business news

Tupperware Brands, the company famed for its revolutionary plastic food storage containers, has declared Chapter 11 bankruptcy, marking the end of an era for the iconic brand. The company, which transformed food preservation since its inception in 1946, announced its financial troubles following unsuccessful attempts to secure a viable acquisition offer and revive its core business.

A tragic incident in Hangzhou has highlighted concerns over the welfare of food delivery workers in China. A 55-year-old delivery man, known as Mr. Yuan, passed away while resting on his bike after enduring punishing 18-hour workdays. The incident occurred in early September and has sparked widespread discussion on social media about the working conditions and rights of delivery drivers.

In a landmark decision, the Union Cabinet, chaired by Prime Minister Narendra Modi, has approved a series of ambitious space missions totaling ₹31,772 crore, marking a significant boost to India's space exploration capabilities. The approval encompasses a comprehensive roadmap for the Indian Space Research Organisation (ISRO) extending up to nearly 2040.

Prime Minister Narendra Modi has inaugurated and laid the foundation stones for four significant railway projects in Odisha, totaling an investment of ₹2,871 crore. These initiatives aim to enhance rail connectivity, decongest key routes, and stimulate socio-economic development across the region.

The menace of wolf attacks continues to escalate in Uttar Pradesh, with the latest incident involving a 13-year-old boy who was viciously attacked while sleeping on the terrace of his home in Bahraich district.

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.