Author: News Desk

The Union Cabinet, led by Prime Minister Narendra Modi, has approved India’s bid to host the 2030 Commonwealth Games, selecting Ahmedabad as the proposed host city. The government highlighted the city’s world-class stadiums, advanced training facilities, and strong sporting culture as reasons for its selection. IOA Backing and Next Steps The Indian Olympic Association (IOA) had earlier cleared the proposal after an Expression of Interest was submitted in March. The bid, which must be filed by August 31, is expected to be finalized by IOA within the next two days. The Commonwealth Sport General Assembly will announce the host city…

Responding to rising complaints about the arbitrary placement of toll plazas on national highways, the Ministry of Road Transport and Highways (MoRTH) has issued a new directive mandating stricter enforcement of toll policy rules. Key Distance Rules Restated The circular, shared with highway development agencies and concessionaires this week, reiterates two key norms: Although these rules have been part of the tolling framework for years, their implementation has often been inconsistent. Recent reports revealed toll booths operating too close to one another or within city peripheries, creating frustration for daily commuters. Exceptions Face Stricter Scrutiny MoRTH has clarified that any…

Microsoft India R&D has completed one of the largest recent office leasing deals in Hyderabad, securing 2.64 lakh square feet at Phoenix Centaurus in Gachibowli. The five-year lease, effective from July 2025, was finalized with managed workspace operator Table Space Technologies, according to documents obtained by Propstack. Details of the Lease The leased space covers the third and fourth floors of the building. Microsoft will pay a base rent of Rs 1.77 crore per month, which works out to Rs 67 per square foot. When common area maintenance, operating costs, capital expenses, and management fees are included, the total monthly…

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…