Business

According to a blog post on Guinness World Records, he lost about $165 billion between November 2021 and December 2022. Guinness noted that although the figures were based on data from publisher Forbes, other sources suggested that Mr. Musk’s losses might have been higher. It comes after Mr. Musk’s electric …

The World Bank warned on Tuesday that weaker growth in all three of the world’s largest economies—the United States, Europe, and China—will bring the global economy “perilously close” to a recession this year. The World Bank, which provides loans to less developed nations for development projects, stated in an annual …

Donald Trump, the former president of the United States, has been reinstated on Twitter. Elon Musk, the new CEO of the social media platform, provided an update following a poll. Musk wrote in a tweet, “The people have spoken. “Trump will be re-elected.” He also used the Latin phrase “Vox …

A businessman’s properties in Kolkata were the target of a search operation by the Enforcement Directorate (ED), which resulted in the recovery of at least 17 crores. The ED has brought in cash-counting equipment to count the amount collected during the anti-money laundering agency’s raids at six locations in Kolkata, …

Autopsies revealed that former Tata Group chairman Cyrus Mistry and his friend Jehangir Pandole died due to “severe head trauma and multiple external and internal injuries to vital organs.” After their bodies were brought from Kasa sub-district hospital in Palghar around midnight on Monday, Cyrus Mistry and his friend Jehangir …

Rakesh Jhunjhunwala, a billionaire business entrepreneur, stock trader, and investor, died on Sunday morning at 62. According to sources, he was pronounced dead at 6.45 a.m. at the Breach Candy Hospital in Mumbai. Jhunjhunwala was released from the hospital about two to three weeks ago. Rakesh Jhunjhunwala just entered the …

Indian business tycoon Gautam Adani has left behind Bill Gates, co-founder of Microsoft, to become the fourth wealthiest person in the world, according to Forbes’ Real-Time Billionaires List. The 60-year-old business tycoon’s net worth reached $115.5 billion on Thursday, surpassing Mr. Gates, whose fortunes are at $104.6 billion. Mukesh Ambani, …

Paytm’s shares fell as much as 26% in a shaky stock market debut on Thursday, just one week after the country’s largest-ever IPO. On the NSE, the stock opened for trading at 1,950 rupees, down 9.3% or 200 rupees from its issue price of 2,150 rupees. Paytm’s stock continued to …

Yogi Patel of Global Photography has over 34 years of professional photography experience. He holds a BA in photography, along with two Master of Photography degrees, Photographic Craftsman, PPC Fellowship, PPC Business and Arts degree and Certified Professional Photographer’s degree. Yogi has been honored as a Gold Medalist by the …

NEW Delhi: Cummins plans to make fresh investment in India to manufacture automotive battery packs said to top executive as the world leader in conventional engines for commercial vehicle gears up for emerging opportunities in electric mobility. Cummins, a US company that designs and manufactures engines, will manufacture battery packs …