Today’s business news addresses critical topics including Qatar Airways’ incident involving a deceased passenger on a flight, Tesla’s establishment of a showroom in Mumbai, KSB’s substantial profit growth, and Byju’s social media controversy regarding allegations against EY. Each development portrays significant trends within the industry that could impact stakeholders.
In today’s business updates, Qatar Airways addressed a troubling incident on a 14-hour flight, wherein a cabin crew placed a deceased passenger’s body next to a couple. The airline emphasized that its staff acted “quickly, professionally and appropriately” in managing the situation and stated that compensation was provided to the affected passengers.
Additionally, Tesla has successfully secured its first showroom in Mumbai’s prestigious Bandra Kurla Complex, covering an area of 4,000 square feet, with a rental agreement at ₹900 per square foot. The company is also preparing to open a second showroom in Delhi, along with plans to import vehicles from Berlin for the Indian market.
In financial news, KSB announced its fourth quarter results for 2025, showcasing a significant profit increase of 33.08% year-over-year, resulting in a profit of ₹73.1 crore and total revenue of ₹726.4 crore, marking a revenue growth of 20.54% year-on-year.
Furthermore, Divya Gokulnath, co-founder of Byju’s, revealed that a recent post on LinkedIn, which called for a comprehensive investigation into alleged misconduct by EY and other parties, has been removed. This action followed the company’s assertion of potential collusion and fraud involving their lender and consultancy firms.
In summary, today’s corporate news highlights significant developments, including Qatar Airways’ handling of a distressing incident, Tesla’s expansion in India, KSB’s impressive financial performance, and Byju’s recent social media controversy. These events underscore ongoing changes and challenges within the global business landscape, necessitating careful attention from stakeholders.
Original Source: www.livemint.com
