Companies News Today: Key Developments on March 1, 2025

Qatar Airways defended its crew’s actions regarding a deceased passenger placed adjacent to a couple. Tesla opened its first showroom in Mumbai and plans to expand to Delhi. Ksb reported a significant profit increase for Q4 2025. Byju’s co-founder announced the removal of a LinkedIn post addressing fraud allegations against key partners.

On March 1, 2025, Qatar Airways defended its cabin crew’s actions after a distressing incident on a 14-hour flight, where the body of a deceased woman was placed next to a couple. The airline stated that the crew acted quickly, professionally, and appropriately under the circumstances. Additionally, they have provided compensation to the impacted passengers to alleviate their distress regarding the event.

In other news, Tesla has completed a deal to establish its first showroom in Mumbai’s Bandra Kurla Complex, covering 4,000 square feet at a rent of ₹900 per square foot. There are plans for a second showroom in Delhi, with considerations underway for importing vehicles from Berlin to cater to the Indian market.

Moreover, Ksb reported impressive quarterly results for Q4 2025, revealing a year-on-year profit increase of 33.08%, amounting to ₹73.1 crore, with revenue rising by 20.54% to ₹726.4 crore.

In a separate development, Divya Gokulnath, co-founder of Byju’s, announced that a post concerning allegations against Ernst & Young (EY), Glas Trust, and former resolution professional Pankaj Srivastava has been removed from Byju’s LinkedIn account. She has called for a thorough investigation into these serious claims, which involve alleged collusion and fraud.

With these events, businesses are continually adapting to challenges while striving to maintain their reputations within the industry, illustrating the dynamic nature of the corporate landscape today.

In summary, Qatar Airways has defended its actions regarding a recent incident involving a deceased passenger, while Tesla continues its expansion in India with new showrooms. Ksb reported strong quarterly financial results, and concerns surrounding Byju’s leadership highlights ongoing challenges in the business sector. These developments underscore the ever-evolving nature of global business operations and stakeholder management.

Original Source: www.livemint.com


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