• Asia’s most expensive apartment sold for ₹611 crore on Hong Kong Island

    Asia’s most expensive apartment sold for ₹611 crore on Hong Kong Island
    Published Date : 10-Nov-2021 7:09:09IST

    A 4,544 square feet apartment on Hong Kong Island has been sold for HK$640 million (around ₹611 crore) in Asia’s most expensive apartment sale, Bloomberg reported on Wednesday. Costing HK$140,800 (₹13.44 lakh) per square foot, the apartment came with three parking spaces. The apartment is built on the Peak, a luxury residential area on Hong Kong Island.

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  • Microsoft overtakes Apple as world’s most valuable company

    Microsoft overtakes Apple as world’s most valuable company
    Published Date : 29-Oct-2021 9:09:15IST

    Microsoft Corp on Friday overtook Apple Inc to become the world’s most valuable public company after iPhone maker’s shares continued to fall after missing earnings expectations on Thursday. Apple’s shares were down 3.6% at $147, implying a market capitalisation of $2.41 trillion while Microsoft’s shares were up 0.7% at $326.8 at a market valuation of $2.46 trillion.

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  • Apple CEO bought 9,956 sq ft home in California for $10 mn: Report

    Apple CEO bought 9,956 sq ft home in California for $10 mn: Report
    Published Date : 02-Oct-2021 8:08:01IST

    Apple CEO Tim Cook has reportedly purchased a 9,956-sq ft house in Southern California’s Madison Club for $9.1-10.1 million. While the purchase was made two years ago, Dirt said it has now confirmed that Cook was the buyer. The house has five bedrooms, a wet bar with custom billiards table, an infinity pool, a fire pit, and a built-in barbecue.

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  • Lamborghini Has Delivered 300 Cars In India Till Date

    Lamborghini Has Delivered 300 Cars In India Till Date
    Published Date : 21-Sep-2021 3:42:00IST

    Automobili Lamborghini has announced achieving a new milestone of delivering 300 Lamborghini cars in the Indian market. This milestone announcement comes as the brand concluded its second edition of Lamborghini Day, which was celebrated over three weekends and across three locations – Mumbai-Pune, Bangalore-Hampi and New Delhi-Jewar. The Lamborghini Urus has been a big contributor to the brand’s sales in India. In 2019, the company sold a total of 65 units in the country and posted a growth of 30 per cent compared to 2018.

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  • World’s 25 richest families collectively worth $1.7 trillion now: Bloomberg

    World’s 25 richest families collectively worth $1.7 trillion now: Bloomberg
    Published Date : 19-Sep-2021 11:34:23IST

    The world’s 25 richest families added $312 billion to their collective wealth and are now worth $1.7 trillion, Bloomberg reported. It’s a 22% gain since last August, Bloomberg added. The Waltons of Walmart emerged as the world’s richest family collectively worth $238.2 billion, richer than the individual wealths of Jeff Bezos and Elon Musk, the world’s two richest people.

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  • WhatsApp banned 20 lakh Indian accounts from May 15 to June 15

    WhatsApp banned 20 lakh Indian accounts from May 15 to June 15
    Published Date : 15-Jul-2021 10:54:22IST

    WhatsApp in its compliance report under the new IT rules revealed that it banned 20 lakh Indian accounts from May 15 to June 15. “Our top focus is preventing accounts from sending harmful or unwanted messages,” WhatsApp said. It also clarified that over 95% of such bans are due to the unauthorised use of automated or bulk messaging (spam).

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  • I do live in a $50,000 house: World’s 2nd richest man Musk with $186 bn wealth

    I do live in a $50,000 house: World’s 2nd richest man Musk with $186 bn wealth
    Published Date : 04-Jul-2021 8:41:21IST

    Elon Musk, the world’s second-richest man with a $186 billion fortune, has reaffirmed that he’s living in a $50,000 house in the US that he rents from SpaceX. “I do live in a $50,000 house, but not this specific one,” Musk responded to reports about him living in a box-shaped prefabricated home. Earlier, Musk announced he’s selling all his mansions.

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  • Bezos to step down as Amazon CEO tomorrow at 57 as world’s richest person

    Bezos to step down as Amazon CEO tomorrow at 57 as world’s richest person
    Published Date : 04-Jul-2021 8:32:51IST

    Jeff Bezos will officially step down as the CEO of Amazon on Monday, July 5, the company he founded as an online bookstore exactly 27 years ago on July 5, 1994. Bezos, 57, will be retiring as the world’s richest person with a net worth of over $200 billion, according to Bloomberg. He’ll become the Executive Chairman of Amazon’s board.

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  • 80 iPhones worth over Rs 1 cr seized at Hyd Airport

    80 iPhones worth over Rs 1 cr seized at Hyd Airport
    Published Date : 24-Jun-2021 11:47:37IST

    Custom officials at the Rajiv Gandhi International Airport here have seized 80 iPhones from two passengers arriving from Sharjah. They found the iPhones worth over Rs 1 cr while checking the luggage of the two passengers who had arrived by flight G9-458 on Wednesday. The two passengers, along with another person who had organised the smuggling of iPhones, have been arrested. The seized phones include iPhone 12 Pro and iPhone 12 Pro Max models. These handsets are priced between Rs 1 lakh and Rs 1.5 lakh each.

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  • Bill & Melinda Gates’ money management firm changes name after divorce

    Bill & Melinda Gates’ money management firm changes name after divorce
    Published Date : 22-Jun-2021 4:07:47IST

    The company which manages the personal wealth of Microsoft Co-founder Bill and Melinda French Gates is changing its name to Cascade Asset Management Co. “The new name is intended to allow for the evolving needs of the Gates family and their philanthropic work,” a spokesperson for Cascade said. The ex-couple announced their divorce in May after 27 years of marriage.

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  • Gautam Adani loses $13.2 billion in net worth in 4 days

    Gautam Adani loses $13.2 billion in net worth in 4 days
    Published Date : 18-Jun-2021 11:14:35IST

    Adani Group Chairman Gautam Adani’s wealth dropped by $13.2 billion to $63.5 billion in four days, as per Bloomberg. The 58-year-old has lost more money this week than anyone else in the world, Bloomberg reported. This comes as stocks of Adani Group companies crashed following reports of foreign funds’ accounts being frozen. The group had called the reports “blatantly erroneous”.

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  • Swiggy, Zomato resume operations in Hyd after pausing services

    Swiggy, Zomato resume operations in Hyd after pausing services
    Published Date : 24-May-2021 12:18:54IST

    Swiggy and Zomato have resumed services in Hyderabad with a limited fleet. Both the https://transparentpharmacy.net platforms had paused their services in the city on May 22 and sought clarity after the police had seized vehicles of delivery workers during lockdown checks. Telangana DGP Mahender Reddy later instructed three Commissioners of Police to address the issue and ensure smooth delivery of essentials.

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  • 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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