Ankit Tiwari

Chinese firm gifts ₹1.5-crore flats to employees completing 5 yrs

A Chinese company is rewarding employees with ₹1.5-crore flats for completing five years to retain top talent. However, the recipients would have to sign an agreement to stay for another five years. The owner of the company spent over 10 million yuan (approximately ₹12.7 crore) on acquiring the units two years ago when they cost less than they do today.

Dec 21st, 2025

Chinese firm gifts ₹1.5-crore flats to employees completing 5 yrs

Vaishnavi Mishra

State Bank of India (SBI) Chairman CS Setty said the bank's home loan portfolio is expected to cross the ₹10 lakh crore mark next fiscal year. The rise is driven by robust demand and a favourable low-interest-rate regime, he added. "The home loan portfolio is…the single largest business unit in the bank, over 20% of our total assets," Setty added.

Dec 21st, 2025

Home loan book to cross ₹10 lakh cr next fiscal year: SBI chief

Dharini Mudgal

Kristin Cabot, the former HR head of Astronomer, whose kiss cam video with ex-CEO Andy Byron at a Coldplay concert was widely covered, said she received threatening messages after the clip circulated online. She said, "My kids were afraid...I was going to die, and they were going to die." Cabot said both her children began seeing therapists after the incident.

Dec 21st, 2025

My kids feared I was going to die, sought therapy: Cabot on Coldplay kiss cam row

Bhawana Chaudhary

Utkarsh Amitabh, Founder-CEO of Network Capital, revealed he earns ₹18,000/hour by training AI models as a freelancer with a data-labelling startup. The 34-year-old Indian entrepreneur, currently based in UK, said he works about 3.5 hours each night after putting his one-year-old daughter to bed. "The machine learns, but so do you...that's what makes it energising," he told CNBC Make It.

Dec 21st, 2025

Indian entrepreneur trains AI models as freelancer in UK, earns ₹18,000 per hour

Mansi Agarwal

UltraTech Cement on Saturday announced it has received a GST notice to pay alleged tax dues of ₹390 crore, along with a penalty of a similar amount and interest of around ₹28 lakh. The order is related to alleged short payment of GST and improper utilisation of input tax credit, the firm said. It added that it's reviewing the order.

Dec 21st, 2025

UltraTech Cement gets ₹782 crore worth GST demand notice

Garima Garg

India's biogas sector is expected to attract over ₹5,000 crore in investments in FY 2026-27, according to the Indian Biogas Association (IBA). This would be driven by strong investor interest, as more than 100 compressed biogas (CBG) plants have been commissioned to date. Government data shows that 94 plants sold over 31,400 tonnes of CBG in FY25, highlighting robust growth.

Dec 21st, 2025

Biogas sector to see ₹5,000 crore in investments in 2026-27: IBA

Dharini Mudgal

Tesla CEO Elon Musk has become the first individual ever to cross a net worth of $700 billion, according to Forbes' real-time billionaire ranking. His wealth surged after a US court reinstated his long-pending $56 billion compensation package linked to Tesla, Reuters reported. The second-richest person in the world, Larry Page, has a net worth of around $252.6 billion.

Dec 21st, 2025

Elon Musk becomes world's 1st person to hit $700 billion net worth

India's 5G network now covers 99.9% of districts, with 5.08 lakh BTS deployed nationwide. Government initiatives such as BharatNet, 4G Saturation, and rural connectivity schemes, along with faster approvals and infrastructure sharing, have accelerated the rollout. The focus now shifts to network quality, enterprise applications, and extending services to rural areas.

Dec 21st, 2025

5G reaches 99.9% districts via 5.08 lakh 5G base stations

China has discovered Asia's largest undersea gold deposit near Laizhou, Shandong, pushing the region’s proven reserves beyond 3,900 tonnes, around 26% of China’s total. Shandong already hosts over 3,500 tonnes on the Jiaodong Peninsula. China produced 377 tonnes of gold last year and spent nearly 450 billion yuan on exploration since 2021.

Dec 21st, 2025

China finds Asia's largest undersea gold deposit near Shandong

Health-tech semiconductor startup Sophrosyne Technologies, founded by Manish Srivastava, has opened a larger R&D and product design centre in Udupi. Co-founder and chief business officer Jatin Gupta said the expansion will support work on medical chipsets and wearable health technologies, while enabling closer collaboration with clinicians and academic institutions in the region.

Dec 21st, 2025

Health-tech startup Sophrosyne opens R&D centre in Udupi

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