Major news highlights include Qatar Airways defending its crew’s handling of a deceased passenger, Tesla finalizing its first showroom in India, Ksb’s considerable profit increase, and Byju’s LinkedIn post removal regarding allegations against EY. These events reflect notable trends and shifts in the business sector as of March 1, 2025.
On March 1, 2025, significant updates from the business world highlighted Qatar Airways’ defense of its crew after a controversial incident in which a deceased passenger was placed next to a couple during a lengthy flight. The airline asserted that its personnel acted swiftly and professionally and has since provided compensation to the affected passengers.
Separately, Tesla has completed an agreement for its inaugural showroom in Mumbai, located in the Bandra Kurla Complex, encompassing 4,000 square feet at a rental rate of ₹900 per square foot. Additionally, the company is preparing to open a second showroom in Delhi and is exploring the option of importing vehicles from their Berlin facility for the Indian market.
In financial updates, Ksb reported a significant annual profit increase of 33.08% for the fourth quarter of 2025, reaching ₹73.1 crore, while revenue rose by 20.54% to ₹726.4 crore. These results reflect continued business growth and indicate strong performance metrics year-on-year.
Moreover, Divya Gokulnath, co-founder of Byju’s, announced that the company’s LinkedIn post confronting allegations against the consultancy EY had been removed. This post had aimed to call for a thorough investigation into claims involving collusion with Glas Trust and former resolution professional Pankaj Srivastava.
In summary, the business news for March 1, 2025, reveals important developments including Qatar Airways’ defense of its crew’s actions during a recent flight incident, Tesla’s expansion into the Indian market with new showrooms, Ksb’s impressive financial results, and the removal of a controversial post from Byju’s LinkedIn. These updates underscore the dynamic nature of the business landscape and the ongoing changes shaping various industries.
Original Source: www.livemint.com
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