back to work.” A 4.8% rally in Tesla shares boosted Elon Musk’s net worth past Jeff Bezos’ net worth on Bloomberg Billionaires Index.

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  • US-India advocacy group asks Biden to ease H-1B visa restrictions

    US-India advocacy group asks Biden to ease H-1B visa restrictions
    Published Date : 06-Jan-2021 3:17:02IST

    US-India Strategic Partnership Forum has recommended to US President-elect Joe Biden that his administration should ease restrictions on H-1B visas, the group’s President Mukesh Aghi said. Students with PhD degrees should be given a green card, “so that they stay and contribute from day one as a taxpayer and also to the growth of the [US] economy”, he added.

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  • Tesla to start operations in India in early 2021, confirms Nitin Gadkari

    Tesla to start operations in India in early 2021, confirms Nitin Gadkari
    Published Date : 28-Dec-2020 3:32:26IST

    Union Transport and Highways Minister Nitin Gadkari on Monday told The Indian Express that Elon Musk-led electric vehicle company Tesla will start operations in India in early 2021. He said Tesla will start operations first with sales and then maybe look at assembly and manufacturing. Some recent reports claimed that Tesla will launch Model 3 in India in June 2021.

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  • Elon Musk only $20 billion away from becoming the world’s richest person

    Elon Musk only $20 billion away from becoming the world’s richest person
    Published Date : 19-Dec-2020 10:54:24IST

    Tesla CEO Elon Musk is now only $20 billion away from becoming the world’s richest person overtaking Amazon CEO Jeff Bezos, according to Bloomberg. The 49-year-old’s net worth jumped almost $9 billion to $167.3 billion on Friday as Tesla shares soared. He has added nearly $140 billion this year, which is more than the entire net worth of Bill Gates.

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  • Future of work is hybrid: Infosys CEO

    Future of work is hybrid: Infosys CEO
    Published Date : 16-Dec-2020 4:48:28IST

    Infosys CEO Salil Parekh on Tuesday said the future workplace will be a hybrid one. “We also feel that the concept of social capital is important,” Parekh said, adding that the current focus is to ensure “it’s the right time…for us to work in a work environment”. The flexibility to work from anywhere is critical, he added.

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  • Kohli’s first Audi that he sold in 2016 lying in police station, pics surface

    Kohli’s first Audi that he sold in 2016 lying in police station, pics surface
    Published Date : 13-Dec-2020 12:15:30IST

    Team India captain Virat Kohli’s first Audi supercar, a 2012 Audi R8, has been found lying abandoned in a police station in Maharashtra. Kohli had sold the car through a broker in 2016 to Sagar Thakkar, who was later involved in a mega scam. Mumbai Police raided his properties and seized the car after he went into hiding.

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