business news

DK Shivakumar Urges Incentives for Aircraft and Helicopter Manufacturing in Karnataka at Aero India 2025

DK Shivakumar Urges Defence Minister for Aircraft, Helicopter Manufacturing Incentives in Karnataka

Karnataka Deputy Chief Minister DK Shivakumar has urged Defence Minister Rajnath Singh to provide incentives for aircraft and helicopter manufacturers to establish production facilities in the state and across India. Speaking at Aero India 2025, Asia’s largest aerospace and defence exhibition, held at Yelahanka Air Force Station in Bengaluru, Shivakumar emphasized Karnataka’s leading role in India's aerospace sector.

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Sukesh Chandrashekar Proposes $3 Billion Investment to OpenAI’s Sam Altman

Sukesh Chandrashekar, the infamous conman currently in judicial custody over multiple fraud and money-laundering cases, has made an unexpected investment proposal to OpenAI CEO Sam Altman. Chandrashekar, known for his extravagant claims, has offered to invest $1 billion immediately and an additional $2 billion over the next five years to support OpenAI’s operations in India.

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Kerala Two-Wheeler Scam: Hundreds Swindled, Main Accused in Custody

Hundreds Duped in Kerala Two-Wheeler Scam; Key Accused Arrested

Hundreds of people, mostly women, have fallen victim to a massive scam in Kerala, where they were promised two-wheelers and household appliances at half price under the pretext of corporate social responsibility (CSR) funding. The fraudulent scheme, which allegedly swindled crores of rupees, has led to over 10 FIRs being filed across multiple districts, with complaints continuing to pour in by the hour.

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“Vijay Mallya Files Petition in Karnataka High Court Over Alleged Excess Loan Recovery by Banks”

Vijay Mallya Challenges Excess Loan Recovery by Banks in Karnataka High Court

Fugitive businessman Vijay Mallya has approached the Karnataka High Court with a plea challenging the recovery of loans by Indian banks, claiming they have collected more than double the amount owed. Mallya, who is currently residing in London, is contesting the recovery of ₹14,000 crore by banks, despite his debt originally amounting to ₹6,200 crore.

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