Warren Buffett’s advice on investing and business reached tens of millions of people during his long run at Berkshire Hathaway. But it is Buffett’s success in making shareholder letters sing…
Category: Companies
Cement capacity race with Birla group may ease as Adani shifts focus to margins
Mumbai: The fierce expansion race between India’s two largest cement makers, which led to industry-wide overcapacity and margin erosion, may finally be cooling, with the Adani Group hinting it will…
FCC’s Carr Threatens TV Broadcast Licenses Over News Coverage
(Bloomberg) — Federal Communications Commission Chairman Brendan Carr threatened broadcasters with cancellation of their licenses if they did not “correct course” on news coverage. “Broadcasters that are running hoaxes and…
BP Cleared for First New Gulf of Mexico Field Project Since 2010 Blowout
(Bloomberg) — The Trump administration approved BP Plc’s plan to pump billions of dollars worth of crude from what will be the company’s first virgin field development in the Gulf…
A pardon lobbyist, $500,000 demand and alleged enforcer lead to extortion charge in New York
NEW YORK (AP) — Federal authorities in New York have arrested and charged a lobbyist — one who had worked on behalf of an ex-nursing home operator by President Donald…
Avenue Supermarts DMART appoints Kalpana Unadkat as chairperson, she replaces Chandrashekhar Bhave
Avenue Supermarts Limited announced on Saturday (March 14 )the appointment of Kalpana Unadkat as the chairperson of the company. The company, which operates the supermarket chain, said in a statement…
Bring your own food! LPG shortage prompts action by IT giants HCLTech, Infosys, Cognizant
Several companies have urged their employees to bring their own food amid nationwide concerns over an LPG shortage in the wake of the war in Iran. Cognizant has now joined…
Accenture chief Julia Sweet lays out conditions for promotion, warns of job loss: ‘If you want to get promoted…’
As companies around the world increasingly integrate artificial intelligence into their daily operations, consulting firm is making AI proficiency a prerequisite for moving up the career ladder, indicating that those…
Who is Devendra Singh Chaplot? IIT Bombay alum joins xAI to build superintelligence, welcomed by Elon Musk
Devendra Singh Chaplot, an Indian AI researcher and robotics expert, announced that he is joining SpaceX and xAI to team to build superintelligence. He said he will work directly under…
Meta layoffs: Mark Zuckerberg’s tech firm plans to cut nearly 16,000 jobs as AI costs mount, says report — what we know
Mark Zuckerberg-led Meta is planning sweeping layoffs that could affect 20% or more of the company to offset costly artificial intelligence infrastructure bets and prepare for greater efficiency brought about…