Toyota Kirloskar Motor (TKM) is set to invest Rs 25,000 crore in a new automobile plant in Chhatrapati Sambhajinagar, Maharashtra, creating 24,000 jobs and producing 4 lakh vehicles annually.
Pavel Durov, Founder and CEO of Telegram, revealed on the app that he has over 100 biological kids. Fifteen years ago, a friend asked him to donate sperm due to fertility issues, and by 2024, his donations helped over 100 couples in 12 countries.
Ex-CFO of Infosys, Mohandas Pai, urged PM Modi on X to cancel the raised long-term capital gains tax, announced by Finance Minister Nirmala Sitharaman in the 2024 Budget.
Roshan Patel, CEO of Arrow, shared a Slack exchange on X. Patel suggested an employee take a day off. The employee replied, “My body is a vessel for the company.”
MapMyIndia sent a legal notice to Bhavish Aggarwal's Ola, accusing it of copying data to create Ola Maps, violating a 2021 license agreement. Ola launched Ola Maps in July, claiming it cut costs from ₹100 crore to zero.
The Indian Rescue Academy developed ITUS, a hi-tech water drone, to aid rescue operations during floods. ITUS can right itself, reach 20 knots speed, handle 1.25-meter waves, and carry 100 kg.
Aadit Palicha, CEO of Zepto, shared with ET Prime that media can influence enterprises, but success lies in execution. Despite a tough startup climate, Zepto raised $1.26 billion in three rounds, challenging Blinkit and Instamart.
Sanam Kapoor, quit his mediocre job to open La Pino'z, a pizzeria in Chandigarh. Competing with giants like Domino's, he grew La Pino'z to over 500 outlets by 2022, with global expansion on the cards.
WayCool Foods, a Chennai-based startup, has laid off over 200 employees after failing to secure funds. Previously, it laid off over 300 employees in July last year and 70 in February.