Companies News Update: Qatar Airways, Tesla, KSB, and Byju’s Developments on March 1, 2025

Qatar Airways defends its crew for their handling of a deceased passenger during a flight. Tesla opens its first Indian showroom in Mumbai, with plans for another in Delhi. KSB reports a strong profit increase in its latest financial results. Byju’s faces scrutiny over deleted social media posts regarding serious allegations.

On March 1, 2025, Qatar Airways defended its cabin crew for their actions during a 14-hour flight, where a deceased passenger was placed beside a couple. The airline asserted that the crew acted quickly and professionally under challenging circumstances. Furthermore, Qatar Airways has offered compensation to the affected passengers as a gesture of goodwill, ensuring their concerns were addressed promptly.

In other corporate news, Tesla has completed arrangements for its first showroom in Mumbai, situated in the Bandra Kurla Complex. The showroom will occupy 4,000 square feet, with a rental cost of ₹900 per square foot. Additionally, Tesla is planning a second showroom in Delhi and is exploring options to import vehicles from its Berlin facility to cater to the Indian market.

Regarding financial performance, KSB announced its Q4 results for 2025, reporting a significant profit increase of 33.08% year-over-year, amounting to ₹73.1 crore. The company’s revenue also saw a 20.54% growth, reaching a total of ₹726.4 crore, reflecting a positive trend in its financial metrics.

Furthermore, the situation surrounding Byju’s escalated as Divya Gokulnath revealed that a LinkedIn post addressing allegations against Ernst & Young has been removed. The company called for a thorough investigation into potential collusion related to Glas Trust and related parties, highlighting ongoing concerns regarding integrity and transparency in corporate governance.

In summary, Qatar Airways has confronted a sensitive incident with professionalism, while Tesla expands its footprint in India with new showrooms. KSB’s financial results demonstrate robust growth, reflecting positively on its operational strategies. Meanwhile, Byju’s is navigating challenging allegations that may impact its reputation in the business ecosystem.

Original Source: www.livemint.com

About Marcus Chen

Marcus Chen has a rich background in multimedia journalism, having worked for several prominent news organizations across Asia and North America. His unique ability to bridge cultural gaps enables him to report on global issues with sensitivity and insight. He holds a Bachelor of Arts in Journalism from the University of California, Berkeley, and has reported from conflict zones, bringing forth stories that resonate with readers worldwide.

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