Author: News Desk
In the financial year 2024–25, Tata Sons and Singapore Airlines together invested ₹9,558 crore in Air India. This large investment was made to help cover the airline’s expenses, daily operations, and future growth plans. Out of the total, a big part of the money—₹4,306 crore—was added in March 2025 alone. Tata Sons contributed ₹3,224.82 crore and Singapore Airlines added ₹1,080.68 crore that month. Vistara Merged with Air India In November 2024, Vistara, a joint venture between Tata and Singapore Airlines, officially merged with Air India. After this, Singapore Airlines received a 25.1% stake in Air India. This move helped strengthen…
A UK Royal Navy F-35B fighter jet was forced to divert and land at Thiruvananthapuram International Airport in Kerala due to adverse weather conditions that prevented it from returning to the aircraft carrier HMS Prince of Wales. The landing was safely executed, prioritising the pilot’s safety. Engineering Issue on Ground Following its safe landing, the aircraft encountered an engineering issue while on the ground. Engineers from HMS Prince of Wales inspected the aircraft and concluded that the problem required the involvement of a UK-based specialist team. At present, there is no estimated timeline for completing the repair. Relocation to Avoid…
Indian astronaut Group Captain Shubhanshu Shukla, currently on the Axiom-4 space mission, shared his experience via videolink from the spacecraft. After spending 30 days in quarantine before launch, he said all he could think about was leaving Earth. He described the anticipation just before liftoff as overpowering, saying, “Excitement was far away, I just wanted to go.” Journey to the International Space Station Shukla, along with astronauts Sławosz Uznański, Tibor Kapu, and one more crew member, launched from NASA’s Kennedy Space Centre in Florida aboard the Dragon spacecraft, powered by SpaceX’s Falcon-9 rocket. The mission is expected to last 14…
Union Minister Nitin Gadkari has dismissed media reports suggesting the government plans to impose toll taxes on two-wheeler vehicles. He clarified via a post on X that no such proposal exists and that toll exemption for two-wheelers will continue. Gadkari also criticized the spread of unverified information, calling it irresponsible journalism. NHAI Clarification The National Highways Authority of India (NHAI) also confirmed that there are no plans to introduce toll charges for two-wheelers, reinforcing the minister’s statement. New Annual FASTag Pass Scheme The government is preparing to launch a new FASTag-based Annual Pass from August 15. This scheme is aimed…
Malabar Hill, synonymous with wealth and exclusivity, is home to India’s most powerful business tycoons, film icons, and political elites. With its sea-facing mansions, historic bungalows, and unbeatable Arabian Sea views, this neighborhood remains Mumbai’s most coveted address. Here’s a look at the billionaires shaping its skyline. Nadir Godrej: Expanding a Legacy Chairman of Godrej Industries, Nadir Godrej, recently made headlines with a Rs 180 crore purchase at Ruparel House. Acquiring three luxury apartments—each worth Rs 60 crore—he secured not just prime real estate but also 12 parking spaces, a true sign of Malabar Hill’s grandeur. The move aligns with…
Taiwanese electronics manufacturer Hon Hai Precision Industry Co., widely known as Foxconn and a key assembler for Apple’s iPhones, has received regulatory approval for two major international investment plans worth over $2.2 billion. Taiwan’s Ministry of Economic Affairs (MOEA) granted clearance through its Department of Investment Review. $1.49 Billion Allocated to India via Singapore Subsidiary A significant portion of the investment—$1.49 billion—is earmarked for Foxconn Singapore Pte Ltd. This subsidiary will channel the capital into Yuzhan Technology (India) Pvt Ltd, a Foxconn-owned entity operating in India. The investment is part of Foxconn’s broader strategy to scale up its presence in…
A light-hearted mix-up by a Denmark-based woman has gone viral after she mistakenly assumed Bollywood megastar Amitabh Bachchan was the maker of Bikaji papads. The woman, known on social media as Bhukkad Bidesi (real name Frederikke), spotted Big B’s image on a Bikaji papad packet and took it literally. In her video, she said, “This guy makes the best papadum,” while pointing at the veteran actor’s photo on the packaging. Search for the “Legendary Papad Guy” Frederikke shared that she first tasted papad in Nepal and immediately became a fan. Since then, she has been trying to locate the same brand in…
Zohran Mamdani, a 33-year-old Indian-origin democratic socialist, has secured the Democratic nomination for the Mayor of New York City after a tightly contested ranked-choice primary. He won 44% of first-choice votes, defeating former governor Andrew Cuomo, who received 36%. City Comptroller Brad Lander followed with 11%. With 89% of precincts reporting shortly after polls closed, Cuomo officially conceded on Tuesday night. Roots in Uganda, Raised in New York Zohran was born on October 18, 1991, in Kampala, Uganda, to Indian-origin parents. His mother, Mira Nair, is an internationally acclaimed filmmaker known for movies like Salaam Bombay! and Monsoon Wedding. His father, Mahmood Mamdani,…
To celebrate Group Chairman Shri Gautam Adani’s 63rd birthday on June 24, the Adani Foundation led a massive nationwide blood donation drive across 206 cities in 21 states and two union territories. Surpassing last year’s record of 25,282 units, the initiative collected 27,661 units of blood—approximately 11,100 litres—aimed at helping over 83,000 patients. Conducted by Adani Healthcare Team The large-scale campaign was carried out under the supervision of the Adani Healthcare team, drawing enthusiastic participation from Adani Group employees and partners. Blood components collected included Whole Blood, PCV, Platelet Concentrates, Plasma, FFP, Cryoprecipitate, and Albumin—vital for a range of medical…
The Lulu IT Twin Towers, a key dream project of Lulu Group Chairman M.A. Yusuff Ali, will officially begin operations on June 28 at the Smart City in Kakkanad, Kochi. Built with an investment exceeding ₹1,500 crore, the facility offers state-of-the-art infrastructure in the fields of Information Technology and Artificial Intelligence, marking it as one of the most advanced IT campuses in South India. Inauguration by Chief Minister Kerala Chief Minister Pinarayi Vijayan will inaugurate the Lulu IT Twin Towers. These towers are now the tallest IT office buildings in South India and the largest in Kerala. Each of the…