BIZARRE: 5 - You Need To See This

BMW to cut 8,000 jobs in Germany as AI-led restructuring takes shape

BMW plans to eliminate around 8,000 jobs in Germany as part of its cost-cutting restructuring plan. The German luxury automaker aims to enhance competitiveness amid challenges such as weak demand and increasing Chinese competition. It intends to cut management roles by 20% and streamline its organizational structure while focusing on…

The Economic Times · 6h ago

RBI eases bank stake rules, allows one-time approval for MFs, insurers for holdings up to 10%

The Reserve Bank of India (RBI) on Thursday finalised its July proposal to simplify bank shareholding rules, allowing eligible mutual funds, insurance companies and pension funds to seek one-time approval for subsequent acquisitions of major shareholding of up to 10 per cent in the same bank.

The Economic Times · 6h ago

What is Pentobarbital injection? The drug used in Christa Pike’s failed Tennessee execution has come under scrutiny

Christa Pike was set to be executed for the 1995 murder of Colleen Slemmer in Tennessee. On September 30, the state attempted execution with two doses of pentobarbital but failed to kill Pike. This incident has reignited scrutiny about the use of pentobarbital in executions and the ongoing issues with…

The Economic Times · 6h ago

In 2014, volunteers began hunting for unusual features in particle-collision images; by 2026, over 42,000 had examined nearly 39,000 pictures

Higgs Hunters has rallied over 42,000 volunteers to sift through large volumes of images captured by the Large Hadron Collider. These participants seek to uncover distinctive patterns following the landmark Higgs boson discovery in 2012. The initiative not only fosters a deeper comprehension of particle physics but also motivates volunteers…

The Economic Times · 6h ago

Indian-American Ajay Bhutoria appointed to California regulatory board

Ajay Bhutoria has been appointed as a public member of California's regulatory board for engineers and geologists. Governor Gavin Newsom announced the appointment, which does not require Senate confirmation. Previously, Bhutoria served as a Commissioner on President Joe Biden's Advisory Commission on Asian Americans. Bhutoria holds a Bachelor of Technology…

The Economic Times · 6h ago

In 1988, Patricia Bath patented a device that used a laser through a tiny 1 mm incision to remove a cataract, turning the procedure into a matter of minutes

Dr. Patricia Bath made a groundbreaking advancement in cataract surgery with her invention of the Laserphaco Probe, utilizing cutting-edge laser technology. This innovation paved the way for minimally invasive procedures, leading to significantly quicker recovery times for patients. Despite facing numerous obstacles in securing research resources globally, Bath co-founded the…

The Economic Times · 6h ago

Inox Clean Energy IPO papers kept in abeyance by Sebi

The Securities and Exchange Board of India has temporarily suspended the draft offer documents for Inox Clean Energy's upcoming initial public offering. The company aims to raise a substantial Rs 10,000 crore, including new equity shares and a sell-off from its promoters. With operations in renewable energy and solar manufacturing…

The Economic Times · 6h ago

Lieutenant General Mohit Seth takes over as White Knight Corps Commander

Lieutenant General Mohit Seth has formally assumed command of the White Knight Corps stationed in Nagrota, succeeding Lieutenant General P K Mishra. He highlights the importance of operational preparedness and fostering a united team spirit. Prior to this, Lt Gen Seth was the Commandant of the Indian Military Training Team…

The Economic Times · 6h ago

Smit Machchhar stabbed mid-air: Flydubai co-pilot accused of attack ‘prayed a lot’, refused to shake women’s hands; feared he could cause another 9/11

Smit Machchhar stabbed mid-air: The Flydubai Omani co-pilot who attacked Indian captain Smit Machchhar was an extremely religious persona and refused to shake hands with women, a colleague reportedly said. The accused staffer had very strange behaviour and he used to pray a lot. The pilot attacked Smit Machchhar but…

The Economic Times · 6h ago

2x pay for working on off day, events to roast CEO and more: Gen-Z founder shares 7 things that he claims will put other founders in a coma

A 25-year-old Chandigarh entrepreneur has shared his unconventional workplace practices, including paying employees 2X when they work on their days off, allowing staff to roast him and discussing company numbers openly. Pratham Jindal also said he prioritises employees over difficult clients and spends on month-end parties, describing the approach as…

The Economic Times · 6h ago