Today's Business Blitz- "Decoding Gold Jewellery Pricing, Air India Express Layoffs, Apple's Succession Plans, Atlan's Funding Boost, and Nirmala Sitharaman vs. Rahul Gandhi Debate!"
9th May, 2024
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1. “Understanding Gold Jewellery Pricing: Key Factors to Know Before Buying on Akshaya Tritiya”
Gold price is a combination of the spot price and a premium known as making charges.
Making charges vary among jewellers and are higher for intricate or exclusive designs.
Check the purity (confirmed by the Karat value) and weight of the gold.
Ask for clarity on the making charges and any additional costs, such as wastage or stone charges.
Consider comparing prices with multiple jewellers to secure the most competitive deal.
2. “Air India Express Terminates 25 Staff Following Mass Sick Leave Event”
Air India Express fires 25 cabin crew for "sick leave" following mass cancellations.
Tata Group, the parent company, took action after the sudden disruption.
Over 90 flights were canceled at Delhi Airport, leading to chaos at the hub.
The flights were canceled to Goa, Guwahati, and Srinagar at the last minute.
#Tata #Tata #company
3. “The Succession Race: Top Apple Executives Poised to Follow in Tim Cook's Footsteps”
Tim Cook, Apple CEO, is aging.
He is 64 and has been with Apple for 25 years.
Apple executives who could potentially succeed him include: Greg Joswiak, Jeff Williams, Craig Federighi, and Luca Maestri.
All are around the same age, though, as Joswiak is 60, Williams is 60, Federighi is 59, and Maestri is 58.
#Apple
4. “AI Powerhouse Atlan Secures $105M Funding, Skyrockets to $750M Valuation”
Atlan, an AI startup founded by Indians, secures $105 million investment.
Valuation rises to $750 million, reflecting its value in the AI sector.
Atlan's AI expertise supports data management and revenue growth for clients like Unilever and Cisco.
The investment underscores the increasing demand for AI-readiness in data management.
#startup #AI
5. “Nirmala Sitharaman Clashes with Rahul Gandhi: Debunking the PSU Performance Debate with a 10-Point Counter”
Finance Minister Nirmala Sitharaman countered Rahul Gandhi's allegations of PSU mismanagement.
She highlighted a 225% rise in PSU market cap under the Modi government.
Sitharaman cited ten key indicators, including increased profits, reduced debt, and higher dividends.
Her response refutes claims that PSUs are being dismantled and are in turmoil.
#Rahul Gandhi #Gandhi #oil #Modi #Rahul
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