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Too much power concentrated in hands of proxy advisory firms: Elon Musk

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  B illionaire Elon Musk said in a tweet that advisers that make recommendations to shareholders on how to cast their votes at company meetings had too much power because of their influence on passive investment funds. Musk's comments add to a long-running debate over whether such advisers have too much sway over corporate decision-making. In a tweet late on Monday, Musk said: "Far too much power is concentrated in the hands of 'shareholder services' companies like ISS and Glass Lewis, because so much of the market is passive/index funds, which outsource shareholder voting decisions to them." ISS, or Institutional Shareholder Services, declined to comment. Glass Lewis also declined to comment. Proxy advisers led by ISS and Glass Lewis give recommendations to clients such as pension schemes on how they should vote on everything from electing board members to signing off on executives' pay and perks.
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Mukesh Ambani, other global billionaires buy stake in Kushner’s Thrive

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  A group of global billionaires worth at least $123 billion are buying a stake in Thrive Capital, the venture-capital firm founded by Josh Kushner. India’s  Mukesh Ambani , Brazil’s Jorge Paulo Lemann and France’s Xavier Niel will join KKR & Co. co-founder Henry Kravis and Walt Disney Co. Chief Executive Officer Robert Iger in investing $175 million to purchase a 3.3 per cent stake in Thrive. “These extraordinary operators have built storied institutions, achieved geographic preeminence, ushered beloved brands to even greater heights, and pioneered entirely new industries,” Thrive said in a statement on Tuesday posted on Medium. The deal values Thrive at $5.3 billion, up from $3.6 billion in 2021, when it sold a stake to a unit of Goldman Sachs Group Inc., according to a spokeswoman for New York-based Thrive. Its total assets under management reached $15 billion last year. Thrive has repurchased the stake sold to Goldman Sachs and the stake held by the new syndicate is the same, T
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Pathaan Box Office Collection Day 1: Shah Rukh Khan Creates History as Pathaan Becomes Biggest Bollywood Opener Ever - Check Latest Update

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  Pathaan Box Office Collection Day 1:   Shah Rukh Khan  and Deepika Padukone are out to create history with their latest film.  Pathaan   is all set to storm the Box Office in a way that no Bollywood film could do in the recent past. The YRF actioner is looking at a mammoth collection on its opening day at the ticket window.       Pathaan  has gained over Rs 50 crore from its advance booking itself and that itself is a huge number for any Hindi film on the first day. The film's spot bookings are also terrific in India which means the Box Office collections are going to skyrocket today. The film has recorded the highest advance ever for a film in Hindi - both original or dubbed, reported the trade website Box Office India.  Pathaan  is the first Hindi film in history thave hit the screens with Rs 50 crore already in the pocket.   The opening day collections for the movie are going to be around Rs 60 crore. This makes   Pathaan   the biggest opener of all time in the Hindi belt, bea
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World's richest people: Gautam Adani NOT 3rd richest person in world, check list of Top 5 wealthy individuals

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    A  dani Group founder and billionaire businessman Gautam Adani is not among the three richest person in the world as Adani is now at fourth place on the Bloomberg Billionaires Index, a daily ranking of the richest people in the world. Adani’s net worth fell by USD 872 million in the last 24 hours. Amazon founder Jeff Bezos has bounced back to the third spot. Bernard Arnault (Louis Vitton) continues to be world’s richest person while Tesla founder Elon Musk is at second place. Reliance Group chairman and India’s second richest person Mukesh Ambani is now the 12 th  richest person in the world. Top 5 richest persons in world and their net worth 1.       Bernard Arnault -   USD 188 billion 2.       Elon Musk - USD 145 billion 3.       Jeff Bezos -  USD 121 billion 4.       Gautam Adani – USD 120 billion 5.       Bill Gates – USD 111 billion Bloomberg Billionaires Index is published by Bloomberg News and it releases daily rankings of the 500 richest individuals in the world.  The Index
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4 REASONS WHY YOUR RELATIONSHIP DIDN’T WORK OUT

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  In today’s time, everyone has gone through a bad breakup. I am sure that at some point in your life you may have gone through a rough break up. And, there may be many reasons why your relationship doesn’t work out. But one of the major cause of a relationship breaking is that you can’t see the mistakes you did in that relationship.  And, because of this, you can not improve them during the time. But it is still not late.  Let us tell you what are the causes that can lead to a breakup in relationships. NOT GIVING RESPONSE If you are not giving a good response to your partner on the new job, promotion or any other good news, then understand that your relationship is in danger. Keep in mind that giving the right responses to your partner at the right time strengthen the bonds of relationships. PARTNER KEEP TRACKS OF YOUR ACTIVITY Keep in mind that your partner keeps track of every activity you have. If you do not respond to them, even if you are active on social media, then it can be te
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