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Sunday Feb 05, 2023

Tag: cut

Google CEO Salary | Sundar Pichai’s salary was not cut after the retrenchment in Google, know how much is a month’s salary?

Posted in : Business Posted in : , , , , , , , Posted on


Corona virus: Sundar Pichai donated five crore rupees to 'Give India' Foundation

file photo

Delhi: Ever had to add every penny to buy a plane ticket from India to America, the current annual salary of Alphabet and Google CEO Sundar Pichai is staggering. Sundar Pichai’s salary has been the talk of the town since the layoffs this past month. Sundar Pichai currently earns a salary of US $ 242 million, which is approximately Rs 1,880 crore in Indian rupees. In a town hall meeting with Google employees, Pichai announced that all senior executives would face pay cuts. However, Pichai did not say how much salary deduction would be done for these senior officers. But it is certain that there will be a cut in the salary. But even after this salary cut, the amount that Pichai gets as salary every month is staggering.

How much is the monthly salary?

At present, Pichai’s monthly salary is Rs 163 crore. Apart from this, he also has shares of Alphabet. Pichai’s estimated net worth (Sundar Pichai Net Worth) is said to be Rs 10,800 crore. Pichai’s salary was raised a few months before Alphabet cut its workforce. His performance as CEO is excellent. Also, the number of stock units has been increased from 43 to 60 percent in 2019. This has increased his salary. Apart from this, Pichai was also given two parts of the PSU. Its target price is between $63 million and $84 million, according to Alphabet’s stock form.

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How much is the net worth?

Pichai’s base salary is $2 million. Pichai has a total of 88 thousand 693 shares of Alphabet. This share is 0.01 percent of the total shares of the company. If all his shares, investments and salary are considered, then in 2023 Pichai’s total assets are 1 thousand 310 million US dollars i.e. 1.31 billion dollars.

luxury car, house and land

Pichai has a collection of the world’s most expensive and luxurious cars. This includes cars like Porsche, BMW, Range Rover, Mercedes Benz. Sundar Pichai owns a luxury apartment in Los Altos Hills, Santa Clara County, California. He bought this house for $40 million. This house with 4000 square feet area has all the modern amenities. It has three large bedrooms, five bathrooms, a tennis court and a miniature golf course. Pichai also owns 3.17 acres of land on Westwind Way and La Paloma Road.



Posted by: Dinar09
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CNG Price Down | Big relief to Mumbaikars struggling with inflation, big cut in CNG price

Posted in : Business Posted in : , , , , , , , Posted on


file photo

file photo

Mumbai: Mahanagar Gas has given great relief to the Mumbaikars whose budget has deteriorated due to inflation. The price of CNG will be reduced by Rs 2.50 per kg from midnight today. Mahanagar Gas has informed about this. Due to this, the drivers who are already struggling with inflation have got a big relief. These new rates will be announced from midnight today. CNG prices have been reduced in Mumbai and surrounding cities. That’s why now the price of one kg CNG will be less by two and a half rupees. It will be available from midnight today at the rate of Rs 87 per kg as per the new price. Mahanagar Gas has claimed that the price of CNG is 44 per cent cheaper than petrol.

Reduction in this rate will bring some relief

Mahanagar Gas Limited Company is distributor of CNG , PNG Gas in and around Mumbai. Therefore, from car drivers to rickshaw drivers, the reduction in the rate of CNG gas will be of great benefit. The rising price of CNG has spoiled the budget of many people. A reduction in this rate will bring some relief. Due to the increase in CNG prices, there is not much cost saving for the consumers by using CNG vehicles as compared to petrol-diesel. There was not much difference in the prices of CNG and petrol and diesel. This angered the customers.

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The price hike took place in the month of November

Mahanagar Gas Limited had increased the prices of CNG gas in the month of November. The price of CNG was increased by Rs 3.50 per kg. After which the price of CNG in Mumbai has increased to Rs 89.50 per kg. So the domestic PNG rate was Rs 54 per scm.

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File Photo

Reduction in the use of CNG vehicle

According to a report, the use of CNG vehicles has decreased this year due to the increase in the prices of natural gas. CNG prices have increased by 70 per cent in the last one year due to increase in natural gas prices. Hence the difference in prices between diesel and CNG is very less and on an average the prices of both are similar. Hence the report said that the option of CNG vehicles is being avoided.



Posted by: Dinar09
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Job Layoffs | Philips again cut 6,000 jobs, cut 4,000 jobs three months ago

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file photo

file photo

Delhi: On the one hand, where many tech companies of the world cut jobs, now Philips also announced large-scale layoffs on Monday. The company said that due to the continuous losses in the company, 6,000 jobs will be lost worldwide (Job Layoff). This is the second biggest layoff announcement by the company after the company announced about 4,000 job cuts about three months ago. The company’s CEO Roy Jacobs has said that the company will lay off these employees by 2025. Company CEO Jacobs said in a statement that 2022 will be a very difficult year for Philips and our shareholders, who are taking these steps to drive our improvement and performance.

This step had to be taken due to loss

The Amsterdam-based firm forecast a loss of 105 million euros ($114 million) for the fourth quarter of 2022 and a massive 1.6 billion euro loss for the year-ago period. Philips announced a mass recall of the machines used to treat people with sleep apnea in 2021. Philips CEO Roy Jacobs said in a statement that 4,000 jobs were being cut immediately to reduce production. This decision is difficult but necessary. We do not take this lightly and respect the employees affected.

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The company has gone through a lot of change

Jacobs said these actions need to be taken so that the company can see Philips’ growth potential and deliver returns for our shareholders. Philips, which started as a lighting company over 130 years ago, has gone through a lot of transformation in recent years. The company is now focusing on manufacturing healthcare products. The company sold off assets to focus on making high-end electronic healthcare products. Questions raised about some of the company’s products and subsequent recall announcements led to a further decline in the company’s market share.



Posted by: Dinar09
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Drought in Arizona, Scottsdale stopped water, hundreds of people rely on rain even for toilets. arizona town cut off from water using rain to flush toilets water supply city of scottsdale

Posted in : International Posted in : , , , , , , , , , , , , , , Posted on


The City of Scottsdale said it warned and advised Rio Verde that it could not rely on the city’s water supply, especially when the rest of the area was in drought.

Drought in Arizona, Scottsdale stopped water, hundreds of people rely on rain for toilets

Drought in 33 US states. (representative picture)

On New Year’s Day, the city of Scottsdale cut off water supply to hundreds of thousands of people who live in the Rio Verde foothills due to a historic drought. It is a suburb located about 30 miles north of the city. Water carriers were allowed to refill the tanks at stations in Scottsdale. Please tell that Rio Verde does not have its own reservoir. At the same time, due to non-availability of water, hundreds of people are facing a lot of trouble. After this the people of Rio Verde protested against the decision to stop the water. filed suit Done and demanded restoration of services.

Due to the lack of water, the people of the Rio Verde foothills have taken many drastic measures, including storing water in their pools for daily activities. Local resident D Thomas said that it is indeed a matter of great concern. But I’m glad I have a pool because at least I can store water in it every time it rains. He said that we mostly use it for bathing.

Water supply stopped from January 1

In fact, the Rio Verde foothills, a suburb of Scottsdale, were cut off from the city’s water supply on January 1. Scottsdale argues that it takes no responsibility for the Rio Verde. In a statement published on January 16, the City of Scottsdale said it had warned and advised Rio Verde that it could not rely on the city’s water supply, especially when the rest of the area was in drought. This territory is governed by Maricopa County. The water supply in Scottsdale is dwindling in his yard.

use of rain water

Local residents told that now they use rain water to flush their toilets. Not only this, wash clothes in friends’ houses and eat food from paper plates to avoid using water. D Thomas, another local resident, said that his family has been forced to use water that collects in their pool. Thomas said that we mostly use it for bathing.

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people filed lawsuits

A lawsuit filed last week on behalf of residents claims Scottsdale has subjected Rio Verde residents to stress by turning off their domestic water supplies. The lawsuit states that the need for families to bathe or use their own toilet and have potable water is a basic need. And a bill recently introduced by state lawmakers would make Scottsdale financially responsible for some of the costs incurred by the shortage. Arizona is one of 33 US states currently experiencing drought conditions, according to the US Drought Monitor.

Posted by: Dinar09
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Apple CEO | Apple CEO Tim Cook’s salary cut by more than 40%, know full news

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Photo - Apple Facebook

Photo – Apple Facebook

Delhi: Apple is cutting CEO Tim Cook’s compensation by more than 40% to $49 million in 2023, citing Cook’s own request to balance his pay, saying the changes As part, the percentage of stock granted to Cook will increase from 50% to 75% in 2023, depending on Apple’s performance. Cook received $99.4 million in compensation for 2022, consisting of $3 million in base salary, approximately $83 million in stock, and a bonus. This was slightly higher than in 2021 when his total pay package was $98.7 million.

Cook’s Stock Will Continue After Retirement

Apple has drawn criticism from groups such as shareholder services regarding Cook’s previous compensation package, but a majority of shareholders voted to approve it last year. ISS, a top advisory firm, complained that Cook’s stock would continue after retirement and that half of the awards do not depend on performance criteria such as the company’s share price.

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Pledged to give his property for religious work

The $49 million in target compensation includes the same $3 million salary and $6 million bonus as in 2022, as well as an equity award value of $40 million. His equity award was worth $75 million in 2022. Cook’s actual total compensation for 2023 is subject to change based on the company’s stock performance. Cook, 62, has pledged to give his wealth to religious causes. Shares of Apple were down 27% last year, though it was a smaller decline than the tech-heavy Nasdaq Composite Index. They have climbed 2.7% so far this year.



Posted by: Dinar09
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apple iphone 14 gets price cut of 33000 rupees in flipkart sale amazing deal

Posted in : Technology Posted in : , , , , , , , , Posted on


read on the app

Want to buy a strong iPhone in terms of camera to design and features, but due to the high price, compromising on Android phone or old iPhone model, then it is not needed. Due to the tremendous discount, the latest Apple iPhone 14 can be bought at a very low price and a discount of about Rs 33,000 is being given on it.

The shopping platform Flipkart is getting the chance to buy iPhone at a big discount. The base model of the latest iPhone lineup can be bought on this platform at a very low price. In such a situation, if the latest iPhone is available cheap, then there is no need to buy the old model. Apart from bank offers, exchange discount is also available on this device.

Buy Apple AirPods Pro for only Rs 1,450, getting a discount of more than Rs 19,000

Buy iPhone 14 like this at a bumper discount
In the Indian market, the base model of Apple iPhone 14 with 128GB storage has been priced at Rs 79,900. After the discount available on the shopping platform, this model has been listed for Rs 73,990. After the bank offers, its price has come down further and the biggest discount is available in the form of exchange discount.

While the iPhone 14 model with 128GB storage is getting a flat discount of Rs 5,910, there is also an instant discount of Rs 4,000 for paying with HDFC Bank cards. Apart from this, after an exchange discount of Rs 23,000, this device can be purchased for only Rs 46,990. In this way the phone can be bought at a lower price than the iPhone 13.

Expensive iPhone broke in the middle as soon as it was folded by hand, will not stop laughing after watching the video

Such are the features of Apple iPhone 14
The iPhone 14 has a 6.1-inch Super Retina XDR display and an upgraded Apple A15 Bionic chipset. Dual camera setup with 12MP + 12MP sensors has been given on the rear panel of the device and a 12MP selfie camera is available. Protection of ceramic shield is available on this device and a strong battery has been given. This iPhone coming with 5G connectivity will continue to get updates for many years.

Posted by: Dinar09
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