Jagdeep Singh, the former CEO of Quantumscape, has an annual salary of Rs 17,500 crore ($2.06 billion), which surpasses the revenue of several large corporations in the world

Jagdeep Singh

HDFC Bank's LDR was around 87 per cent pre-merger. Following the merger, its LDR went up to 110 per cent

HDFC Bank

Travel booking major OYO has launched a new check-in policy for partner hotels, starting from Meerut, introducing guidelines effective this year whereby unmarried couples will no longer be welcome to check in.
Under the revised policy, all couples will be asked to present valid proof of relationship at the time of check-in, including for bookings made online. OYO has empowered its partner hotels' discretion to decline couple bookings based on their judgment, aligning with local social sensibility, the company said.
OYO has given the directive to its partner hotels in Meerut to ensure this with immediate effect. Based on ground feedback, the company may expand this to more cities, people familiar with the policy change said.
"OYO has received feedback in the past from civil society groups especially in Meerut urging action to address this issue. Additionally, residents from few other cities have petitioned for disallowing unmarried couples to check-in at OYO hotels," they said.
Pawa

OYO, Oyo rooms, Oyo app, Oyo logo

South Korean cryptocurrency mogul Do Hyeong Kwon pleaded not guilty on Thursday to a freshly unsealed indictment released in time for his first US court appearance.
Kwon entered the plea in Manhattan federal court two days after his extradition from Montenegro.
The indictment alleges that the man dubbed by some as the cryptocurrency king lied to investors from 2018 to 2022 to fool them into pouring money into Terraform Labs, the Singapore crypto firm he cofounded.
Authorities say investors worldwide were harmed by the $40 billion crash of Terraform Labs' cryptocurrency.
The May 2022 collapse came despite the company's claim that TerraUSD was a stablecoin that could be relied upon.
Kwon did not speak during his court appearance, except to acknowledge that he understood English. His lawyer, Andrew Chesley, entered not guilty pleas to two separate versions of the indictment charging him with conspiracy, along with commodities, securities and wire fraud. A money laundering charge was 

Cryptocurrency

Eleven people were injured when a small plane collided into the rooftop of a commercial building in Southern California, police said.
Police got a report at 2.09 pm on Thursday about the crash in the Orange County city of Fullerton, said Kristy Wells, a Fullerton police spokesperson.
Police and fire authorities arrived on scene and battled the blaze and evacuated surrounding businesses, Wells said.
It was not immediately known what type of plane it was or whether those injured were in the aircraft or on the ground, Wells said.
Fullerton is a city of about 1,40,000 people some 40 km southeast of Los Angeles.

plane crash, small plane crash, aircraft crash

Share Market Today, Friday, Jan 3: GIFT Nifty futures were trading 99 points lower at 24,184 level at 7:10 AM amid rising US dollar index.

Domestic markets on Wednesday entered correction territory, with the benchmark Nifty and the broader market indices — Nifty Midcap 100 and Nifty Smallcap 100 — declining more than 10 per cent from their all-time highs.

A lot has changed. Both nations are more than a little concerned about how they will revive slowing growth

India China

AAP supremo Arvind Kejriwal on Sunday described the two projects inaugurated by Prime Minister Narendra Modi as milestones for Delhi's infrastructure and claimed they were joint ventures between the central and the city governments.
Modi on Sunday inaugurated a 13-kilometre stretch of the Delhi-Meerut Regional Rapid Transit System (RRTS) corridor from Sahibabad in Uttar Pradesh's Ghaziabad to New Ashok Nagar here and the Janakpuri West-Krishna Park Extension section of the Delhi Metro's Phase IV.
At a press conference, Kejriwal congratulated the people of Delhi and asserted that the projects were a collaboration between the city and the central governments.
Taking a dig at his critics, Kejriwal said, "These inaugurations are a reply to those who say AAP only engages in fights."
Referring to the challenges faced by his party, he claimed AAP leaders were imprisoned and tortured but maintained their focus on governance. "Over the past 10 years, our tenure has shown how we kept work ab

Arvind Kejriwal, Arvind, Kejriwal

Here's a quick capsule of the best of Business Standard's opinion pages today for your quick reading.

high risk

Jharkhand Finance Minister and Congress leader Radhakrishna Kishore on Sunday said that INDIA bloc will take a call on providing subsidised LPG cylinders to consumers at a rate of Rs 450 in the state.
At present, domestic LPG cylinders are available for Rs 860 in major cities of Jharkhand.
The Congress during assembly elections has promised gas cylinders to all citizens at a subsidised rate on being voted to power. The party is part of the JMM-led alliance in the state.
"The call to provide LPG cylinders at Rs 450 has to be taken by the INDIA bloc. The promise was made by a political party - Congress to which I also belong. But a final call can be taken only by the alliance," Kishore told reporters here.
He also said that the Jharkhand government is actively considering resorting to multiple steps, including legal action, to recover the outstanding amount of Rs 1.36 lakh crore from the central government.
The finance minister highlighted that the outstanding sum has been pending f

cylinder,lpg,women

The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

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Projects inaugurated by PM Modi result of govts collaboration: Kejriwal

Best of BS Opinion: Risks and Outcomes in an Uncertain Future

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Indian-origin CEO is world's highest paid person, earns Rs 48 crore per day

HDFC Bank's LDR falls below 100% for the first time after merger

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