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Apple’s Steve Jobs Used Vacations for Big-Picture Brainstorms
An early Apple engineer said Steve Jobs would use his vacation for big-picture brainstorming. Sometimes that would mean Jobs calling employees five or six times a day. Those chats would cover new technologies and what’s next for Apple. Something is loading. Apple co-founder Steve Jobs appears to have also struggled to turn his brain off … Read more
Britannia to take calibrated price hikes to manage profitability, says MD
Leading food company Britannia Industries on Monday said it has judiciously increased prices in the January-March quarter on account of cost inflation and would further take such calibrated price hikes to retain its profitability. The Wadia group firm has “continued to take price increases judiciously and remained aggressive on the cost front,” said Britannia … Read more
Warren Buffett, Charlie Munger on Speculation, Bitcoin, Inflation: 12 Quotes
Warren Buffett and Charlie Munger spoke during Berkshire Hathaway’s annual meeting on Saturday. The billionaire investors flagged widespread “gambling” on stocks, and slammed bitcoin as worthless. Buffett and Munger also discussed inflation, Robinhood, the pandemic, and the risks of speaking up. Something is loading. Warren Buffett and Charlie Munger called out the feverish speculation in … Read more
Airbnb allows employees to live and work from anywhere
Airbnb will allow its employees to live and work almost anywhere around the world, fully embracing a remote work policy to attract staff and ensure flexibility. The San Francisco short-term-stay company said late Thursday that under the new policy, employees can work from the office, home or during their travels to 190 countries. Staff will … Read more
DHFL-Yes Bank case: CBI searches premises of prominent realtors in Mumbai, Pune
The CBI on Saturday began searches at the premises of some prominent builders, including Ashwini Bhonsale, Shahid Balwa and Vinod Goenka, at eight locations in Mumbai and Pune in connection with the DHFL-Yes Bank corruption case, officials said. The CBI suspects that their companies were used to channel alleged illicit money in the Yes Bank-DHFL … Read more
Pawan Hans Disinvestment: Govt Picks Star9 Mobility As Winner For ₹211 Cr Bid
The government has finalised disinvestment for state-owned helicopter service provider Pawan Hans Ltd, according to an official statement on Friday. An empowered cabinet group picked Star9 Mobility Private Ltd as winner for buying 51% stake in Pawan Hans. The asset sale plan will help bridge the budget gap and meet spending targets as the economy … Read more
Reliance gets significant strategic investment into Viacom18
Viacom18 (V18) is amongst the leading players in the Indian television sector with 38 channels in nine languages across various genres including general entertainment, movies, sports, youth, music and kids. Besides, it also has OTT streaming platform Voot. V18 is currently a 51:49 JV between Reliance Industries Limited (RIL) owned TV18 and Paramount Global. RIL … Read more
Adani Group in advanced talks to acquire Holcim businesses in India
Gautam Adani’s conglomerate is in advanced talks to acquire Holcim Ltd.’s businesses in India, according to people familiar with the matter. The billionaire’s Adani Group could sign an agreement to acquire a controlling stake in Ambuja Cements Ltd. from Holcim as soon as in the coming days, the people said, asking not to be identified … Read more