business news

Challa Sreenivasulu Setty officially took on the role of Chairman at the State Bank of India (SBI) on Wednesday, following the retirement of his predecessor, Dinesh Khara. SBI announced Setty's appointment in a regulatory filing, marking the start of his tenure at the helm of the country's largest lender.

The Enforcement Directorate (ED) has imposed a significant penalty of ₹908 crore on DMK MP S Jagathrakshakan and his family in connection with a case under the Foreign Exchange Management Act (FEMA). In addition to the fine, assets worth ₹89 crore have been confiscated by the agency

Australians can now legally ignore unreasonable after-hours work calls and emails under new government legislation that came into effect on Monday, marking a significant shift in workplace regulations. The law aims to protect workers from undue stress and ensure a better work-life balance.

An Australian scientist, Vincent Lyne, has reignited the mystery of Malaysian Airlines Flight MH370 by claiming he has pinpointed the plane's final resting place. The flight, which vanished on March 8, 2014, while en route from Kuala Lumpur, Malaysia, to Beijing, China, carried 239 passengers and crew. Its disappearance led to the largest and most exhaustive search in aviation history, yet the aircraft's whereabouts have remained unknown for nearly a decade.

Two men were arrested in southwest Delhi's Satya Niketan area on Sunday night after allegedly firing gunshots outside a cafe following a heated argument with the owner over seating arrangements.

A recent incident involving IndiGo Airlines has sparked outrage after a passenger's checked-in luggage, containing items worth ₹45,000, went missing on a flight from Kolkata to Guwahati. The passenger, Monik Sharma, faced additional frustration when the airline offered a compensation of only ₹2,450 for the lost items.

Chevron, a global leader in energy solutions, has unveiled a major investment plan for Karnataka, pledging ₹8,300 crore to establish its Engineering and Innovation Centre of Excellence (ENGINE) in Bengaluru. This move is set to significantly boost the state’s engineering and technology sector.

In a remarkable demonstration of the rapid advancements in quick commerce, a Bengaluru resident received a laptop at a Starbucks outlet in just 13 minutes, thanks to Flipkart Minutes, a new service recently launched in select areas of the city.

As Mumbai faces a sharp rise in dengue cases, industrialist Anand Mahindra has proposed an unconventional solution to address the crisis. On Saturday, Mahindra, the Chairman of the Mahindra Group, shared a video on X (formerly Twitter) showcasing a compact, laser-powered cannon designed to target mosquitoes.

Zomato has unveiled a new feature called 'Order Scheduling,' allowing customers to place orders up to two days in advance. Announced on Saturday, August 24, by Zomato CEO and founder Deepinder Goyal on his official X (formerly Twitter) account, the service aims to enhance convenience for users by providing more flexibility in meal planning.