WION Business Wrap | Byju defies ouster attempts, Lufthansa’s wage negotiations, UK exporters woes and more
Containers are stacked at the Port of Felixstowe, Britain
WION's Business Desk brings you this daily round up of global stories from the world of business and economy.
Byju's CEO defies ouster attempts, asserts leadership in a letter to employees
Following an extraordinary general meeting (EGM) where shareholders of Byju's voted to remove Byju Raveendran from the board, the embattled founder and CEO reaffirmed his position in a note to employees, denouncing the proceedings as a "farce."
Lufthansa urges swift resolution in wage negotiations amid union demands
)
3.5-million-year-old mystery creature found in Japan is a 'giant' never seen before
)
JP Nadda, Jitendra Singh meet Sonam Wangchuk at Medanta Hospital: Report
)
Trump announces 200% tariff on generic drugs: Here's what it means for 'Pharmacy of the World' India
&im=FitAndFill=(700,400))
Meet top 5 batters with most runs in India vs Zimbabwe T20Is
)
'Is that a back-up Trump?' Mysterious look-alike standing behind Donald Trump baffles netizens
)
US-Iran war cost hits $37.5 billion as Hegseth seeks $67 billion more for Pentagon
)
YouTube cracks down on AI slop, but didn't it help create the monster? Your channel will be demonetised if...
)
Sonam Wangchuk's connection with George Soros and Ford Foundation explained!
)
Donald Trump heading for a tough midterm elections as approval ratings fall
)
UP BTech gold medalist dies by suicide after failing in nearly 50 govt job attempts, leaves note for father
)
Salman Khan breaks silence on health concerns after viral Mumbai appearance
)
'George Soros playbook': Understanding the foreign funding network around Sonam Wangchuk
&im=FitAndFill=(700,400))
New OTT releases this week (July 20-26, 2026): Musafir Cafe, Adarsh Baal Vidyalaya, 72 Hours- 5 new titles coming on Netflix, Prime Video and more
&im=FitAndFill=(700,400))
2026 FIFA World Cup awards: Full list of Golden Boot, Golden Ball, Golden Glove and every major winner
)
Is Pentagon hiding missile shortage from Trump? US officials raise alarm over Iran war readiness
)
'Criticising him after two or three matches isn't justified': Sikandar Raza backs Vaibhav Sooryavanshi
&im=FitAndFill=(700,400))
FIFA World Cup 2026 team of the tournament: The best XI that ruled football’s biggest stage
)
'We acted immediately...': Indian PM Modi breaks silence on paper leaks as NEET protest, calls for Education Minister's resignation grows
)
Kaylee Hottle was unconscious: Shocking details from first responders revealed after teen star's death
)
'What is wrong...': Anna Hazare breaks silence on Sonam Wangchuk's protest, makes an appeal to Centre
)
FIFA 2026 | 'I am truly sorry': Argentina's Enzo Fernandez, who get red card in final, reacts to loss
&im=FitAndFill=(700,400))
Why US fighter jets use seamless bubble canopies compared to Russian jets
&im=FitAndFill=(700,400))
Why the F-22’s cockpit glass is thicker than a standard fighter jet
)
Student union leaders call off hunger strike at Jantar Mantar after civil society appeal, but protest continues
)
‘He's the architect of the genocide against Palestinians’: Mamdani repeats Netanyahu will be arrested if he visits US
&im=FitAndFill=(700,400))
World's top 7 most liveable cities in 2026 — Check where India and Pakistan stand
)
'Guru is the...': Indian Education Minister Dharmendra Pradhan shares message on education amid calls for his resignation
)
'Not permitted ...': IIT Roorkee issues gag order as students' protest intensifies
)
'This should not happen in a democracy': Shashi Tharoor slams detention of Rahul Gandhi, Priyanka Gandhi after protest outside PM Modi's residence
)
‘Centre had no interest in having a debate’: LoP Rahul Gandhi demands resignation of Dharmendra Pradhan, Amit Shah
)
FBI arrests alleged $547mn medicare fraud fugitive after 3-year global manhunt
While negotiations between German airline Lufthansa and the labour union Verdi continue, Lufthansa expressed its eagerness to swiftly settle the wage dispute concerning thousands of ground crew members.
UK exporters and manufacturers grapple with Red Sea disruption: Report
A recent survey conducted by the British Chambers of Commerce has revealed that a majority of UK exporters and manufacturers have been adversely affected by the disruptions in the Red Sea, stemming from attacks on shipping vessels by Yemen's Iran-aligned Houthi rebels.
Top US universities settle for $166 million over favouring wealthy students
Four prestigious universities in the United States, namely Dartmouth, Northwestern, Rice, and Vanderbilt, have agreed to a combined settlement of $166 million to resolve allegations of favouring wealthy student applicants.
Latest NSSO consumer survey indicates poverty down to 5% in India: NITI Aayog CEO
The latest consumer expenditure survey indicates that poverty has come down to five per cent in the country and people are becoming prosperous both in rural and urban areas, NITI Aayog CEO B V R Subrahmanyam said on Sunday.
India's economic growth forecast to slow to 6.5pc in FY25, says India ratings and research
India's economic growth trajectory is anticipated to decelerate to 6.5 per cent in the fiscal year 2024-25, according to projections by India Ratings & Research (Ind-Ra).
India to assert key interests, opposes China-led investment pact at WTO ministerial meeting
India is set to take a firm stance against a proposal led by China for an investment facilitation pact and advocate strongly for its key interests at the World Trade Organisation (WTO) ministerial meeting commencing on Tuesday.
US airlines increase checked baggage fees amid rising costs: Report
United Airlines has joined American Airlines and JetBlue Airways in hiking checked baggage fees for North American travellers, reflecting the broader trend among major US carriers.
Vinfast seeks import duty reduction in India to boost EV adoption
Vietnamese electric vehicle manufacturer VinFast has made a request to the Indian government to consider reducing import duties on its cars for a period of approximately two years.
Energy trading houses grapple with cash surplus ahead of London meet
As the world's leading energy trading houses gear up for their annual industry gathering in London this week, they confront a significant challenge: what to do with their huge cash reserves.
Broadcom nears $3.8 billion deal to sell end-user computing business to KKR
Chipmaker Broadcom is on the brink of finalising a $3.8 billion agreement to offload its end-user computing (EUC) business to private equity giant KKR, according to sources familiar with the matter.
US treasury official voices concerns over China's excess capacity, assures dollar dominance
Concerns about China's excess industrial capacity and its possible effects on the world economy were voiced by US Deputy Treasury Secretary Wally Adeyemo on Friday.
Central European shoppers remain cautious amid economic uncertainty despite inflation dip
In the heart of Central Europe, despite a slight ebb in inflation, shoppers remain hesitant and cautious about their spending habits, reflecting a deeper-rooted uncertainty in the region's economic recovery.