The elder Ratan of yesterday was associated with Tata. Ratan Tata died on 9 October. His will has come out after 15 days. He has left a will worth Rs 10 thousand crores. He mentioned among his assets his friend and youngest general manager of Tata Trusts, Shantanu Naidu, brother Jimmy Tata, half-sisters Shireen and Diana Jeejeebhoy, house staff and others. Even pet dog Tito has a stake in his will.
At the same time, InterGlobe Aviation, the company operating Indigo, has suffered a loss of Rs 986.77 crore in the second quarter of the financial year 2024-25. In the same quarter a year ago (Q2FY24), the company had made a net profit (consolidated net profit) of Rs 188.9 crore.
1. Ratan Tata's will of Rs 10,000 crore: Share to Shantanu, the cook, names of brothers and sisters also; Unlimited care for pet dog 'Tito'
Ratan Tata died on 9 October. His will has come out after 15 days. According to the report of Times of India, he has left a will worth Rs 10 thousand crores. He mentioned among his assets his friend and youngest general manager of Tata Trusts, Shantanu Naidu, brother Jimmy Tata, half-sisters Shireen and Diana Jeejeebhoy, house staff and others. Even pet dog Tito has a stake in his will.
Tata has named some of his stake in startup Goodfellow in the name of Shantanu in his will. The expenses incurred on their education abroad have also been included.
2. IndiGo suffered a loss of ₹987 crore in the second quarter: In July-September last year, there was a profit of ₹189 crore, revenue increased by 13.55%; Shares rose 80% in one year
InterGlobe Aviation, the company that operates low-cost airline IndiGo in India, has suffered a loss of Rs 986.77 crore in the second quarter of the financial year 2024-25. In the same quarter a year ago (Q2FY24), the company had made a net profit (consolidated net profit) of Rs 188.9 crore.
Consolidated revenue from operations of IndiGo in July-September increased by 13.55% year-on-year to Rs 16,969.6 crore. In the same quarter a year ago i.e. in the second quarter of FY24, the company revenue was Rs 14,943.9 crore.
3. Tesla shares rose 22% in a day: Due to this, Elon Musk's net worth increased by 11%, now his wealth is ₹ 22.68 lakh crore.
Shares of Elon Musk's electric vehicle manufacturing company Tesla saw a rise of about 22% on October 25. Due to this, Musk's net worth has increased by 26.4 billion dollars, i.e. about Rs 2.21 lakh crore in a single day. This is about 11% of Musk's current total net worth.
This is the second biggest rise in Tesla shares so far in intraday. Earlier, on May 9, 2013, Tesla's shares had witnessed the biggest intraday rise. At the same time, Tesla's market cap has now become 81.62 thousand crore dollars.
4. Satya Nadella got a salary of Rs 665 crore in 2024: 63% more than in 2023, the company took the decision due to increase in stock-based income.
Microsoft has increased the salary of company CEO Satya Nadella by 63% to $ 79.1 million (about Rs 665 crore) for the financial year 2024. Nadella's salary in FY 2023 was $ 48.5 million (current value is about Rs 408 crore).
This is the second highest salary that Nadella will receive after joining the company. Earlier in 2014, he had received a salary of 84 million dollars. The company gave this information in its stock filing on Thursday.
5. Telecom companies expressed concern over TRAI's new rule: Asked for two months' time, traceability of transactional and service messages to be implemented from November 1
Telecom companies have expressed concern over the new rules of the Telecom Regulatory Authority of India (TRAI) coming into effect from November 1. Under the new rule, TRAI has made traceability of transactional and service messages sent by banks, e-commerce platforms and other financial institutions mandatory.
It says that if there is any glitch in the message sending chain, the message will be blocked before it reaches the customers. Telecom companies say that many leading institutions (PEs) and telemarketers are not yet ready to follow these rules, due to which the delivery of OTP and other important messages may be disrupted.
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