Thursday, January 12, 2023

Apple CEO Tim Cook Takes 40 Percent Pay Cut, Will Earn $49 Million in 2023

Apple CEO Tim Cook is taking a 40 percent pay cut in 2023 and will earn $49 million (roughly Rs. 399 crore) for the year. Apple took the decision after they received investor guidance and a request from Cook himself to adjust his pay. For 2022, Cook received compensation of $99.4 million (roughly Rs. 809 crore), including $3 million (roughly Rs. 24 crore) in base sala...

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Auto companies push for easing of fuel efficiency norms

Automakers are urging the government to relax new CAFE III fuel efficiency norms, set to begin in April 2027, due to the low penetration of ...