H-1B visa: There is a chance of increase in denial rates if Trump’s administration implements stricter policies. (AI image) H-1B visa approvals: Indian-based IT firms experienced a significant decline in H-1B visa approvals, with seven major companies receiving 7,299 petitions for new employment in fiscal year 2024, compared to 14,792 in FY2015, as revealed by […]
Elon Musk (AP file photo) Elon Musk, whose wealth has been turbocharged since President-elect Donald Trump’s win last month, became the first person to reach $400 billion in net worth, the latest milestone for the world’s richest individual.The most recent catalyst was an insider share sale of his privately held SpaceX, which boosted Musk’s net […]
Tesla seeks 3,000 to 5,000 square feet for a customer experience centre in Delhi. (AI image for representative purpose) Elon Musk-led Tesla has recommenced its search for showroom locations in New Delhi, according to two sources who spoke to Reuters, indicating a potential reconsideration of its Indian market entry after previously suspending investment plans this […]
Germany will shoulder the primary burden of workforce reductions with 689 positions. Airbus job cuts: Airbus has announced approximately 2,000 job cuts in its Defence and Space division, representing 5% of its second-largest unit. The company faces challenges from American competition in satellites, though the job cuts were less extensive than initially indicated by the […]
Elon Musk’s record-setting Tesla pay package was again rejected by a Delaware judge even after shareholders supported reinstating it.Despite the June 13 shareholder vote at the company’s annual meeting, Delaware Chancery court judge Kathaleen McCormick decided to stick with her original finding in Jan that the company’s board was too much under the influence of […]
Elon Musk’s former abode in Los Angeles is deemed a “piece of Hollywood history,” considering its glittery ownership history tied to the late legendary Willy Wonka actor Gene Wilder. Built in 1951 by LA architect Robert Byrd, the estate overlooking the Bel-Air Country Club has suffered a price chop. Although the white-shingle house first hit […]
NEW DELHI: Telecom minister Jyotiraditya Scindia on Tuesday said Elon Musk-owned Starlink is yet to comply with security norms, and a licence for satellite communication services will be issued only after they meet all the requirements for services in India.The satellite communication services major is in the process of completing all the requirements and will […]
The Berlin Film Festival (Berlinale) has revealed that it will be severing ties with the social media platform X (formerly known as Twitter), marking the end of a 15-year relationship with the service. (Also Read | Rooney Mara debuts baby bump at Berlin Film Festival, expecting second child with Joaquin Phoenix) Berlin Film Festival accumulated […]
