Billionaire philanthropist MacKenzie Scott, 54, donated $65 million to Enterprise Community Partners last month, a national nonprofit based in Maryland that aims to address the U.S.’s shortage of affordable housing. The surprise donation left the organization shocked, reps said in a statement. “Some of us probably wanted to cry for joy,” Janine Lind, president of…
Sukanya Samriddhi Yojana currently provides an 8.2% annual interest rate with yearly compounding. (AI image) Sukanya Samriddhi Yojana (SSY) is a government-backed small savings scheme providing tax advantages for girls. The Sukanya Samriddhi Yojana assists families in accumulating funds for their daughter’s advanced studies and wedding expenses. Parents of a girl child can open an…
Wipro anticipates recruiting approximately 7,000-7,500 individuals through December end. (AI image) Wipro, ranked as India’s fourth-largest IT services provider, is strengthening its internal workforce in anticipation of market recovery and growth in 2025, according to chief human resources officer Saurabh Govil.The IT services organisation, with revenue approaching $11 billion, aims to establish stability under CEO…
NEW DELHI: In another significant action, Enforcement Directorate (ED) on Saturday said it restituted properties worth Rs 4,025 crore to JSW, a successful resolution applicant of the erstwhile Bhushan Power and Steel Ltd, under corporate insolvency resolution process of Insolvency and Bankruptcy Code.The assets were attached by ED in 2019 after a money laundering probe…
NEW DELHI: The Indian auto components industry has experienced robust growth in the first half of FY25, with a notable 11.3 per cent increase in its market size, according to Automotive Component Manufacturers Association (ACMA) report.The industry, which was valued at $36.1 billion in H1 FY24, surged to $39.6 billion in H1 FY25. Several trends…
Google has made multi-million dollar investments in founders, internet infrastructure and clean energy, but its biggest gamble so far has been choosing to add AI to search, says Google’s chief investment officer and president Ruth Porat. “The biggest bet we continue to make is actually the application of AI to search and continuing to evolve…
DataStax CEO Chet Kapoor was once an intern for the late Apple co-founder Steve Jobs. He worked for Jobs from 1989 to 1993 as a campus consultant intern at a computer company Jobs founded, NeXT, and says that if Jobs were alive today, he would be thinking about AI. “If he was around for the…
Amazon is following Meta’s lead by making a $1 million donation to president-elect Donald Trump’s inaugural fund just one day after Meta made an identical donation. Amazon confirmed the contribution to multiple outlets on Thursday. Sources told the Wall Street Journal that Amazon founder Jeff Bezos helped Amazon decide on the amount. “Bezos is donating…
Opinions expressed by Entrepreneur contributors are their own. There are two things that Costco customers love: a great deal and yummy food. Well, a recent change at their bakery counter has failed on both fronts, according to angry Costco members. When a Reddit user posted this sign at their local shop, the butter knives came…
H-1B visa: There is a chance of increase in denial rates if Trump’s administration implements stricter policies. (AI image) H-1B visa approvals: Indian-based IT firms experienced a significant decline in H-1B visa approvals, with seven major companies receiving 7,299 petitions for new employment in fiscal year 2024, compared to 14,792 in FY2015, as revealed by…
