Rishad Premji's pay doubles; still no match to that of Wipro CEO
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Business Standard
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- Business Standard
Tata group invested Rs 1 trn in 5 years, 'ready for future': Chandrasekaran
Group firms undertook capex and investments of over Rs 4.5 trn, says chairman of conglomerate premium Listen to This Article The Tata group has in five years invested Rs 1 trillion in its companies and it is 'fit and ready for the future', Tata Sons Chairman N Chandrasekaran has said, listing semiconductors and digital services among core areas for growth. A multi-year strategy for financial and strategic discipline has put the group in a position of strength as it eyes growth in technology, manufacturing and consumer businesses, he said in the conglomerate's annual report for FY25. Tata Sons is the unlisted holding company of the salt-to-software group. The group's aggregate revenue has increased 1.9 times in five years; net profit
India.com
7 minutes ago
- India.com
This man rejected Rs 104000000000 salary, plus bonus due to.., the offer was given by Mark Zuckerberg for...
This man rejected Rs 104000000000 salary, plus bonus due to..., the offer was given by Mark Zuckerberg for... Daniel Francis is currently making headlines all over for rejecting a whopping job offer of Rs 10,400 crore. Billionaire Mark Zuckerberg's company Meta offered Francis a salary package of Rs 10,400 crore for four years with an additional bonus, but he turned it down. He took to social media platforms and shared the information about turning down the job offer. Daniel Francis is not an ordinary tech expert; he is an Artificial Intelligence expert and founder of Abel Company. As the news of Daniel's rejection goes viral on social media platforms, people are raising questions why Meta was offering such a huge amount to him. Let's know more about it. What Daniel Francis Wrote On Social Media? After rejecting the Meta offer, Daniel took to his social media platforms and wrote, 'Friends! I was offered a salary of 10,400 crores for four years. I have also seen this new height for the first time. What is going on?' Then in another tweet he wrote, 'I want to tell you that I have turned down that job offer.' The post immediately went viral on the internet, with netizens asking him the reason for his rejection. Daniel Has Unique AI Technology As per reports, Meta wanted to acquire the AI algorithm created by Francis and his expertise in it. Facebook's parent company didn't want the AI algorithm to fall into its rival company's hands. Notably, Danial's algorithm is capable of generating a police report from body cam footage and sends all data. He first made headlines two years back in 2023 when he expressed his displeasure in front of the world's richest man and tech genius Elon Musk. Why Meta Is Recruiting Top Technical Staff With Ai Background? Last month, OpenAI CEO Sam Altman stated that Meta has planned to spend USD 100 million to hire top AI experts. But despite a huge offer, they have not been able to join Zuckerberg's company. Meta's big plan is to buy all the smart minds and innovations in the technical field and create a 'superintelligence lab'. And to fulfil its plan, the company is offering hefty packages to AI experts.
Deccan Herald
7 minutes ago
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Gold falls Rs 500 to Rs 99,120/10 g; silver trades flat
According to the All India Sarafa Association, the precious metal of 99.9 per cent purity had finished at Rs 99,620 per 10 grams on Thursday.
