Zuckerberg didn't pay off, 60 percent of his wealth washed away

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Zuckerberg's meta didn't pay off, 60 percent of his wealth washed away

Mark Zuckerberg, who was once in the race to become the richest person in the world, has moved down to the 22nd position among the richest people in the world. Zuckerberg's decline began in early 2022 and Zuckerberg's wealth has halved in the last nine months. In July 2021, Facebook's share price was $350 and the market cap was $950 billion. At that time, Zuckerberg was richer than Bill Gates with a wealth of 142 billion dollars, i.e. about 12 lakh crore rupees, and was at the third number in the list.

After Zuckerberg changed Facebook's name to Meta a year ago, both the company and Zuckerberg began to fall apart. Facebook shares have fallen by more than 60 percent. Zuckerberg owns about 13 percent of Meta.

Kajal also became a businesswoman, selling baby care products

Famous film actress Kajal Aggarwal has also become a businesswoman. Kajal Aggarwal has partnered in an e-commerce company. This company sells baby care products. The company manufactures products for babies up to five-seven years apart from newborns-toddlers. Kajol Aggarwal will help in branding and advertising of these products. Kajal, who appeared as the heroine in Singham with Ajay, is considered a superstar in southern films. Kajal, who married businessman Gautam Kitchlu in 2020, became a mother of a son in April this year. Because of this, the company has made Kajal a partner, believing that Kajal will prove effective for advertising baby care products. Kajal's younger sister Nisha from a Punjabi family settled in Mumbai is also a Telugu actress.

Wipro laid off 300 from 'moonlighting'

Wipro has created a sensation by firing its 300 employees for 'moonlighting'. These employees have been sent home under the allegation that they are working for other companies despite being employed by Wipro. Rishad Premji of Wipro called this behavior a fraud on the company.

'Moonlighting' is not a familiar term in the Indian corporate world. In corporate parlance, 'moonlighting' means working for more than one company at a time. Wipro has allowed many of its employees to work from home. Considering that these employees were doing other work instead of doing the company's work while staying at home, the company warned the employees through e-mail. However, as the employees improved, they were reprimanded.

Tata group's mega merger benefits investors

The Tata group has taken everyone by surprise by announcing a mega merger plan. According to this announcement, 7 companies of Tata group will be merged into Tata Steel. Tata Steel Long Products, Tata Metals, Ten Plate Company, TRF, Indian Steel & Wire Products, Tata Steel Mining and S&T Mining will be merged into Tata Steel. The merger will become effective as soon as stock exchange and NCLT approvals are received.

The swap ratio of shares that the Tata group has announced for the merger. Market experts agree that this ratio will be beneficial for the investors of that company. Due to the merger, Tata Steel will also become a larger company, hence the investors will benefit greatly in the future.

Dr. who predicted the crushing recession of 2008. Prophecy of Doom

World-renowned economist Noriel Roubini has predicted that there may be a recession in the whole world, including the US, at the end of this year. Due to this, the stock markets will crash and if the impact of recession is more, the price of stocks may fall by 40 percent. Roubini's predictions are being taken seriously as only Roubini accurately predicted the devastating recession that engulfed the world in 2008. Roubini predicted in 2006 that in 2008 there will be a global recession and a financial crisis. At that time, everyone was making fun of Roubini, but when this prediction came true, everyone stopped talking. After that, all Dr. Rubini. Doom is also known as Doom.

100 days of SEBI's Madhabi Buch

When Sebi Chairperson Buch completed 100 days in office, people praised him. Buch, an ex-IIM alumnus, had set goals for various SEBI accounts and worked accordingly. Many thought that this first woman chairman of SEBI will be able to take charge of SEBI, which is important for the country? Ms. Buch assigned one person in charge of each account and tasked with implementing SEBI's policies. He succeeded in the very difficult task of taking industry feedback and developing the market ecosystem. He made some policy changes by setting up the Foreign Portfolio Investor (Khainj) and the Real Estate Investment Trust (Einj) as well as the Infrastructure Investment Trust (Inhfainj). Mrs. Buch's performance is being appreciated.

How much does it cost to make an electric car?

Everyone wants to know how much it would cost to build an electric car? It is also a fact that billions of dollars have been spent on its research and development. But now that its technology is in the market, it is also necessary to know its residual value. Electric cars require fewer spare parts than conventional cars. For that one has to buy software and connect parts. The people who did the research in the beginning lose and the people who build it make a profit. China has spent crores on its research but now car makers know the system and don't even ask China.