Bezos' advice: Save money by cutting costs
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Bezos' advice: Save money by cutting costs
Amazon founder Jeff Bezos has given valuable advice to people to reduce expenses and save more money. Bezos says, save as much cash as you can because bad times are coming. Don't spend on unnecessary things during the holiday season when the Christmas season has started in countries including America. Bezos said that the American people should make a big purchase in the coming days, including a new fridge or even a brand new car. This money will come in handy during the tough times of recession.
Bezos said, Amazon's earnings will decrease because of my advice, but now is the time not to think about my profit, but to think about the future.
Tata Group will build an aviation empire again
Tata Group is planning to bring its four airline brands under one roof. The Tata Group will merge the four companies under Air India and integrate the Vistara brand. Tata Group plans to revive its past aviation empire.
Vistara Airlines is a joint venture between Tata Group and Singapore Airlines. Tata Group wants to finance Singapore Airlines and buy its stake to bring it under the Air India brand. To revive Air India, Tata will order more than 300 narrow-body jets and raise at least $1 billion (about Rs 8,170 crore) in the funding round for Air India.
Mukesh Ambani will buy Liverpool for 381 billion
Mukesh Ambani, who owns the Mumbai Indians company in the Indian Premier League, is set to buy the world-famous football club Liverpool. Mukesh Ambani had expressed his desire to buy the Liverpool club in partnership a decade ago, but that time it didn't work out.
Now that Fenway Sports Group, the current owner of Liverpool, is ready to sell it, Mukesh Ambani has seized the opportunity. Fenway Sports Group has valued Liverpool at 4 billion pounds (about 381 billion rupees). This amount is not big for Mukesh Ambani but since Liverpool is a big brand, other sellers are also in competition. Ambani looks set to face stiff competition with several Arab and American billionaires interested in the club.
Data Protection Law Fluctuates Companies
Modi government has decided to bring Digital Personal Protection Bill 2022. The proposal to raise the fine to Rs 500 crore for violating the provisions of this law has created a flutter among social media companies. The draft Personal Data Protection Bill released in 2019 provided for a fine of 4 percent of the company's global turnover or Rs 15 crore. Now the government has increased this amount several times.
According to experts, considering that the number of social media users in India is in crores, companies fear that if this law comes into force, there will be thousands of cases. Toting legal team has to be kept only for disposal of these cases. If found guilty in any case, he will have to pay a fine as much as breaking up.
Division in the Hindu family decided
Britain's richest family, the Hinduja family, has decided to split. The family has agreed to end the agreement made in 2014 and also agreed to divide the assets between the four brothers. Who will get what will be decided by the end of this month.
In the Hinduja family in 2014, it was a family agreement that everything in the family belongs to everyone and no one owns any property. The agreement was signed by the four brothers of the family but a few years later, a court case was filed when elder brother Srichand Hinduja's daughters Shanu and Veenu challenged it. Now this court case has been put to an end and it has been agreed to divide the assets.
Third Dhurandhar resigns from Zomato
Online delivery company Zomato co-founder Mohit Gupta's resignation has come as a surprise. Mohit and Gaurav Gupta started Zomato along with Deepinder Goyal but Mohit was behind the scenes in the early years. Mohit Gupta officially joined Zomato in 2018. When the company decided to expand its food delivery business, Gupta was made a co-founder. In 2020, he was made the CEO of the company's food delivery business. Earlier, the company's other founders Gaurav Gupta and Rajiv Ganju left the company, so the top three people have left Zomato in a short period of time. Gupta has claimed in a mail to the company that he is leaving Zomato to pursue a new venture.
Zero in 2014 and 46 flights today
Relations between India and Canada are growing. People of India are preferring Canada more. India's love for Canada has increased after 2014. Canada's visa system is pro-Indian. Both students and families prefer Canada. More people like Canada than America. There were no non-stop flights between India and Canada in 2014. Today, there are 48 non-stop flights between the two countries. The dramatic increase in the number of non-stop flights shows that the diplomatic relations between the two countries have also improved.
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