JEFF BEZOS APPOINTED CEO WILL LEWIS
IndusInd Bank flags fraud of Rs 172.58 cr, suspects staff involvement in recent accounting lapses
IndusInd Bank on Wednesday disclosed a suspected case of internal fraud in its microfinance unit, with ₹172.58 crore wrongly recorded as fee income over three quarters of FY 2024–25. The misstatement, discovered through internal and external audits, was reversed in the fourth quarter.
Trump drafts America's business titans to burnish his image at home and abroad
American business leaders are trying to get close to Donald Trump. They want relief from regulations and tariffs. Trump uses them to project a booming economy. But access does not guarantee protection from Trump's anger. CEOs are figuring out how to influence Trump. Some executives find it difficult to relay their views.
Blake Lively hits back hard, moves to sanction Justin Baldoni’s team over explosive and improper Taylor Swift extortion claims
Blake Lively is taking legal action against Justin Baldoni's team, alleging they falsely accused her of trying to extort Taylor Swift. Lively's legal team claims these accusations are baseless and intended to smear her reputation. She's also seeking records related to alleged harassment during the "It Ends With Us" shoot, claiming the investigation was delayed and biased.
Jeff Bezos and Lauren Sánchez will spend a whopping amount of money on each guest attending their wedding in Italy next month, here's the cost per head
Jeff Bezos and Lauren Sánchez are set to host their wedding in Italy this June, budgeting a lavish $50,000 per guest, totaling $10 million for approximately 200 attendees. The celebration includes luxurious accommodations at Aman Venice and the Gritti Palace, along with yacht excursions and premium experiences for close friends and family, with A-list celebrities expected to attend.
Lupin partners with Honeywell for usage of propellant for inhalers
Lupin Ltd partners with Honeywell to incorporate 'Solstice Air' propellant in next-generation inhalers for asthma and COPD, aiming to reduce carbon emissions. This collaboration makes Lupin the first Indian pharma company to use Solstice Air at scale in pressurized metered-dose inhalers (pMDIs). Solstice Air offers a sustainable alternative, reducing greenhouse gas emissions by up to 99.9%.
Biden diagnosed with prostate cancer: Five myths debunked after former US President's 'aggressive' diagnosis
Former President Joe Biden, 82, has been diagnosed with prostate cancer after a routine physical exam revealed a nodule. Prostate cancer is the most frequently diagnosed cancer among men. According to the American Cancer Society, approximately one in eight men in the United States will be diagnosed with the disease during their lifetime. Although early detection makes it highly treatable, prostate cancer remains the second leading cause of cancer-related deaths in men.
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Why is Trump targeting and demanding investigation against Beyoncé and Springsteen appearances?
Donald Trump has escalated his attack on musicians supporting Kamala Harris. He alleged illegal payments to Beyonce, Oprah Winfrey, Bruce Springsteen and Bono for endorsements. Trump has demanded a 'major' investigation into Harris' campaign activities. He claims these endorsements are illegal campaign contributions and accused them of unlawful activities during the 2024 election.
Trump's 'one big, beautiful bill' offers $1k for newborns, immigration and tax cuts: 10-point explainer
President Trump's 'One, Big, Beautiful Bill Act' aims to reshape American policy through tax cuts, stricter immigration measures, and increased defense spending. The bill faces opposition despite narrowly clearing a House committee. It proposes making the 2017 tax cuts permanent, ending taxes on tips, and increasing military and border security funding, while also cutting federal spending and revising asylum policies.
Nvidia plans to sell tech to speed AI chip communication
Nvidia is set to sell its NVLink Fusion technology to other chip designers, enabling the creation of powerful custom AI systems. Marvell, MediaTek, and others plan to adopt this technology for their chip efforts. CEO Jensen Huang also announced plans to build a Taiwan headquarters and highlighted Nvidia's evolution beyond gaming graphics into AI chip dominance at Computex.
American Idol 2025 has a new champion! Know the winner of season 23
Jamal Roberts, a 27-year-old physics teacher from Mississippi, has been crowned the winner of American Idol 2025. Roberts secured a historic win as the first Black man in 22 years to claim the title, earning 26 million votes. His journey from a small-town educator to a national star captivated audiences with his soulful voice and emotional performances.
Is Memorial Day a federal holiday in the US? Check what's open and shut
Memorial Day 2025: Memorial Day, observed on the last Monday of May, honors fallen US military members. Banks and government offices close, but most grocery stores like Walmart and Kroger stay open with varied hours. Post offices, UPS, and FedEx suspend regular services. While Costco is closed, Sam's Club and BJ's Wholesale Club remain open.
Jeff Bezos-Lauren Sánchez's wedding cost, guest list revealed: The numbers will take you by surprise
Jeff Bezos and Lauren Sánchez will marry in Venice, Italy. The celebration spans multiple days with under 200 guests. Celebrities like Jared Kushner, Ivanka Trump, and the Kardashians may attend. The couple will stay at luxurious hotels. They will use the superyacht Koru. The wedding is scheduled from June 24 to June 26, 2026.
Citroen appoints Xavier Chardon as CEO, Koskas to leave company
Stellantis has named Xavier Chardon as the new CEO of Citroen, effective June 2. Chardon, who previously held positions at Citroen and Volkswagen, succeeds Thierry Koskas, who is departing Stellantis. This appointment comes as Stellantis seeks a permanent CEO following Carlos Tavares' departure amidst sales and profit declines, marking a significant leadership change for the French automaker.
Perplexity, PayPal partner to provide easy payment checkouts to users
The deal will strengthen Perplexity's agentic commerce offering, a rapidly growing trend where AI agents not only help consumers with shopping but also handle transactions for them.
Make space! Jeff Bezos’ Project Kuiper eyes India’s satellite internet market after Musk’s Starlink
Jeff Bezos' Project Kuiper is seeking expedited approval from the Department of Telecommunications to enter India's satellite internet market, following in the footsteps of Elon Musk's Starlink. Kuiper plans a significant presence with 10 gateways and two points of presence, aiming to launch commercial services later this year.
Are Taylor Swift and Travis Kelce getting married? Kansas City Chiefs tight end drops a big hint
Travis Kelce ignited a frenzy at the Amazon Upfronts 2025 by sporting a Marni T-shirt featuring a wedding cake, fueling speculation about an impending engagement to Taylor Swift. This playful fashion choice, combined with recent public appearances, has Swifties buzzing with anticipation, though no official proposal has been confirmed.
Wedding of the century? Jeff Bezos and Lauren Sanchez’s alleged choice of venue has fans and critics equally stunned
Jeff Bezos and Lauren Sanchez are planning an extravagant wedding in Venice, Italy, opting for a restored open-air theatre instead of a traditional church. The couple has reportedly booked iconic hotels and hired music legends Elton John and Lady Gaga to perform.
All about the kids of Lauren Sánchez, fiancée of Jeff Bezos
Lauren Sánchez celebrated Mother's Day with a rare family photo featuring her three children: Nikko, Evan, and Ella. Nikko recently walked for Dolce & Gabbana and graduated from university, while Evan and Ella maintain a more private life.
What was Steven Seagal doing at Vladimir Putin's big Victory Day celebration? Here's what reports are saying
Steven Seagal, a long-time supporter of Vladimir Putin and now a Russian citizen, attended Russia's Victory Day parade in Moscow, marking the 80th anniversary of Nazi Germany's defeat. He was seen alongside the Night Wolves biker club, drawing attention amidst a display of military strength. Oliver Stone, another prominent figure from American cinema, also attended the parade.
WaPo turmoil deepens: Jeff Bezos appointed CEO Will Lewis vanishes from newsroom, staff cite concerns over his absence and alleged drinking habits
The Washington Post faces internal turmoil. Employees express concern over CEO Will Lewis's absence. Reports suggest issues with his leadership style. This has led to low morale and staff departures. Jeff Bezos's involvement seems limited. Lewis's relationship with Executive Editor Matt Murray is strained. Controversial decisions have alienated staff. The situation raises questions about the Post's future direction.
ONDC appoints Vibhor Jain as acting CEO; hunt on for Koshy’s successor
Vibhor Jain, ONDC’s chief operating officer, has been appointed acting CEO as the platform seeks a new permanent head. Executive powers now rest solely with Jain, ending the interim committee’s role. The move aims to ensure continuity and unified leadership as ONDC scales up and navigates key strategic decisions.
Billdesk cofounder MN Srinivasu appointed IAMAI chairman for two years
Srinivasu replaces Harsh Jain, cofounder and chief executive of Dream Sports, who assumed the post in May 2023. Before Jain, Sanjay Gupta, vice president and country manager of Google, had held the office.
Qatari royal family to gift $400 million private jet to Donald Trump; here are others who own some of the world's most expensive private jets
The world’s most expensive private jets are flown by some of the richest and most famous people on the planet, from Donald Trump’s $400 million Boeing 747-8 to Kim Kardashian’s $150 million Gulfstream G650ER. These luxury aircraft aren’t just about travel—they’re flying mansions complete with bedrooms, jacuzzis, and full suites. Celebrities like Drake, Jeff Bezos, Oprah Winfrey, Tom Cruise, and Jay-Z and Beyoncé each own jets worth millions, customized to fit their personal taste and lifestyle. This story breaks down what they fly, how much it costs, and what’s inside these high-flying homes.
Neo Wealth Management appoints Shajikumar Devakar as Co-Founder and CEO
Neo Group has appointed Shajikumar Devakar as co-Founder and CEO of Neo Wealth Management. Shaji's experience includes leadership roles at 360 ONE Wealth, Barclays Wealth, and Deutsche Wealth Management. Neo Group currently manages over Rs 40,000 crore in wealth and Rs 11,500 crore in alternative assets, backed by Peak XV Partners, Mitsubishi UFJ Financial Group, and Euclidean Capital LLC.
Jeff Bezos and Lauren Sanchez's summer wedding; here are the artists performing in Venice
Jeff Bezos and Lauren Sanchez are planning a grand wedding in Venice. The three-day event is scheduled for June. Lady Gaga and Elton John may perform at the wedding. Around two hundred guests are expected to attend. Oprah, Leonardo DiCaprio, and Kim Kardashian are on the guest list.
Mark Zuckerberg overtakes Jeff Bezos as world’s second-richest person; Elon Musk still on top
Mark Zuckerberg has overtaken Jeff Bezos to become the world’s second-richest person, behind Elon Musk, according to Bloomberg. A rise in Meta’s share price boosted Zuckerberg’s wealth to $212 billion. The global billionaire count has risen to 3,442 according to the Hurun's list published in March, driven largely by gains in the tech, AI, and cryptocurrency sectors.
Amazon's Bezos leads new investment in AI data company Toloka
Jeff Bezos’ firm led a $72 million investment in AI data solutions company Toloka, aiming to accelerate its US expansion and product development. Toloka, part of Nebius Group, supports AI model training with human input and gains operational independence through this strategic funding round.
Are Tesla, Nissan and Mercedes-Benz's exploiting Trump tariff fears to manipulate customers? Check details
Several companies are alerting customers about possible price hikes due to tariffs. Tesla and Nissan are among those urging consumers to buy now. French brand Sezane also cautioned its U.S. customers. Retailers are using this strategy to boost sales amid low consumer confidence. Some companies pass tariff costs directly. Donald Trump criticized Amazon for planning to display tariff-related price increases.
Why is Jeff Bezos planning to sell up to 25 million Amazon shares?
Jeff Bezos is set to sell up to 25 million Amazon shares, worth nearly $4.75 billion, according to a recent SEC filing, signaling a major financial move amid ongoing global trade instability.
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