Latest news with #USD600
India.com
12-07-2025
- Business
- India.com
Rs 86000000 in salary: Google, Meta, and OpenAI ready to offer huge money for people with talent in...
Rs 86000000 in salary: Google, Meta, and OpenAI ready to offer huge money for people with talent in… Top Tier Talent Salary: In order to hire special talents, major companies around the world are making changes in their salary structure. Tech giant Google has also made major changes in the way the company pays salaries. It has made changes in the salary to attract good and talented employees. These moves are necessary to stay ahead in the ongoing competition in the field of Artificial Intelligence. Not only Google and Meta but also OpenAI are also offering huge salary packages to talented employees. As per a report by Business Insider, citing US Department of Labour documents, software engineers at Google can get a basic salary of USD34,0000 (approx Rs 3 crore). Apart from the basic salary, the company will also give its shares and bonuses, further increasing the total income. Notably, positions such as Product managers, AI researchers and people working in other technical positions are getting impressive salary packages. Meta Is Offering Huge Salary Google is currently facing a very tough competition from other tech giants such as Meta and OpenAI. These companies are also luring good talents in AI by offering them huge salaries. Meta has also invested huge amount in AI and now hiring AI researchers and engineers to power its Generative AI and Reality Labs division. Meta's significant investment in advanced AI in 2023 is reflected in high salaries for its senior AI researchers, ranging from USD600,000 to USD1 million per anum. The salary also includes bonuses and stock options. OpenAI, backed by Microsoft, also offers competitive packages for senior research engineers. These packages range from USD200,000 to USD370,000 in base salary, reaching USD800,000 to USD1 million with equity and profit-sharing incentives. Why Is There A Salary Increase? The tech giants are increasing the salary packages because they want to keep employees who are capable of enhancing large language models, improving generative AI tools, and developing new technologies. According to experts, these high salary packages are not just for new hires but are also to retain good employees in the company.
News18
06-07-2025
- Business
- News18
Apache Helicopters Likely To Arrive From US This Month After Multiple Missed Deadlines
Last Updated: The Apache helicopters are likely to be delivered to India by the US after multiple missed deadlines. The first batch is likely to arrive this month. After multiple missed deadlines, the first batch of three out of the six Apache helicopters is likely to be delivered to the Indian Army this month, sources said on Sunday. Officials have expressed hope that the remaining three units of the Boeing AH‑64E Apache helicopters will arrive in India in the next few months, before the end of 2025. The chopper, as per plans, will be deployed at the India-Pakistan border on the western front of the country. A squadron has already been raised earlier. The delivery of the choppers has missed two deadlines. India had signed a USD600 million deal with the US in 2020 for six Apache helicopters for the Indian Army. The first batch of choppers was expected to be delivered by June 2024; however, the timeline was pushed to December that year due to supply chain issues. However, the Indian officials expect the delivery of three helicopters to be completed this month, with the remaining pack delivered by November. The Indian Air Force already operates the Apache helicopters, a deal for which was signed in 2015, and all 22 AH-64E Apache helicopters have been delivered by 2020 and are operational in the forces.
The Sun
27-05-2025
- Business
- The Sun
Malaysia's NTW offers 65,000 free courses to 5 mln ASEAN citizens
KUALA LUMPUR: Malaysia has reaffirmed its strong commitment to developing a world-class skills training sector by expanding its annual National Training Week (NTW) beyond national borders for the first time, aiming to benefit at least 5 million citizens across ASEAN, with an estimated value of almost USD600 million (RM2.5 billion). Human Resources Minister Steven Sim Chee Keong said the June 14-21 NTW will offer 65,000 free skills development courses covering areas such as artificial intelligence (AI), digitalisation, green tech and leadership. He said the training will feature participation from top global training entities such as Microsoft, Udemy, Awantech and Alibaba Cloud, including Malaysian training providers. 'For the first time, we will be expanding these high-quality training opportunities beyond our borders to our friends all over ASEAN. Throughout the one week, we aim to provide exposure to these high-quality skills training courses to at least 5 million people, citizens of ASEAN. 'This is Malaysia's investment in ASEAN. It is an investment for human capital development. Again, our ambition is to make ASEAN the most skilled region in the world through deeper and more meaningful partnership with our fellow member states,' he said in his opening address at the ASEAN Human Capital Development Investment Symposium (AHCDIS) here today. Also present was Human Resource Development Corporation (HRD Corp) chairman Datuk Abu Huraira Abu Yazid. Sim added that the two-day symposium, which began at the Malaysia International Trade and Exhibition Centre (MITEC) today, is the first of four major events under the ASEAN Year of Skills (AYOS) 2025 banner. It will be followed by the ASEAN Training Market Conference in July, the ASEAN TVET Conference in August, the Global Skills Forum and also an ASEAN Labour Ministerial Meet Forum in October. 'I hope participants will use this platforms to strengthen our human capital development sector network across the region, growing together, developing together to make ASEAN the most skilled region in the world, attracting talents, investments, innovations as well as growth and prosperity into our neighbourhood,' he said. Introduced in May 2023, NTW is a full week of nationwide training events and activities that bring together organisations and individuals from various backgrounds and industries to experience a multitude of learning and development opportunities.
Barnama
27-05-2025
- Business
- Barnama
Malaysia's NTW Offers 65,000 Free Courses To 5 Mln ASEAN Citizens
GENERAL KUALA LUMPUR, May 27 (Bernama) -- Malaysia has reaffirmed its strong commitment to developing a world-class skills training sector by expanding its annual National Training Week (NTW) beyond national borders for the first time, aiming to benefit at least 5 million citizens across ASEAN, with an estimated value of almost USD600 million (RM2.5 billion). Human Resources Minister Steven Sim Chee Keong said the June 14-21 NTW will offer 65,000 free skills development courses covering areas such as artificial intelligence (AI), digitalisation, green tech and leadership. He said the training will feature participation from top global training entities such as Microsoft, Udemy, Awantech and Alibaba Cloud, including Malaysian training providers. 'For the first time, we will be expanding these high-quality training opportunities beyond our borders to our friends all over ASEAN. Throughout the one week, we aim to provide exposure to these high-quality skills training courses to at least 5 million people, citizens of ASEAN. 'This is Malaysia's investment in ASEAN. It is an investment for human capital development. Again, our ambition is to make ASEAN the most skilled region in the world through deeper and more meaningful partnership with our fellow member states,' he said in his opening address at the ASEAN Human Capital Development Investment Symposium (AHCDIS) here today. Also present was Human Resource Development Corporation (HRD Corp) chairman Datuk Abu Huraira Abu Yazid. Sim added that the two-day symposium, which began at the Malaysia International Trade and Exhibition Centre (MITEC) today, is the first of four major events under the ASEAN Year of Skills (AYOS) 2025 banner. It will be followed by the ASEAN Training Market Conference in July, the ASEAN TVET Conference in August, the Global Skills Forum and also an ASEAN Labour Ministerial Meet Forum in October. 'I hope participants will use this platforms to strengthen our human capital development sector network across the region, growing together, developing together to make ASEAN the most skilled region in the world, attracting talents, investments, innovations as well as growth and prosperity into our neighbourhood,' he said.
Daily Tribune
06-02-2025
- Business
- Daily Tribune
Al Baraka Islamic Bank celebrates Winners of Al Barakat grand prize for December 2024
Al Baraka Islamic Bank (AIB), a leading Islamic financial institution in the Kingdom of Bahrain, has announced the winners of the Al Barakat Grand Prize for December 2024, totalling USD600,000. Two prizes of USD300,000 each were awarded to both Sabah Khamis Isa and Adel Mohammed Jameel during an eventful ceremony held at the bank's headquarters in Bahrain Bay. Dr. Adel Salem, the Bank's CEO and management members greeting the winners. The bank also revealed the date for the first draw of the Al Barakat Grand Prizes in 2025, amounting to USD500,000, which will take place on March 3, with two winners each receiving USD250,000. Al Barakat account serves to enhance the spirit of appreciation and respect between the bank and its customers, as it highlights the bank's commitment to providing tangible added value to customers and its dedication to introducing rewarding incentive schemes that encourage clients to continue investing and saving experience aimed at fulfilling their financial hopes and ambitions, thereby enhancing customer loyalty and trust in the bank. At the same time, Al Baraka Islamic Bank is preparing to announce more details on the Al Barakat account scheme for 2025, including larger prizes that reflect the diverse aspirations and needs of customers. The bank is keen to offer innovative investment platforms along with additional prizes that align with customers' expectations, ensuring it remains at the forefront of leading Islamic banks in the Kingdom of Bahrain. On this occasion, Mazin Dhaif, Chief Retail Officer at Al Baraka Islamic Bank, stated: 'We are pleased to announce the winners of the Al Barakat Grand Prize for the month of December. We take pride in offering attractive prizes that reflect our deep commitment to our customers. The Al Barakat account embodies our vision of enhancing our customers' banking experience and meeting their needs and aspirations.' It is worth noting that the minimum deposit of BD50 in the Sharia-compliant Al Barakat account provides customers with the chance to win rewarding cash prizes.
