Author: News Desk

Goh Cheng Liang, founder of Wuthelam Group and Singapore’s richest man, passed away at the age of 98 leaving behind a remarkable legacy in business property development and philanthropy. Born in Singapore in 1927 Goh spent his early years in a small rented room with his parents, three sisters and a brother. Despite these humble beginnings he later developed the iconic Liang Court property along River Valley Road Singapore’s first shopping centre in that area. Childhood Hardships During the WarDuring World War II Goh moved to Muar in Malaya helping his brother in law sell fishing nets. “My parents were…

Perplexity AI, led by Indian-origin CEO Aravind Srinivas, has made a surprising all-cash bid of $34.5 billion (₹3,02,152 crore) to acquire Google Chrome. This offer dwarfs Perplexity’s own $14 billion valuation and arrives amid growing U.S. antitrust pressure on Google, which includes proposals to force the sale of Chrome. While Google has not indicated any intention to sell its flagship browser, Perplexity’s bid is notable for its promises to keep Chrome open-source, invest $3 billion in the platform, and preserve default search engine settings. If successful, Perplexity would gain access to Chrome’s massive user base of 3 billion globally—significantly boosting…

Chennai is working on plans for a 53-km water metro along the Buckingham Canal, connecting Kovalam to Napier Bridge. Inspired by Kochi’s successful model, the project aims to cut road congestion, lower emissions, boost tourism, and improve flood management. The Water Resources Department, Chennai Unified Metropolitan Transport Authority (CUMTA), and Tamil Nadu Maritime Board are preparing a Detailed Project Report to assess feasibility, environmental impact, and costs, expected between ₹3,000 and ₹5,000 crore. Initial work will focus on restoring and desilting the Buckingham Canal between Cooum and Kovalam, setting up sewage treatment plants, and improving water flow. The service will…

Akasa Air will begin daily non-stop flights between Mumbai and Phuket, Thailand, starting September 20, 2025. This marks the airline’s entry into Southeast Asia and its sixth international destination. Bookings are open through the airline’s website, mobile app, and major online travel agencies. Strategic Route Addition Phuket’s popularity with Indian leisure travellers and its position as a regional trade and tourism hub make it a key addition to Akasa’s network. The route is designed to serve both tourist and business traffic between India and Thailand. Flight Schedule Network Expansion With Phuket, Akasa Air’s international network now includes Doha (Qatar), Jeddah…

Liquor major Radico Khaitan has joined forces with Bollywood superstar Shah Rukh Khan, his son Aryan Khan’s D’YAVOL Luxury Collective, and Zerodha co-founder Nikhil Kamath to launch D’YAVOL Spirits. The venture will focus on premium-quality alcoholic beverages with distinctive design and global appeal. Premium, Bottled-in-Origin ProductsD’YAVOL Spirits aims to create globally sourced, bottled-in-origin products that reflect regional authenticity. The brand will combine Radico Khaitan’s scale and industry expertise with D’YAVOL’s disruptive design ethos, targeting both Indian and international markets. Equity Stake and Strategic ControlRadico Khaitan’s board has approved the acquisition of a 47.5% equity stake in D’YAVOL Spirits B.V. (Netherlands) and…

Gautam Adani has re-entered the world’s top 20 richest list after a single-day jump of $5.74 billion (about ₹5.03 lakh crore) in his net worth. The Bloomberg Billionaires Index now values the Adani Group chairman’s fortune at $79.7 billion, signalling a strong rebound after recent market turbulence. Second Only to Musk in Daily GainsMonday’s market rally made Adani the day’s second-biggest gainer, just behind Tesla and SpaceX chief Elon Musk, whose wealth rose by $6.69 billion to $378 billion. While Musk’s fortune has fallen by $54.5 billion so far this year, Adani’s has grown by $1.01 billion in 2025, thanks…

American electric vehicle maker Tesla is ramping up its India plans, with a focus on expanding its supercharging network in Delhi-NCR, Mumbai, and Bangalore as it prepares to begin deliveries in the country by September 2025. New Experience Centre and Charging Station in Delhi Tesla on Monday opened its second India experience centre at Aerocity in New Delhi, alongside the city’s first Tesla Charging Station. The company plans to add superchargers in Gurugram and Noida, as well as another in Saket, according to Isabel Fan, Tesla’s Regional Director for South East Asia. Mumbai and Bangalore in Focus Delhi and Mumbai…

Adani Digital Labs (ADL), the technology division of Adani Airport Holdings Limited, has launched a series of initiatives designed to redefine how passengers experience Adani-managed airports in India. These moves aim to enhance convenience, comfort, and engagement, reinforcing Adani Airports’ leadership in digital innovation within aviation. A Digital-First Approach to Passenger ExperienceMs. Srushti Adani, Director of ADL, explained, “Our goal is to bring energy, fresh ideas, and unmatched expertise into our operations. This is the first phase of a larger strategy to deliver a truly digital-first experience for passengers. Every project we take on seeks to ease travel-related stress, offering…

Parliament has passed the Income Tax Bill, 2025, replacing the 1961 Act in what is the most comprehensive reform of India’s direct tax laws in over six decades. The law takes effect from April 1, 2026. Simpler Rules and Language The Bill reduces sections from 819 to 536, chapters from 47 to 23, and the word count from 5.12 lakh to 2.6 lakh. Dense text is replaced with 39 tables and 40 formulas for easier interpretation. Terms like “previous year” and “assessment year” are replaced with the single term “tax year.” Outdated provisions and language have been removed. Lower Compliance…

India is gearing up to run its first hydrogen-powered train, a move that will make it the fifth country in the world—after Germany, France, Sweden, and China—to adopt hydrogen rail technology. Railway Minister Ashwini Vaishnaw announced the milestone on X (formerly Twitter), sharing a first look at the train and calling it a step towards a “future-ready and sustainable India.” Most Powerful and Longest in the World According to Indian Railways, this will be the world’s most powerful and longest hydrogen-powered train, capable of carrying 2,600 passengers. Testing of the first hydrogen-powered coach was recently completed at Chennai’s Integral Coach…