New Delhi, Nov 3: Social media giant Meta on Thursday said its India head Ajit Mohan has resigned from the company.
"Ajit has decided to step down from his role at Meta to pursue another opportunity outside of the company.
"Over the last four years, he has played an important role in shaping and scaling our India operations so they can serve many millions of Indian businesses, partners and people," Meta, Global Business Group Vice President, Nicola Mendelsohn said in a statement.
Sources said Mohan has resigned with immediate effect.
Mohan had joined Meta, which was earlier known as Facebook, in January 2019 from Hotstar.
"We remain deeply committed to India and have a strong leadership team in place to carry on all our work and partnerships. We are grateful for Ajit's leadership and contribution and wish him the very best for the future," Mendelsohn said.
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New Delhi: Gold prices dropped below ₹1,00,000 in India on Wednesday due to the potential of trilateral peace negotiations between Russia, Ukraine, and the US, reducing demand for safe haven assets, reported NDTV Profit.
The India Bullion and Jewellers Association said that gold prices were ₹99,530 per 10 grams, down from ₹99,650 on Tuesday. Investors are keeping an eye on US Federal Reserve Chair Jerome Powell's speech for a possible worldwide rate drop.
Gold had touched a high of ₹1,02,090 on August 10, since the last six months. The lowest level was ₹87,100 on April 7. City-wise, gold prices also registered declines. The rate slipped to ₹99,180 per 10 grams (from ₹99,290) in Delhi, while in Mumbai it eased to ₹99,350 (from ₹99,460). Bengaluru quoted gold at ₹99,430 and Kolkata at ₹99,220. The highest price was in Chennai, at ₹99,640 per 10 grams.
On the international market, spot gold was trading at $3,313 an ounce, World Gold Council data showed. Futures for October 3, delivery were 0.70 per cent lower at ₹98,710 on the Multi Commodity Exchange (MCX).
Silver prices also moved lower, correcting 0.86 per cent to $37.98 an ounce in global trade. On MCX, silver futures closed 0.82 per cent lower at ₹1,13,943 per kilogram. As per the India Bullion Association, silver stood at ₹1,13,920 per kilogram, while September 5 futures were marginally higher at ₹1,11,358.