business news

“Rajnath Singh Asserts India’s 8.4% Growth Rate Achieved Under Vajpayee’s Leadership”

Lucknow, Dec 25 — On the 100th birth anniversary of former Prime Minister Atal Bihari Vajpayee, Defence Minister Rajnath Singh and Uttar Pradesh Chief Minister Yogi Adityanath unveiled a statue of the late leader at Kudiya Ghat along the banks of the Gomti River in Lucknow. The unveiling ceremony was part of a series of events organized across Uttar Pradesh to commemorate Vajpayee's contributions to the nation. The state government also observed the day as "Good Governance Day."

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Starbucks Employees Stage Nationwide Strike Over Wages, Staffing, and Working Conditions

Starbucks Employees Protest Over Wages and Labor Practices in Major US Cities

In a significant development, Starbucks employees in several US cities began a five-day protest on December 20, 2024, citing unresolved issues over wages, staffing, and working conditions. The protest, which resulted in the closure of Starbucks cafes in Los Angeles, Chicago, and Seattle, is set to expand to other cities like Columbus, Denver, and Pittsburgh by December 24, according to reports from Reuters.

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Adani Group Plans ₹20,000 Crore Investment for Thermal Power Plant in Bihar, Promising Thousands of Jobs

Adani Group to Invest ₹20,000 Crore in Thermal Power Plant in Bihar, Creating Thousands of Jobs

The Adani Group has announced plans to invest ₹20,000 crore to set up an ultra-super critical thermal power plant in Bihar, a project that is expected to significantly boost the state’s economy and create thousands of jobs. Pranav Adani, Director of Adani Enterprises, made the announcement on Friday at the Bihar Business Connect event in Patna, sharing the conglomerate’s ambitious investment roadmap.

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“Tata Consumer Refutes ‘Baseless’ Report Claiming Starbucks Is Exiting India”

Starbucks Denies Exit Rumors in India, Tata Consumer Calls Report 'Baseless'

Tata Consumer Products has strongly refuted a recent report claiming that Starbucks is planning to exit the Indian market due to high costs, losses, and growing competition from local coffee chains. The report, published on December 19 by Rajasthan-based media outlet The Philox, suggested that Starbucks could soon shut down operations in India, citing price-sensitive Indian consumers’ preference for cheaper local substitutes and the coffee chain’s struggle to turn significant profits in the country.

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“Vijay Mallya Asserts He Has Repaid Twice His Debt, Seeks Relief from Charges”

"Vijay Mallya Asserts He Has Repaid Twice His Debt, Seeks Relief from Charges"

Fugitive businessman Vijay Mallya has ignited a fresh controversy with his claims that the Indian banks have recovered more than double the amount of his debt. In a recent series of posts on X (formerly Twitter), Mallya argued that while the Debt Recovery Tribunal had adjudicated his Kingfisher Airlines (KFA) debt at ₹6,203 crore, including ₹1,200 crore in interest, banks had recovered ₹14,131.60 crore from him through the Enforcement Directorate (ED) and other agencies.

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