Author: News Desk

India’s indigenous Light Combat Aircraft (LCA) Tejas has been developed to replace the ageing MiG-21 fleet, which has served the Indian Air Force (IAF) since the 1960s. Designed to match the MiG-21’s agility while incorporating modern technology, Tejas draws inspiration from the French Mirage series, combining a lightweight airframe with advanced avionics and multi-role capabilities. Air Chief Marshal (ACM) AP Singh, after his final MiG-21 Bison sortie, highlighted its importance and potential for future upgrades and training roles. Modern Design and Capabilities Tejas, developed by the Aeronautical Development Agency (ADA) with Hindustan Aeronautics Limited (HAL), features a small footprint for…

OpenAI has introduced its India-first Learning Accelerator to transform education through artificial intelligence, kicking off with a $500,000 collaboration with IIT Madras. The initiative will explore how AI can enhance learning outcomes, support innovative teaching methods, and align with cognitive neuroscience insights. Leah Belsky, VP of Education at OpenAI, highlighted the potential of ChatGPT in India: “Learning is one of the top uses of ChatGPT for students and adults across the country. Our focus is on making the platform more effective for Indian learners, including local language support and curriculum-aligned guidance.” Through this accelerator, OpenAI will distribute 500,000 ChatGPT licenses and provide…

When it comes to executive leadership, the world’s top CEOs do more than manage companies, they reshape industries, set global trends, and steer multibillion-dollar ecosystems. In return, they command compensation packages that reflect their strategic influence and massive shareholder value creation. Here’s a detailed look at the Top 10 Highest-Paid CEOs in the World in 2025, based on figures reported by The Times of India. Top 10 Highest-Paid CEOs in the World (2025) 1. Elon Musk – Tesla ($23.5 Billion) The world’s highest-paid CEO in 2025, Elon Musk, earns the majority of his staggering compensation through stock options tied to Tesla’s performance.…

Veteran Indian batter Cheteshwar Pujara has officially announced his retirement from all forms of cricket on August 24, 2025, at the age of 37. Known as India’s “Wall 2.0”, Pujara built a legacy around resilience, grit, and unshakeable focus in Test cricket. As of 2025, Pujara’s estimated net worth stands at around $3 million (₹26.5 crore). Much of this comes from years of service in India’s Test squad, earning match fees of ₹15 lakh per game under BCCI’s central contracts. Though absent from white-ball cricket in recent years, his long Test career ensured steady earnings. In the Indian Premier League,…

Larsen & Toubro Ltd (L&T) is sharpening its growth strategy around three core areas — defence, digital infrastructure, and power. Chairman and MD SN Subrahmanyan said these segments will define the company’s next phase of expansion. In digital, L&T has invested ₹2,200 crore in third-party data centres, including a 30 MW facility in Tamil Nadu, and plans to scale capacity to 100 MW. It has also entered GPU-based cloud services through a stake in Chennai startup E2E, which works with NVIDIA. On defence, L&T has expanded its scope under “precision engineering,” covering both military and space. Its K9 Vajra artillery…

Flipkart is set to expand its workforce by over 2.2 lakh employees ahead of the festive rush. The hiring drive spans 28 states and aims to strengthen supply chain, delivery, and customer experience operations. Focus on Diversity and Inclusion Ten percent of the new roles will be reserved for women, alongside opportunities for specially-abled individuals and members of the LGBTQIA+ community. Roles for Freshers Around 15% of the recruits will be freshers, filling entry-level positions such as pickers, packers, sorters, and delivery executives. Deployment Across Operations New hires will work across warehouses, delivery networks, team leadership roles, and customer experience…

In less than nine months since opening for commercial operations, Adani Group’s Vizhinjam International Seaport has crossed a major milestone, handling over 1 million twenty-foot equivalent units (TEUs). Operated by Adani Ports and Special Economic Zone (APSEZ), the port has not only exceeded initial expectations but is also reshaping India’s maritime landscape. At a ceremony marking this achievement, Kerala’s Ports Minister V. N. Vasavan highlighted that reaching 1 million TEUs in just nine months is a proud moment for both Kerala and India as an emerging maritime power. He also noted that the port’s second phase will start soon, with…

Business tycoon Sanjay Ghodawat stuns auto enthusiasts by adding Cullinan Series II, Ghost Series II, and Spectre EV to his collection. Three Rolls Royce Cars, One Owner For most people, owning a Rolls Royce is a lifelong dream. But Sanjay Ghodawat, chairman of the Sanjay Ghodawat Group (SGG), has gone a step further by taking delivery of three luxury Rolls Royce cars in a single day. The lineup includes the Cullinan Series II, Ghost Series II, and the all-electric Spectre EV, together valued at nearly ₹27 crore. A photo shared by Supercar Club India shows the three cars parked side by side with Ghodawat standing…

Tata Digital, the ecommerce arm of Tata Sons, has named Sajith Sivanandan as its new chief executive officer and managing director. He will take charge from September 1, 2025, according to an internal email sent to employees. His appointment comes after the exit of Naveen Tahilyani, who stepped down in May this year. The leadership gap had been temporarily managed through a council of senior executives reporting directly to the Board. Management Council Filled Interim Void To ensure continuity, Tata Sons chairman N Chandrasekaran had set up a management council of six senior leaders, including Hardeep Guru (CFO), Gaurav Hazrati…

Union Minister Piyush Goyal announced that the government has extended investment support of Rs 211 crore under the Fund of Funds for Startups (FFS) scheme, giving a push to India’s space-tech ecosystem. He said the initiative is helping homegrown innovators turn bold ideas into reality by providing critical resources. Innovation and Self-Reliance at the Core Sharing updates on X, Goyal noted that the Startup India programme is propelling advanced technologies and strengthening India’s position as a rising space power. Guided by Prime Minister Narendra Modi’s vision, he said the government’s focus is on innovation, youth-driven entrepreneurship, and self-reliance, with space…