PM Modi’s determination set to bring Tesla to Indian roads soon, company scouting for factory land
New Delhi, April 4 - It was in 2015 when Prime Minister Narendra Modi visited the Tesla facility in Palo Alto, California and Elon Musk took him for a tour of his electric car plant, convincing the PM that electric vehicles are going
Hero MotoCorp gets Income Tax Dept notice to pay up Rs 605 crore
New Delhi, April 4 - Auto giant Hero MotoCorp on Thursday said it has received a notice from the Income Tax Department to pay up Rs 605 crore as tax and interest for six assessment years.
When the going gets tough, Mahindra gets going: Chairman on rising stock
New Delhi, April 4 - Mahindra Group Chairman Anand Mahindra on Thursday hailed teams in his Group companies for charting a new course and getting them back on customary growth trajectory.
Gold to remain in spotlight as many countries go to polls this year
New Delhi, April 4 - From the beginning of 2024, gold has been on a strong footing having risen by 6 per cent as against the broader equity market says Naveen KR, smallcase Manager & Senior Director, Windmill Capital.
Taiwan earthquake won’t impact global electronics supply chain: ICEA
New Delhi, April 4 - A day after a massive earthquake rattled Taiwan, a key supplier of chips and displays to original equipment manufacturers (OEMs), industry leaders said on Thursday there will not be any impact on the global supply chain serving mobile
Vedanta to raise Rs 2,500 crore in non-convertible debentures
New Delhi, April 4 - Vedanta Limited is seeking to raise up to Rs 2,500 crore in non-convertible debentures.
World Bank, S. Korea to boost ties on digital ID systems for developing nations
Seoul, April 4 - South Korea and the World Bank have agreed to enhance partnership on digital identification initiatives to share expertise and technologies related to South Korea's advanced digital ID system with developing nations, the state-run minting agency said on Thursday.
Gold prices soar to new high for seventh day in a row
New Delhi, April 4 - Gold prices, on Thursday, soared to a new lifetime high of Rs 69,908 per 10 gm on India’s Multi Commodity Exchange (MCX) after the price of the precious metal scaled a new all-time high in the international market
Centre Court Capital launches Rs 350 cr gaming, sports tech fund
New Delhi, April 4 - Venture capital (VC) firm Centre Court Capital (CCC) on Thursday launched a Rs 350 crore fund to revolutionise the country's sports and gaming landscape.
Four carmakers to recall over 50,000 vehicles for faulty parts
Seoul, April 4 - Mercedes-Benz Korea, Stellantis Korea and two other carmakers will recall more than 50,000 vehicles due to faulty components, the Transport Ministry here said on Thursday.
S. Korea to spend $527 million to integrate AI in people’s life
Seoul, April 4 - South Korea will funnel 710.2 billion won ($526.9 million) into the government's projects to integrate artificial intelligence (AI) into everyday life, the science ministry said on Thursday.
Power Ministry sets up panel for monitoring thermal power projects
Mumbai, April 3 - The Union Power Ministry has constituted an independent Thermal Project Monitoring Group (TPMG) for the monitoring and execution of thermal power projects that are under implementation.
Vedanta Aluminium to expand, targets production cost of $600-1,000/ton, new name finalised
Chennai, April 3 - The demerger of Anil Agarwal's Vedanta Ltd into six companies has got the green signal from the bourses while discussions with the lenders on the division of the debt with the demerged entities are on.
Tesla to search for sites in India to set up $2-3 billion EV plant: Report
New Delhi, April 3 - After the Prime Minister Narendra Modi-led government approved a new electric vehicle (EV) policy to attract investments in the EV space by global manufacturers, Tesla is reportedly sending a team this month to search for locations in the
India records robust growth in mineral production for 2023-24
New Delhi, April 3 - India’s index of mineral production for February 2024 rose to 139.6, which is 8 per cent higher compared to the level recorded in February 2023.
Govt allows additional 10,000 tonnes of onion exports to UAE
New Delhi, April 3 - The government has allowed the export of an additional 10,000 tonnes of onion to the UAE, through the National Cooperative Exports Ltd (NCEL), as a friendly gesture at a time when the Eid festival is approaching.
FLY91 ties up with IBS Software for commercial operations
Thiruvananthapuram, April 3 - FLY91, the country’s youngest regional airline, has partnered with IBS Software to power its commercial operations.
Axis Bank says all regulatory nods received for proposed acquisition of shares in Max Life Insurance
New Delhi, April 3 - The Axis Bank said on Wednesday that all the required regulatory approvals for the proposed subscription of shares in Max Life Insurance have been received.
CERT-In warns users of multiple bugs in Android, Mozilla Firefox
New Delhi, April 3 - The Indian Computer Emergency Response Team (CERT-In), which comes under the Ministry of Electronics & Information Technology, on Wednesday warned users of multiple vulnerabilities in Android and Mozilla Firefox web browsers which could allow an attacker to obtain
Nearly 1 million Bangladeshis may slip into poverty: World Bank
Dhaka, April 3 - Nearly 1 million Bangladeshi people are projected to join the ranks of the moderately poor, who earn less than $3.65 a day in purchasing power parity (PPP), said the World Bank in its Poverty Macro Update on Bangladesh.