business news

Radhika Gupta, Managing Director and CEO of Edelweiss Mutual Fund, recently opened up about her decision not to own luxury cars, even though she can easily afford them. Speaking on a podcast, the Shark Tank India judge reflected on her middle-class upbringing and how her values shape her spending decisions, despite her financial success.

Adani Group has emerged victorious in a significant bid to supply 6,600 MW of electricity to Maharashtra State Electricity Distribution Company Limited (MSEDCL), marking a major achievement for the company. The contract, awarded at a rate of ₹4.08 per unit, is nearly ₹1 lower than the current procurement cost of electricity in the state.

The Titanic Museum in Tennessee has introduced a spine-tingling new feature that immerses visitors in the icy conditions endured by passengers during the Titanic's fateful voyage. The museum, which features a half-scale replica of the ill-fated ship, now offers an interactive experience that allows guests to feel the freezing water at -2 degrees Celsius, mirroring the temperature of the Atlantic Ocean on the night the Titanic sank.

Prime Minister Narendra Modi virtually inaugurated a series of development projects worth ₹660 crore on Sunday, highlighting a major boost to infrastructure and housing in Jharkhand. The projects include the launch of six Vande Bharat trains and several railway infrastructure developments.

The recent announcement of Punjabi singer Diljit Dosanjh's Dil-Luminati Tour India dates has sparked controversy over ticket pricing. Tickets for the tour, which went on sale earlier this week, sold out within minutes, but not without eliciting criticism from some quarters.

Ford Motor Company has announced its decision to resume operations at its manufacturing plant in Chennai, Tamil Nadu, signaling a strategic re-entry into the Indian market. This move marks a significant development, as the company had exited the Indian market in 2021 due to challenges in domestic sales and ceased exports in 2022.

Samsung Electronics is set to lay off more than 200 executives across various functions in its Indian operations, according to reports. The decision comes in response to a slowdown in business growth and declining consumer demand, which have adversely affected the company's sales performance in the region.

At Paytm's 24th Annual General Meeting (AGM), CEO Vijay Shekhar Sharma provided an insightful overview of the company's progress and future directions, emphasizing India's leading role in the global payments and digital revolution. Sharma also took the opportunity to extend his gratitude to Prime Minister Narendra Modi for his support and recognition of India's QR innovation.

The Indian Defence Ministry has inked a major ₹26,000-crore contract with Hindustan Aeronautics Limited (HAL) to supply 240 AL-31FP engines for the Indian Air Force's (IAF) Sukhoi-30 MKI fighter jets. This contract, cleared by the Cabinet Committee on Security, will ensure the continued operational readiness of the IAF’s Su-30 fleet, reinforcing the country's defence capabilities.

According to a report by Informa Connect Academy, Elon Musk, the CEO of Tesla and SpaceX, may become the world's first trillionaire by 2027. With a current net worth of $237 billion, Musk would need to grow his wealth at an annual rate of 110% to achieve trillionaire status within the next few years.