business news

India has seen a notable surge in wealth this year, with 200 Indians securing spots on the Forbes list of the world's billionaires, up from 169 in 2023. This surge reflects the growing prosperity and entrepreneurial spirit in the country, especially among women who are making significant strides in various industries.

In a humorous turn of events, an electric vehicle (EV) owner's excuse for being late to the office has caught the internet's attention. Pratik Rai, an EV owner, shared on social media that his scooter's update process caused him to miss work, leading to a wave of reactions and amusement online.

Sachin Bansal, co-founder of Flipkart, has been making waves in the fintech sector with his startup Navi, founded in 2018 shortly after his departure from Flipkart. In a recent interview, Bansal shed light on the intense work culture at Navi, where he dedicates 80 to 100 hours per week, including weekends, to the company's growth.

India is set to witness a major push towards electric mobility with the introduction of a new ₹500 crore scheme aimed at promoting the adoption of electric vehicles (EVs) across the country. The scheme, known as the Electric Mobility Promotion Scheme 2024 (EMPS 2024), is part of the government's efforts to accelerate the transition towards cleaner and greener transportation options.

Edtech giant Byju's has reportedly initiated layoffs via phone calls, opting to release employees without putting them through a performance improvement plan (PIP) or requiring them to serve a notice period. The company's decision has raised concerns and drawn attention to the impact on affected staff.

Varanasi, March 31, 2024: The recent opening of a Starbucks outlet in Varanasi, Uttar Pradesh, has caused quite a stir as a viral video showed a significant crowd queuing outside the coffee house. The video, shared on social media, has sparked a debate on coffee culture and consumer behavior in smaller towns.

Bengaluru, March 31, 2024: Infosys Ltd, one of India's leading IT services companies, has announced that it anticipates a refund of ₹6,329 crore from the Income Tax Department. This revelation comes after the company received orders for assessment years spanning from 2007-08 to 2018-19 during the quarter.

Mukesh Ambani, Chairman of Reliance Industries, lauded Shloka Mehta, daughter-in-law of the Ambani family, during his address at the Gems and Jewellery Exports Promotion event in Mumbai. The event, attended by industry leaders and dignitaries including Maharashtra Governor Ramesh Bais, showcased the achievements of the gems and jewellery sector and discussed its future prospects.

In a recent exchange on social media platform X, Anand Mahindra, the Chairperson of Mahindra and Mahindra, shared his insights on the importance of recognizing manufacturing heroes. This discussion was sparked by Elon Musk's post highlighting the lack of representation of manufacturing in popular culture compared to the focus on lone inventors.

A group of American professionals has accused Indian tech giant Tata Consultancy Services (TCS) of terminating their employment and replacing them with Indian workers on H-1B visas. The allegations, part of an ongoing debate about skilled foreign workers in the US, highlight concerns over the fairness and impact of the H-1B visa program.