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Taking to the popular subreddit Indian Workplace, the user named CombinationOdd3809 claimed that his friend worked at an agency where the CEO disliked being called by her name and instructed all employees to refer to her by “ma’am.” When his friend accidentally referred to her by the name, she made him write the lines, “I will not call you by your name,” a 100 times.

Kanakia Group’s listed movie exhibition company Cineline India has sold its hotel property Hyatt Centric in Goa to Sparsh Vidhyut at an enterprise value of Rs 270 crore. The hotel asset was owned by Cineline India’s wholly owned subsidiary R&H Spaces. The monetization has helped Cineline India to reduce its debt by Rs 120 crore pertaining to the hotel asset at subsidiary level, the company said in a release. Cineline India is planning to utilize the sale proceeds to fully repay its outstanding debt of Rz 108 crores related to the film exhibition business, achieving a debt-free status. The remaining surplus will be allocated towards expansion of the film exhibition business, the company said.

Tech companies are now packing GPUs — which are ideal for running the calculations that power AI — as tightly as possible into specialized computers. The result is a new kind of supercomputer — a collection of up to 100,000 chips wired together in buildings known as data centres to hammer away at making powerful AI systems.

«Most car makers can't eat 25%, they just can't,» said Andy Palmer, former CEO of Aston Martin. «That means car makers will pass on as much of the cost of tariffs as they can,» including by removing features to lower their costs while also raising prices. Automakers may spread that cost between U.S.-produced and imported models, cut back on features, and in some cases, stop selling affordable models aimed at first-time car buyers, as many of those are imported and less attractive if they carry a higher price tag. The changes could price more Americans out of the market. S&P Global Mobility estimated Thursday that tariffs will cause annual U.S. vehicle sales to fall to a range of 14.5 million to 15 million in coming years from 16 million in 2024. Cox Automotive estimates tariffs will add $3,000 to the cost of a U.S.-made vehicle and $6,000 to vehicles made in Canada or Mexico without exemptions. While luxury sellers like Bentley or Ferrari say they will pass on costs, major automakers' typical margins of 6% to 8% leave little wiggle room. Affordable models most likely to be affected include the Honda CR-V, Chevy Trax, Subaru Forester, Chevy Equinox and Honda HR-V, said Erin Keating, executive analyst at Cox. «Car makers know they have certain vehicles in their portfolio that can tolerate lower profit margins,» Keating said. «Some vehicles may just prove to be too expensive, and most of those are affordable models manufactured outside the U.S.»

Eli Lilly, the world's most-valued drugmaker that seeks to shake up India's lifestyle disease management through its recent introduction of weight-loss injectable Mounjaro, is working on a potential breakthrough that offers hope to millions battling chronic heart ailments in South Asia. The US drug major's CEO, David Ricks, told ET the drug in research can potentially cut a specific type of cholesterol that is highly prevalent in Indians and South Asians by as much as 85% to 90%. Eli Lilly, with a market cap of roughly $750 billion, is working on a multitude of treatment modalities with an annual R&D budget that has swelled to $14 billion.

Warren Buffett’s conglomerate, drawn by its $320 billion cash reserves and reputation as a safe haven during market turbulence. Analysts attribute the rally to renewed confidence in Buffett’s ability to capitalize on economic downturns and his track record of turning crises into opportunities. Buffett’s net worth climbed $23 billion this year, propelling him to sixth place on the Bloomberg Billionaires Index with a $165 billion fortune. Shareholders also praised Geico’s rebound under CEO Todd Combs, who streamlined operations to boost profits. With Berkshire’s diversified holdings—from Apple to BNSF Railway—investors see the company as a resilient anchor in uncertain times.

Elliott took out the 0.5% short on Tuesday (25 March), according to Financial Conduct Authority disclosures, the same day Shell had its 2025 capital markets day where CEO Sinead Gorman outlined his firm's future strategy for the next five years. The US hedge fund, which is well know for its activism in UK listed companies over the years, is currently the only firm that has amassed a short position in Shell large enough to be disclosed by the FCA. BP's share price rallies 6% after US activist hedge fund Elliott builds stake Elliott built up a stake in Shell's competitor, BP, of an u...

Elon Musk has revealed the date he plans to 'ditch US President Donald Trump' and leave Washington DC after his DOGE purge of Federal departments. The Tesla CEO sat down with key members of his DOGE team to discuss the work his team has carried out for the first few months of Trump's administration. Elon Musk plans to step down from his cost-cutting role in the Trump administration at the end of May after reducing the US deficit by $1 trillion, the tech billionaire said on Thursday, according to The Fox News. Musk, 54, expressed confidence in getting close to that goal, which would halve the annual federal deficit, in just 130 days — saying his team was averaging “$4 billion a day, every day, seven days a week.” ALSO READ: Myanmar earthquake: Emergency declared in Bangkok; Thailand's stock exchange suspends trading

Subscribe to enjoy similar stories. Quantinuum said it had achieved a milestone for the quantum computing sector after its system completed a number-generation task outside the reach of traditional computers, just weeks after D-Wave Quantum made similar claims of quantum supremacy.

Subscribe to enjoy similar stories. Hero MotoCorp Ltd, the world’s largest two-wheeler manufacturer, is navigating rough terrain. A shrinking market share, a string of high-profile management exits, and struggles in the premium and electric vehicle (EV) segments have put India’s motorcycle giant on the defensive.

in-principle approval from the Securities and Exchange Board of India (SEBI) for its mutual fund business. The company is a leading player in the investment and wealth management space, This development marks a significant milestone in ASK’s strategic expansion, reinforcing its commitment to delivering high-quality investment solutions. The mutual fund offering will complement ASK’s existing suite of investment solutions, which cover listed equity portfolio management, alternates and wealth management, providing a broader range of opportunities for investors across segments, according to a release. Also Read | Best medium to long duration mutual funds to invest in March 2025

BEIJING — Chinese President Xi Jinping on Friday met with global executives and made a case for investing in the country, as Beijing focuses on reaching out to businesses amid escalating trade tensions with the U.S.

Kavya Maran, the CEO and co-owner of Sunrisers Hyderabad (SRH), has become one of the most recognizable faces in the Indian Premier League (IPL). Born on August 6, 1992, in Chennai, Kavya Maran belongs to the influential Maran family, known for its massive business empire. Her father, Kalanithi Maran, is the chairman and managing director of Sun Group, one of India's largest media conglomerates, with a reported net worth of $2.3 billion, according to Forbes. Her mother, Kavery Maran, serves as the CEO of Sun TV Network and is regarded as one of India's highest-paid female executives. Apart from business, the family also has a strong political presence, with her uncle Dayanidhi Maran being an active leader in the Dravida Munnetra Kazhagam (DMK) party.

Wang Chuanfu, the founder and CEO of BYD, has made one of the world's largest electric vehicle manufacturing businesses, starting his journey when he was poor.

Subscribe to enjoy similar stories. Bengaluru-based life sciences commercialisation firm Indegene sees significant headroom for growth in the US, its largest market, despite uncertainties around the new Trump regime’s stance on regulatory and pricing issues. Top global pharma companies are doubling down on the use of technology and AI to make processes more agile, which plays to Indegene’s strengths, CEO and co-founder Manish Gupta told Mint in an interview.

AJ Bell Platinum, its SIPP and SSAS business, has 3,600 customers with £3.2bn of assets under administration. Clients and assets are due to transfer in the second half of the year. The deal sees £18.5m transferred on completion, made up of £17.5m in cash and £1m in new InvestAcc shares, and £6.5m of deferred consideration in cash, subject to certain conditions. AJ Bell Investments AUM rises 38% as platform business hits £89.5bn AUA AJ Bell CEO Michael Summersgill said: «Our strategy is to provide easy-to-use, low-cost platform propositions using a single, scalable operating model t...

Reserve Bank of India (RBI) is expected to announce another rate cut in April, and its impact on bank fixed deposit (FD) rates remains a key question. Ashok Vaswani, Managing Director and CEO of Kotak Mahindra Bank, in a interview to ToI said he believes that while the previous 25-basis-point cut has not yet led to lower deposit rates, a total reduction of 50-75 basis points could start influencing term deposit pricing. He expects significant movement in the banking sector over the next 6-12 months. Deposits remain a critical focus for banks, with last year witnessing a competitive battle for attracting funds. Vaswani acknowledges that securing deposits is not just about volume but also pricing. To sustain growth, Kotak Mahindra Bank is leaning on product innovation, customer-centric offerings, and its digital platform, 811. However, liquidity constraints persist, making it too soon to determine whether conditions will improve. The bank continues to monitor macroeconomic trends closely. Also Read: Billionaire Uday Kotak’s private bank adds thousands of clients

«Your first needs are food and shelter. And then, we're a little bit down the list of expenditures,» said David Neeleman, CEO of low-cost carrier Breeze Airways, in an interview. «If you don't have a job, you're not going to go buy an airline ticket.» With demand slowing, airlines have started culling flights to avoid lowering fares and to protect margins. Frontier, Delta, United, American Airlines, JetBlue and Allegiant all trimmed their April-June quarter capacity in the past two weeks. United CEO Scott Kirby has warned of a large drop in industry-wide capacity by the second half of August if demand does not rebound. To be sure, bookings for premium and long-haul travel are holding up. United reported an 8% year-on-year jump in spring international bookings. Some of the demand slowdown is also due to recent safety incidents. Amanda Demanda Law Group data shows airplane safety concerns reached an all-time high in February, with Google searches for «Are planes safe now?» up 900%. Airlines expect the hit from safety incidents to fade soon. But they are less sure about economic pressures.

JioHotstar has surpassed 100 million paid subscribers across B2C and B2B formats. Commenting on the milestone, Kiran Mani, CEO – Digital, JioHotstar, said, “We have always believed that world-class entertainment should be accessible to all, and crossing 100 million subscribers is a testament to that vision. This milestone not only underscores India’s limitless potential but also strengthens our commitment to pioneering category-first experiences at an unprecedented scale. As we continue to innovate and expand, our focus remains on shaping the future of streaming, driving accessibility, and unlocking infinite possibilities for a billion screens.” The foundation of this rapid growth lies in JioHotstar’s vast and diverse entertainment offerings. With an unparalleled selection of TV shows, the most extensive collection of Hollywood content on a single platform, a wide array of digital specials across languages, a year-round lineup of unscripted and reality shows, and the recently launched Sparks—spotlighting India’s most popular creators—JioHotstar has built the most expansive content universe in India’s digital landscape.

Hitachi Cash Management Services, a subsidiary of Hitachi Payment Services has announced a leadership transition with Yusuf Pachmariwala set to take over as Managing Director & Chief Executive Officer, effective April 1, 2025. Pachmariwala will succeed Anup Neogi, who has decided to retire from the role of Managing Director & Chief Executive Officer of Hitachi Cash Management Services. Yusuf Pachmariwala currently holds the position of Director Operations — Cash Business at Hitachi Payment Services and has played a crucial role in scaling cash business operations at Hitachi Payment Services.

Brands are returning to X at a time when Musk's influence has grown in the Trump administration, with the Tesla CEO's key role in the US Department of Government Efficiency. In 2025, X's US ad revenue is expected to grow 17.5% to $1.31 billion, while global ad sales are estimated to rise 16.5% to $2.26 billion, according to Emarketer.