Standard Chartered will eliminate roughly 7,800 jobs by 2030, around 15 per cent of its corporate functions, as the Asia-focused lender leans on AI to slim down its back office. The bank employs nearly 82,000 people worldwide, and more than 52,000 of them sit in the corporate functions being targeted.CEO Bill Winters, the UK’s longest-serving…
NEW DELHI: In a classic case of how court proceedings are misused in matrimonial disputes– a woman agreed for a divorce and signed a financial settlement agreement for separation but she not only reneged from the promise after getting a substantial part of the money from her husband, but she also filed a criminal case…
Are Samay Raina and Medha Shankr dating? Viral video sparks fresh speculation Dating rumours surrounding comedian Samay Raina and 12th Fail actress Medha Shankr have resurfaced after the duo was reportedly spotted together in public once again. A viral video of the two has surfaced on social media, leaving fans wondering if there’s more than…
‘Dhurandhar: The Revenge’ is continuing its successful run beyond cinemas, with the film now winning over international audiences following its OTT debut. The action-packed sequel that debuted for streaming in international locations on Netflix, has already climed its way up to the Top 10 global charts, and going by the reviews pouring in, it has…
The World Health Organization’s Africa director on Friday warned against underestimating the risk posed by the ongoing Ebola outbreak in the Democratic Republic of Congo and neighbouring Uganda, saying even a single case could trigger wider transmission beyond the affected countries, Reuters reported.Speaking to Reuters in Geneva, Mohamed Yakub Janabi said it would be “a…
File photo of IPL franchise Rajasthan Royals. A consortium of Lakshmi N Mittal, Aditya Mittal and Adar Pooonawala has acquired the IPL franchise Rajasthan Royals and its sister entities (Paarl Royals and Barbados Royals) for approximately $1.65 billion, TOI has learnt. A press release to the effect is expected to follow soon.After regulatory checks including…
Dwyane Wade and Zaya Wade (Image Via Getty) Life after basketball has given former NBA star Dwyane Wade a very different kind of spotlight. Instead of championships and playoff pressure, Wade has spent the last few years speaking openly about family, parenting and supporting his daughter Zaya Wade after she came out as transgender. The…
Six men from Vadodara died and one was injured in a road accident Madhya Pradesh INDORE: At least six were killed and another critically injured after an out-of-control trailer travelling on the wrong side of the road collided head-on with their car on the Badnawar-Ujjain four-lane road near Panchkawasa village in Dhar district on Sunday…
Sriram Krishnan, the outgoing White House AI advisor to President Donald Trump, has put the blame on tech leaders of elite artificial intelligence (AI) Labs in the US for fueling a massive public backlash against the technology through their own ‘dystopian and doomer’ corporate messaging. In an in-depth interview with the Financial Times, the 42-year-old…
Nitish Kumar while leaving after attending a cabinet meeting at the Old Secretariat in Patna. Samrat Choudhary, who is now the Bihar CM, and others were also seen. (PTI photo) With Nitish Kumar stepping aside, Bihar’s political transition has unfolded much as expected since he announced his move to the Rajya Sabha. Once Nitish signalled…