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22-year-old man turns Green Gas meter update into Rs 32 lakh scam; Lucknow resident loses fortune after downloading WhatsApp APK
Lucknow Cyber Crime Police have arrested a 22-year-old man from Dhanbad, Jharkhand, over an alleged fake Green Gas meter update app scam that reportedly caused a loss of Rs 32 lakh. Consumers were targeted through WhatsApp messages asking them to install a fraudulent APK file. Here is how the alleged fraud operated and what police recovered during the arrest.
These large-, mid- and small-cap stocks have upside potential of up to 31% in 1 year, according to analysts
In the last two years, the world has learnt that you can never quite predict what US President Trump will do next. Tomorrow, to pull attention one way or another, there could well be some more action against Iran, changing the mood again in a single afternoon. So, the improvement in sentiment is real, but it is also fragile.
After laying off thousands, Meta now offers voluntary exit packages like Google and Microsoft. Here's all you need to know
Meta has launched a voluntary exit programme in France, designed to reorganize its team while pivoting towards artificial intelligence development. This attractive package includes severance pay, mobility leave, and extensive career support for transitioning employees. This initiative reflects a growing trend in the tech industry, as companies like Google and Microsoft are also adopting similar voluntary separation strategies. Employees wishing to participate must apply by November 5.
These mid-caps have ‘strong buy’ & ‘buy’ recos and upside potential of up to 28%, according to analysts
Global markets on Wednesday celebrated the outcome of the US mid-term election as well as a sharp drop in oil prices. Oil prices, which at the end of last week were at about $118 to the barrel, are now under $95. The hope clearly is that Democrat control of both chambers of the US Congress will pressure the Trump administration to pursue a diplomatic end to the conflict with Iran in the Gulf.
Google voluntary buyouts: What's the exit package, which teams qualify and how many employees are eligible after Microsoft's similar offer?
Google Voluntary Exit Programme Details: Google has expanded its voluntary buyout programme to selected employees in five countries. The offer comes as Microsoft rolls out a similar voluntary exit scheme covering around 60,000 employees. Here's a look at Google's severance package, eligible teams and the number of employees who could opt for the offer.
CBDT issues new clarification on BSNL-MTNL VRS-2019 compensation: Will it affect retirees' income tax benefits?
The CBDT issued a notification clarifying that ex-gratia compensation for BSNL and MTNL VRS-2019 is not retrenchment compensation. This compensation is governed by Section 10(10C) of the Income-tax Act, allowing tax exemptions under certain conditions. Employees must review their tax claims to ensure compliance with this clarification. Compensation exceeding five lakh rupees will remain taxable as salary income.
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Google extends voluntary buyout offers to employees in several countries
The move comes amid mounting AI spending that has unnerved Wall Street and dented Alphabet's stock price. Microsoft last week offered voluntary buyouts to 60,000 employees in an effort to contain costs. Alphabet's workforce has grown steadily in recent quarters, but it has sought to shift resources toward priority areas.
Canva layoffs: Affected staffers to get 6 months’ pay, a MacBook, and $10,000 to start up
Canva has announced significant changes that will impact around 1,271 team members, driven by a downturn in revenue growth. To improve project management and empower decision-making, teams will be consolidated. From January, employees will need to work in the office two to three times a week. A support package will provide generous severance, healthcare benefits, and career assistance, alongside a grant program to help exiting employees pursue new career paths.
Canva layoffs severance package: From six months’ salary, $10,000 grants to MacBooks, here’s what company has promised affected employees following a 22% workforce reduction
Canva layoff news: Canva Group has announced plans to lay off approximately 1,271 employees as part of a major restructuring effort. The company aims to consolidate its teams to enhance operational efficiency and clarify ownership. Employees affected by the layoffs will receive a generous severance package, which includes financial support for their future endeavors. Canva will require some staff to relocate to Sydney, where product teams will be centralized.
'One layoff can expose years of poor financial planning': Man earning ₹40 lakh LPA gets laid off, reveals ₹2 crore home loan, ₹30 lakh personal loan and pending car EMIs
After losing a job with a salary of ₹40 lakh per annum, a man faces severe financial stress. He has ongoing loans, including a ₹2 crore home loan and a ₹30 lakh personal loan. With a baby on the way and just two months of savings left, he struggles to meet the demands. Although he received job offers at half his previous salary, he is uncertain about accepting them.
36-48 months of salary as Diwali bonus, rumours or true? Micron's bonanza to Indian employees confirmed by techie
Micron employees in India are reportedly receiving massive Diwali bonuses, with some payouts allegedly running into several times their annual salaries. Reddit discussions and posts on X have highlighted claims of employees receiving lakhs in cash and additional stock awards. One recently hired employee reportedly received Rs 12 lakh in cash and Rs 8 lakh worth of RSUs against an annual package of Rs 7-8 lakh.
Dubai in Transit: The megalopolis is trying to shake off nightmarish war months, but caution remains in the air
Dubai is struggling to regain business momentum eight months after Iranian missile strikes disrupted tourism, real estate and other sectors. While tourist arrivals and hotel occupancy have recovered from their March lows, the recovery has stalled amid renewed regional tensions.
Goldman Sachs asked her to take down her baking TikToks, but this Gen Z employee had other plans; she quit Wall Street instead and is now turning her baking side hustle into a full-fledged business and made cakes for Gigi Hadid, others
Allison Sheehan, a former Goldman Sachs employee, faced conflicts with the firm's compliance team regarding her baking business. She decided to leave her finance career to fully focus on her cake business. After resigning, her production increased significantly, allowing her to create between 10 and 30 desserts each week. She is now exploring expansion plans for her company, including the potential for retail sales.
These large-, mid- and small-cap stocks can give more than 20% return in 1 year, according to analysts
Here’s one thing that is worth clarifying, because it is in the headlines. Large global technology companies have been announcing heavy spending on AI, and there has been some correction in those stocks because of it. It is natural to worry that this will spill over into the Indian market. It most likely will not.
Microsoft is offering buyouts to 60,000 workers: How US employees can calculate their potential severance pay
Microsoft is offering voluntary buyouts to around 60,000 eligible employees, with severance payments varying by job level and years of service. US workers can use the company's payment formulas to estimate their potential payout, while the offers also include continued stock vesting and health insurance.
Harry Kane’s wealth goes beyond football: Here’s what his investments in tech, food and fashion include
Harry Kane’s financial interests extend beyond football, with investments in sports technology, sustainable fashion, food brands and premium event ticketing. The Bayern Munich striker has backed companies including STATSports, Reflo and Bio&Me. He also has property interests, although the total value of his investment portfolio remains undisclosed.
Satya Nadella owns only a tiny stake in Microsoft; how the CEO built an estimated $1.4 billion fortune
Satya Nadella’s $1.4 billion fortune did not come from owning a large part of Microsoft. The CEO built his wealth mainly through company shares, bonuses and salary over the years. While his personal stake remains small, Microsoft’s growth under his leadership has made him one of the wealthiest executives in technology. Here’s how his compensation helped build his fortune.
Microsoft voluntary retirement scheme: What happens if employees say no to the exit offer?
Microsoft has announced a voluntary exit programme allowing approximately 60,000 employees to leave the company with support. The offer includes severance benefits based on length of service and internal level. Employees have until the first week of December 2026 to accept the programme. Microsoft clarified that this initiative does not replace potential layoffs in the future. The company aims to adjust its workforce as business conditions evolve.
As Microsoft offers buyouts to 60,000 employees, a tech leader explains the hidden risks of such a large-scale offer
Microsoft's voluntary buyout offer to around 60,000 employees has led a technology advisor to flag two risks companies may overlook when experienced workers leave. Rob Zelinka warns that businesses could lose critical institutional knowledge and face cybersecurity gaps if employee access to accounts, data and internal systems is not managed properly. He also raises questions about how technology companies are balancing investments in AI with workforce decisions.
Microsoft offers voluntary exits to 60,000 employees: What's in it, who qualifies and will India’s 23,000-strong workforce be impacted?
Microsoft has introduced a voluntary exit offer for eligible employees in India, the US, the UK and Canada, covering around 60,000 workers globally. The programme offers financial support and career transition services, but India's share remains unclear. The announcement comes amid US scrutiny of Microsoft's foreign-worker visa practices.
Microsoft announces voluntary exit offer for 60,000 employees in India, 3 other countries
Microsoft has announced a voluntary exit programme for eligible employees in multiple countries, including India. The offer is available to employees at level 70 and below until December 1. Eligible employees will receive severance packages and career transition services as part of the initiative.
Microsoft offers exit packages to India staff amid $20.5 billion AI push
While the company has not given specifics of the number of people who shall be covered through this programme, there are around 60,000 employees eligible globally. The decision will be taken by December 1, 2026 and those opting for it will be given a package similar to a standard severance offer, including one month of base salary for every completed year of service, health insurance and career transition services.
Rs 13.5 LPA job offer, 3.5 years of experience: Techie considers moving to Bengaluru for a better lifestyle. Users warn: ‘Not worth the traffic and the tiredness.’
A techie with 3.5 years under his belt weighs a Rs 13.5 LPA job offer in Bengaluru. While he dreams of a brighter future with improved work-life harmony, financial stability remains on his mind. Reddit threads warn about the financial strain associated with relocating to this vibrant city, even as he envisions new career horizons ahead.
Insurance commission: NBFCs seek 5-year transition period to reduce selling fee
The industry body of NBFCs has told the Insurance Regulatory and Development Authority of India (IRDAI) that the proposed commission caps of 2% for credit life and 5% for credit health insurance would make credit-linked insurance distribution unviable, given distribution costs are about 32% of the premium.
As hotels seek quality talent, salaries of senior roles see substantial jump
Senior hospitality executives, particularly general managers, have seen substantial pay increases due to market demand and talent shortages. Compensation for luxury hotel general managers has risen by 40-75% over three years, reflecting a competitive environment. Key roles in operations, sales, and marketing are also witnessing significant pay growth. In tier-II cities, general managers now earn between Rs 75-80 lakh, compared to earlier figures.
This new mom built a startup between breastfeeding sessions. It went on to make $90,000 in a month
While juggling a full-time job and motherhood, Julia Holden, 34, successfully launched Sleepy Hat, overcoming various product development hurdles. Her first sale marked a pivotal point in her entrepreneurship journey. Transitioning from her advertising career, she dedicated herself to nurturing her brand. Despite skepticism about launching a business so soon after childbirth, Holden highlighted the need to trust her gut and embrace her entrepreneurial spirit.
This California city’s mayor declared rental emergency as rents soared 25% in 2026. Is AI to blame?
San Francisco rents have jumped 25% in a year, with two-bedroom apartments topping $6,000 a month. As the mayor declares a rental emergency, scientists, nurses and teachers are struggling to find affordable homes amid intense competition and concerns over the AI boom.
Rs 24 crore cash sales in Form 26AS, Rs 4-crore tax demand: How a five-star hotel cook won his case in Delhi High Court
Mr. Lalit, a cook at Hotel Ashoka, received a surprising income tax notice claiming Rs 4 crore. This notice cited Rs 24 crore in cash sales attributed to him, leading to significant distress. His Form 26AS incorrectly showed these transactions, prompting Lalit to file a complaint regarding identity theft. The Delhi High Court ultimately canceled the tax demand, finding insufficient evidence from the Income Tax Department.
VRS offer in hand? Check these tax rules before you accept the package
Contemplating a Voluntary Retirement Scheme (VRS)? Prior to making your decision, it’s crucial to analyze the overall financial implications, including taxation aspects and the treatment of different package components. Be clear on the eligibility for tax breaks and ensure that your financial security after retirement is adequately planned.
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