Author: News Desk

The financial year 2024–25 saw a strong performance from Indian corporates, with public sector undertakings and major private players recording massive net profits. Leading the list are banking giants and state-owned firms, four of which feature in the top ten. Net profit, the amount a company retains after all expenses, remains a key indicator of corporate health. 1. State Bank of India (SBI) Net Profit: ₹77,561 croreIndia’s largest public sector bank leads the chart, backed by a 31% CAGR in net profit over five years. 2. HDFC Bank Net Profit: ₹70,792 croreThe top private sector lender ranks second, with a steady 21%…

The idea of a railway system in India was first considered in 1832, at a time when even Britain was still new to rail travel. The East India Company saw the strategic and economic benefits of introducing rail transport across British-ruled India. Approval for Private Participation After a decade with no significant progress, the British administration took a step forward. In 1844, then Governor-General Lord Hardinge allowed private companies to take the lead in developing the railway network in India. Creation of Key Railway Companies By 1845, two major railway companies came into existence—the East Indian Railway Company and the…

Raj Shamani was born on July 29, 1997, in Indore, Madhya Pradesh. Like many middle-class Indian children, he faced academic pressures and family expectations. However, by age 16, Raj was already showing his entrepreneurial spirit by selling products under his own brand, Jadugar Drop, while helping grow his father’s business, Shamani Industries. His efforts helped increase the company’s revenue twentyfold. Interestingly, public speaking was once his biggest fear, a skill that would later become one of his greatest strengths. Rise as a Content Creator and EntrepreneurRaj’s journey into digital media began with simple motivational videos on Instagram and YouTube. His…

Tamara Leisure Experiences has announced a major leadership change to support its continued growth. Effective June 16, 2025, Samir M.C. will step in as Chief Executive Officer, taking over from Shruti Shibulal. Shruti will transition into the role of Executive Vice Chair of the Board. Samir M.C. Brings 30 Years of Hospitality Experience Samir M.C., a veteran in the hospitality industry, brings three decades of experience in leading operations, managing stakeholder relationships, and driving regional expansion. He has previously held senior roles at ITC Hotels and InterContinental Hotels Group, where he focused on performance, profitability, and long-term value creation. Samir…

Southern Railway has announced temporary changes in train terminal points due to ongoing platform upgrade works at Chennai Egmore as part of the station’s redevelopment plan. Trains to Operate From Tambaram From June 20 to August 18, the following trains will depart from and terminate at Tambaram instead of Chennai Egmore: Charminar Express to Shift to Chennai Beach During this period, the Tambaram – Hyderabad Charminar Express will operate from Chennai Beach station, instead of Tambaram. Purpose of the Change These changes aim to facilitate the platform upgradation works underway at Chennai Egmore station as part of a broader redevelopment initiative by Southern Railway.

Sunjay Kapur served as the chairman of Sona Comstar, a Gurugram-based global manufacturer of auto components. Under his leadership, the company expanded to 12 manufacturing facilities and employed over 5,000 people across India, China, Mexico, Serbia, and the United States. Sona Comstar reported a 12% increase in revenue for FY2024–25, reaching ₹35.5 billion ($412 million), with electric vehicle (EV) components contributing around 36%. Sudden Demise During a Polo Match Kapur passed away at the age of 53 while holidaying in the United Kingdom with his family. He reportedly suffered a heart attack during a polo match, a sport he was…

Tata Group Chairman N Chandrasekaran addressed employees through an internal letter following the tragic crash of an Air India Boeing 787 Dreamliner in Ahmedabad. Describing 12 June as one of the “darkest days in the Tata Group’s history,” he expressed deep grief over the incident that resulted in over 240 deaths. Crash Details and Casualties The ill-fated flight, bound for London, crashed just seconds after take-off into a medical college in Ahmedabad. It was the first fatal crash involving the Boeing 787 model and became one of the deadliest air disasters in India. Everyone on board died except one passenger…

Bharat Forge’s journey into defence manufacturing began in 2012 with little recognition. At a Delhi defence expo, the company showcased its first artillery gun—only to be met with indifference and even laughter from Indian Army officials. “Not one person stopped to look. They didn’t believe an Indian company like Bharat Forge could make guns,” recalled Chairman Baba Kalyani in a New India Junction podcast. At the time, imported weapons were the norm and Indian private firms were rarely part of defence exhibitions. Defence Dreams Sparked by a Crisis The move into defence was inspired by the 2008 global financial crisis.…

A widespread claim has suggested that individuals can earn high monthly rent by allowing mobile towers to be installed on their property. However, Channeliam Fact Check has confirmed that this claim is false. The Department of Telecommunications (DoT) has officially warned the public against such misleading offers. DoT and TRAI Not Involved in Tower LeasingAccording to the DoT, neither it nor the Telecom Regulatory Authority of India (TRAI) has any role in leasing or renting private properties for mobile tower installation. They also do not issue any “No Objection Certificate” (NOC) for these purposes. Any offer that claims otherwise is likely a scam. No Advance Payment Needed…

On August 14, 2005, Helios Airways Flight 522 took off from Cyprus to Prague, with a stop in Athens. It was a Boeing 737. A few minutes after takeoff, many passengers began feeling unwell. The cabin pressure dropped, and people started experiencing discomfort. A freezing cold, like inside a freezer, spread through the cabin. Due to the lack of oxygen, everyone on board, including the passengers and crew, slowly lost consciousness. Even though everyone inside had fainted, the aircraft continued flying for nearly three hours on autopilot. Greek F16 fighter jets flew close to the plane, trying to contact the…