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Elon Musk nears record-breaking $346 million payday as Tesla share surges SAN FRANCISCO: Tesla Inc Chief Executive Elon Musk is coming close to earning the first $346 million tranche of options in a record-breaking pay package, after the electric vehicle maker’s stock more than doubled in the last three months. Shares of Tesla surged 9% to a record high on Monday. They need to rise another 6% to put Tesla’s stock market value at $100 billion and then be sustained at that level for both a one-month and six-month average in order to trigger the vesting of the first of 12 tranches of options...

Jeff Bezos Has Been Called ‘Cheap’ for Donating Rs 4.8 Crore to Australian Bushfire Crisis Jeff Bezos, one of the richest people in the world and CEO of Amazon, has donated 1 million AU for the Australian bushfire crisis which have already killed at least 27 people and more than a billion animals over the last few weeks. Bezos, who is worth $117 billion, donated only 1 million Australian dollars, which can roughly be translated to 4.8 crores in INR or 690,000 dollars in US currency. He confirmed the donation in an Instagram post where he wrote, “Our hearts go...

Rohit Sharma wins Sportstar Aces 2020 Sportsman of the Year in cricket India opener Rohit Sharma was the recipient of the Sportstar Aces Sportsman of the Year in cricket for the year 2019. Sharma had his best year in terms of statistics across formats, scoring 1,490 runs in One-Day Internationals including seven hundred – the most by any player in the calendar year. Source: Sportster

Microsoft CEO Satya Nadella Said About Amended Citizenship Law Microsoft Chief Executive Officer (CEO) Satya Nadella today joined the rising chorus of international voices against the Citizenship Amendment Act, terming the emerging situation in India as “sad”. “I think what is happening is sad… It’s just bad… I would love to see a Bangladeshi immigrant who comes to India and creates the next unicorn in India or becomes the next CEO of Infosys,” Mr. Nadella told BuzzFeed editor-in-chief, Ben Smith. Source: ndtv

ICICI Bank seeks recovery of amounts from Chanda Kochhar The ICICI bank has approached the Bombay HC seeking effect to ‘termination of appointment’ of Chanda Kochhar as its managing director and CEO. In a monetary suit filed on 10 Jan, the bank sought dismissal of Kochhar’s petition and stated that the issue can be decided in a commercial suit. Source

Nobel Laureate Abhijit Banerjee on Budget: Fiscal deficit already breached, wouldn’t support consolidation now Ahead of the upcoming Union Budget on February 1, Nobel laureate Abhijit Banerjee Saturday said the fiscal deficit had been breached by a huge margin already and it wouldn’t be wise to follow the path of fiscal tightening at this juncture. “Fiscal deficit has been breached by a huge margin already. In that sense, I don’t think that it’s a big deal to breach it more. I wouldn’t be supporting fiscal tightening right now,” news agency ANI quoted him as saying. Source: The Indian Express

Fired Boeing CEO walks away with $62.2 million, loses bonus & stock options Ousted Boeing CEO Dennis Muilenburg, will walk away with $62.2 million, the company disclosed on January 10. He will however not get additional severance or a 2019 bonus and forfeits stock awards worth $14.6 million. Muilenburg, who spent more than 30 years at Boeing, also has unexercised stock options, worth more than $18.5 million at the closing price on January 10, which he has held since 2013. Source: Moneycontrol

Martin Sheen recites Rabindranath Tagore’s poem at climate change protest. Desi Twitter is proud Hollywood actor Martin Sheen recited Rabindranath Tagore’s poem Where The Mind Is Without Fear while addressing the audience at the Fire Drill Fridays event in Washington, DC on January 10. The event was a weekly climate change protest that is organised by Jane Fonda. On stage, Sheen exclaimed, “Clearly, the world will be saved by women. Thank God they outnumber us men,” while applauding Jane Fonda. In an encouraging speech, Sheen added, “We are called to find something in our lives worth fighting for. Something that...

Kangana On Hindi Diwas: Film World Made Fun of My English Bollywood actress Kangana Ranaut says the film world has always made fun of her English, despite which she has always kept Hindi as her priority. Kangana’s sister Rangoli Chandel took to Twitter on the occasion of Hindi Diwas on Friday, sharing a clip of the actress. In the video, Kangana is seen urging everyone to give importance to Hindi. She said in Hindi: “Today on Hindi Diwas, let’s take ‘Panga’ with English but with love. Hindi is our national language but the nation worries speaking it… ‘A,B,C’ comes out...

“I wished I were dead”: Iran’s Guard commander accepts responsibility for Ukraine plane shootdown An Iranian Revolutionary Guard commander on Saturday said his unit accepts “full responsibility” for the accidental shootdown of a Ukrainian passenger plane. In an address broadcast by state TV on Saturday, Gen. Amir Ali Hajizadeh says that when he learned about the downing of the plane, which killed all 176 passengers on board, “I wished I were dead.” Source: The Hindu