business news

YesMadam Addresses Viral Email Controversy: “No Employees Were Fired, Just Given Time to De-Stress”

esMadam Addresses Viral Email Controversy, Clarifies No Employees Were Fired

YesMadam, an at-home beauty services startup, has responded to growing social media speculation following the circulation of a viral email that suggested the company had fired employees who expressed stress in an internal survey. The beauty services company issued a statement on LinkedIn, apologizing for the distress caused by the controversy and clarifying that no employees were terminated.

Read More »

Sanjay Malhotra Named New RBI Governor, Replaces Shaktikanta Das

Sanjay Malhotra Appointed as New RBI Governor, Replaces Shaktikanta Das

In a significant move, the Government of India has appointed Sanjay Malhotra, the current Revenue Secretary, as the 26th Governor of the Reserve Bank of India (RBI). The announcement was made on Monday through an official notification issued by the Centre's cabinet committee. Malhotra will succeed Shaktikanta Das, whose tenure is set to conclude on Tuesday.

Read More »

Chinese Woman Wins $1,400 by Staying Phone-Free for 8 Hours in Unique Contest

Chinese Woman Wins $1,400 in Unique Contest by Staying Phone-Free for 8 Hours

In a world where technology and smartphones are often seen as inseparable from daily life, one Chinese woman has managed to break free from her phone for an impressive eight hours, winning a unique competition designed to encourage mindfulness and digital detox. The contest, held in Chongqing, southwest China, challenged participants to disconnect from their phones and spend the day in a controlled environment.

Read More »

Entrepreneur Alleges Her Mother Was Robbed on IndiGo Flight, Airline Responds to Accusations

Entrepreneur Claims Her Mother Was Robbed on IndiGo Flight, Airline Responds to Allegations

Social entrepreneur Trisha Shetty, founder of the NGO SheSays, has accused IndiGo Airlines of mishandling a robbery incident involving her mother aboard one of their flights. According to Shetty’s post on social media platform X (formerly Twitter), her mother was robbed mid-flight on IndiGo flight 6E 17, and the airline’s crew allegedly failed to assist in filing a complaint.

Read More »

INS Tushil: India’s Cutting-Edge Multi-Role Warship Set to Be Unveiled in Russia

INS Tushil: India's Cutting-Edge Multi-Role Warship Set to Be Unveiled in Russia

The Indian Navy is set to unveil its latest addition, the INS Tushil, a multi-role stealth-guided missile frigate, on December 9, 2024, during a grand commissioning ceremony in Kaliningrad, Russia. The event will be attended by India's Defence Minister Rajnath Singh, who will be the chief guest, alongside senior officials from both Russian and Indian governments and defence sectors. This milestone marks a significant leap in the Navy's modernization efforts, reinforcing India’s defense capabilities.

Read More »

Centre Approves ₹944 Crore Relief for Tamil Nadu After Cyclone Fengal, More Funds Expected Post Assessment

Centre Approves ₹944 Crore Relief for Tamil Nadu After Cyclone Fengal, More Funds Expected Post Assessment

The Centre has approved ₹944.80 crore as part of the central share from the State Disaster Response Fund (SDRF) for Tamil Nadu, following the destruction caused by Cyclone Fengal, which hit the region on November 30. The Ministry of Home Affairs (MHA) confirmed the release of the funds in two instalments to assist the state government in its relief efforts for the people affected by the cyclone.

Read More »