M. Siva Prasad has been appointed as the Joint Managing Director of APSRTC, enhancing leadership in public transport. This strategic move aims to improve operational efficiency and service delivery for Andhra Pradesh State Road Transport Corporation. With a focus on innovation and customer satisfaction, Prasad's leadership is expected to drive positive changes in the transportation sector.
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Sebi's new proposal aims to simplify settlement rules, removing extra charges and introducing a fast-track option for cases up to ₹10 lakh. This initiative seeks to streamline financial dispute resolutions and enhance efficiency in the regulatory process. By addressing multiple proceedings, Sebi aims to make settlements more accessible for stakeholders.
A $70 million estate sale in Silicon Valley highlights the AI boom's impact on luxury real estate. This record-breaking purchase in Hillsborough reflects the growing tech wealth in the region, reshaping the housing market dynamics. As AI continues to thrive, expect more high-value transactions in Silicon Valley's luxury sector.
Oracle is set for layoffs as managers identify roles to cut before September 1. This follows a year of 21,000 job eliminations and $1.8 billion in restructuring. The tech giant is also investing heavily in AI data centers, totaling $55.7 billion. With some teams facing significant cuts, Oracle's workforce strategy raises concerns about employee stability.
India Post has made history by delivering the national flag via drone in Himachal Pradesh, supporting the 'Har Ghar Tiranga' campaign. This innovative initiative showcases India's commitment to modern technology while promoting patriotism. The use of drones for such deliveries marks a significant milestone in postal services, enhancing accessibility and efficiency across the region.