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BusinessToday.In
New Delhi, February 13, 2020
Amazon CEO Jeff Bezos, the world's wealthiest person, has purchased a Beverly Hills mansion known as the Warner Estate from media mogul David Geffen for $165 million, a source familiar with the deal said on Wednesday. The sale price is believed to be the highest in a Los Angeles-area residential real estate transaction; India Ratings and Research (Ind-Ra), a part of Fitch Group, on Wednesday downgraded YES Bank's long-term issuer rating, while maintaining it on 'Rating Watch Negative' (RWN). The rating downgrade was attributed to continued delay and inconclusive quantum of the anticipated equity infusion in YES Bank; Microsoft Corp Chief Executive Officer Satya Nadella is planning to visit India later this month according to Reuters. Nadella is planning to be in India between Feb 24 and Feb 26 and will likely visit New Delhi. Watch this and more on News Blast.Also read: Ratan Tata had nearly married, but 1962 Indo-China war changed thingsAlso read: Coronavirus scare: 'Help us, we want to go home,' 3 Indians isolated on British cruise ship in Japan tell PM Modi  


Reuters
February 13, 2020
Nadella is planning to be in India between February 24 and February 26 and will likely visit New Delhi, tech hub Bengaluru and Mumbai


BusinessToday.In
New Delhi, February 13, 2020
Pay taxes for India's development, says PM ModiWhile the previous governments had hesitated to touch the country's taxation system, the current BJP-led dispensation was making it more citizen centric, Prime Minister Narendra Modi said on Wednesday, urging people to pay their dues for the development of India. He lamented that when a number of people did not pay tax and found ways to evade it, \"the burden falls on those who honestly pay their dues\".WhatsApp garners 2 billion user...


BusinessToday.In
New Delhi, February 13, 2020
Amazon boss' new mansion was originally built for Warner Bros founder Jack Warner in the 1930s


PTI
New Delhi, February 9, 2020
The board of Amazon Seller Services has allotted shares worth about Rs 2,208 crore to Amazon Corporate Holdings and Amazon.com Inc


Reuters
February 8, 2020
Twitter latest news: Twitter accounts of Facebook and its Messenger platform got hacked via a third-party platform. Here's for more


Anand Adhikari
New Delhi, February 6, 2020
SBI chief, at an event held by Indian Banks' Association, says banks can achieve higher growth if they continue to make profits; lists out role of other players like states in supporting country's economic growth


Goutam Das
New Delhi, February 5, 2020
India needs to fix skills gap; there's a need for partnerships between industry-government-academia as well as a focus on education and science, says Agarwal


BusinessToday.In
New Delhi, February 3, 2020
Lauren's brother accuses Bezos and his consultant Gavin de Becker of peddling \"false narrative\" that he betrayed his sister by leaking private chats and pictures


PTI
New Delhi, January 26, 2020
UKIBC Chief Executive Officer Richard Heald said that the e-commerce sector has a tremendous potential, especially for the smaller businesses, who get a platform to sell their wares


BusinessToday.In
New Delhi, January 23, 2020
US President Donald Trump on Wednesday said that India and China should not be considered developing nations by the World Trade Organisation (WTO). He made the remarks during a press conference on the sidelines of the World Economic Forum 2020 at Davos. Pakistan Prime Minister Imran Khan on Wednesday said the world will realise the true strategic and economic potential of his country when the relationship with India becomes normal, but that has \"unfortunately\" not been great. Sundar Pichai, the CEO of Alphabet Inc and its subsidiary Google, said on Wednesday that healthcare offers the biggest potential over the next five to 10 years for using artificial intelligence to improve outcomes, and vowed that the technology giant will heed privacy concerns. Watch this and more on News Blast.Also read: Amazon CEO Jeff Bezos responds after reports of phone hacking by Saudi Crown Prince MBS Also Watch: Quantum computing and AI can solve the biggest problems: Sundar Pichai


BusinessToday.In
New Delhi, January 23, 2020
'He is a clown and any number of his contemporaries from NSD and FTII can attest to his psychopathic nature,' Naseeruddin Shah said


BusinessToday.In
New Delhi, January 23, 2020
The UK-based news daily The Guardian reported on Sunday that Amazon Chief Executive Jeff Bezos' mobile phone was \"hacked\" by Saudi Crown Prince Mohammed bin Salman (MBS) in 2018; Bezos-owned The Washington Post had done a relentless coverage on the Jamal Khashoggi murder


BusinessToday.In
January 22, 2020
Jeff Bezos India Visit: Jeff Bezos and girlfriend Lauren Sanchez visit the Taj Mahal in Agra as a part of the Amazon CEO's three day visit. Here's for more


BusinessToday.In
New Delhi, January 22, 2020
WEF 2020: India Inc. urges reforms, rallying together to overcome economic gloomA day after the International Monetary Fund (IMF) said that sharp decline in the Indian economy pulled down the global growth forecasts for 2020, India Inc representatives at Davos said that it was important to look at medium and long term outlook and rally together as a country. In conversation with India Today News Director Rahul Kanwal at the 50th annual meeting of the World Economic Forum (WEF), le...


PB Jayakumar
January 22, 2020
The current draft policy proposes to provide up to Rs 15 lakh for rare disease treatment to patients, who need one-time treatment and are covered under Ayushman Bharat


BusinessToday.In
January 22, 2020
Last year, Bezos' private investigator Gavin de Becker also claimed that Saudi Arabia had hacked his phone and accessed data


BusinessToday.In
New Delhi, January 21, 2020
Chidamabaram says IMF Chief Economist Gita Gopinath was one of the first to denounce demonetisation; we must prepare ourselves for an attack by government ministers on the IMF and Dr Gita Gopinath, he adds


BusinessToday.In
New Delhi, January 20, 2020
Oliver Tonby, chairman of McKinsey,  Asia, spoke to India Today's Rahul Kanwal about the growing dominance of Asia in the world. He also stressed that the world was realistically optimistic about India and elaborated on the reasons for the optimism. India has the maximum number of people coming out of poverty and into the consuming class, among all countries. Technology disruption is helping India too. India also has more unicorns than Germany. Those unicorns are getting to unicorn status faster than anywhere else in the world. India has more STEM graduates than any other country in the world. Watch the video for his views on the India story.Also watch: Amazon rolls out e-rickshaws; Bezos seen driving one Watch more: Ahmedabad-Mumbai Tejas Express: All you need to know  


BusinessToday.In
New Delhi, January 20, 2020
IMF's chief economist Gita Gopinath spoke exclusively to Rahul Kanwal, News Director, India Today and Aajtak at the WEF meet in Davos. She elaborated on the global fallout of India's slowdown. She said the financial sector was most stressed and there was a sharp decline in credit growth. She stated that there needs to be an urgency in addressing weakness in credit growth. But she also pointed out that significant recovery was coming in due to the monetary stimulus in the system. But the government should come up with reforms and there should be quicker recapitalisation of banks in order to bring about quick recovery. She also indicated that countries which witnessed social unrest also suffered economically. Watch the video for more.Also read: Federal Bank posts record net profit of Rs 441 crore in December quarterAlso read: Jeff Bezos rides electric rickshaw; Amazon rolls out new vehicle in India  


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