business news

An FIR has been lodged against Mahindra Group's Chairman, Anand Mahindra, and 12 others in Uttar Pradesh following a complaint by a man who lost his son in a car accident. The complainant alleges that Mahindra and the company provided "false assurances" regarding the car's safety features, which reportedly failed to deploy during the accident, leading to his son's tragic demise.

Amazon is making a substantial foray into the AI sector with a multi-billion-dollar investment in Anthropic, a prominent player in AI development. This move intensifies the competition with industry giants like Microsoft, Google, and OpenAI, as Amazon seeks to enhance its AI capabilities and bolster its Alexa voice assistant.

India takes a monumental step towards sustainable transportation with the inauguration of its first green hydrogen fuel cell bus in Delhi. The initiative, led by Indian Oil, aims to conduct trials of 15 fuel cell buses powered by green hydrogen, representing a significant leap towards low-carbon mobility solutions.

Tata Motors continues its commitment to eco-friendly practices by opening a new registered vehicle scrapping facility (RVSF) in Surat, with the capacity to recycle 15,000 vehicles annually using environmentally-friendly processes.

Sharad Pawar, the Nationalist Congress Party (NCP) chief, and industrialist Gautam Adani joined forces to inaugurate India's first Lactoferrin Plant in Gujarat. The inauguration took place at a factory located in the village of Sanand in Ahmedabad.

Resson Aerospace Corporation, the Canada-based associate firm of Mahindra & Mahindra, has dissolved amid diplomatic tensions between the two countries. Speculations surround the timing of this move, though no official statement has been issued by Mahindra & Mahindra.

In a recent development, Tesla has unveiled plans to manufacture and sell battery storage systems in India. The company submitted a proposal to Indian officials, seeking incentives to establish a battery storage factory as part of its ongoing efforts to expand its presence in the country.

Sumit Nagal, India's highest-ranked tennis player, opens up about his financial challenges while competing on the ATP Tour, shedding light on the difficulties faced by Indian tennis athletes.

NVIDIA collaborates with Infosys to establish an AI Center of Excellence, aiming to train and certify 50,000 Infosys employees in NVIDIA's AI technologies. The partnership focuses on leveraging generative AI applications and solutions to enhance enterprise productivity and develop AI-powered solutions in various sectors.

A Pizzeria in Italy faces backlash for charging 15 euros (over ₹1,300) to cut and serve a birthday cake brought in by a customer. The incident ignites a debate over cake-cutting fees and service charges.