business news

Jasveer Singh, co-founder of the Join Hood App, recently caused a stir on social media after sharing a snapshot of his two-month electricity bill, totaling over ₹45,000. The hefty amount not only grabbed the attention of the online community but also left many in disbelief.

Investment banking giant Morgan Stanley has projected a substantial growth in India's infrastructure investments, forecasting a compound annual growth rate (CAGR) of 15.3% over the next five years. This significant increase is expected to result in a cumulative expenditure of $1.45 trillion (₹121.16 lakh crore) by 2028.

In a recent appeal to popular food delivery platforms Swiggy and Zomato, celebrity integrative lifestyle expert Luke Coutinho urged the companies to switch from plastic containers to biodegradable, non-plastic packaging for their food deliveries. Coutinho's request, posted on his Instagram handle, highlights the potential health risks associated with using plastic containers, especially for hot foods.

In an innovative move to enhance user engagement, Zomato CEO Deepinder Goyal has unveiled a new feature on the food delivery platform that allows users to view the live order count across India. Announced on X (formerly known as Twitter), the feature is designed to give customers a real-time glimpse into the platform's bustling activity right after they place their own orders.

In a significant move towards harnessing renewable energy sources, the Union Cabinet has given the green light to a ₹7,453 crore-Viability Gap Funding (VGF) scheme for offshore wind energy projects. This initiative, aimed at promoting sustainable energy practices, includes the installation and commissioning of 1 GW of offshore wind energy projects and the upgradation of two ports to meet logistics requirements.

India has ascended to become the third-largest domestic airline market globally, fueled by a decade of robust growth in its aviation sector. This significant rise, from the fifth position a decade ago, underscores India's rapid development in airline capacity and passenger traffic.

Ixigo's co-founder and CEO, Aloke Bajpai, has taken social media by storm with a nostalgic post showcasing the journey of the travel booking platform from humble beginnings to a successful Dalal Street debut. The post, titled "how it started" vs "how it's going," features two contrasting pictures that highlight the remarkable growth of Ixigo over the years.

The Indian jewellery retail sector has witnessed a remarkable surge, growing from $50 billion in 2018 to an impressive $80 billion (Rs 666,480 crore) in the financial year 2024, as per a recent report by Motilal Oswal Financial Services. This substantial growth is attributed to several key drivers that have propelled the industry forward.

Abhishek Bachchan, renowned Bollywood actor, has recently made a substantial real estate acquisition in Mumbai's Borivali area, purchasing six apartments in the prestigious Oberoi Sky City project developed by Oberoi Realty. According to property registration documents accessed by Zapkey.com, the total investment amounts to a staggering ₹15.42 crore.

The Life Insurance Corporation of India (LIC) is reportedly considering a strategic move to sell a portion of its premium commercial buildings and land assets across the country, aiming to raise a substantial amount of $6-7 billion (₹50,043-58,384 crore), as per a recent report by Mint.