business news

Seven members of a family tragically lost their lives and three others remain missing after their SUV was swept away by a swollen seasonal rivulet in Punjab on Sunday. The incident occurred around 34 km from Hoshiarpur, in the Jaijon Choe rivulet, which had overflowed due to recent heavy rainfall affecting several parts of the state and surrounding regions.

According to the latest Barclays-Hurun India report, the Ambani family tops the list of the country's most valuable family businesses with an astounding valuation of ₹25.75 trillion, which constitutes nearly 10% of India's GDP. The report, which is based on company valuations as of March 20, 2024, excludes private investments and liquid assets while adjusting for cross-holdings to avoid double counting.

Bengaluru's Kempegowda International Airport (KIA) has achieved a remarkable milestone by securing seven prestigious awards at the Airport Food & Beverage (FAB) + Hospitality Conference and Awards held in Ontario, California. This accomplishment marks KIA as the first Indian airport to garner such a high number of accolades at this globally recognized event.

The Karnataka government, under Chief Minister Siddaramaiah, is set to introduce an innovative digital platform aimed at enhancing food ordering and service efficiency at Indira Canteens, as reported by The Times of India. This new system is designed to modernize how meals are ordered and picked up at these popular low-cost eateries.

The number of Indian students pursuing higher education abroad has seen a substantial increase, reaching 13,35,878 in 2024, according to recent data released by the Ministry of External Affairs. This marks a significant rise from 13,18,955 students in 2023 and 9,07,404 in 2022.

Quick commerce startup Zepto is set to shift its headquarters from Mumbai to Bengaluru, according to a recent report by Moneycontrol. The three-year-old company will be relocating its base from Powai in Mumbai to Sarjapur in Bengaluru, consolidating its operations into a new, larger office space.

In response to escalating political turmoil in Bangladesh, both IndiGo and Air India have canceled their flights to and from Dhaka. The cancellations come in the wake of a severe crisis triggered by the resignation and subsequent departure of Bangladesh's Prime Minister Sheikh Hasina.

IndiGo, India's largest airline, is celebrating its 18th anniversary with an 18% discount on flights and the introduction of a new business class product called ‘IndiGo Stretch’. The discount is available for bookings made through the IndiGo website and app using the code HAPPY18, valid until August 8, 2024.

Sanjeev Jain, CEO of Parsvnath Landmark Developers, was apprehended at Delhi's IGI airport following a dramatic 60-kilometer chase, according to the Delhi Police. Jain's arrest came in response to multiple non-bailable warrants issued against him for failing to appear before the National Consumer Disputes Redressal Commission (NCDRC).

A vintage photograph of Prime Minister Narendra Modi with Elon Musk's children has recently resurfaced on social media, sparking significant interest and reaction from the billionaire himself. The image, which was shared on X (formerly Twitter), shows PM Modi shaking hands with Musk’s children, Damian and Kaia, with a smiling Musk also visible in the frame.