An IIT Madras student recently turned down a video editing gig with YouTuber Ishan Sharma after he had already signed the offer. He decided to stick to his studies, sparking a conversation about the pressures young talent and an employer face in today’s job market.
The Bureau of Civil Aviation Security (BCAS) just had a crucial chat with airline CEOs about a wave of hoax bomb threats impacting over 70 flights. As these incidents spike, BCAS is reassuring airline leaders about their security measures while the Civil Aviation Ministry looks into stricter rules for offenders.
Swiggy's shooting for a whopping valuation of $11.7 to $12.7 billion as it gears up for a massive $1.4 billion IPO in early November. Investment banks are already in, and bids from anchor investors are starting to roll in.
Chennai's Raptee.HV has launched India’s first high-voltage electric motorcycle, the T 30. This can be charged at car stations and competes with traditional bikes on performance. It’s priced at ₹2.39 lakhs, comes with a solid battery warranty, and is packed with tech. Deliveries start in January, and they’ve got plans to expand.
Byju Raveendran, the founder of Byju's, once a big player in the edtech game with a $22 billion valuation, now says the company is basically worthless. He blames this on some bad decisions, fast expansion, and a tough market that got worse when key investors pulled out. Despite the gloomy news, Raveendran is still holding out hope for a bounce-back.
An Air India Express flight from Dubai to Jaipur made an emergency landing due to a bomb threat, the third incident within 24 hours. While no explosives were found, investigations are ongoing. This surge in threats has led to increased security measures in aviation.
Karnataka's about to hit up Zomato, Uber, and Swiggy payments with a new cess to support gig workers. Announced by Labour Minister Santosh Lad, this move aims to fund health insurance and education for these essential workers, with a bill set to drop in December.
Tech Mahindra just dropped some impressive numbers for Q2, with net profit soaring 46.8% to ₹1250 crore and revenue up 2.4% to ₹13,313 crore. They scored big with deal wins hitting $603 million and are all about building solid client relationships and nailing operational excellence as they gear up for their FY27 goals.
A Vistara flight from Delhi to London was diverted to Frankfurt after a bomb threat showed up on social media. The plane landed safely and is now undergoing security checks. This comes amid a wave of similar threats hitting various flights, leading the Civil Aviation Ministry to think about tougher rules against these hoaxes.
Hyundai Motor India's IPO has netted a staggering ₹493 crore in fees for investment bankers, marking it as the biggest in India’s history. Initially, it was a bit muted, but institutional investors jumped in, pushing the final subscription to 2.37x. So far this year, bankers have pulled in ₹2,100 crore from IPOs, a massive leap from last year’s earnings.