Jensen Huang, the CEO of Nvidia, has made it into the top 10 of Forbes' billionaire list for the first time, with a net worth of $124.1 billion. His wealth jumped by $3.6 billion after Nvidia's stock price rose, highlighting a key moment in the world of generative AI.
Advisor to Prime Minister Tarun Kapoor said that the windfall tax on crude oil isn't very relevant right now. The Ministry of Petroleum has reached out to the Finance Ministry about possibly getting rid of the tax, especially since crude prices have dropped and the tax has been set to zero per tonne.
Scammers in India are using different tricks to cheat people, especially those who are middle-aged and older. Recent stories show how dangerous scams like fake police threats and digital arrests can be, leading victims to lose a lot of money. It's important to stay informed and alert about these common scams.
A recent report shows that Mukesh Ambani's Jio Financial is talking to Allianz about starting insurance partnerships in India. This comes after Jio Financial chose to end its partnership with Bajaj. The goal is to improve Jio's financial services and grow its presence in the insurance market.
Police in Gujarat have arrested Morris Samuel Christian, who pretended to be a judge and ran a fake court since 2019. He tricked people involved in land disputes, promising quick fixes for large fees. Christian set up mock court sessions and had friends act as court staff, which eventually led to his arrest for cheating and impersonation.
Great Learning, an edtech startup, reported a revenue of $118 million in FY24, marking a 23% increase from the previous year. The Bengaluru-based company, known for its upskilling courses in data science and AI, remains EBITDA positive despite challenges in the edtech sector.
Blinkit, Zomato's quick commerce arm, has witnessed its market share in Delhi NCR tumble to 40%. The company is now eager to extend its reach into other metro areas. Despite this setback, Blinkit continues to be a major growth engine for Zomato, with substantial revenue boosts and a mission to launch 2,000 dark stores by FY26.
A Zomato customer, Radhika Bajaj, recently claimed that a delivery guy verbally abused her office staff because they took 10 minutes too long to collect their order. Zomato quickly apologized, admitting the behavior was unacceptable, while social media lit up with discussions about how to treat delivery partners and suggestions for penalties for late pickups.
Haryana's crackdown on stubble burning has led to the arrest of 14 farmers, despite the government's ongoing efforts to tackle this issue. The Chief Minister has introduced new machinery to help farmers, but the effectiveness of these initiatives is still up in the air.
Delhi University’s student fee revenue has skyrocketed to over Rs 200 crore in five years. While UGC grants have ascended, their proportion in total funding has dwindled. The university intends to cultivate more funds through various initiatives, including leasing facilities and establishing endowment funds.