PAID LEAVE FOR STARTING BUSINESS
Road ministry proposes a simplified Rent-a-Cab scheme 2026; to replace the 1989 scheme
The proposed draft Rent-a-Cab Scheme 2026, which comes into force from January 2027, reduces the minimum fleet requirement to 5 compared to 50 mandated earlier, extends its coverage to even rental cars with or without drivers and provides for online licensing, time-bound approvals, stringent safety, insurance and operational requirements and formal grievance redressal mechanism.
Farmer's son from small Tamil Nadu village builds Rs 1.5-crore software business after quitting nine-year Chennai IT career & starting with just two laptops
Eswaran Arumugam launched his Tamil Nadu-based software venture, Yaa Creations, with just Rs 1 lakh borrowed from his brother and two laptops. The business faced several hurdles, including financial strain, disruptions caused by the Covid-19 pandemic and accumulated debt of Rs 5 lakh. However, he gradually turned things around and expanded operations. Today, the company, headquartered in Rasipuram in Namakkal district, employs 26 people, serves clients in seven countries and completed projects worth Rs 1.5 crore in 2025.
Amid layoff season, this Bengaluru company is paying employees to quit and start their own business and return back if things don't work out
Amid layoffs and voluntary buyout offers at global tech companies, Bengaluru-based iD Fresh Food is encouraging employees to quit and start their own businesses. CEO Musthafa PC's entrepreneurship policy offers a partially paid sabbatical, mentorship, access to the company's business network and an option to return if their ventures fail.
Gym closes 15 minutes earlier than advertised time, Punjab man quits six-month membership within two months; consumer court orders gym to refund and pay Rs 6,500
An Amritsar man paid Rs 5,760 for a six-month gym membership but left within two months, alleging that they closed earlier than advertised time and problems with facilities, including the steam bath. The district consumer commission ordered the gym to refund Rs 3,500 with 6% interest, pay Rs 2,000 compensation and Rs 1,000 litigation costs.
Who is Yella Beezy aka Markies Conway? Dallas rapper sentenced to life in prison for paying a gunman $40,000 to fatally shoot fellow rapper MO3 on a busy interstate in 2020
Yella Beezy, whose real name is Markies Conway, has been found guilty of capital murder in Dallas. He hired the gunman who shot fellow rapper MO3 dead on a busy interstate in 2020. Authorities said that Conway paid $40,000 for the shooting, which stemmed from an escalating feud. Both rappers were well-known figures in the Dallas music scene at the time.
Kirk Cousins contract, salary: Quarterback to get paid by three NFL teams in 2026 after Raiders trade him to Vikings
Kirk Cousins has been traded by the Las Vegas Raiders to the Minnesota Vikings ahead of the NFL trade deadline. The Vikings will send a 2027 third-round pick to the Raiders to complete the deal. Cousins will undergo a physical examination with the Vikings before the trade is finalized. Raiders general manager John Spytek explained that the decision was made with the team's future in mind.
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Anthropic's IPO: A close look at AI frontrunner's rapid growth, spiraling costs
Anthropic aims to raise up to $64.4 billion in an upcoming IPO, representing a significant market debut. The company plans a valuation of up to $1.02 trillion, showcasing its ambitions in AI. Founded by former OpenAI researchers, Anthropic's revenue has rapidly surged with enterprise adoption of its AI models. While facing substantial operating losses, the company remains committed to its substantial infrastructure investments.
Researchers tested tobacco plants engineered to emit isoprene; after 10 days, hornworms feeding on those leaves were smaller than those on ordinary plants
Research conducted at Michigan State University revealed that isoprene emissions from plants deter pest herbiory effectively. This chemical causes plants to release hormones that make their leaves less digestible for insects. Interestingly, soybean plants possess genes allowing them to produce isoprene when damaged, enhancing their resilience. However, the increase of isoprene in the atmosphere poses a risk for air quality due to ground-level ozone formation.
Persistent Systems techie quit her job and gave herself one year to set up a cake business in Goa. And she succeeded
Goa's Namrata Khandeparkar quit her high-paying Module Lead job at Persistent Systems after finding corporate life creatively unfulfilling. A computer engineer, she gave herself one year to turn baking into a business. Starting with workshops in a rented flat, she reinvested her earnings and built a customised cake business featuring creative designs.
8 outlets across Hyderabad in 8 years after quitting her IBM job: Techie turns her love for desserts into a thriving business
Sahithya Raj quit her SAP BI consultant job at IBM in December 2017 to turn her love for baking into a business. Starting with brownies and cupcakes from her apartment kitchen, she gradually expanded production, secured Rs 1.3 crore in funding and built a boutique bakehouse brand with eight locations across Hyderabad. She was recognised at Times Power Women 2026.
From Rs 25,000 to Rs 2.5 crore: Three Pune brothers turn college kabada project into goldmine, sold 20 lakh kg scrap
Three Pune brothers have transformed a college project into a Rs 2.5 crore scrap collection business. Jayesh, Ganesh and Vaibhav Pakhale started ScrapDeal in Pune with an initial investment of just Rs 25,000. The startup has recycled 20 lakh kg of scrap, serves over 1 lakh individual customers and works with more than 100 businesses. The brothers are targeting Rs 5 crore in revenue in FY27.
Amitabh Bachchan’s co-star was one of Bollywood’s highest-paid actresses at 15, owned a Mercedes and five houses. Left showbiz at 21. Her son, a superstar, is now starring in most expensive Indian film
At an age when most teenagers are preoccupied with their Class 10 examinations, friendships and first crushes, Neetu Singh was already enjoying the luxuries of life, driving a Mercedes-Benz and owning a house purchased with her hard-earned money. She began her journey in the entertainment industry at just eight years old as a child artiste, appearing in films such as Do Kaaliyan and Waris.
From streaming to software, microdrama startups rewrite their growth pitch
Peak XV Partners-backed Dashverse has discontinued its consumer platform DashReels and is looking to raise $30-40 million, largely for Frameo AI, its video production software for businesses. Eloelo, which raised $80 million this week led by Hornbill Capital and NBCUniversal, is investing in Dolphin AI, its new production suite, alongside content creation and international expansion.
Failed UPSC dream to Rs 130 crore success: How Bengaluru man turned Rs 1 crore investment into a healthy food business
Sandeep Jangala's journey began with a dream of becoming an IAS officer, but the road to success was not without its obstacles after his UPSC attempt fell short. Undeterred, he pivoted to entrepreneurship, successfully launching a tech startup that caught the attention of investors. In 2022, he and his wife co-founded Yummy Bee, a company dedicated to providing children with healthy food choices.
Urijah Faber reveals that MMA star Nate Diaz once thought he was rich with just $15,000, planned to buy a house and a car: Here’s how much Diaz has made now
In a lighthearted moment, Urijah Faber shared a funny tale about Nate Diaz's financial misunderstanding post-The Ultimate Fighter victory. With a newfound $15,000, Diaz was eager to purchase a home for his mom, only to be hit with a financial reality check while car shopping with a buddy. Though a championship eluded him, Diaz has thrived in the UFC, now boasting a large net worth from multiple ventures.
This European country is offering 3 days off from work to play GTA 6, but there's a catch
The course is not a GTA 6 gaming holiday. It uses open-world games as a learning environment to teach skills that can be applied to professional life. The timing has gained attraction because participants may be able to explore a newly released game while attending an officially recognised educational programme.
NZ vs IND, 2nd ODI: Gurnoor Brar's four-wicket streak leads India to win by four runs
Team India achieved a narrow victory over New Zealand by just four runs in Wellington. India's bowlers dominated the New Zealand batting lineup, led by Gurnoor Brar's impressive four-wicket haul. Despite a rocky start in their chase, Shreyas Iyer and KL Rahul contributed significant runs to the team's score. Rain interrupted the match, and India was slightly ahead of the DLS target when play resumed.
Success lesson from Jeff Bezos: He asked one question to himself before quitting daily job to build Amazon. What his 'regret minimisation framework' means?
Jeff Bezos used his 'regret minimisation framework' to decide whether to leave his secure Wall Street job and start Amazon. By imagining himself at 80, he realised he might regret never taking the risk more than failing at the business. Here's how one question shaped his biggest career decision and what aspiring entrepreneurs can learn from it.
Purdue Basketball paid the Beacons $90,000 for a buy game, only to lose to them in double overtime and record the worst start in 50 years
Purdue Basketball kicked off the season with a rocky start, succumbing to defeat in their first two matches against Gonzaga (72-78) and the Beacons (80-83). This marks the team's worst start in five decades. The Beacons celebrated their first Big Ten victory since 2004 with a dramatic last-second shot, while Rakim Chaney and Daniel Jacobsen posted career-defining performances.
Rs 8.02 lakh leave encashment tax exemption denied: Retired employee wins case in ITAT Surat
Retiree Mr. Patel from Bharuch, Gujarat, sought a complete tax exemption on Rs 8.02 lakh of leave encashment. Initially, his company certified only Rs 3 lakh as exempt. The Income Tax Department later imposed tax on an additional Rs 5.02 lakh. To challenge this ruling, Patel approached the Income Tax Appellate Tribunal in Surat, which sided with him, citing the Department's failure to provide justifiable reasons.
'Sad day to see him go': India bowling coach Morkel pays heartfelt tribute to Mohammed Shami after Test retirement
Shami announced his retirement from Test cricket, bringing an end to a career that saw him become one of India's most dependable fast bowlers across conditions and on the biggest stages.
Tesla IPO investors turned $1,000 into $242,000: Can its $1.52 trillion valuation deliver another big payday for shareholders?
Since its initial public offering in 2010, Tesla has surged over 24,000% in stock value. Despite this history, recent earnings data for Q3 reveal a downturn in operating income. Tesla shares plunged 10.77% on Thursday, November 5, closing at $343.69. Friday’s rebound in Nasdaq offered some relief. The company’s high market price suggests optimism for future innovations in AI, like Robotaxis and Optimus. New shareholders face challenges compared to those who invested early.
Was 255 euros fine behind Cristiano Ronaldo's sudden retirement? World's highest-paid athlete earning $300 million annually quits Portugal duty after fallout with coach
Cristiano Ronaldo officially announced his retirement from the Portuguese national team after an impressive 23-year career. He made this decision following a suspension stemming from disagreements with head coach Jorge Jesus regarding playing time. Ronaldo expressed that the decision was challenging, influenced by both heart and mind. Throughout his international tenure, he achieved remarkable records and contributed significantly to Portugal's football successes.
Developing countries' debt hit record $9.4 trillion in 2025: World Bank
Most of the increase was driven by private financing, with borrowing from private creditors and bond issuance by public enterprises rising nearly 35 percent, the Bank's annual International Debt Report showed.
After laying off thousands, Meta now offers voluntary exit packages like Google and Microsoft. Here's all you need to know
Meta has launched a voluntary exit programme in France, designed to reorganize its team while pivoting towards artificial intelligence development. This attractive package includes severance pay, mobility leave, and extensive career support for transitioning employees. This initiative reflects a growing trend in the tech industry, as companies like Google and Microsoft are also adopting similar voluntary separation strategies. Employees wishing to participate must apply by November 5.
Beyond ‘no subscription’, NeoSapien sees a paid future for advanced AI features
The Bengaluru-based AI wearables startup is exploring another funding round in early 2027 but its CEO said there was no pressure to raise capital because its cash burn remained low and capital from earlier round was still in the bank.
Microsoft buyout offer: Should you take the payout or risk future layoffs? A legal expert explains what to do before signing
Microsoft buyout offer: Microsoft has offered voluntary buyouts to around 60,000 employees, leaving workers to weigh the payout against the uncertainty of staying or finding another job. Employment attorney Craig Levey shares what employees should review before signing, from legal terms and future layoff concerns to negotiation and tax implications.
US Midterm Elections 2026: Are post offices open on Election Day? USPS services explained
In the United States, Election Day is celebrated on November 3, although it does not qualify as a federal holiday. While the majority of citizens will engage in voting, essential public services are expected to run as usual. Some states choose to classify this day as a state holiday, which may influence the availability of government offices and educational institutions.
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