Author: TI Editor

What do Sam Altman and David Sacks have in common? Certainly not politics. Mr Altman, co-founder of OpenAI, is part of the transition team of Daniel Lurie, the Democratic mayor-elect of San Francisco. David Sacks, an entrepreneur and polemical right-wing podcaster, will on January 20th become Donald Trump’s crypto and artificial-intelligence (AI) tsar. Yet both have the distinction of being among Silicon Valley’s best spotters of entrepreneurial talent. According to data from TRAC, a venture-capital (VC) firm, few are as good at picking promising startups at the very earliest stage. Messrs Altman and Sacks stand out because of the whopping…

The idea of making a fortune by investing at the bottom of a crisis is often glorified, fostering the belief that wealth is built by timing market downturns with precision. Stories of investors who seized opportunities during market collapses create the illusion that waiting for the next major crisis—and deploying capital at exactly the right moment—is the key to success. While having cash during a crisis is essential, it is ineffective without the conviction to invest.  Read this | These foreign funds have been selling more Indian stocks than the others. They aren’t the ones you thought they were. The…

Days after an employee called him out in the comments section and questioned the company’s commitment to its workforce, Byju’s CEO Byju Raveendran assured him that pending salaries, unpaid for the past three months, would be cleared, though not ‘immediately’.Raveendran took to LinkedIn earlier this week to acknowledge his absence, asked his employees for forgiveness, and refute certain charges against him.Raveendran assured the Hyderabad-based employee that pending salaries would be paid eventually, but not “immediately.” He said that he was fighting not just for himself but also for his employees.“Bills will be paid, comeback will be made, dues will be…

 The Reserve Bank of India (RBI) has appointed Dr. Ajit Ratnakar Joshi as Executive Director (ED) with effect from March 03, 2025. Prior to being promoted as ED, Dr. Joshi was serving as Principal Adviser in Department of Statistics and Information Management. Dr. Joshi has experience of over three decades in the areas of statistics, information technology, and cyber risk management.He also served as member of faculty at the Institute of Development and Research in Banking Technology, Hyderabad. He has also served as member of several committees and working groups relating to compilation of macroeconomic statistics and policy issues.  As Executive Director, Dr.…

Samsung recently announced its new generation M series models, the Galaxy M16 5G and Galaxy M06 5G, in India. Both models have been launched in the mid-range smartphone segment, allowing budget-conscious buyers to get feature-filled devices at an affordable price. Today, Samsung has started the official sale of Galaxy M16 5G across platforms and retail stores. Whereas the Galaxy M06 5G will go on sale on March 7. Therefore, if you are in search of a new budget-friendly smartphone, then know what the new Samsung M series models have to offer in terms of pricing, features, specifications, and others. Also read:…

PowerChina unit claims $555 mln in unpaid dues EdL has yet to respond to the filing Case relates to Laos’ Nam Ou hydropower project March 5 – A unit of China’s state-owned Power Construction Corp of China has sued Laos utility Electricite du Laos in Singapore claiming $555 million in unpaid dues from a hydropower project, according to an arbitration filing reviewed by Reuters. The claim stems from electricity generated by the $2.73 billion Nam Ou River Cascade Hydropower project – operated by PowerChina unit Nam Ou Power – with a capacity of 1.27 gigawatts from its seven cascades along…

(Bloomberg) — Hadi Hallouche, head of Trafigura’s downstream oil division and an executive who was once touted as the firm’s future leader, is leaving the company. He is the latest senior departure in a leadership succession process at Trafigura, one of the largest traders of oil, gas and metals, that saw Richard Holtum become the company’s third-ever chief executive officer in January. One of several protégés of Trafigura’s founder Claude Dauphin, Hallouche was long seen as a rising star who had built the company into a significant player in liquefied natural gas trading. But expectations that he might succeed Jeremy…

On March 4, 2025, the UK-based smartphone company Nothing launched the new Phone 3a series with some eye-catching features and unusual design. The series consists of two models, the high-end Nothing Phone 3a Pro and the base Phone 3a, both offering some similar yet different features. In terms of pricing, both devices come under Rs.30000, but they have a great Rs.5000 difference. But what makes the Nothing Phone 3a Pro expensive? To know the reason, we have curated a detailed specification comparison between these two newly launched phones to know if buyers should get the Nothing Phone 3a Pro or…

(Bloomberg) — Car executives who’ve walked back their electric vehicle ambitions are breathing sighs of relief after the European Commission proposed easing emissions rules that were supposed to get stricter this year. By allowing automakers to exceed tougher targets in 2025 and avoid fines, President Ursula von der Leyen is bowing to months of pressure from an industry that already was wavering on electrification. Volkswagen AG and Stellantis NV, in particular, have recalibrated product plans after ousting chief executives who bet aggressively on EVs that consumers weren’t yet ready to buy. VW, Stellantis and Renault SA are positioned for the…

Indian investors no longer need multiple brokerage accounts, as modern trading platforms now offer a wide range of services in one place. These platforms are ever evolving and extremely efficient. Still, is sticking to a single account a smart choice, or does it make financial planning more complicated? Let’s explore the pros and cons.Segregating investments and diversifying servicesIt gives the convenience of maintaining segregated portfolios by strategy or asset class. There is, for example, an account to keep for equities investment long term and another for intraday or derivative trading. Segregation simplifies the portfolio management as well as the tracking…