business news

Bollywood superstar Ranbir Kapoor is marking his 42nd birthday with an exciting new venture in the fashion and lifestyle arena. On this special day, the acclaimed actor has officially launched his lifestyle brand, ARKS, a significant milestone that he proudly embraces.

In a heartwarming display of parental pride, a scrap dealer has captured the internet's attention by gifting his son multiple iPhones, including the newly released iPhone 16, as a reward for his exceptional performance in board exams. A viral video showcasing this touching moment has captivated social media users, earning the father the affectionate title of "Dad of the Year."

A fire broke out at the Tata Electronics Pvt Ltd factory in Tamil Nadu early Saturday morning, officials confirmed. The fire occurred at a chemical storage area on the factory premises in Hosur. Despite the severity of the blaze, no casualties or injuries have been reported.

In a significant policy shift, the Indian government has lifted the ban on the export of non-basmati white rice effective immediately, as announced in a recent notification. The ban was originally imposed in July 2023 to ensure domestic rice supply and control prices amid concerns about food security.

A police case has been registered against an Indian Foreign Service (IFS) officer and her husband for allegedly defrauding a Lucknow-based doctor of over ₹64 lakh under the guise of investment. The incident has raised serious concerns about trust and integrity among individuals in esteemed positions.

Zomato co-founder Akriti Chopra has officially stepped down from her position after a notable 13-year tenure at the food delivery giant. Her resignation took effect on September 27, 2024, as confirmed by the company in a filing with the stock exchanges.

Mumbai: Renowned Bollywood producer Vashu Bhagnani has accused Netflix India of defrauding him of ₹47.37 crore over film rights, leading to an investigation by the Mumbai police's Economic Offences Wing (EOW). The complaint, filed by Bhagnani, alleges that the streaming giant failed to make payments for the rights to three of his recent Hindi films—Hero No 1, Mission Raniganj, and Bade Miyan Chote Miyan.

In a significant policy shift, Pavel Durov, co-founder of the encrypted messaging service Telegram, announced that the platform can disclose user data to authorities upon receiving valid legal requests. This revelation was made through a post on Durov’s Telegram channel, outlining updates to the service's terms and privacy policies.

A Dubai-bound Emirates flight encountered a significant incident at Chennai airport last night, with smoke billowing from the tail of the aircraft just before its scheduled departure. Fortunately, no passengers were on board at the time of the incident.

In a major development, the Securities and Exchange Board of India (SEBI) has imposed a ₹1 crore fine on Jai Anmol Ambani, son of industrialist Anil Ambani, for alleged irregularities in Reliance Home Finance. The market regulator accused Jai Anmol of approving unsecured loans amounting to ₹40 crore without exercising proper due diligence.