Category Archives: business

business, india, manufacturing, technology, transportation

Production milestone! Ather Energy rolls out its 5,00,000th electric scooter

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**Production Milestone! Ather Energy Rolls Out Its 500,000th Electric Scooter**

*By Akash Pandey | Oct 06, 2025, 04:37 PM*

Bengaluru-based electric vehicle manufacturer Ather Energy has reached a significant milestone by rolling out its 500,000th electric scooter from its manufacturing facility in Hosur, Tamil Nadu. The landmark unit is the company’s latest family-focused model, the Rizta, which has rapidly become one of Ather’s strongest growth drivers since its launch last year.

### Journey from Niche to Full-Range EV Manufacturer

Over the years, Ather has evolved from a niche performance EV brand into a full-range manufacturer catering to both family riders and enthusiasts. The company has aggressively expanded across middle and northern India, entering several tier-2 and tier-3 cities. This expansion aligns with Ather’s goal of making its growing product lineup and charging infrastructure more accessible to a wider audience.

### Expansion of Manufacturing Capabilities

Currently, Ather operates two facilities in Hosur: one dedicated to vehicle assembly and another focused on battery production. Together, these facilities have a combined capacity of 420,000 scooters per year. To meet the rising demand for its electric scooters, Ather is establishing a third facility, Factory 3.0, located in Bidkin, Maharashtra.

The new facility will be developed in two phases implementing Industry 4.0 principles. Once fully operational, Ather’s total manufacturing capacity will increase to 1.42 million (14.2 lakh) electric two-wheelers per year.

### Commitment to Quality and Reliability

Commenting on this milestone, Swapnil Jain, Co-founder and CTO of Ather Energy, described crossing the half-million mark as a major achievement. He highlighted that the company’s journey has been focused not only on building vehicles but also on establishing a scalable and reliable manufacturing ecosystem.

Jain credited years of dedicated engineering, rigorous testing, and meticulous attention to quality at every stage of production as key factors underpinning Ather’s continued success.

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Ather Energy’s recent milestone underscores its growing influence in India’s electric mobility space and its commitment to innovation, quality, and accessibility. The company is poised for further growth as it expands its product portfolio and manufacturing footprint.
https://www.newsbytesapp.com/news/auto/ather-reaches-half-million-mark-prepares-to-triple-production-capacity/story

business, economy, international, science, technology

AMD shares surge 25% on chip supply deal with OpenAI

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**AMD Shares Soar 25% Following Major AI Chip Supply Deal with OpenAI**

*By Mudit Dube | October 6, 2025*

Advanced Micro Devices (AMD) has entered into a multi-year agreement to supply artificial intelligence (AI) chips to OpenAI, marking a significant milestone for both companies. This landmark deal is expected to generate tens of billions of dollars in annual revenue for AMD and offers OpenAI an option to acquire up to a 10% stake in the chipmaker.

The partnership serves as a strong endorsement of AMD’s AI chips and software capabilities and aligns with the company’s strategic efforts to deepen its presence in the fast-expanding AI market.

**Market Reaction: Shares Surge 25%**

Following the announcement, AMD shares jumped 25% in premarket trading. Forrest Norrod, AMD’s Executive Vice President, described the deal as “certainly transformative, not just for AMD, but for the dynamics of the industry,” highlighting its potential to reshape the AI chip landscape.

The agreement involves deploying hundreds of thousands of AMD AI chips and graphics processing units (GPUs), representing a capacity of six gigawatts over several years beginning in the second half of 2026.

**OpenAI to Establish 1-Gigawatt Facility Using AMD Chips**

A key component of the deal includes OpenAI’s plan to establish a one-gigawatt facility powered by AMD’s next-generation MI450 series chips starting next year. This facility is expected to kickstart revenue generation for AMD shortly thereafter.

AMD anticipates that this partnership, combined with ripple effects from other customers, could bring in more than $100 billion in new revenue over the next four years.

**Context and Industry Impact**

OpenAI CEO Sam Altman expressed confidence that the collaboration with AMD will help the organization build sufficient AI infrastructure to support its ambitious projects.

This development follows NVIDIA’s announcement to invest up to $100 billion in OpenAI and supply at least 10 gigawatts of its systems. Meanwhile, OpenAI continues to work on developing its own AI-specific silicon in partnership with Broadcom, underscoring its multi-faceted approach to building robust AI hardware capabilities.

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This deal marks a pivotal moment in the AI hardware sector, emphasizing AMD’s growing influence and OpenAI’s commitment to scaling its AI infrastructure through diverse strategic partnerships.
https://www.newsbytesapp.com/news/business/amd-inks-multi-year-ai-chip-deal-with-openai/story

business, controversy, entertainment, sports, wrestling

Tiffany Stratton Reacts To Controversial WWE Decision Amidst Backlash

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Tiffany Stratton has recently spoken out about a controversial WWE decision—and revealed that she is actually happy with it.

Originally, WrestleMania was set to take place in New Orleans the year following the monetary success of WrestleMania 41. However, WWE decided to bring the show back to Las Vegas instead. This move has sparked backlash among fans, many of whom are unhappy with the repeated choice of location and the expenses associated with the city.

Despite the criticism, Tiffany Stratton expressed enthusiasm for WWE’s decision to return WrestleMania to Las Vegas. In a recent interview with Sidewalks Entertainment, she described going back to the city where she made her WrestleMania debut as “perfect” for her.

Stratton explained that Las Vegas held a special place in her heart, especially given how nervous she was for her very first WrestleMania match. She also highlighted that WWE plans to host not only WrestleMania but also Raw, SmackDown, and an NXT show there. The vibrant energy surrounding these events, including after parties and watch parties along the Las Vegas Strip, makes the location exciting for her.

“Last year was actually my first WrestleMania ever. I was super nervous. It was in Las Vegas. So I felt like it was the perfect state for my first-ever WrestleMania,” Stratton shared. “I feel like Las Vegas is iconic. It’s the sports entertainment capital of the world. So it was the perfect place to host WrestleMania. WrestleMania is like the Super Bowl of wrestling for WWE. They have literally something for everybody in Las Vegas. This year they’re going to have Raw. They’re going to have SmackDown. They’re going to have NXT Stand and Deliver there. There are going to be after parties. There are going to be watch parties all along the strip. So I’m excited to go back.”

### Tiffany Stratton Set for Huge Challenge at WWE Crown Jewel

Tiffany Stratton is also gearing up for a major match at WWE Crown Jewel. She will face off against the Women’s World Champion Stephanie Vaquer in a Champion vs. Champion matchup. Both superstars are rising names in WWE with strong fan followings, making this an eagerly anticipated showdown.

Stratton enters this match following a recent high-profile botch, adding intrigue about how she will perform and what’s next in her WWE career.

Stay tuned to see how this compelling rivalry unfolds!
https://www.sportskeeda.com/wwe/news-tiffany-stratton-reacts-to-controversial-wwe-decision-amidst-backlash

baseball, business, entertainment, sports

Framber Valdez’s wife Isamal rocks a sleek black bodycon dress with waist cutout and slinky silhouette on date night with the Astros ace

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Despite leading the AL West for the majority of the regular season, Framber Valdez and the Houston Astros ultimately surrendered the top spot to their rivals, the Seattle Mariners, in the closing stages of the campaign.

The Astros had maintained a stronghold on first place for most of the season, showcasing consistent performance and determination. However, as the regular season drew to a close, the Mariners surged ahead, overtaking Houston in a dramatic finish.

This shift has set the stage for an intense rivalry as both teams prepare for the postseason, with fans eagerly anticipating how the Astros will respond after losing their division lead late in the season.
https://www.sportskeeda.com/baseball/news-framber-valdez-s-wife-isamal-rocks-sleek-black-bodycon-dress-waist-cutout-slinky-silhouette-date-night-astros-ace

business, celebrity, family, fashion, travel

Glamorous Lauren Sanchez wears a cleavage boosting silk Valentino dress as she joins husband Jeff Bezos and his daughter for a lavish dinner in Paris

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Lauren Sanchez looked incredible in a Valentino dress as she joined husband Jeff Bezos and his daughter for a lavish dinner in Paris on Sunday.

The former journalist, 55, was snapped exiting alongside the billionaire Amazon tycoon, 61, and his adoptive daughter, whom he shares with ex-wife MacKenzie Scott. The American philanthropist was the epitome of fashion in the silk ruched number, flashing a glimpse of her ample assets. She accessorised the stunning dinner look with a quilted red chain-strap bag, also from Valentino, and wore elegant matching heels.

Meanwhile, the business mogul opted for an all-black look and shielded behind dark shades.

The wealthy entrepreneur, who was ranked by Forbes as the third richest person in the world in May 2025, shares three sons and one daughter with his ex-wife MacKenzie, and one adopted son with Lauren, who also has three kids of her own.

The couple’s appearance comes almost three months after she said “I do” to Jeff during their Venice nuptials. Described as the “wedding of the century,” the Amazon founder and former journalist exchanged vows in front of almost 200 VIP guests on San Giorgio Maggiore island.

Following the ultra-exclusive ceremony, the billionaire couple threw a star-studded reception attended by high-profile guests, including the Kardashian sisters, Oprah Winfrey, Ivanka Trump, Usher, and Orlando Bloom. The extravagant affair, reportedly costing $20 million and drawing ire from locals, was capped off with an eyebrow-raising gift from the bride.

The wedding, held two years after Jeff proposed to Lauren aboard his $500 million superyacht, was described as “extremely intimate” with a strict no-phone policy. Around 70 of the 200 guests were family members.

During wedding week, the philanthropist debuted her stunning Schwartz ring while stepping out in a Schiaparelli gown. Courtesy of celebrity jeweler Lorraine Schwartz, the ring is believed to be around 30 carats and valued between $1.5 million and $3 million.

“We don’t have a lot of traditions that we’re keeping,” Sanchez told Vogue ahead of the big day. “I mean, I love traditions, but for a 55-year-old woman, it’s a little different.”

While her Dolce earrings served as the traditional “something borrowed,” Lauren gave “something blue” a cosmic twist by carrying an artifact from her recent 11-minute space journey.

“Blue Origin,” she said. “It’s something from my space flight.”

The ex-journalist carried a secret, nearly unattainable souvenir from space, explaining it was “because it was literally one of the most profound experiences I’ve ever had in my life.”

“Seeing Earth from space, I came down and I couldn’t describe it,” she told Vogue. “It was the greatest experience I’ve ever had. Jeff said, ‘It’s gonna change you more than you think,’ and it completely has, visually, spiritually.”

But the lavish celebrations also ruffled some feathers, with the nuptials facing backlash from locals as well as activists.
https://www.dailymail.co.uk/tvshowbiz/article-15164787/Lauren-Sanchez-Jeff-Bezos-daughter-dinner-paris.html?ns_mchannel=rss&ns_campaign=1490&ito=1490

business, entertainment, international, soccer, sports

Juventus 0-0 Milan – Honours even in cagey affair in Turin as Pulisic misses penalty

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**Juventus and Milan Share the Points After Goalless Draw at Allianz Stadium**

Juventus and Milan played out a tense 0-0 draw at the Allianz Stadium this evening, a match marked by a dramatic penalty miss from in-form Rossoneri forward Christian Pulisic.

The game started as a cagey affair, with neither side willing to take many risks early on. An early promising move saw Davide Bartesaghi make a strong run down the left flank, delivering a good ball into the box for Fofana, who unfortunately ballooned his shot over the bar.

Jonathan David continued his struggles in front of goal in the first of two communication mix-ups with Weston McKennie. David rose to meet a cross and headed the ball down to McKennie, who lacked the time to react effectively. The following ten minutes were slow and battle-heavy in midfield, but the play shifted out wide again, resulting in another cross for McKennie—who reacted too slowly and conceded a free-kick for a foul on Fofana.

**Both Sides Threaten Mainly From Wide Areas But Lack the Final Touch**

Both teams looked most dangerous down the flanks, exploiting the space behind the compact defenses. Milan’s first clear chance came just after the 20-minute mark when Christian Pulisic stole possession in midfield and made a surging run into Juventus’ penalty area before losing his footing.

A poor clearance from Juventus nearly gifted Fofana a golden opportunity, but the Old Lady’s defense quickly recovered to snuff out the danger. David and McKennie mixed up their communication once again soon after, squandering another promising moment.

Juventus continued to attack down wide areas, with McKennie getting on the end of a cross but sending the ball past everyone and out for a goal kick.

Shortly afterward, Manuel Locatelli played a superb pass through to Kalulu on the right wing, who neatly set up Jonathan David. However, the summer signing slipped as he prepared to shoot, and the chance went begging.

Milan had the final opportunity of the first half when Pavlovic made a surging run down the flank, delivering a great ball into the box. Santiago Gimenez rose to head but sent his effort wide from close range.

**Pulisic Misses Penalty; Milan Rue Missed Opportunity**

The second half began strongly for Juventus. After a short corner taken by Francisco Conceicao, the winger delivered a dangerous ball that flew past everyone to the back post, where Gatti volleyed a powerful shot. However, Mike Maignan produced a brilliant reflex save to deny the Juventus defender.

Milan finally had a golden chance to break the deadlock in the 52nd minute when Lloyd Kelly clumsily fouled Gimenez inside the box. Christian Pulisic stepped up to take the penalty but blasted the ball over the bar, handing Juventus a huge reprieve.

Following the missed spot-kick, Milan seized control of the game, pressing hard with Luka Modric orchestrating the play in midfield.

Juventus had some flashes of attacking moments after the hour mark. Portuguese forward Rafael Leao, who came on as a substitute, almost made an instant impact. Spotting Juventus goalkeeper Di Gregorio off his line, Leao attempted to lob from the halfway line. Although well struck and forcing the keeper to scramble, the shot narrowly cleared the crossbar.

**Substitutions Fail to Break Deadlock**

Both Massimiliano Allegri and Igor Tudor made tactical substitutions in an attempt to change the dynamic of the game. Tudor brought on high-profile players like Dusan Vlahovic and Emmanuel Openda, while Allegri introduced Leao, Christopher Nkunku, and Ruben Loftus-Cheek.

While the Juventus substitutes injected some much-needed energy, the decision came at the cost of taking off their two most dangerous players of the night — Kenan Yildiz and Francisco Conceicao.

In the closing stages, the match lost momentum. Tudor made a late change, swapping Daniele Rugani for Filip Kostic, but it proved too little, too late.

Milan dug in to secure a clean sheet and come away with a valuable point on the road. Leao had two late chances to snatch all three points for the Rossoneri but failed to make quality contact on both attempts.

Despite the missed penalty and the late opportunities, Milan will be left disappointed not to have won at the home ground of one of their fiercest rivals. Juventus, meanwhile, can be pleased to have held firm and taken a steady point after a hard-fought encounter.
https://football-italia.net/juventus-0-0-milan-honours-even-in-cagey/

business, economy, finance, international, stock market

Fears of £600bn stock market exodus to New York

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A host of household names could quit the stock market in a £600 billion exodus from London, analysts have warned. AstraZeneca, Shell, BP, and Rio Tinto are among those seen to be “at risk” of moving their main listings to New York in what would be a devastating blow to the City.

Analysis by broker AJ Bell identified ten London-listed firms that do so much business in the US, or have so many shareholders there, that they may be tempted to make the switch. The combined value of these firms—which also include Compass, Experian, Bunzl, Smith & Nephew, Rentokil, and Fresnillo—is £620 billion.

“An onslaught of UK-listed companies upping sticks for the US would be terrible for the reputation of the London market,” said Dan Coatsworth at AJ Bell.

Miners Glencore and Anglo American, worth a combined £73 billion, have ruled out moving to New York. However, it is feared that an exodus by other top firms could see them change their minds.

Some companies have already made the switch, including CRH, Flutter, Indivior, and Ferguson, while Ashtead and Wise are in the process of moving their listings.

Coatsworth added that there is a list of UK firms that could “make a good argument for switching their main stock listing to the US.” He explained, “The more companies that move, the more the topic will be discussed in the boardroom by other companies that have a US presence.”

The latest bout of anxiety about an exodus comes after AstraZeneca last week announced plans for a full listing in New York alongside London, sparking fears it could lead to a permanent move.
https://www.thisismoney.co.uk/money/markets/article-15164387/Fears-600bn-stock-market-exodus-New-York.html?ns_mchannel=rss&ns_campaign=1490&ito=1490

business, culture, entertainment, history, sports

PBA ushers in 50th season with legends in attendance

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MANILA, Philippines – Ramon Fernandez, Atoy Co, and Vergel Meneses were among the former basketball personalities who graced the opening of the PBA’s 50th anniversary season on Sunday.

The Philippine Basketball Association (PBA) reported that about 40 to 50 ex-players, coaches, and officials attended the eventful day. The celebrations began with the prestigious Leo Awards at Novotel Manila, followed by the opening ceremonies.

https://sports.inquirer.net/643111/pba-ushers-in-50th-season-with-legends-in-attendance

business, economy, energy, india, mining

Arunachal Pradesh’s first commercial coal mine starts operations tomorrow

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**Arunachal Pradesh’s First Commercial Coal Mine to Begin Operations Tomorrow**

*By Dwaipayan Roy | October 5, 2025, 6:41 PM*

Arunachal Pradesh is set to enter the coal mining industry with the inauguration of its first commercial coal mine at the Namchik-Namphuk coal block in Changlang district tomorrow. The ceremony will be led by Union Coal Minister G Kishan Reddy, who will perform the Bhoomi Poojan and officially hand over the mining lease.

As part of the event, Minister Reddy will also flag off machinery for Coal Projects Private Limited (CPPL), the company that will commence operations at the site. In a move towards environmental sustainability, he will plant 100 trees to support a green initiative.

### The Journey of Namchik-Namphuk Coal Block

The Namchik-Namphuk coal block holds significant reserves estimated at 1.5 crore tons. Originally allocated in 2003, the project faced numerous delays and operational hurdles over the years. However, in 2022, the coal block was revived through a transparent auction process, marking a new era of private sector participation in Arunachal Pradesh’s mining sector.

This marks a milestone not only for the state but also for India, which currently ranks as the world’s second-largest coal producer. Arunachal Pradesh is now poised to contribute to this status through its maiden commercial coal mining activity.

### Economic Impact and Employment

The commercial mining launch is expected to generate over ₹100 crore in annual revenue for Arunachal Pradesh. Beyond revenue generation, the project is anticipated to create substantial employment opportunities for the local youth, boosting the state’s socio-economic development.

This initiative aligns with Prime Minister Narendra Modi’s vision of EAST – Empower, Act, Strengthen, Transform – which guides development efforts across India’s Northeast region.

### Promoting Responsible Resource Management

By formalizing coal mining operations, the state aims to eradicate illegal mining activities that have previously led to resource exploitation and wastage. This move is expected to introduce transparency and accountability in managing Arunachal Pradesh’s precious natural resources.

Moreover, the government has announced plans to auction two critical mineral blocks in Arunachal Pradesh and five additional blocks in Assam. This highlights the growing importance of the Northeast region within India’s strategic and technological mineral landscape.

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The inauguration of the Namchik-Namphuk coal mine marks a new chapter for Arunachal Pradesh, setting the stage for sustainable development while contributing to India’s overall energy and mineral production goals.
https://www.newsbytesapp.com/news/business/arunachal-pradesh-to-start-commercial-coal-mining-on-october-6/story

business, economy, energy, india, mining

Arunachal Pradesh’s first commercial coal mine starts operations tomorrow

Leave a comment

**Arunachal Pradesh’s First Commercial Coal Mine to Start Operations Tomorrow**

*By Dwaipayan Roy | October 5, 2025, 6:41 PM*

Arunachal Pradesh is set to inaugurate its first commercial coal mine at the Namchik-Namphuk coal block in Changlang district tomorrow. The ceremony will be led by Union Coal Minister G Kishan Reddy, who will perform the Bhoomi Poojan and officially hand over the mining lease. Additionally, he will flag off machinery for Coal Projects Private Limited (CPPL) to begin operations at the site and plant 100 trees as part of a green initiative.

**Namchik-Namphuk Coal Block: A Historical Overview**

The Namchik-Namphuk coal block, which holds reserves of approximately 1.5 crore tons, was initially allocated in 2003. However, the project faced several delays and stoppages due to operational challenges over the years. In 2022, the block was revived through a transparent auction process, facilitating private sector participation in Arunachal Pradesh’s mining industry.

This marks a significant milestone for Arunachal Pradesh as it embarks on its coal mining journey, positioning itself within India’s coal sector — India being the world’s second-largest coal producer.

**Economic Impact: Revenue and Employment**

The commencement of commercial coal mining in Arunachal Pradesh is expected to generate over ₹100 crore annually in revenue for the state. More importantly, it will create valuable employment opportunities for local youth, contributing to the region’s economic development.

This initiative aligns with Prime Minister Narendra Modi’s vision of EAST (Empower, Act, Strengthen, Transform), a guiding philosophy aimed at uplifting the Northeast region of India through sustainable growth and development.

**Sustainable Resource Management and Future Plans**

The launch of formal commercial mining will help curb illegal mining, exploitation, and wastage of the state’s natural resources. It is anticipated to bring greater transparency and accountability to the management of Arunachal Pradesh’s rich mineral wealth.

Furthermore, the government has announced plans to auction two critical mineral blocks in Arunachal Pradesh and five in Assam. These moves underscore the growing strategic importance of the Northeast region in India’s technological and mineral landscape.

With these developments, Arunachal Pradesh is poised to play a vital role in India’s broader mining sector while promoting sustainable economic growth.
https://www.newsbytesapp.com/news/business/arunachal-pradesh-to-start-commercial-coal-mining-on-october-6/story