Category : Search result: losses


UP Power Losses Drop to 19.54%, Privatisation Opposed

Uttar Pradesh's power sector shows strong recovery as technical losses fall. Minister Shripad Naik details Rs 40,739 crore RDSS scheme impact. Consumer group calls privatisation 'unconstitutional'. Read more.

Hinton's AI Warning: Massive Job Losses Ahead

Geoffrey Hinton predicts AI will cause massive unemployment, clashing with views of Nvidia's Jensen Huang. He warns of economic upheaval as tech giants invest trillions. Read the full analysis.

CAG: 6 MP PSUs' Net Worth Eroded, Negative ₹42,410 Cr

A CAG report tabled in the MP Assembly reveals the alarming erosion of net worth in six state PSUs, with combined losses of over ₹42,410 crore. Details on power discoms, IT parks, and MSME development failures inside.

Meta to Slash Metaverse Budget by Up to 30%

Meta Platforms is planning deep cuts to its metaverse division, including Horizon Worlds, with potential layoffs. The shift comes as the company refocuses on AI. Read the full report.

PRTC Strikes Lead to Rs 14 Crore Loss in Punjab

Contractual employees of PRTC, Punbus, and roadways have struck work 15 times this year, causing massive revenue losses and disrupting bus services across Punjab. The core issue is the opposition to the kilometre scheme, seen as privatisation.

Kiyosaki Warns Biggest Market Crash Has Begun

Rich Dad Poor Dad author Robert Kiyosaki claims the biggest market crash has started due to AI-driven job losses. He recommends silver as the best investment option. Read his full analysis.

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