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The 15 best things to watch this weekend, from 'Deadpool & Wolverine' to the series premiere of 'Dune: Prophecy'

8 shows and movies to watch this weekend, from the return of 'Yellowstone' to 'The Penguin' season finale

Dear readers, As we approach yet another weekend, here are some key developments across various sectors. Nvidia has surpassed Apple to become the world’s largest company, driven by the AI boom. Meanwhile, the US Federal Reserve cut interest rates, by 25 basis points to 4.75%, the second such reduction in 2024. In the workplace, Gen Z’s approach to mental health got attention, with one employee taking a week off after a breakup. Additionally, Indian banks are expecting steady growth, despite challenges in unsecured lending. Read on for all the details! <h2>Top stories from the week </h2> Indian banks to have steady growth in earnings over next 3-4 years, fees from unsecured lending may dip, notes Jefferies report Jefferies forecasts steady earnings growth for Indian banks over the next 3–4 years, with a 13% annual loan growth rate. However, a decline in unsecured lending could reduce fee income. While net interest income is expected to grow at 12%, challenges such as rising defaults and a potential dip in rate cuts could affect profitability. Despite this, banks’ return on equity and assets remain promising. <a href="https://www.businessinsider.in/finance/news/indian-banks-to-have-steady-growth-in-earning-over-next-3-4-years-fees-from-unsecured-lending-may-dip-notes-jefferies-report/articleshow/115048179.cms" data-type="tilCustomLink" target="_blank">Read more</a> Nvidia becomes world’s largest company amid AI boom, surpasses Apple in the race Nvidia has surpassed Apple to become the world’s largest company by market capitalization, driven by the AI boom. The company’s strong performance is fueled by surging demand for its chips used in AI technologies. With a market cap hitting $3.43 trillion, Nvidia continues to dominate the AI hardware sector, powering data centres and AI research. The company’s revenue growth of 122% YoY further cements its leadership in the AI space. <a href="https://www.businessinsider.in/business/news/nvidia-becomes-worlds-largest-company-amid-ai-boom-surpasses-apple-in-the-race/articleshow/115003223.cms" data-type="tilCustomLink" target="_blank">Read more</a> ‘He had a breakup and took a one-week leave’: Manager shares about his Gen-Z employee, internet reacts A manager’s tweet about granting a Gen Z employee a week off for a breakup sparked widespread debate. While the manager expressed frustration over project delays, internet users defended the employee’s mental health needs, criticizing the manager’s lack of empathy. Some supported the manager’s view, pointing out generational differences in work culture. The incident went viral, furthering discussions about Gen Z’s unique workplace expectations. <a href="https://www.businessinsider.in/careers/news/he-had-a-breakup-and-took-a-one-week-leave-manager-shares-about-his-gen-z-employee-internet-reacts/articleshow/115041747.cms" data-type="tilCustomLink" target="_blank">Read more</a> US Fed cuts interest rates by 25 bps, Powell notes Trump’s victory to have no impact on policy decisions The US Federal Reserve has cut interest rates by 25 basis points to 4.75%, the second such reduction in 2024. Fed Chairman Jerome Powell emphasized the Fed’s independence despite Trump’s criticism and suggested that the economic outlook remains uncertain, though the Fed is focused on inflation targets. Trump’s policies may lead to higher inflation, adding complexity to the Fed’s efforts to stabilize prices. Experts anticipate that bond yields will stabilize, benefiting emerging markets like India. <a href="https://www.businessinsider.in/finance/news/us-fed-cuts-interest-rates-by-25-bps-powell-notes-trumps-victory-to-have-no-impact-on-policy-decisions/articleshow/115070690.cms" data-type="tilCustomLink" target="_blank">Read more</a> Big Tech’s winners and losers from Donald Trump’s win, according to the market After Donald Trump’s election victory, tech stocks surged, with companies like Tesla seeing significant gains. Tesla’s rise was fueled by Trump’s public support for CEO Elon Musk. Conversely, companies like Apple faced challenges due to fears over potential tariffs on China. While some, like Google, might benefit from lighter regulations, others like Meta could face political challenges. Overall, the election results reshaped market expectations for Big Tech’s future. <a href="https://www.businessinsider.in/tech/news/here-are-big-techs-winners-and-losers-from-donald-trumps-win-according-to-the-market/articleshow/115067798.cms" data-type="tilCustomLink" target="_blank">Read more</a> <h2>Top web stories</h2> <a href="https://www.businessinsider.in/entertainment/webstories/donald-trump-on-screen-a-look-at-his-iconic-cameos/slidelist/115045250.cms" data-type="tilCustomLink" target="_blank">Donald Trump on screen: A look at his iconic cameos</a> <a href="https://www.businessinsider.in/india/webstories/8-lifestyle-mistakes-contributing-to-health-problems-in-india/slidelist/115051791.cms" data-type="tilCustomLink" target="_blank">8 lifestyle mistakes contributing to health problems in India</a> <a href="https://www.businessinsider.in/travel/india/webstories/10-magical-indian-experiences-every-traveller-should-try/slidelist/115052527.cms" data-type="tilCustomLink" target="_blank">10 magical Indian experiences every traveller should try</a>

Weekend wrap: Nvidia’s AI-driven surge, Indian banks’ steady growth and more

Dear reader, Another week comes to an end, and with it, a fresh roundup of stories shaping the business and finance landscapes. This week, we explored data that challenges the idea that large IPOs automatically lead to large returns—18 of India’s biggest IPOs fell short of expectations. On the investment front, experts debunked the popular advice of ‘<keyword id="23577643" type="General" weightage="20" keywordseo="buying-the-dip" source="keywords">buying the dip</keyword>’ and suggest a better approach for long-term success. And in the world of <keyword id="19963428" type="General" weightage="20" keywordseo="quick-commerce" source="keywords">quick commerce</keyword>, recent incidents like bizarre notifications and uncalled-for freebies piqued social media's interest. For stargazers and romantics, the upcoming <keyword id="22852367" type="General" weightage="20" keywordseo="Hunters-Moon" source="keywords">Hunter’s Moon</keyword> offers a beautiful setting for a moonlit night. And for career climbers, we have insights from a <keyword id="21560867" type="General" weightage="20" keywordseo="product-manager" source="keywords">product manager</keyword> who landed a $180,000 role at <keyword id="19904352" type="General" weightage="20" keywordseo="Cisco" source="keywords" meta.keywordsubtype="org" meta.entityname="Cisco" meta.hostid="261" meta.entityid="Cisco">Cisco</keyword>, sharing <keyword id="21767233" type="General" weightage="20" keywordseo="resume-tips" source="keywords">resume tips</keyword> to help you stand out. Dive in, and enjoy this week’s highlights! <h2>Top stories of the week</h2> Do large IPOs guarantee large returns? Data suggests that 18 of India's biggest 30 IPOs did not generate solid returns A study of India’s top 30 IPOs reveals that a majority—18 of them—failed to deliver substantial returns to investors. Despite the hype surrounding large public offerings, data shows that a company’s size or popularity doesn’t always correlate with strong post-IPO performance. Investors are urged to manage their expectations and conduct thorough research before jumping into large IPOs, as high-profile launches don’t guarantee hefty returns. <a href="https://www.businessinsider.in/finance/news/do-large-ipos-guarantee-large-returns-data-suggests-that-18-of-indias-biggest-30-ipos-did-not-generate-hefty-returns/articleshow/114302378.cms" data-type="tilCustomLink" target="_blank">Read more</a> Free tomatoes to i-pill notification, recent quick commerce incidents that sparked outrage Recent incidents in India’s quick commerce sector have sparked widespread outrage, ranging from offering free tomatoes as promotional giveaways to sending unsolicited I-Pill notifications to customers. These occurrences highlight issues around <keyword id="19999043" type="General" weightage="20" keywordseo="consumer-privacy" source="keywords">consumer privacy</keyword>, safety, and inappropriate marketing strategies. As rapid delivery services continue to expand, so do concerns about their ethical and operational practices. <a href="https://www.businessinsider.in/business/news/free-tomatoes-to-i-pill-notification-recent-quick-commerce-incidents-that-sparked-outrage/articleshow/114315992.cms" data-type="tilCustomLink" target="_blank">Read more</a> Why "buying the dip" is not always good advice, and the right time to start is now The age-old investment advice of ‘buying the dip’ may not always hold true, especially in unpredictable markets. Experts argue that waiting for stocks to drop before investing could result in missed opportunities, as market timings are nearly impossible to predict. Instead, the best strategy for long-term investors may be to focus on consistent investing, with the right time to start being now. <a href="https://www.businessinsider.in/stock-market/news/why-buying-the-dip-is-not-always-good-advice-the-right-time-to-start-is-now/articleshow/114253456.cms" data-type="tilCustomLink" target="_blank">Read more</a> Why this week's Hunter's Moon is the ultimate backdrop for the perfect moonlit date night The upcoming Hunter’s Moon, which will grace the skies this week, offers the perfect opportunity for a romantic, moonlit night. This full moon is not only visually stunning but also holds cultural significance, symbolizing harvest and abundance. For those seeking an atmospheric, nature-infused experience, this celestial event promises to be the ultimate backdrop for a memorable date night. <a href="https://www.businessinsider.in/science/space/article/why-this-weeks-hunters-moon-is-the-ultimate-backdrop-for-the-perfect-moonlit-date-night/articleshow/114317181.cms" data-type="tilCustomLink" target="_blank">Read more</a> A product manager shares the résumé that helped him transition from consulting and land a $180,000 role at Cisco Transitioning from consulting to a high-paying role as a product manager at Cisco, one professional shared the resume that helped him land the $180,000 job. His strategic approach included tailoring his CV to highlight relevant skills and experiences, positioning himself as the perfect candidate for the tech giant. Aspiring product managers can take notes on crafting resumes that stand out in competitive job markets. <a href="https://www.businessinsider.in/careers/news/a-product-manager-shares-the-rsum-that-helped-him-transition-from-consulting-and-land-a-180000-role-at-cisco/articleshow/114232654.cms" data-type="tilCustomLink" target="_blank">Read more</a> <h2><h2>Web Stories </h2> <a href="https://www.businessinsider.in/international/webstories/india-canada-tussle-a-timeline-of-escalating-tensions-under-trudeaus-regime/slidelist/114283096.cms" data-type="tilCustomLink" target="_blank">India-Canada Tussle: A timeline of escalating tensions under Trudeau’s regime</a><a href="https://www.businessinsider.in/international/webstories/india-canada-tussle-a-timeline-of-escalating-tensions-under-trudeaus-regime/slidelist/114283096.cms" data-type="tilCustomLink" target="_blank"></a> <a href="https://www.businessinsider.in/international/webstories/the-weirdest-guinness-world-records-ever-set/slidelist/114288059.cms" data-type="tilCustomLink" target="_blank">The weirdest Guinness World records ever set</a><a href="https://www.businessinsider.in/international/webstories/the-weirdest-guinness-world-records-ever-set/slidelist/114288059.cms" data-type="tilCustomLink" target="_blank"></a> <a href="https://www.businessinsider.in/travel/india/webstories/from-amber-to-gagron-indias-unesco-world-heritage-forts-to-explore/slidelist/114282776.cms" data-type="tilCustomLink" target="_blank">Amber to Gagron: India’s UNESCO world heritage forts to explore</a> </h2>

Weekend wrap: IPO myths, quick commerce gone wrong and more

If you're a salaried employee or a business owner who can't leave for a trip whenever you want and need to plan ahead, August is a great time for a vacation. In <keyword id="21604710" type="General" weightage="20" keywordseo="August-2024" source="keywords">August 2024</keyword>, there are some exciting long weekends thanks to holidays like Independence Day, Raksha Bandhan, and Janmashtami. This means it's a perfect time for you to plan a trip! If you plan your leave carefully, you can get up to five days off in a row. We're here to help you plan your August holidays and suggest some great travel options. We'll tell you about the top destinations you can visit near <keyword id="66" type="General" weightage="20" keywordseo="Delhi" source="Orion">Delhi</keyword>, <keyword id="6358070" type="General" weightage="20" keywordseo="Mumbai" source="Orion">Mumbai</keyword>, and <keyword id="6354321" type="General" weightage="20" keywordseo="Bengaluru" source="Orion">Bengaluru</keyword> during these long weekends. <h2>Here's a breakdown of the long weekends in August:</h2> <div type="image" title="Calender" msid="112289713" hostid="261" sizebytes="143659" caption="&amp;lt;p&amp;gt;Breakdown of the long weekends in August 2024.&amp;lt;/p&amp;gt;"></div> Now, let's look at great places to visit near Delhi, Mumbai, and Bengaluru during these weekends. <h3>Near Delhi:</h3>Jaisalmer, Rajasthan Known as the "Golden City," Jaisalmer is famous for its stunning sandstone architecture and desert landscapes. Explore the Jaisalmer Fort, Patwon Ki Haveli, and the picturesque Sam Sand Dunes, where you can enjoy a camel safari and witness a beautiful sunset. Munsyari, Uttarakhand A hidden gem in the Kumaon region, Munsyari offers breathtaking views of the Himalayan peaks. It's a paradise for trekkers, with routes like the Milam Glacier and Khaliya Top. The quaint village atmosphere and stunning natural beauty make it a perfect escape. Pushkar, Rajasthan A small town known for its sacred Pushkar Lake and the famous Brahma Temple, Pushkar is a spiritual and cultural destination. The vibrant Pushkar Bazaar is great for shopping, and if you're visiting in November, don't miss the famous Pushkar Camel Fair. <h2>Near Mumbai:</h2>Goa A popular beach destination, Goa offers a mix of sun, sand, and vibrant nightlife. Visit the beautiful beaches of Baga, Anjuna, and Palolem, explore historic churches like the Basilica of Bom Jesus, and enjoy water sports. Goa's rich Portuguese heritage and delicious seafood are added attractions. <div type="Article" hostid="261" msid="109562865" title="Things to do in Goa in monsoon to make the most out of your trip" mstype="2" mssubtype="0"></div>Alibaug A coastal town with beautiful beaches, Alibaug is ideal for a relaxing weekend. You can visit Kolaba Fort, enjoy water sports, or just unwind at the various beaches like Alibaug Beach and Nagaon Beach. Matheran A charming hill station free of vehicles, Matheran offers peaceful walks through nature. The views from Panorama Point and Charlotte Lake are breathtaking. You can also explore the many viewpoints that offer stunning landscapes. <h2>Near Bengaluru:</h2>Hampi, Karnataka: A UNESCO World Heritage site, Hampi is renowned for its ancient ruins and temples from the Vijayanagara Empire. Explore the Virupaksha Temple, Vittala Temple with its iconic stone chariot, and the Hampi Bazaar. The landscape of giant boulders and ancient structures makes Hampi a unique and fascinating destination. Chikmagalur: A paradise for coffee lovers, Chikmagalur is a hill station surrounded by coffee plantations. You can trek to Mullayanagiri, the highest peak in Karnataka, visit the serene Hebbe Falls, and explore ancient temples. Mysuru: A city rich in history and culture, Mysuru is famous for its magnificent Mysore Palace. You can also visit Chamundi Hill, St. Philomena's Church, and the vibrant Devaraja Market. The Mysore Zoo and Brindavan Gardens are other popular attractions. SEE ALSO: <a href="https://www.businessinsider.in/travel/india/webstories/10-most-beautiful-hill-stations-to-visit-in-north-india-this-august/slidelist/112213767.cms" data-type="tilCustomLink" target="_blank">10 most beautiful hill stations to visit in North India this August</a>

Plan the perfect August 2024 long weekend: Getaways from Delhi, Mumbai, and Bengaluru

<ul class="summary-list"><li>The Polymarket "whale" betting on a Trump win had about $3 million in unrealized losses Monday morning.</li><li>The closely watched bettor had over $10 million in gains before Trump's odds declined last week.</li></ul>The "whale" placing big bets on Polymarket for Doland Trump to win the presidential election is in the red after <a target="_blank" class="" href="https://www.businessinsider.com/election-betting-markets-kamala-harris-gains-donald-trump-2024-11">betting odds shifted toward Kamala Harris'</a> over the weekend.According to data from Polymarket and compiled by Business Insider, the anonymous election bettor, who was recently revealed to be a trader from France, had about $3 million in unrealized losses on Monday morning <a target="_blank" class="" href="https://www.businessinsider.com/polymarket-whale-trump-vs-harris-betting-odds-polls-election-2024-10">across his four known accounts.</a>The bettor's unrealized gains and losses have seen volatile swings in the past week, accelerated by <a target="_blank" class="" href="https://www.businessinsider.com/harris-trump-iowa-polling-lead-swing-states-2024-11">a shock poll from Iowa</a> released over the weekend that had Kamala Harris ahead of the former president in the reliably red state.The Polymarket whale had unrealized gains of about $10 million toward the end of October before <a target="_blank" class="" href="https://markets.businessinsider.com/news/stocks/trump-trade-djt-bitcoin-harris-election-odds-betting-kalshi-polymarket-2024-11">Trump's betting odds began to sink.</a>The Polymarket account Theo4, one of four controlled by the whale, had the biggest loss across all of its bets, at a cumulative $2.5 million loss as of Monday morning.Much speculation has swirled about the identity and motivation of the person behind the accounts, with <a target="_blank" class="" href="https://www.businessinsider.com/trump-election-odds-polymarket-bets-polls-kamala-harris-2024-10">a number of theories</a> floated in recent weeks about what might be going on. However, <a target="_blank" class="" href="https://www.wsj.com/finance/trump-odds-polymarket-election-betting-whale-3d94bed3">in a report from The Wall Street Journal,</a> which made contact with the Polymarket whale, the person said the bets are simply a high-conviction view on the outcome of the election. "My intent is just making money," the man, who goes by Théo, said on a Zoom call with reporters from The Journal last week. "I have absolutely no political agenda," Théo said in an email to The Journal.Théo could see an $80 million payday if Trump wins the election, or he could lose all of the $30 million he has placed in various bets if Harris wins.The Journal noted that the person is stuck in the trades due to the massive size of his bets and the relatively low liquidity of the market. According to data from Polymarket, Théo controls about 25% of the contracts for Trump to win the Electoral College and more than 40% of the contracts for Trump to win the popular vote.If Théo were to liquidate those contracts before the election on Tuesday, he'd likely be unable to sell all of his positions at current prices, as too much selling pressure could push the price of the contracts substantially lower.For example, a hypothetical sale of Théo's 47 million shares for Trump to win the election would execute at an estimated average price of just $0.02, according to Polymarket, which would represent a 96% loss for the trader. Théo paid an average price of about $0.56 cents for the 47 million shares.Meanwhile, a hypothetical sale of Théo's nearly 20 million shares for Trump to win the popular vote would execute at an average price of less than a 10th of a penny, according to Polymarket, representing a near-total loss.With so much money on the line, Théo said he is feeling nervous, though he believes Trump has an 80%-90% chance to win the election."A surprise can always occur," Théo told The Journal.

The Polymarket 'whale' betting on a Trump win is down $3 million after Harris' odds jumped over the weekend

Dear Reader, Another week draws to a close, and there’s much to discuss across the business and tech world. As <keyword id="19981455" type="General" weightage="100" keywordseo="Ratan-Tata" source="keywords">Ratan Tata</keyword>’s passing sends ripples of emotional reflection throughout India, former employees of <keyword id="20050933" type="General" weightage="20" keywordseo="Tata-Cliq" source="keywords" meta.keywordsubtype="org" meta.entityname="Tata Cliq" meta.hostid="261" meta.entityid="Tata Cliq">Tata Cliq</keyword> opened up about how his leadership values shaped their careers. Meanwhile, the electric vehicle space saw turbulence as <keyword id="19897349" type="General" weightage="20" keywordseo="Ola-Electric" source="keywords" meta.keywordsubtype="org" meta.entityname="Ola Electric" meta.hostid="261" meta.entityid="Ola Electric">Ola Electric</keyword> faces rising customer complaints and a noticeable dip in market share—raising questions about the company’s once-stellar reputation. Additionally, with World <keyword id="19956983" type="General" weightage="20" keywordseo="mental-health" source="keywords">Mental Health</keyword> Day just behind us, we put the spotlight on the importance of mental well-being in high-pressure environments through insights from a former <keyword id="19902762" type="General" weightage="20" keywordseo="Google" source="keywords" meta.keywordsubtype="org" meta.entityname="Google" meta.hostid="261" meta.entityid="Google">Google</keyword> employee. And something seems to be off with the GenZ folk as they begin showing off their <keyword id="23513751" type="General" weightage="20" keywordseo="smartphone-pinkies" source="keywords">smartphone pinkies</keyword>. Join us as we dive into these stories and more, keeping you informed on the latest shifts in business and more. <h2>Top stories from the week </h2> ’My parents received a letter thanking them when I joined’: Ex-Tata Cliq employees recall Ratan Tata’s company culture Former employees of Tata Cliq recall how Ratan Tata’s compassionate leadership and values were ingrained in the company’s culture. Many employees never met him personally but felt his influence through practices that valued not only the workers but also their families. For instance, a former Cliq employee shared that her parents received a letter of thanks when she joined Tata Cliq, reflecting the deep respect the <keyword id="19924335" type="General" weightage="20" keywordseo="Tata-Group" source="keywords" meta.keywordsubtype="org" meta.entityname="Tata Group" meta.hostid="261" meta.entityid="Tata Group">Tata Group</keyword> held for its employees. <a href="https://www.businessinsider.in/business/article/my-parents-received-a-letter-thanking-them-when-i-joined-ex-tata-cliq-employees-recall-ratan-tatas-company-culture/articleshow/114118229.cms" data-type="tilCustomLink" target="_blank">Read more</a> The Ola Electric Saga: Are surge in complaints and declining market share a wake-up call for <keyword id="19914967" type="General" weightage="20" keywordseo="Bhavish-Aggarwal" source="keywords">Bhavish Aggarwal</keyword>? Ola Electric, once dominating India’s electric two-wheeler market, is now facing a surge in customer complaints and a sharp decline in market share. The company has been under fire for long wait times, unresolved technical issues, and customer dissatisfaction. The government has also issued notices for potential violations. Once holding nearly half the market, Ola’s share has fallen to 27%, with competition from legacy automakers Bajaj Auto and TVS Motors rapidly increasing. Is this a wake-up call for Ola’s founder Bhavish Aggarwal? <a href="https://www.businessinsider.in/business/auto/news/the-ola-electric-saga-are-surge-in-complaints-and-declining-market-share-a-wake-up-call-for-bhavish-aggarwal/articleshow/114120828.cms" data-type="tilCustomLink" target="_blank">Read more</a> <keyword id="19919711" type="General" weightage="20" keywordseo="Gen-Z" source="keywords">Gen Z</keyword> folk are showing off their ‘smartphone pinkies’ — and the images are horrifying A new trend called “smartphone pinky” is gaining attention, with Gen Z users flaunting bent or dented pinkies caused by holding their phones for extended periods. This quirky phenomenon is becoming a viral sensation on platforms like TikTok and Instagram. While some celebrate their “iPhone pinkies” as a badge of honour, medical experts warn that these habits could lead to more serious conditions like carpal tunnel syndrome and nerve damage. <a href="https://www.businessinsider.in/science/health/news/gen-z-folk-are-showing-off-their-smartphone-pinkies-and-the-images-are-horrifying/articleshow/114070817.cms" data-type="tilCustomLink" target="_blank">Read more</a> The Nobel Prize-winning ‘godfather of AI’ says he’s glad one of his students had a hand in ousting Sam Altman from OpenAI Geoffrey Hinton, a newly awarded Nobel laureate in physics and the “godfather of AI,” expressed pride that his former student, <keyword id="21285071" type="General" weightage="20" keywordseo="Ilya-Sutskever" source="keywords">Ilya Sutskever</keyword>, played a role in ousting Sam Altman from OpenAI. Hinton noted that Altman prioritised profits over AI safety, diverging from the original vision of OpenAI. Though Sutskever later expressed regret for his decision, Hinton’s remarks highlight the growing tensions within the AI industry. <a href="https://www.businessinsider.in/artificial-intelligence/news/the-nobel-prize-winning-godfather-of-ai-says-hes-glad-one-of-his-students-had-a-hand-in-ousting-sam-altman-from-openai/articleshow/114077932.cms" data-type="tilCustomLink" target="_blank">Read more</a> World Mental Health Day: Ex-Google employee shares tips on protecting mental health at the workplace, says he experienced stress and anxiety On World Mental Health Day earlier this week, former Google employee Nicholas Whitaker opened up about the stress and anxiety he faced during his 13-year tenure at the tech giant. He talked about the importance of setting boundaries, practising mindfulness, and aligning work with personal values to maintain mental well-being. <a href="https://www.businessinsider.in/careers/article/world-mental-health-day-ex-google-employee-shares-tips-on-protecting-mental-health-at-workplace-says-he-experienced-stress-and-anxiety/articleshow/114072724.cms" data-type="tilCustomLink" target="_blank">Read more</a> <h2>Top web stories</h2> <a href="https://www.businessinsider.in/travel/india/webstories/top-dussehra-getaways-from-delhi-escapes-for-the-festive-weekend/slidelist/114046437.cms">Top Dussehra getaways from Delhi: Escapes for the festive weekend</a> <a href="https://www.businessinsider.in/travel/india/webstories/vande-bharat-sleeper-trains-first-glimpses-show-snazzy-colours-and-comfortable-furnishings/slidelist/114068864.cms">Vande Bharat sleeper train’s first glimpses show snazzy colours, comfortable interiors</a> <a href="https://www.businessinsider.in/science/health/food/webstories/9-ways-to-curb-your-sugar-cravings-for-a-healthier-lifestyle/slidelist/113851201.cms">9 ways to curb your sugar cravings for a healthier lifestyle</a>

Weekend wrap: Ratan Tata's legacy, Ola Electric's woes, smartphone pinkies and more

Dear readers, As another week ends and festive season lights up India, the world of business, tech, and sustainability brings you some new stories to explore. <keyword id="19896956" type="General" weightage="20" keywordseo="Swiggy" source="keywords" meta.keywordsubtype="org" meta.entityname="Swiggy" meta.hostid="261" meta.entityid="Swiggy">Swiggy</keyword> is preparing for a grand IPO launch, expected to open on November 6, which could set the tone for India’s tech sector. Meanwhile, a Blinkit customer was in for a shock when he ordered a gold coin online. There was also a stark forecast that India could lose 25% of its economy by 2070 if immediate action isn’t taken. In addition to this, <keyword id="19974102" type="General" weightage="20" keywordseo="Amazon-Web-Services" source="keywords" meta.keywordsubtype="org" meta.entityname="Amazon Web Services" meta.hostid="261" meta.entityid="Amazon Web Services">Amazon Web Services</keyword> CEO was in the limelight for his comments on <keyword id="20294959" type="General" weightage="20" keywordseo="work-from-office" source="keywords">work from office</keyword> mandate. <h2>Top stories of the week </h2> Swiggy sets IPO price band between ₹371-₹390; offer likely to open on November 6 Swiggy has announced its initial public offering (IPO) price band, which will range between ₹371 and ₹390 per share. The much-anticipated IPO includes both fresh issues and an offer for sale, and it is expected to open on November 6. Swiggy’s move to go public this year highlights its growth trajectory as one of India’s top tech IPOs, with proceeds likely aimed at expanding its footprint and product offerings. <a href="https://www.businessinsider.in/stock-market/news/swiggy-sets-ipo-price-band-between-rs-371-390/share-offer-likely-to-open-on-november-6th-heres-all-you-need-to-know/articleshow/114722518.cms" data-type="tilCustomLink" target="_blank">Read more</a> “I was scammed, cried while talking to delivery executive,” man orders gold coin from Blinkit, claims to receive wrong item In a recent incident, a Delhi resident reported receiving a 0.5 gm gold coin instead of the 1 gm he had ordered from Blinkit. Despite sharing evidence and CCTV footage, Jain’s complaints were not addressed in time, as Blinkit’s support team said the complaint window had closed. The issue has sparked a social media discussion, highlighting concerns about quality control and customer service on e-commerce platforms. <a href="https://www.businessinsider.in/tech/news/i-was-scammed-cried-while-talking-to-delivery-executive-man-orders-gold-coin-from-blinkit-claims-to-receive-wrong-item/articleshow/114767787.cms" data-type="tilCustomLink" target="_blank">Read more</a> India could lose a quarter of its economy by 2070, here’s why A new report has forecast that India’s economy could shrink by up to 25% by 2070 due to unchecked climate risks. Key sectors across the country may face significant productivity and revenue losses if policies aren’t adapted to mitigate these impacts. This sobering projection calls for urgent action in sustainability efforts to protect India’s economy and ensure long-term resilience against climate-induced disruptions. <a href="https://www.businessinsider.in/sustainability/news/india-could-lose-a-quarter-of-its-economy-by-2070-heres-why/articleshow/114840631.cms" data-type="tilCustomLink" target="_blank">Read more</a> 'Find another company if it doesn’t work for you’: Amazon Web Services CEO on work from office mandate Amazon Web Services (AWS) CEO Adam Selipsky has reaffirmed the company’s commitment to a work-from-office mandate, even suggesting that employees unhappy with the policy may want to consider alternatives. AWS’s stance underscores Amazon’s prioritization of in-office work, aligning with its broader efforts to encourage collaboration. The decision comes as many tech firms continue to face challenges in balancing remote and in-office work. <a href="https://www.businessinsider.in/tech/news/find-another-company-if-it-doesnt-work-for-you-amazon-web-services-ceo-on-work-from-office-mandate/articleshow/114677655.cms" data-type="tilCustomLink" target="_blank">Read more</a> Partner pay at big 4 firms is dropping, the latest sign of the consulting slowdown A slowdown in the consulting industry is leading to notable reductions in partner pay at Big 4 firms. This comes as demand for consulting services sees a dip amid economic uncertainty, with firms choosing to cut back on bonuses and other expenses. This trend reflects broader economic pressures affecting consulting firms worldwide, forcing some to rethink their strategies and compensation models. <a href="https://www.businessinsider.in/finance/news/partner-pay-at-big-4-firms-is-dropping-the-latest-sign-of-the-consulting-slowdown/articleshow/114696160.cms" data-type="tilCustomLink" target="_blank">Read more</a> <h2>Top web stories </h2> <a href="https://www.businessinsider.in/travel/india/webstories/8-incredible-getaways-from-jaipur-this-november/slidelist/114769420.cms" data-type="tilCustomLink" target="_blank">8 incredible getaways from Jaipur this November</a> <a href="https://www.businessinsider.in/science/health/food/webstories/weight-loss-myths-debunked-facts-you-need-to-know/slidelist/114726093.cms" data-type="tilCustomLink" target="_blank">Weight loss myths debunked</a> <a href="https://www.businessinsider.in/thelife/webstories/9-budget-friendly-bhai-dooj-gifts-to-make-your-sister-feel-special/slidelist/114841910.cms" data-type="tilCustomLink" target="_blank">9 budget-friendly Bhai Dooj gifts</a>

Weekend wrap: Swiggy IPO price band, BlinkIt gold coin customer's ordeal, India's GDP woes, and more

Dear reader, This week’s news roundup captures a mix of finance, technology, and career insights, spotlighting trends and timely advice. The <keyword id="19895040" type="General" weightage="20" keywordseo="Real-Estate" source="keywords">real estate</keyword> sector in India continues to reign supreme in investment portfolios, even as new financial opportunities emerge. Meanwhile, <keyword id="20019820" type="General" weightage="20" keywordseo="Job-Seekers" source="keywords">job seekers</keyword> are dealing with “ghosting,” a new twist in recruitment echoing modern dating. In tech, a damaged satellite shows how fragile internet infrastructure can disrupt connectivity, while an <keyword id="23685266" type="General" weightage="20" keywordseo="Amazon-Engineer" source="keywords">Amazon engineer</keyword> offers a firsthand roadmap to nailing technical interviews. Read on to know about the top stories of the week gone by. <h2>Real Estate continues to dominate India’s investment portfolios, shows <keyword id="23616651" type="General" weightage="20" keywordseo="FICCI-Report" source="keywords">FICCI report</keyword></h2> According to a FICCI report, real estate remains a favourite in Indian investment portfolios. High returns, capital appreciation, and stability make it a popular choice, even amid increased diversification. <a href="https://www.businessinsider.in/finance/news/real-estate-continues-to-dominate-indias-investment-portfolios-shows-ficci-report/articleshow/114368582.cms" data-type="tilCustomLink" target="_blank">Read more</a> <h2>Did you experience wonky broadband service recently? A broken satellite in space might have something to do with it! </h2> Broadband disruptions across various areas may stem from a broken satellite, highlighting vulnerabilities in space-based infrastructure. This issue underscores how satellite failures impact daily internet access. <a href="https://www.businessinsider.in/science/space/article/did-you-experience-wonky-broadband-service-recently-a-broken-satellite-in-space-might-have-something-to-do-with-it/articleshow/114535180.cms" data-type="tilCustomLink" target="_blank">Read more</a> <h2>Bhavish Aggarwal's <keyword id="19897349" type="General" weightage="100" keywordseo="Ola-Electric" source="keywords" meta.keywordsubtype="org" meta.entityname="Ola Electric" meta.hostid="261" meta.entityid="Ola Electric">OLA Electric</keyword> says it has resolved 99% customer complaints after receiving CCPA show cause notice </h2> Two-wheeler manufacturer Ola Electric announced that it has successfully addressed 99.1% of the 10,644 complaints raised by the Central Consumer Protection Authority (CCPA). This update came on the heels of a recent notice from the CCPA, which had accused the company of misleading advertisements, unfair trade practices, and potential consumer rights violations. <a href="https://www.businessinsider.in/business/news/bhavish-aggarwals-ola-electric-says-it-has-resolved-99-customer-complaints-after-receiving-ccpa-show-cause-notice/articleshow/114489333.cms" data-type="tilCustomLink" target="_blank">Read more</a> <h2>Job Hunting in 2024 has a modern dating element: Ghosting </h2> Job seekers in 2024 face an unexpected trend — “ghosting,” a phenomenon borrowed from dating. Recruiters and candidates alike are leaving communication abruptly, signalling changing norms in the hiring process. <a href="https://www.businessinsider.in/careers/news/job-hunting-in-2024-has-a-modern-dating-element-ghosting/articleshow/114454697.cms" data-type="tilCustomLink" target="_blank">Read more</a> <h2>I'm a software engineer at Amazon. Here's my step-by-step guide to nailing the <keyword id="23685264" type="General" weightage="20" keywordseo="Technical-Interview" source="keywords">technical interview</keyword> and breaking into tech </h2>An Amazon software engineer has shared tips for acing technical interviews. The guide includes key interview stages and actionable strategies for breaking into tech, providing valuable insights for job seekers. <a href="https://www.businessinsider.in/tech/news/im-a-software-engineer-at-amazon-heres-my-step-by-step-guide-to-nailing-the-technical-interview-and-breaking-into-tech-/articleshow/114430281.cms" data-type="tilCustomLink" target="_blank">Read more</a> <h2>Web stories</h2> <h2><a href="https://www.businessinsider.in/travel/international/webstories/most-famous-tourist-spots-in-brics-nations/slidelist/114543399.cms" data-type="tilCustomLink" target="_blank"></a></h2><a href="https://www.businessinsider.in/travel/international/webstories/most-famous-tourist-spots-in-brics-nations/slidelist/114543399.cms" data-type="tilCustomLink" target="_blank">Most famous tourist spots in BRICS nations</a> <a href="https://www.businessinsider.in/india/webstories/cyclones-that-shook-india-a-history-of-devastation/slidelist/114514841.cms" data-type="tilCustomLink" target="_blank">Cyclones that shook India</a> <a href="https://www.businessinsider.in/science/health/food/webstories/9-refreshing-drinks-that-reduce-high-blood-pressure-levels/slidelist/114426482.cms" data-type="tilCustomLink">9 refreshing drinks that reduce high blood pressure</a>

Weekend wrap: Real estate dominates India's investment portfolios, interview tips from Amazon employee and more

Earlier this week, former US President Donald Trump revealed that Indian Prime Minister <keyword id="19895781" type="General" weightage="20" keywordseo="narendra-modi" source="keywords">Narendra Modi</keyword> is scheduled to meet with him next week. This potential gathering, set against the backdrop of Trump’s bid for a return to the White House, highlights how global leaders are positioning themselves in anticipation of possible changes in US leadership. “He happens to be coming to meet me next week, and Modi, he’s fantastic,” Trump said on Tuesday during a town hall event in Flint, Michigan, while discussing free trade and US job protection. He even went on to call India a “very big abuser” in trade, Al Jazeera reported. Most likely, Prime Minister Narendra Modi meeting up with Trump could be an acknowledgment of the latter's potential return to power in the November election, as foreign leaders carefully navigate diplomatic relations with key US political figures. However, neither the Trump campaign nor India’s Ministry of External Affairs have clearly commented on the matter yet, meaning that the Indian leader’s plans of a tête-à-tête with ex US President Trump are foggy at best. During a press conference, foreign secretary <keyword id="20181706" type="General" weightage="20" keywordseo="vikram-misri" source="keywords">Vikram Misri</keyword> said, "there are many meetings with the Prime Minister right now which we are trying to fix. Right now, I will not be able to tell you about any specific meeting, whether the meeting has been fixed or not." "We are looking from all angles as to how much time we have and with whom we can hold meetings. We will keep updating you about the meetings," he added. <div type="Article" hostid="261" msid="113444882" title="Trump says PM Modi will meet him during US visit, calls him &amp;#39;fantastic&amp;#39;" mstype="2" mssubtype="0"></div>What we do know with certainty is that Mr Modi is indeed scheduled to travel to the US over the weekend and his calendar is going to be jam-packed. His visit coincides with his planned participation at the <keyword id="23145156" type="General" weightage="20" keywordseo="Quad-Leaders-Summit" source="keywords">Quad Leaders Summit</keyword> (including representatives from Australia, India, Japan and the US) in Wilmington, Delaware, hosted by President Joe Biden. As per a White House official, the meet-up will feature "ambitious announcements in multiple areas such as maritime security, high-quality infrastructure and critical and emerging technologies to demonstrate the group’s endurance". Prime Minister Modi will have bilateral meetings with President Biden, Japanese Prime Minister Fumio Kishida, and Australian Prime Minister Anthony Albanese on Sunday, following the conclusion of the Quad Summit. A special event, the Cancer Moonshot initiative, is also scheduled on the sidelines of the summit. In his meeting with President Biden, India and the US are anticipated to sign several agreements, including those related to the Indo-Pacific Economic Framework and a memorandum of understanding (MoU) on drug frameworks. Foreign Secretary Vikram Misri stated that Modi and Biden will review the comprehensive global strategic partnership between India and the US, which spans over 50 areas of engagement and bilateral dialogue mechanisms. <div type="Article" hostid="261" msid="113085171" title="India is likely to benefit if Trump wins US elections, per Nomura Global Research" mstype="2" mssubtype="0"></div>Both leaders will also assess progress in areas of cooperation, though tensions remain due to the alleged assassination plot involving Khalistani leader Gurpatwant Singh Pannun. The investigation is ongoing, and India has formed a committee to examine the accusations. This visit may serve to ease some of the friction in the relationship. Defence cooperation remains a key area of collaboration between India and the U.S., including agreements on the procurement of 31 MQ-9B Predator drones, joint manufacturing of Stryker Infantry Combat Vehicles, and co-production of GE F414 engines in India. The Ukraine conflict is also expected to be a topic of discussion. Prime Minister Modi is supposed to attend the "Modi &amp; US" community event at the Nassau Veterans Memorial Coliseum in Long Island. The event, already overbooked with more than 24,000 Indian Americans registered for a venue with a capacity of 15,000, has attracted attendees from 42 states, especially the tri-state area. Additionally, PM Modi will allegedly lead a roundtable with CEOs of American companies working in fields like AI, quantum computing, biotechnology, and cutting-edge technology. Lastly, on September 23, Modi will address global leaders at the United Nations' Summit of the Future (SOTF) and is expected to hold bilateral meetings with other heads of state attending the UN General Assembly. Obviously, squeezing in a meeting with Trump and Democrat Candidate Kamala Harris (you know, to balance things out) seems unlikely given Mr Modi’s tight schedule. But we’ll have a clearer picture only in the coming days. <div type="Article" hostid="261" msid="111770277" title="PM Modi likely to address high-level UNGA session on Sep 26" mstype="2" mssubtype="0"></div>

Why is Indian Prime Minister Narendra Modi visiting the US this weekend?

<ul class="summary-list"><li>Baltimore, Boston, Honolulu, and other union hotel workers part of UNITE HERE are on strike.</li><li>A tracker updated Monday shows over 10,000 workers, such as some Hilton workers, are on strike.</li></ul>Over 10,000 hotel workers who are part of UNITE HERE — a union that includes people working for hotels, transportation, and several other industries — are on a multiday strike.A <a target="_blank" class="" href="https://unitehere.org/press-releases/huge-historic-strikes-possible-at-hilton-hyatt-marriott-and-omni-hotels-after-workers-across-u-s-vote-overwhelming-to-strike/">press release from UNITE HERE</a> before the strikes started said that workers in 12 US cities "have authorized strikes at Hilton, Hyatt, Marriott, and Omni hotel properties that are locked in unresolved contract negotiations."Workers in nine of the 12 cities are on strike, with all but one starting on Sunday. A tracker from UNITE HERE updated Monday morning showed 5,000 UNITE HERE members in Honolulu, almost 2,100 in San Francisco, and over 900 in Boston were on strike."We wouldn't have a day to rest, relax, and enjoy the fruits of the labor movement if our union predecessors hadn't stood up to fight for them — but that fight's not over," Gwen Mills, UNITE HERE's international president, said in a statement. "This year, hotel workers across the U.S. are celebrating Labor Day by fighting for raises, fair workloads, and the reversal of COVID-era service and staffing cuts."Bureau of Labor Statistics data showed the leisure and hospitality industry took far longer than the overall US labor market to surpass its employment seen in February 2020, after the US saw major job losses during the pandemic.<a target="_blank" class="" href="https://fred.stlouisfed.org/series/USLAH">Job gains</a> have been pretty low in <a target="_blank" class="" href="https://www.businessinsider.com/hiring-jobs-restaurants-hotels-leisure-hospitality-healthcare-government-2024-7">leisure and hospitality</a>, and the industry saw small employment declines in January and April. Still, the overall <a target="_blank" class="" href="https://www.businessinsider.com/unemployment-rate-job-growth-july-labor-market-economic-data-2024-7">labor market has been cooler</a>, and it might be more <a target="_blank" class="" href="https://www.businessinsider.com/why-youre-not-getting-hired-job-interview-resume-advice-tips-2024-8">difficult to get a job now than a few years ago</a>.Mills said the workers are on strike because "the hotel industry has gotten off track.""During COVID, everyone suffered, but now the hotel industry is making record profits while workers and guests are left behind," Mills said. "Too many hotels still haven't restored standard services that guests deserve, like automatic daily housekeeping and room service."Mills noted how what the hospitality workers are making affects workers' expenses and their households."Workers aren't making enough to support their families," Mills said. "Many can no longer afford to live in the cities that they welcome guests to, and painful workloads are breaking their bodies. We won't accept a 'new normal' where hotel companies profit by cutting their offerings to guests and abandoning their commitments to workers."The hotel tracker from the union shows workers on strike are from Fairmont Copley Plaza in Boston or different Hyatt, Marriott, and Hilton places. This includes workers from seven hotels in Honolulu, four in Boston, and five in San Francisco. Overall, the workers make up 25 hotels."Our colleagues are the heart of our business, and Hyatt has a long history of cooperation with the unions that represent our employees, including UNITE HERE," Michael D'Angelo, Hyatt's head of labor relations for the Americas, said in a statement. "We are disappointed that UNITE HERE has chosen to strike while Hyatt remains willing to continue bargaining in good faith."We have a history of offering competitive wages and benefits in each market, including comprehensive health care at little to no cost, as well as retirement savings," D'Angelo added. "We have offered competitive wages, health care and retirement benefits at the hotels that are on strike at this time, and colleague benefits and wages remain unchanged as we negotiate a new agreement. We look forward to continuing to negotiate fair contracts and recognize the contributions of Hyatt employees."According to UNITE HERE's tracker, workers on strike are from four Hyatt locations."Hyatt hotels have contingency plans in place to minimize impact on hotel operations related to strike activity," D'Angelo said.Workers from several different Hilton locations, such as workers from a San Diego location, are on strike."Hilton makes every effort to maintain a cooperative and productive relationship with the unions that represent some of our Team Members, and we remain committed to negotiating in good faith to reach fair and reasonable agreements that are beneficial to both our valued Team Members and to our hotels," a Hilton spokesperson said. "We are also fully committed to providing guests with our signature hospitality and our hotels have contingency plans in place to ensure operations continue to run as smoothly as possible."Strike dates include September 1 to September 3, except for Seattle and San Diego, which have strike dates listed as September 1 to September 2, and Baltimore, where workers started going on strike on Monday. 200 UNITE HERE members are on strike in Baltimore, working for Hilton Baltimore Inner Harbor."Strikes have also been authorized and could begin at any time in New Haven, Oakland, and Providence," a <a target="_blank" class="" href="https://unitehere.org/press-releases/10k-hotel-workers-strike-on-labor-day-baltimore-workers-begin-strike/">September 2 press release from UNITE HERE</a> said.Marriott and Fairmont Copley Plaza didn't immediately respond to Business Insider's request for comment.

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