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By Gurminder Mangat , 13 June 2025
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Tragic Loss: Sunjay Kapur, Ex-Husband of Karisma Kapoor, Dies from Heart Attack at 53

On June 12, Sunjay Kapur, the former husband of Bollywood actress Karisma Kapoor, tragically passed away at the age of 53. According to reports, Kapur, a businessman and polo enthusiast, died from a heart attack while participating in a polo match in England. The news of his sudden passing sent shockwaves through the industry, with close family members and friends quickly rallying around Karisma in her time of mourning. This article delves into the circumstances surrounding his untimely death, his personal life, and his relationship with Karisma Kapoor.

Tags

  • Entertainment
  • Bollywood
  • Indian Celebrities
By Agamveer Singh , 13 June 2025
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Bhaichung Bhutia Blasts AIFF Over Mismanagement and Hollow Incentives Amid India’s Football Decline

Indian football icon Bhaichung Bhutia has sharply criticized the All India Football Federation (AIFF) following the national team’s 0–1 defeat to Hong Kong in the AFC Asian Cup 2027 Qualifiers. In a scathing assessment, Bhutia questioned the AIFF’s decision-making—particularly a sudden promise of a USD 50,000 bonus for a potential win—calling it arbitrary and emblematic of deeper systemic failures. He also urged AIFF President Kalyan Chaubey to resign, citing consistent underperformance and administrative instability.

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  • AIFF
  • Trending
  • Sports
  • Football
By Kirti Srinivasan , 13 June 2025
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Singapore Airlines Shares Drop Following Air India Crash: Market Reactions and Implications for the Aviation Industry

Shares of Singapore Airlines (SIA), which holds a 25.1% stake in Air India, experienced a sharp decline following a tragic crash involving an Air India flight in Ahmedabad. The stock dropped 1.7%, a day after the incident, highlighting how such events can impact investor sentiment. Despite this, SIA has extended its support to Air India, as the tragedy underscores both the challenges and the complexities of international airline partnerships, especially within fast-growing markets like India.

Tags

  • Stock Markets
  • Aviation
By Nishant Verma , 13 June 2025
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Air India Diverts 16 Long-Haul Flights Amid Rising Tensions Following Israel-Iran Conflict

On Friday, Air India, India’s flagship carrier, was forced to reroute 16 long- and ultra-long-haul international flights due to escalating tensions between Israel and Iran. The immediate closure of Iranian airspace, following Israel's military strike on Tehran, led to significant disruptions in global air travel. Air India, in a travel advisory, assured passengers that arrangements were being made to ensure their safe arrival at their destinations, despite the unforeseen crisis.

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  • Aviation
  • Trending
By Amrita Bhatia , 13 June 2025
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MobiKwik Grants Over 3.27 Lakh Stock Options to Employees Under ESOP 2014

Fintech company One MobiKwik Systems has approved the grant of 3,27,688 stock options to its eligible employees, reinforcing its commitment to long-term talent retention and performance-based incentives. Each option, priced at the face value of Rs. 2, will convert into one fully paid-up equity share. According to a regulatory filing, the stock options will vest progressively over four years, with 20% vesting each after the first and second years, and 30% each after the third and fourth.

Tags

  • Financial Sector
  • Stock Markets
By Manbir Sandhu , 13 June 2025
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Coal India Introduces Uniform Dress Code Amidst Production Dip and Strategic Realignment

Coal India Ltd (CIL), the state-owned coal mining giant, is set to introduce a standardized dress code across its workforce starting July 2025. The initiative, recently approved by the company’s board, is designed to enhance visual uniformity and reinforce the organization's corporate identity. Each of the 2.25 lakh employees will receive an advance of Rs. 12,500 to purchase three sets of uniforms tailored to gender-specific guidelines.

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  • Power
  • Company News
  • India Business
By Amrita Bhatia , 13 June 2025
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Finance Ministry Quashes MDR Rumors Amid Record UPI Surge

In a decisive clarification, the Ministry of Finance dismissed rumors regarding the imposition of a Merchant Discount Rate (MDR) on Unified Payments Interface (UPI) transactions, reaffirming the government's continued support for free digital payments. The statement comes amidst unfounded reports suggesting that large-ticket UPI transactions might soon attract MDR charges. As concerns began to surface across stakeholders, the ministry emphasized that these claims are "baseless and misleading," reassuring users and merchants alike.

Tags

  • Financial Sector
  • Technology Sector
By Kunal Shrivastav , 13 June 2025
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Skoda Charts Aggressive Growth Path in India with Focus on SUVs, CNG, and Pre-Owned Market Expansion

Skoda Auto is setting ambitious goals for its Indian operations in 2025, with plans to double its annual vehicle sales, scale its pre-owned business, and expand into alternative fuel options such as compressed natural gas (CNG). Having sold approximately 36,000 units in India last year, the Czech carmaker is banking on its newly launched compact SUV and a significantly bolstered dealer network to drive momentum. The company is also eyeing rural and semi-urban markets, where a surge in first-time buyers presents fresh opportunities for growth.

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  • Automobiles
  • Company News
By Vinod Pathak , 13 June 2025
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Sugs Lloyd Secures Rs. 74.35 Crore in Strategic Power Infrastructure Contracts Across Bihar and Odisha

Sugs Lloyd, a prominent player in the energy infrastructure sector, has clinched fresh engineering contracts valued at Rs. 74.35 crore, fortifying its presence in Bihar and Odisha. These deals include transformative projects awarded by the North Bihar Power Distribution Company Ltd (NBPDCL) and Tata Power subsidiaries. The contracts span the development of new substations, high-voltage transmission lines, and grid modernization efforts.

Tags

  • Infrastructure
  • Company News
By Agamveer Singh , 13 June 2025
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Flipkart Expands Logistics Footprint with New Fulfilment Centre in Patna to Bolster Regional E-commerce Growth

In a strategic push to deepen its regional logistics infrastructure, Flipkart has launched a new fulfilment centre in Patna, Bihar. Spanning 4.5 lakh square feet, the facility is expected to support over 6,600 local sellers and create more than 1,100 direct and indirect employment opportunities. The warehouse will streamline operations across multiple product categories—from mobile accessories to large appliances—serving more than 1,000 pin codes in the region.

Tags

  • E-Commerce
  • Logistics

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