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Journalists at The New York Daily News and Forbes walked off the job on Thursday amid contentious contract talks with management and a difficult few weeks in the news industry. Both strike are historic: It's the first-ever at the business-focused magazine in more than a century, and the first at the storied newspaper in more than three decades, according to the NewsGuild of New York. The one-day strike at the Daily News coincides with Forbes walkout, which runs through Monday. In midtown Manhattan, dozens of Daily News staffers and their supporters picketed Thursday outside a small co-working space the newspaper's office since its lower Manhattan newsroom was shuttered in 2020 during the coronavirus pandemic. Founded in 1919, it was once the largest circulating newspaper in the country. Strikers marched around the building holding signs that read New York Needs Its Hometown Paper and Alden to News: Drop Dead, a reference to the tabloid's famous 1975 headline. They also put up a l
Nandan Nilekani, co-founder of Infosys, K P Singh, chairman emeritus at DLF, and Nikhil Kamath, co-founder of Zerodha, have been named on the 17th edition of Forbes Asia's Heroes of Philanthropy list released on Thursday. The unranked list "highlights business leaders who are donating from their fortunes and giving personal time and attention to their select causes", Forbes said in a press release. The annual list, which spotlights 15 philanthropists, does not include corporate philanthropy except for privately-held companies where the individual is a majority owner. Nandan Nilekani, co-founder and chairman of tech giant Infosys, have made it to the list for donating Rs 3.2 billion (USD 38 million) to his alma mater IIT Bombay in June, Forbes said, adding that the gift will be made over a period of five years. This was to mark his 50-year association with the technology institute, where he studied electrical engineering as an undergraduate. Since 1999, Nilekani has given Rs 4 bill