Author: News Desk

Cochin International Airport (CIAL) is exploring the development of vertiport infrastructure to enable future air taxi services in Kerala, marking a significant step toward advanced urban air mobility. The airport has signed an agreement with urban air mobility startup Sarla Aviation to study the feasibility of integrating vertiports within or near the airport. The proposed air taxi network could connect Kochi to key destinations such as Munnar, Alappuzha, Kovalam, Sabarimala, and Thrissur, initially focusing on tourism, while also supporting medical and pilgrimage travel. Sarla Aviation is developing electric vertical takeoff and landing (eVTOL) aircraft, including models designed for air ambulance services, which could make emergency transport faster and…

Indian-origin entrepreneur Karishma Vijay has won the 2026 season of The Apprentice, securing a £250,000 investment from British business tycoon Lord Alan Sugar. Karishma emerged victorious after a competitive finale, impressing with her business strategy, presentation skills, and entrepreneurial vision. The show, known for testing business acumen through real-world challenges, awards the winner a partnership opportunity with Lord Sugar, making it one of the most prestigious platforms for aspiring entrepreneurs in the UK. Karishma, a beauty brand founder, stood out throughout the competition for her leadership and ability to deliver under pressure. Her final pitch played a key role in securing the investment.…

Bajaj Consumer Care reported a strong performance in the March quarter of FY26, with net profit more than doubling to about ₹63.6 crore, compared to ₹30.98 crore in the same period last year. The company’s revenue from operations rose over 30% to around ₹326–327 crore, driven by improved demand and better execution across its product portfolio. A major contributor to this growth has been its flagship product, Almond Drops hair oil, which continues to dominate the company’s portfolio and benefit from strong consumer demand. The company also saw controlled cost growth, with expenses rising at a slower pace than revenue, helping expand margins…

In a major boost to India’s agri-export sector, Ladakh has signed a Memorandum of Understanding (MoU) with LuLu Group International to export 1,000 metric tonnes of apricots to global markets. The deal marks a huge leap from just 1,500 kg exported over the past two years, highlighting the untapped potential of Ladakh’s horticulture sector. Under the agreement, LuLu will procure apricots directly from farmers and manage the entire value chain, including plucking, sorting, processing, packaging, transportation, and international marketing. The initiative focuses on promoting Ladakh’s premium varieties such as GI-tagged Raktsey Karpo and Halman apricots, known for their quality and taste. Officials say the partnership will help reduce post-harvest losses, ensure better pricing,…

Amazon is making a strategic return to China nearly seven years after exiting its domestic e-commerce marketplace, but this time with a completely different approach. Instead of competing directly with giants like Alibaba Group and JD.com, Amazon is now focusing on logistics and cross-border trade. The company has launched its first Global Warehousing and Distribution (GWD) centre in Shenzhen, aimed at helping Chinese sellers export products to global markets, especially the United States. This marks a major shift from its earlier strategy, which failed due to intense local competition, better delivery networks, and more localized services offered by Chinese platforms. Amazon is…

Tesla is reportedly preparing to launch a six-seater version of the Tesla Model Y in India, expanding its product lineup in the fast-growing premium EV segment. The new variant is expected to be based on the long-wheelbase Model Y, offering a three-row, 2+2+2 seating layout designed for families and long-distance travel. Compared to the standard Model Y currently sold in India, the upcoming version is likely to feature more cabin space, improved legroom, and enhanced comfort, especially for second- and third-row passengers. Globally, Tesla has already showcased this extended Model Y variant, which includes captain seats in the second row and easier access to the third…

Meta Platforms is reportedly preparing for a major round of layoffs, with around 8,000 jobs, nearly 10% of its global workforce, expected to be cut starting May 2026, according to reports. This move marks one of the company’s largest job reductions since its “year of efficiency” in 2022–23, when about 21,000 employees were laid off. Despite posting strong financials, over $200 billion in revenue and $60 billion in profit, Meta is restructuring to focus heavily on artificial intelligence (AI) and streamline operations. The company is aiming to build a leaner organisational structure with fewer management layers, increasing reliance on AI-driven tools and automation. Reports also suggest…

Navi Mumbai International Airport has quickly emerged as a major aviation hub, becoming the 9th busiest airport in India within just four months of operations. The airport, which began commercial operations on December 25, 2025, recorded around 393,000 departing seats in April, according to aviation data, placing it among the country’s top 10 busiest airports. Built with an investment of nearly ₹19,650 crore, the airport is designed to handle 20 million passengers annually in its first phase, with long-term plans to expand capacity to 90 million passengers per year by 2032. The rapid rise is largely driven by strong travel demand in the Mumbai Metropolitan Region…

Jio Platforms, the digital arm of Reliance Industries, is preparing for what could become India’s largest-ever IPO, targeting a fundraise of ₹40,000–50,000 crore. According to reports, the company is likely to file its draft red herring prospectus (DRHP) within the next few weeks, with plans to go public in the first half of 2026, subject to regulatory approvals. The IPO is expected to be largely an offer for sale (OFS), meaning existing investors may dilute a small portion of their stake rather than the company issuing new shares. Jio has been valued at around $180 billion, making it one of the most valuable digital companies globally.…

Uber has launched a new feature that allows customers to return purchased items directly from their doorstep, eliminating the need to visit stores physically. The service is integrated into the Uber Eats platform, where users can select an order, choose “return an item,” and request a courier to pick it up. The feature is currently limited to eligible retail items purchased via Uber Eats, and customers must follow the return policies of individual retailers. Participating brands include major stores like Target, Best Buy, and Petco, with more expected to join. Uber will charge a courier fee based on distance and time, and the…