business news

Financial services company Angel One has refuted claims of a recent data leak affecting nearly 8 million users, following reports of a significant breach. According to The Economic Times, a hacker allegedly accessed sensitive information, including names, addresses, and profit and loss statements of affected customers, which was subsequently posted on a website.

South Korean tech giant Samsung Electronics has announced that its production remains unaffected despite a three-day general strike by thousands of workers. The strike, which began on Monday, saw over 5,000 members of the National Samsung Electronic Union cease work as part of a prolonged dispute over pay and benefits.

In a surprising revelation, Zerodha co-founder Nikhil Kamath disclosed his significant investment in the liquor industry. Kamath, who has kept this investment private until now, shared on his podcast that he has invested in Lalit Khaitan's Radico Khaitan, known for popular brands such as Magic Moments vodka, 8PM Whisky, Old Admiral brandy, and Rampur single malt.

Paytm Founder and CEO Vijay Shekhar Sharma, speaking at the 7th JITO Incubation and Innovation Fund (JIIF) Foundation Day, likened his company’s recent setbacks to a personal tragedy, calling it an emotionally challenging experience.

Ola Cabs, one of India's leading ride-hailing services, announced a significant technological shift by replacing Google Maps with its own in-house Ola Maps. Founder and CEO Bhavish Aggarwal shared this development in a post on X (formerly Twitter), highlighting that this move would save the company ₹100 crore annually.

An innovative new technology that utilizes infrared light to detect veins has garnered attention after Anand Mahindra, Chairman of the Mahindra Group, shared a video showcasing its capabilities on social media.

Air India celebrated a milestone on Sunday as its inaugural Airbus A320neo aircraft, adorned in a fresh livery, touched down at the Indira Gandhi International Airport from Toulouse, France. The arrival marks a significant addition to the airline's fleet, promising enhanced passenger comfort and operational efficiency.

Mark Zuckerberg's unconventional celebration of Independence Day has stirred up a social media feud with fellow tech magnate Elon Musk. The Meta CEO's July 4th festivities, captured in a viral wakeboarding video, featured him clad in a tuxedo, proudly waving an American flag while enjoying a beverage.

Akshata Murty, wife of former UK Prime Minister Rishi Sunak, recently caught the public eye for her fashion choice during Sunak's farewell speech outside 10 Downing Street. The event followed a significant electoral defeat for the Conservative Party, prompting discussions not only about political outcomes but also about Murty's attire.

Finance Minister Nirmala Sitharaman is set to present the Union Budget for the year 2024-25 on July 23, marking a significant moment in Indian economic policy under Prime Minister Narendra Modi's third term. The announcement comes as the Budget session of Parliament is scheduled to commence on July 22 and conclude on August 12, as confirmed by Union Minister Kiren Rijiju.