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Time of India
6 days ago
- Business
- Time of India
How much does Apple pay its employees in AI, software and other roles?
The AI race is heating up and top companies are striving to retain their top AI talent. In the past one month, four senior AI researchers haves switched to Meta from Apple, forcing the tech giant to increase compensation for engineers in its Apple Foundation Models (AFM) group, according to a Bloomberg reports. Apple is lagging behind in the AI race even after launching Apple Intelligence in 2024. Siri's major revamp remains delayed, and Apple's AI search ambitions are still in early development. Explore courses from Top Institutes in Please select course: Select a Course Category Public Policy Others CXO Operations Management MCA Data Science Data Science Product Management Project Management Healthcare Design Thinking Management Leadership Degree Finance MBA Artificial Intelligence Skills you'll gain: Economics for Public Policy Making Quantitative Techniques Public & Project Finance Law, Health & Urban Development Policy Economics for Public Policy Making Quantitative Techniques Public & Project Finance Law, Health & Urban Development Policy Duration: 12 Months IIM Kozhikode Professional Certificate Programme in Public Policy Management Starts on Mar 3, 2024 Get Details Skills you'll gain: Economics for Public Policy Making Quantitative Techniques Public & Project Finance Law, Health & Urban Development Policy Duration: 12 Months IIM Kozhikode Professional Certificate Programme in Public Policy Management Starts on Mar 3, 2024 Get Details However, the company is hiring across machine learning and AI roles and is offering lucrative pay packages and perks like stock grants, product discounts, and flexible working conditions. While Apple does not publicly disclose salaries, a report by Business Insider shared filings for international hires. The filings reveal that AI and engineering roles are among the best-paid. Here is a look at Apple's salary ranges across various roles (base pay only, excluding stock grants and bonuses): Live Events Salary Range (USD) Machine Learning Engineer $143,100 - $312,200 Machine Learning Researcher $114,100 - $312,200 Data Scientist $105,550 - $322,400 Software Development Engineer (Applications) $132,267 - $378,700 Human Interface Designer $135,400 - $468,500 Hardware Systems Engineer $125,495 - $378,700 AR/VR Software Development $129,805 - $312,200 Software Engineering Manager $166,691 - $378,700 RF/Analog/Mixed Signal Engineer $131,352 - $312,200 Design Verification Engineer $103,164 - $312,200 While Apple's salaries are competitive, Meta's poaching spree highlights a broader 'talent war' in AI, where giants are racing not just for products, but for people.
Time of India
30-07-2025
- Politics
- Time of India
Reports on Nimisha Priya case inaccurate: Govt sources
Claims being made by a Kerala-based cleric about the case of Nimisha Priya, an Indian on death row in Yemen, are incorrect and any speculation on this sensitive matter should be avoided, government sources said on Wednesday. Kanthapuram AP Aboobacker Musaliyar, the Grand Mufti of India, claimed on Monday that Priya's death sentence has been overturned. Explore courses from Top Institutes in Please select course: Select a Course Category Public Policy Finance Project Management Data Science MCA Management Technology Others Design Thinking Artificial Intelligence PGDM Digital Marketing Data Analytics Cybersecurity Leadership Operations Management MBA Data Science healthcare Degree Healthcare CXO Product Management Skills you'll gain: Duration: 12 Months IIM Calcutta Executive Programme in Public Policy and Management Starts on undefined Get Details Skills you'll gain: Economics for Public Policy Making Quantitative Techniques Public & Project Finance Law, Health & Urban Development Policy Economics for Public Policy Making Quantitative Techniques Public & Project Finance Law, Health & Urban Development Policy Duration: 12 Months IIM Kozhikode Professional Certificate Programme in Public Policy Management Starts on Mar 3, 2024 Get Details Skills you'll gain: Economics for Public Policy Making Quantitative Techniques Public & Project Finance Law, Health & Urban Development Policy Duration: 12 Months IIM Kozhikode Professional Certificate Programme in Public Policy Management Starts on Mar 3, 2024 Get Details The sources said they have seen reports making claims regarding the case of Priya and that these are incorrect. "We urge people to avoid misinformation and speculation on the sensitive matter," one of the sources said. The clarification came after the Grand Mufti reportedly said the Prime Minister's Office and the Ministry of External Affairs are aware of his efforts in the Priya case. Live Events The 38-year-old Indian national's execution was scheduled for July 16, but it was postponed following the intervention of Indian officials. She is presently lodged in a jail in Sana'a, the Yemeni capital city that is under the control of Iran-backed Houthis. The nurse, hailing from Kollengode in Kerala's Palakkad district, has been found guilty of murdering a Yemeni citizen in July 2017. In 2020, a Yemeni court handed her the death sentence and the country's Supreme Judicial Council dismissed her appeal in November 2023. The MEA on July 17 said it is in touch with Yemeni authorities as well as certain friendly nations as part of efforts to reach a "mutually agreeable solution" in the case relating to Priya. India does not have any diplomatic presence in Yemen and diplomats in the Indian mission in Saudi Arabia were looking into the matter, it is learnt.
Time of India
29-07-2025
- Automotive
- Time of India
Harley-Davidson in talks to sell stake in financing unit: Report
Harley-Davidson is in talks with Pacific Investment Management Co and KKR & Co. to sell a stake in its financing unit and existing motorcycle loan portfolio in a deal worth $5 billion, Bloomberg News reported on Monday. Shares of the company were up 1.9% in extended trade. Explore courses from Top Institutes in Please select course: Select a Course Category Public Policy MCA Data Science Management Design Thinking Project Management Data Science Digital Marketing Operations Management Data Analytics Finance Technology Cybersecurity Leadership Healthcare Others Degree healthcare Artificial Intelligence CXO MBA Product Management Skills you'll gain: Economics for Public Policy Making Quantitative Techniques Public & Project Finance Law, Health & Urban Development Policy Economics for Public Policy Making Quantitative Techniques Public & Project Finance Law, Health & Urban Development Policy Duration: 12 Months IIM Kozhikode Professional Certificate Programme in Public Policy Management Starts on Mar 3, 2024 Get Details Skills you'll gain: Economics for Public Policy Making Quantitative Techniques Public & Project Finance Law, Health & Urban Development Policy Duration: 12 Months IIM Kozhikode Professional Certificate Programme in Public Policy Management Starts on Mar 3, 2024 Get Details Skills you'll gain: Duration: 12 Months IIM Calcutta Executive Programme in Public Policy and Management Starts on undefined Get Details Conversations are ongoing, and a deal may be announced within weeks, while details and size of it may change, the report said, citing people familiar with the matter. Reuters could not immediately verify the report. KKR and PIMCO declined to comment, while Harley-Davidson did not immediately respond to a Reuters request for comment. Harley-Davidson Financial Services , which helps dealers finance their investory and provides retail loans, primarily for the purchase of HarleyDavidson and LiveWire motorcycles, accounted for 20% of the company's revenue in 2024. Live Events Harley-Davidson's finance unit was put up for sale earlier this year, according to the report, as the motorcycle maker grappled with weak sales. The company, which warned of a hit to its full-year results from tariffs and suspended its 2025 forecasts, is set to report its second quarter results on July 30.
Time of India
24-07-2025
- Business
- Time of India
India opens govt procurement for UK firms; experts see it as strategic shift
New Delhi: India will offer concessions in government procurement to UK firms under the free trade agreement, a move experts see as a strategic shift away from using public procurement as a tool for domestic industrial development. After the UAE, India has opened its central government procurement (GP) for British companies under the free trade agreement signed on Thursday, subject to certain conditions. Explore courses from Top Institutes in Please select course: Select a Course Category Public Policy MBA Degree Operations Management Data Science Product Management Leadership Technology CXO Healthcare Digital Marketing healthcare Cybersecurity PGDM Data Science Management Others Design Thinking Artificial Intelligence Project Management Finance Skills you'll gain: Economics for Public Policy Making Quantitative Techniques Public & Project Finance Law, Health & Urban Development Policy Duration: 12 Months IIM Kozhikode Professional Certificate Programme in Public Policy Management Starts on Mar 3, 2024 Get Details Skills you'll gain: Duration: 12 Months IIM Calcutta Executive Programme in Public Policy and Management Starts on undefined Get Details British firms can now bid for tenders, and those with just 20 per cent UK content will be treated as Class 2 Local Suppliers under India's Make in India policy . by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Top 15 Most Beautiful Women in the World Undo Economic think tank GTRI said India is offering the "most extensive" concessions in government procurement to UK firms under the free trade agreement, marking a strategic shift away from using public procurement as a tool for domestic industrial development. The pact, officially called the Comprehensive Economic and Trade Agreement (CETA), was signed in London in the presence of Prime Minister Narendra Modi and his British counterpart Keir Starmer. Live Events For the first time, the Global Trade Research Initiative (GTRI) said, India will open about 40,000 high-value contracts from central ministries and departments in sectors such as transport, green energy, and infrastructure to UK bidders. British firms will be allowed to participate through India's Central Public Procurement Portal (CPPP) and the GeM platform, and will be granted national treatment for all covered procurements. Importantly, UK-origin goods with just 20 per cent domestic content will be treated as "Class II" local suppliers under India's Public Procurement Order (PPO), a classification previously reserved for Indian suppliers with 20-50 per cent local content. India has, however, retained the right to exclude sensitive areas like health, agriculture, MSME procurement, and low-value contracts. Under the agreement, India has granted unprecedented market access to UK suppliers in the government procurement chapter, which is a major shift from its traditionally protectionist approach, GTRI Founder Ajay Srivastava said. "This is the most extensive GP concession India has offered in any FTA to date and marks a strategic shift away from using public procurement as a tool for domestic industrial development," he said. The 20 per cent local content rule allows UK firms to use up to 80 per cent inputs from third countries, such as China or the EU, while still receiving preferential treatment, effectively diluting the benefits that programs like Make in India and Atmanirbhar Bharat were designed to protect. "The access given to the UK could also set a precedent for future FTAs with larger economies like the EU or US, potentially eroding India's ability to use public procurement as a lever for policy goals such as import substitution, domestic capacity-building, and employment generation," he said.
Time of India
24-07-2025
- Business
- Time of India
Capital SFB Q1 profit rises 7% despite higher bad loan provisions
Capital Small Finance Bank reported a 7% rise in net profit at Rs 32 crore for the first quarter of the fiscal as compared with Rs 30 crore in the year ago period even as its provision to cover bad loans rose nearly four-fold. Its operating profit was 21% higher at Rs 51.4 crore. Explore courses from Top Institutes in Please select course: Select a Course Category Public Policy Data Science Artificial Intelligence others Operations Management Data Science Project Management Data Analytics healthcare MBA Finance Cybersecurity CXO Management MCA PGDM Leadership Digital Marketing Degree Healthcare Product Management Others Technology Design Thinking Skills you'll gain: Economics for Public Policy Making Quantitative Techniques Public & Project Finance Law, Health & Urban Development Policy Duration: 12 Months IIM Kozhikode Professional Certificate Programme in Public Policy Management Starts on Mar 3, 2024 Get Details Skills you'll gain: Duration: 12 Months IIM Calcutta Executive Programme in Public Policy and Management Starts on undefined Get Details by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Remember Him? Sit Down Before You See What He Looks Like Now 33 Bridges Undo Total provisions for the quarter stood at Rs 8.8 crore as against Rs 2.4 crore earlier. The bank's gross non-performing assets ratio rose marginally to 2.74% at the end of June from 2.69% a year back. Net NPA was at 1.39% against 1.35%. Defaults by two NBFC-MFIs with a total Rs 15 crore outstanding led to the rise in NPA, executive director Munish Jain said. The bank has no direct exposure to the microfinance sector while it lends to NBFC-MFIs. "We intend to keep gross NPA below 2.6%," Jain told ET. "On the net interest margin front, our aim is to maintain it at 4.1%," he said. Live Events The bank's gross advances rose 16.4% year-on-year to Rs 7,437 crore while Deposits were up 17% Rs 9,110 crore.
