business news

In a significant safety measure, Emirates Airline has announced a ban on pagers and walkie-talkies on all flights traveling to, from, or via Dubai. This decision comes in response to alarming incidents linked to the Lebanese militant group Hezbollah, which have raised security concerns in the region.

IndiGo Airlines is grappling with a significant technical glitch that has resulted in long queues at airport check-in counters and difficulties in booking tickets across its network. The issues began around 12:30 PM on Saturday and were confirmed by the airline approximately one hour later, as a "temporary system slowdown."

In a remarkable turn of events, Meta CEO Mark Zuckerberg has surpassed former Amazon CEO Jeff Bezos to claim the title of the world's second-richest person, with a net worth of $206.2 billion, according to the Bloomberg Billionaires Index. This achievement sees Zuckerberg outpacing Bezos's net worth of $205.1 billion, although he still trails Tesla CEO Elon Musk by nearly $50 billion.

In a shocking case from Kanpur, a couple has been accused of scamming elderly individuals out of a staggering ₹35 crore by promoting a fraudulent “Israeli-made time machine” that claimed to reverse the effects of aging. Rashmi and Rajeev Dubey, the alleged masterminds behind the scheme, opened a therapy center called ‘Revival World’ in Kidwai Nagar, where they advertised their dubious services, enticing vulnerable seniors with promises of rejuvenation through “oxygen therapy.”

In a shocking case of financial fraud, a fake State Bank of India (SBI) branch was discovered operating in the Sakti district of Chhattisgarh, duping locals and unemployed individuals of lakhs of rupees. The elaborate scam involved illegal appointments, counterfeit documents, and staged training sessions, all set up to deceive unsuspecting villagers and job seekers.

Cricketer-turned-politician Mohammad Azharuddin has been summoned by the Enforcement Directorate (ED) in connection with a money laundering case linked to the Hyderabad Cricket Association (HCA). Azharuddin, who previously served as the HCA president, is accused of misappropriating funds during his tenure, particularly relating to a sum of ₹20 crore allocated for essential infrastructure at the Rajiv Gandhi Cricket Stadium in Uppal, Hyderabad.

The Union Cabinet, led by Prime Minister Narendra Modi, has approved a performance-linked bonus (PLB) amounting to ₹2,028.57 crore for over 11.72 lakh Railway employees, which translates to 78 days' wages for staff including track maintainers, loco pilots, station masters, and technicians. Union Minister Ashwini Vaishnaw announced the decision, highlighting its role as an annual incentive aimed at enhancing railway performance.

In one of the largest drug busts in the national capital, Delhi police have seized over 560 kg of cocaine valued at nearly ₹2,000 crore. The operation, carried out in the Mehrauli area of South Delhi, resulted in the arrest of four individuals suspected to be part of an international drug syndicate allegedly run by Afghan nationals.

The Central Government has released ₹5,858.60 crore to 14 states impacted by severe flooding, heavy rainfall, and landslides during this year’s southwest monsoon season. The funds are sourced from the State Disaster Response Fund (SDRF) and include an advance from the National Disaster Response Fund (NDRF), as announced by the Ministry of Home Affairs (MHA) on Tuesday.

The Maharashtra government has officially approved the acquisition of approximately 256 acres of ecologically sensitive salt-pan land from the Centre to provide housing for residents in Dharavi who do not qualify for homes under the Adani Group-led Dharavi Redevelopment Project. This decision was made on Monday, following the Centre's consent for the transfer of three salt-pan parcels located in Kanjurmarg, Bhandup, and Mulund. The transfer was sanctioned on September 2 after a request from the state government.