Author: News Desk

Before joining IndiGo, Pieter Elbers served as the CEO of KLM, where he earned a total compensation package of €1.4 million (over ₹12 crore) in 2022. This included a salary of €480,543 and a transition payment of €894,214. A court ruling confirmed that Elbers was entitled to these payments, even under state aid restrictions imposed during the pandemic. KLM also bore an additional tax burden of €619,100 related to his severance payment. Pieter Elbers’ Salary at IndiGo After stepping into the role of CEO at IndiGo in June 2022, Elbers continued to command a significant pay package. In March 2023, he received performance stock units (PSUs) valued at…

The Padma Awards 2025 celebrate extraordinary contributions across fields, with a special spotlight on Osamu Suzuki, the visionary behind Suzuki Corporation’s global success in small car sales. Suzuki’s pivotal role in transforming India’s automobile industry through Maruti Suzuki has earned him the prestigious Padma Vibhushan. He brought affordable cars to Indian households, making the dream of car ownership a reality for the middle class. His impact extends beyond business, as he helped shape India’s industrial growth story, cementing his legacy as an icon of innovation and partnership. MT Vasudevan Nair, a literary giant in Malayalam literature, will be honored with the Padma Vibhushan posthumously…

In Thiruvananthapuram, the food scene is shifting. A new wave of entrepreneurs is replacing traditional indulgence with a focus on health-conscious eating. From salads and smoothies to oil-free platters, these local ventures are making nutritious food both accessible and appealing. The Start of a Movement For Vrinda Vinod, a 25-year-old entrepreneur, healthy eating became a way of life early on. Losing her grandfather to high blood pressure shaped her perspective. Encouraged by her mother’s creative approach to healthy cooking, Vrinda opened The Salad Bistro in November 2023. Operating out of Pattom, the cloud kitchen offers dishes crafted with care, balancing…

In September last year, plans surfaced for a massive data center project in Gujarat, with Reliance Industries aiming to create the “largest data center in the world.” Reliance is expected to source AI semiconductors from Nvidia, as part of their ongoing partnership. The two companies had earlier announced plans to build AI supercomputers and large language models (LLMs) tailored to India’s diverse languages, along with AI infrastructure across the country. Nvidia will supply its Blackwell AI processors for Reliance’s gigawatt-scale facility. Despite Reliance’s ambitious claim, global competitors like Start Campus in Portugal and major tech players such as Meta, Sailfish,…

A food startup founder recently shared an honest story about the challenges of growing too fast. His post on Grapevine highlights his six-year journey, from a small kitchen in Gurgaon to managing 78 cloud kitchens across India. It offers valuable insights into the difficulties of rapid growth and becoming too reliant on third-party platforms. Starting Small: The Beginning The journey started in 2018 when the founder, frustrated with the lack of healthy food options in Gurgaon, began making fresh salads for himself and his coworkers. He rented a small kitchen in Galleria Market with Rs. 8 lakh in savings and…

A Karnataka couple’s innovative double-decker car, which serves as their home during the Maha Kumbh 2025 at Prayagraj, has caught the attention of business tycoon Anand Mahindra. Known for his interest in creative vehicle modifications, Mahindra expressed his admiration for such ingenuity, especially when it involves transforming ordinary vehicles into living spaces. Transforming a Toyota Innova into a Mobile Home The couple’s car, a modified Toyota Innova, has been converted into a fully functional mobile home. The modifications cost them around Rs 2 lakh—Rs 1 lakh went into installing a rooftop tent, and the other Rs 1 lakh was used…

Saudi Arabia launched a new policy on January 21, aimed at ending forced labor wages, marking a significant milestone for migrant workers, including a large number of Indians. The Ministry of Human Resources and Social Development has taken the lead in creating a safer working environment, making Saudi Arabia the first country in the Gulf Cooperation Council (GCC) to comply with the International Labour Organization’s 2014 Forced Labour Convention. This policy is being hailed as a major step forward for worker welfare and will have a significant impact on the 2.6 million Indian nationals working in Saudi Arabia. Saudi Arabia’s…

Tata Electronics has acquired a 60% stake in Pegatron’s Indian unit, which operates an iPhone manufacturing plant in Tamil Nadu. This acquisition follows Tata’s earlier purchase of Wistron’s operations in Karnataka in March 2024, reinforcing its growing presence in the Apple supply chain. The financial terms of the deal remain undisclosed, but the move positions Tata Electronics as a key Apple supplier alongside Taiwanese manufacturers like Foxconn. Approval from the Competition Commission of India On January 7, the Competition Commission of India (CCI) gave its approval for Tata Electronics to take a majority stake in Pegatron Technology India. The approval…

The UAE is set to launch a high-speed train connecting Abu Dhabi and Dubai. Designed to enhance the country’s position as a pioneer in smart transportation, this bullet train project marks a major step in advancing the Middle East’s transport infrastructure. Fast and Efficient Travel Spanning over 100 km, the train will cover the distance between Abu Dhabi and Dubai in just 30 minutes, reaching speeds of 350 km/h. Passing through key landmarks and tourist hotspots, the project promises a seamless travel experience for both residents and visitors. Economic Impact of the High-Speed Train The Abu Dhabi to Dubai high-speed…

Kerala Startup Mission (KSUM) has teamed up with Business Finland for the upcoming Polar Bear pitching event in India, marking the first time the event’s regional round will take place in the country. Known for its unique presentation style, the Polar Bear event challenges startup founders to pitch while standing in freezing cold water. Agreement and Selection Process KSUM will sign an agreement with Business Finland and Business Oulu Group, the event organizers, to select eight to ten startups from Kerala to participate. KSUM CEO Anoop Ambika emphasized that this collaboration highlights Kerala’s prominence in India’s startup ecosystem, bringing more…