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Macrotech Developers is not in a «rat race» to become the top builder in terms of sale bookings and will rather focus on achieving consistent and predictable growth with high-profit margins, its MD and CEO Abhishek Lodha said. Macrotech Developers, which markets its properties under Lodha brand, registered a 20 per cent growth in its sale bookings (pre-sales) to a record Rs 14,520 crore last fiscal from Rs 12,060 crore in the 2022-23 financial year. It has given guidance of achieving 21 per cent annual growth in sale bookings this fiscal to Rs 17,500 crore. When asked about the reason for setting a conservative sale bookings guidance considering that few players posted more than Rs 20,000 crore pre-sales in FY24 itself, Lodha told PTI, «We are not in any rat race and neither our shareholders are bothered about any such rat race.»

India's G20 Sherpa and former CEO of Niti Aayog Amitabh Kant projected that the country is all set to overtake Japan as 4th largest economy in the world by 2025. The size of India's GDP is currently ranked 5th, after the US, China, Germany, and Japan. It overtook the UK in 2022. Just a decade ago, Indian GDP was the eleventh largest in the world. Currently, India's GDP is estimated to be around USD 3.7 trillion.

Akshaya Tritiya or Akha Teej is considered as an auspicious day for buying valuable assets, be it gold and diamond jewellery, vehicles or real estate. It is believed that purchasing these assets on Akshaya Tritiya ushers in good luck, success and prosperity in various facets of life. Among all these assets, buying gold stands out as a timeless tradition because people can buy this precious metal even with small amount. In this digital era, gold buying pattern too has undergone a massive change. Now there are a range of options available for people to invest in gold such as digital gold, gold ETFs, gold bonds, apart from physical gold.

Fintech platform Zeta has announced the launch of its ‘Digital Credit’ as a service offering.

Also Read: Google layoffs: It is about taking the time to do it correctly and well, says CEO Sundar Pichai On the other hand, Google Nest easily answered questions related to Nakba. The AI described Nakba as an “ethnic cleansing of Palestinians." "Google Nest can't answer questions about the Holocaust and Jews. "Coincidental error" or deliberate on the part of their software engineers," wrote a social media user on X while sharing the viral video.

A victim who fell prey to a sophisticated ‘address poisoning’ attack has successfully recovered almost all of the stolen funds, amounting to a staggering $71 million. 

Investing in PPF is an excellent option for single mothers. “The lock-in period of 15 years helps them achieve their long-term financial goals, such as raising funds for children's higher education and purchasing the dream house," said Archit Gupta, Founder and CEO, of ClearTax Investing in mutual funds is an excellent option for single mothers and everyone else. There are different types of mutual funds, so investors should pick the one that fits their financial goals, risk tolerance, and investment timeline.

Solana (SOL/USD) is trading at $145.88, experiencing a minor decline of 1.50% in the last 24 hours. Amidst this fluctuation, CEO Anatoly Yakovenko shared a bullish outlook for Solana‘s role in the Web3 space at the Solana Crossroads 2024 conference.

Ola CEO criticised LinkedIn for deleting his post twice, where he confronted LinkedIn's AI for what he perceives as "imposing a political ideology" on Indian users. Bhavish Aggarwal questioned that neutrality of LinkedIn AI and accused the platform of pushing a political agenda. In a long post on X on Saturday, Bhavish Aggarwal announced that Ola will move their entire workload from Microsoft-backed Azure to their own AI space Krutrim cloud within next week.

Happy Mother's Day! Livemint spoke to some industry experts regarding prioritising financial freedom for mothers. The combined advice emphasises the importance of mindful self-investment, budget optimization, and long-term financial planning for mothers. It encourages them to manage their finances wisely, allocate resources efficiently, and plan for the future by saving for emergencies and retirement.

Bitcoin was at $73,000, now it is around $62,000 a 15% drop in price. This kind of sharp fall can be unsettling for a few, giving detractors a handle to question the stability and long-term viability of Bitcoin as a store of value. Bitcoin's volatility is not a reflection of any inherent instability in Bitcoin itself. Quite the contrary, Bitcoin is arguably the most stable and predictable asset in existence. Bitcoin is a revolutionary asset that defies traditional financial structures. Unlike companies, Bitcoin has no CEO, management team, earnings to hit, or competitors vying for its market share. It is a physical, bearer asset that can be held without counterparty risk, similar to gold, and it has no dilution risk. Bitcoin is the only asset with a predetermined supply distribution schedule and an immutable fixed total supply, making it truly unique in the financial domain.

Tesla's electric-vehicle charging team is scrambling plans for rolling out new fast-charging stations and may delay President Joe Biden's efforts to electrify U.S. highways. Last year, the Biden administration announced rules for an ambitious plan to expand the country's charging infrastructure and jump-start EV adoption. Under the National Electric Vehicle Infrastructure (NEVI) program, the government is doling out $5 billion to states over five years to build 500,000 EV chargers.

iPad Pro through a creative advertisement, which depicted the destruction of various artistic objects to herald the arrival of the ultra-thin iPad. In the advertisement video, a giant industrial press can be seen crushing a range of creative instruments, including pianos, old-model TVs, guitars, toys, and whatnot. Viewers can see Apple's ultra-thin iPad, which was created after the destruction of all the instruments.

The nation’s largest public utility pledged to be more transparent after it took months to disclose that a general budget vote by its board last year also gave the CEO the final decision over several proposed natural gas power plants

The Academy of Motion Picture Arts and Sciences announced a $500 million fundraising campaign Friday to ensure long-term, global support for its Oscar prizes, museum, educational programming and screenings in view of its 100th anniversary in 2028

German police say they have prevented hundreds of demonstrators from storming Tesla’s factory near Berlin during protests against the pioneering electric car maker over its environmental footprint

Just as it has targeted senior executives from JPMorgan Chase & Co. to lead its revamped wealth management business, Wells Fargo & Co. is turning to JPMorgan to fill out the top spots in its investment banking group, which is smaller than competitors.

Heritage (INTACH) has honoured The Oberoi Grand, Kolkata, with a distinguished blue cultural plaque, commemorating its esteemed heritage and historical significance as the "Grande Dame of Chowringhee.” Expressing gratitude for this prestigious recognition, Vikram Oberoi, CEO of The Oberoi Group, remarked, “We are deeply honoured to receive the blue plaque for The Oberoi Grand, Kolkata. Standing witness to Kolkata's storied history, The Oberoi Grand embodies a legacy of resilience and unwavering hospitality. As we continue to uphold the traditions established by our Founder Chairman, Rai Bahadur Mohan Singh Oberoi, and Chairman Emeritus, Mr. P.R.S Oberoi, we remain committed to offering our guests an unforgettable experience steeped in personalised service, understated luxury, coming together seamlessly with the hotels rich history.” Fondly known as the «Grande Dame of Chowringhee,» The Oberoi Grand unveils a captivating saga steeped in history, tracing its roots back to the 1800s when it adorned the landscape as the residence of a British Colonel.

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In an earlier era, Toronto-Dominion Bank’s 67-year-old chief executive, Bharat Masrani, would already have stepped aside.

Wipro Ltd’s head of Asia Pacific, the Middle-East, and Africa (APMEA), has resigned, marking the first senior departure since the company appointed Srinivas Pallia as the chief executive officer last month. Anis Chenchah, who was appointed as CEO of Wipro’s APMEA region by former Wipro CEO Thierry Delaporte in April 2022, announced his departure on Thursday, according to a company filing with the stock exchanges. The APMEA region had contributed 11.5% to Wipro’s $10.8 billion revenue in FY24.