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.
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.
Radhika Gupta, CEO of Edelweiss Mutual Fund, warned on X that young people funding lavish lifestyles through risky trading may harm the economy if significant losses occur.