business news

The Navi Mumbai International Airport (NMIAL) marked a significant milestone on Friday with its first successful trial landing, paving the way for its expected operational launch early next year. An Indian Air Force C295 multi-role tactical airlifter made the inaugural landing on the airport's south runway, a moment celebrated with a water salute from the fire brigade and a spectacular flypast by Sukhoi 30 jets.

A man has been arrested for allegedly molesting a female co-passenger aboard an IndiGo Airlines flight traveling from Delhi to Chennai. The incident occurred on October 9, and the accused, identified as 45-year-old Rajesh Sharma, a marble tile layer by profession, was taken into custody upon the flight's arrival at Chennai airport.

In a significant leadership transition, Noel Tata, half-brother of the late Ratan Tata, has been appointed Chairman of Tata Trust, effective immediately after a board meeting in Mumbai. This change comes in the wake of Ratan Tata's death at the age of 86, which occurred in a Mumbai hospital on Wednesday, marking the end of an era for the Tata Group and Indian business at large.

Ratan Tata, the revered industrialist and philanthropist, passed away at the age of 86 on Wednesday in a Mumbai hospital, leaving behind a legacy that reshaped India’s industrial landscape. In honor of his contributions, the Maharashtra government has declared a day of mourning, and a state funeral is set to take place, reflecting the profound impact he had on the nation.

Air India captain Zoya Agarwal shared a touching memory of her encounter with Ratan Tata, the chairman emeritus of Tata Sons, following his passing at the age of 86. Tata, who passed away in Mumbai after a brief illness, left behind a legacy that has inspired millions through his business acumen, charitable initiatives, and scholarship programs.

On October 9, the Chief Minister's Office (CMO) in Bengaluru welcomed a high-profile delegation from the Maldives, led by President Mohammed Muizzu and First Lady Sajidha Mohammed. This visit marks a pivotal step towards strengthening trade ties between Karnataka and the island nation, focusing on sectors such as information technology, trade, and tourism.

In a significant move to bolster India’s defense capabilities, the U.S. State Department has approved the sale of MK 54 MOD 0 Lightweight Torpedoes to India. This arms deal, valued at $175 million, forms part of a broader package of military sales to three countries, including Romania and Italy, for a total of $965 million.

In a world where talent often struggles to break through the noise, Monish Rashiyani emerges as a champion for aspiring musicians. As the founder and owner of Talent Of Music, he has dedicated his life to bridging the gap between raw talent and opportunity, creating a platform where artists can thrive.

Passengers aboard Qantas flight QF59 from Sydney to Haneda, Japan, were left shocked when a technical glitch caused an explicit R-rated movie to be played on all in-flight screens. The incident, which occurred mid-flight, displayed the movie Daddio (2023), starring Dakota Johnson and Sean Penn, which features explicit sexual content and graphic nudity. This caused significant discomfort, particularly among families traveling with children.

Hon Hai Precision Industry Co., widely known as Foxconn, is set to significantly increase its server capacity in response to soaring demand for Nvidia Corp. chips, which are crucial for artificial intelligence (AI) development. The company's chairman, Young Liu, described the demand for the latest Blackwell chips as "crazy," aligning with comments made by Nvidia's Chief Executive Officer Jensen Huang regarding the growing AI investment landscape.