Author: News Desk

Bajaj Auto is stepping into the electric rickshaw market with a new brand called Riki. The company will launch sales on August 10, starting in four markets, with a phased expansion planned over the next few quarters. Production Already Underway Production of the Riki e-rickshaw has already begun. Managing Director Rajiv Bajaj confirmed in an exclusive CNBC-TV18 interview that the rollout will follow a gradual approach, similar to the strategy used for Bajaj’s earlier electric three-wheeler, the Gogo. Focus on Product Perfection Before Scaling Bajaj emphasised that the company will wait a quarter or two before ramping up production. The aim is to…

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Ambuja Cements Ltd, owned by the Adani Group, is expected to place orders in China within the next two weeks for building two cement carriers and eight clinker carriers, in a deal estimated at about ₹2,500 crore. The company had earlier explored building the ships in India but dropped the plan after assessing capacity and delivery constraints at domestic shipyards. Team in China to Finalise Shipyards A team from Ambuja Cements is currently in China evaluating shortlisted shipyards. Sources say the announcement could come in 10–15 days. While it is not confirmed whether Adani Ports MD and Ambuja Cements Director…

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Indian Railways has achieved a historic milestone by operating its longest freight train to date, named Rudrastra, as part of an experimental run aimed at redefining freight efficiency in the country. A Record-Breaking 4.5 Kilometres Rudrastra stretched an impressive 4.5 kilometres, making it a standout feat in rail transport. The train consisted of 354 wagons, six rakes, and seven engines, covering a 200-kilometre route from Ganjkhwaja to Garhwa Road station under the East Central Railway’s DDU Division, passing through Dhanbad. Celebrations and Official Recognition Union Railway Minister Ashwini Vaishnaw announced the accomplishment on X, posting a video and noting, “Rudrastra – Bharat’s longest freight train…

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Quick-commerce startup Zepto has stepped into the online pharmacy space with a promise to deliver medicines in just 10 minutes. The announcement came from co-founder and CEO Aadit Palicha on LinkedIn. Initial Rollout in Four Major Cities The new service, named Zepto Pharmacy, is now available in select parts of Mumbai, Delhi NCR, Bengaluru, and Hyderabad. Palicha revealed that the company spent the past 12 months testing and refining the model before going public. He stressed that maintaining high operational standards will take priority over rapid expansion. Taking on Established Players With this move, Zepto is entering a competitive market…

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U.S. President Donald Trump has announced that he will meet Russian President Vladimir Putin next Friday, August 15, 2025, in Alaska for talks aimed at ending the war in Ukraine. In a post on Truth Social, Trump wrote, “The highly anticipated meeting between myself, as President of the United States of America, and President Vladimir Putin of Russia will take place next Friday, August 15, 2025, in the Great State of Alaska. Further details to follow. Thank you for your attention to this matter!” The Kremlin confirmed the date, with Putin’s aide Yury Ushakov stating that both leaders would focus…

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The Indian Air Force (IAF) is set to procure 110 BrahMos-A air-launched supersonic cruise missiles as part of a $7.64 billion defence purchase approved by India’s Defence Ministry. Along with 87 heavy-duty drones, this move highlights India’s push to modernize its military and boost strategic defense capabilities. BrahMos-A’s Combat Debut in Operation Sindoor The BrahMos-A missile made its combat debut during Operation Sindoor, where it successfully targeted and damaged key airbases and runways of the Pakistan Air Force (PAF). This marked a significant milestone for the missile system, showcasing its precision and destructive power. About the BrahMos-A Missile The BrahMos-A…

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19-year-old Mahmood Akram from Chennai, India, has stunned the world with his language abilities. Raised by his multilingual father Shilbee Mozhippriyan, who speaks 16 languages, Akram was introduced to various scripts and dialects early in life. Learned English in Just Six DaysAkram began learning Tamil and English at age 4 and shocked his parents by mastering English fluently in six days. By the time he was six, he had surpassed his father in ancient Tamil scripts like Vatteluttu, Grantha, and Tamizhi. Speaking 46 Languages, Typing in 400+By the age of eight, Akram had already learned 50 languages through self-study and…

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IPL team owners Kavya Maran and Sanjiv Goenka have teamed up to promote Olympic sports in India. Their collaboration is part of a larger effort to revive sports culture in Telangana through the Telangana Sports Development Fund (TSDF). Kavya Maran’s Investment in Sunrisers Hyderabad Kavya Maran, through her Sun TV Group, purchased the Sunrisers Hyderabad IPL franchise for Rs 85 crore from BCCI. By 2024, the team’s valuation reached approximately Rs 735 crore. Kavya Maran’s reported net worth is over Rs 400 crore. Sanjiv Goenka’s Role and Investments Sanjiv Goenka owns the Lucknow Super Giants IPL team. He made headlines…

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Mukesh Ambani-led Reliance Industries disclosed key details about the compensation of its directors in its Annual General Meeting (AGM) report released on August 7, 2025. The filing with the Bombay Stock Exchange (BSE) revealed the earnings of both non-executive and full-time directors for the financial year 2024-25 and projections for 2025-26. Equal Compensation for Ambani Siblings The report showed that Anant Ambani, Isha Ambani, and Akash Ambani each received ₹2.31 crore in total remuneration during 2024-25. This amount includes sitting fees and commission paid to them as non-executive directors. Mukesh Ambani’s Salary Details Mukesh Ambani, the Managing Director and Chairman,…

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Gautam Adani, Chairman of the Adani Group, spoke at the Indian Institute of Management, Lucknow, urging students to prepare for leadership roles in India’s development. Adani emphasized that the future will be unpredictable and require new approaches. He encouraged students to focus on conviction, responsibility, creativity, and integrity rather than following traditional paths. Sharing his own experience, Adani talked about starting his career in diamond trading, building India’s largest commercial port at Mundra, developing energy projects in Australia and the Khavda desert, and working on the redevelopment of Dharavi slums. Each project involved significant challenges and required persistence. He stressed…

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