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Following an increase in ByteDance Ltd.’s valuation and additional advancements in the Chinese company’s AI aspirations, Zhang Yiming overtook Mukesh Ambani as Asia’s second-richest person. According to the Bloomberg Billionaires Index, Zhang’s net worth increased to $92.8 billion, solidifying his status as the richest individual in China. Since Bloomberg began monitoring the ByteDance co-founder’s wealth in March 2019, when he was valued at $13 billion, his fortune has increased more than sevenfold. The increase coincides with the popularity of ByteDance’s video app TikTok and its Doubao AI chatbot, which has collected over 300 million monthly users to become the most…

June 2026 Car Launches: May 2026 was packed with notable launches, including the updated Tata Tiago and Tiago EV, the Honda City facelift, the MG Majestor, the BMW M440i Convertible, and special editions of the Mercedes-Benz GLE, GLS, and Mini Cooper S. The momentum looks set to continue in June, with several exciting models expected to arrive across segments. Let’s take a look at some of them. Mercedes-Benz S-Class facelift Launch date: June 15, 2026 The new S-Class will debut in India on June 15, according to Mercedes-Benz. A new S 450e plug-in hybrid version with a 3.0-liter turbo-petrol inline-six…

-by Jaya Pathak Inflation in this guise is not playing the textbook way. It was a wait for another half year and a half since many central banks across the globe started easing rates with much of it being done in a cautious manner, only to declare victory in the battle against the post-pandemic price spiral – and here we are, in the mid-2026 quarter, watching input costs creep upward in industries ranging from speciality chemicals to logistics to commercial real estate. The consumer price index in India and United States may not be flashing red but for anyone reading…

At a time when the market has benefited from consistent demand, declining inflation, and predictions of a lower interest-rate environment, the conflict in West Asia is emerging as a new variable for India’s real estate sector. Construction costs, developer profits, and homebuyer affordability might all be impacted by any protracted disruption that keeps energy prices high. The consequences could affect borrowing rates, investment attitude, and demand in important housing segments in addition to increased input costs. The industry is keenly monitoring whether global developments start to impact the momentum created over the previous few years as developers manage cost challenges…

-by Shraddha Pandey How Mukesh Ambani turned a forgotten cola into a weapon — and why Coca-Cola and Pepsi are losing sleep over it. In a small Andhra Pradesh town, a bottle of cola is resting on a store counter. The price is ₹10. It’s chilly. It’s bubbly. Additionally, your grandfather would recognize its logo right away. It’s not Coke in that bottle. It’s not Pepsi. It’s Campa Cola—and the fact that it exists again, thriving, growing, and eating into the market share of two of the most powerful brands on the planet, is one of the most breathtaking business…

-by Shraddha Pandey He Lost His Parents at 12, His Business at 30, and His Wife at 60 — Yet He Built the Most Iconic Watch Brand on Earth. This is the Story of Hans Wilsdorf. There is a watch with a small crown logo on your wrist or on the wrist of someone you look up to. Five points. Golden. Regal. It remains silent as it rests on the dial. However, if that crown could speak, it would tell you one of the most remarkable tales in the annals of human aspiration. It would recount the story of a…

New Delhi, June 2, 2026 — Hero MotoCorp is preparing to debut the nation’s first motorcycle that can operate entirely on ethanol on June 3, 2026, marking a significant milestone for India’s green mobility movement. Hero MotoCorp, the largest two-wheeler manufacturer in India by volume, will introduce its first flex-fuel motorcycle that can run entirely on ethanol, making it the nation’s first of its kind. Which Bikes Are Expected? The HF Deluxe Flex Fuel and the Splendor Plus Ethanol, which are both compatible with E85 and E100 fuel blends, are anticipated to be the next releases. These motorcycles are popular…

-by Jaya Pathak When an institution is with the disease Ebola, there’s a whole lot of difference between people’s confidence and their capacity. The world is better prepared than about a decade ago for the challenges and hardships of the coming decade on paper. Governments have playbooks for the pandemic, companies make risk dashboards, airports know how to hold people aside for screening and investors master how to price geopolitical risk with chilling rapidity in an accelerating fashion. However, a new virus in a weak health care system can cause a re-evaluation of how much of what is considered to…

Following the most recent increase in the cost of 19-kg cylinders, which are frequently utilized by hotels, restaurants, diners, and other enterprises, commercial LPG has become more costly. Fuel prices are steadily rising for commercial users, putting more strain on operational margins while domestic LPG prices stay the same. The cost of a 19-kg commercial LPG cylinder in Delhi increased dramatically over the course of five months, from Rs 1,691.50 in January to Rs 3,113.50 in June. The Changes in Commercial LPG Prices In recent months, the cost of commercial LPG has repeatedly increased. Prices increased by Rs 49 in…

Salil Parekh took home ₹82.6 crore in FY26—more than triple the ₹28 crore paid to TCS’s K. Krithivasan—driven largely by stock awards, even as TCS dwarfed Infosys in revenue and profit. The annual reports of India’s tech giants showed a startling discrepancy at the top, not in business performance but in the salaries of the two men in charge of the nation’s biggest IT firms, during a year when they cautiously increased artificial intelligence spending while holding back on broader investment. In FY26, Salil Parekh, the CEO and Managing Director of Infosys, was paid ₹82.6 crore. His colleague at the…