business news

Thirteen-year-old Nikita from Basti district, Uttar Pradesh, showcased remarkable presence of mind when she used Alexa to scare away monkeys that had entered her house, preventing harm to herself and her niece. This act of quick thinking caught the attention of Anand Mahindra, Chairman of the Mahindra group, who praised Nikita's ingenuity on social media and extended a job offer for her future endeavors.

Vistara, the joint venture between Tatas and Singapore Airlines, has announced a strategic reduction in flight operations by 25-30 flights per day. This move aims to relieve the mounting pressure on pilots and improve the airline's on-time performance amidst recent operational challenges.

The Reserve Bank of India (RBI) has taken strict regulatory action against IDFC First Bank and LIC Housing Finance, imposing penalties for non-compliance with certain norms. Additionally, the RBI has canceled the certificate of registration of four Non-Banking Financial Companies (NBFCs) and received voluntary surrenders from five other NBFCs.

In a significant turn of events, Mark Zuckerberg has surpassed Elon Musk to become the third-richest person globally, marking the first time since 2020 that the arch-rival billionaires have held these positions.

Amazon India has officially unveiled its new online marketplace called ‘Bazaar’, aiming to capture the segment of affordable and unbranded products in competition with Softbank-backed Meesho and Flipkart's Shopsy.

In a remarkable achievement, 19-year-old Brazilian student Livia Voigt has earned the distinction of being the world's youngest billionaire, according to the 2024 Forbes Billionaires List. This year's list highlights the prominence of youth, with the 25 youngest billionaires all aged 33 or younger, collectively possessing $110 billion in wealth.

In a bid to enhance safety and authenticity on the social media platform formerly known as Twitter, X CEO Elon Musk has announced a series of measures aimed at combating bots and trolls. Musk hinted at potential legal consequences for offenders as X appointed new executives to oversee safety and brand protection efforts.

The Reserve Bank of India (RBI) has unveiled a significant initiative that will revolutionize banking transactions by enabling cash deposits through the popular Unified Payments Interface (UPI). This announcement was made during the first bi-monthly monetary policy of the current financial year by RBI Governor Shaktikanta Das.

n a strategic move, Prestige Group, a listed real estate firm, has acquired 21 acres of land in Whitefield, Bengaluru, for ₹450 crore. The company announced its plans to develop a sprawling residential project encompassing 4 million square feet of developable area, comprising approximately 1800 apartments, according to a regulatory filing.

Tesla has initiated the production of right-hand drive cars at its German plant for export to India, marking a significant step towards its potential entry into one of the world's largest car markets. This move comes as Tesla continues to focus on expanding its global presence and tapping into new markets.