Business
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Tesla quietly develops virtual power plant in Japan
Tokyo: Electric car maker Tesla is quietly developing a virtual power plant in Japan as it has revealed that since 2021, it has been quietly installing its Powerwall batteries at residences on…
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Reliance plans Rs 2.75 lakh cr investment; prepares for larger battle with Adani group
Mumbai: Billionaire Mukesh Ambani on Monday announced a Rs 2.75 lakh crore investment plan to expand and diversify his USD 221 billion-empire by rolling out 5G services from October, adding capacity in…
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Rupee ends 10 paise lower; touches all-time low of 80.13 against US dollar
Mumbai: The rupee ended 10 paise lower at 79.96 against the US dollar after touching an all-time low of 80.13 in early morning trade on Monday. The rupee breached the 80-to-a-dollar mark…
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Mukesh Ambani outlines Next-Gen leadership roles at Reliance Industries
New Delhi: The 45th annual general meeting of Reliance Industries Limited (RIL) has set the stage for Next-Gen leadership. Mukesh Ambani, Chairman and Managing Director of RIL, laid emphasis on Next-Gen leadership…
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Ashok Leyland adds 2 s to ‘Dost’ range
Chennai: Commercial vehicle-maker Ashok Leyland on Monday launched BADA DOST i1 and i2 and its limited edition, adding to the range of BADA DOST vehicles. The flagship company of the Hinduja group…
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Sensex sinks 861 points as hawkish Fed roils global markets
Mumbai: Equity markets buckled under selling pressure on Monday as an intense sell-off emerged in IT, teck and banking stocks amid a bearish trend overseas following hawkish comments from the US Federal…
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Women own 45% of startups in Saudi Arabia: Report
Riyadh: The official Saudi statistics on Sunday revealed that the establishments owned by women amounted to 45 percent of the total owners of start-up companies in the Kingdom. According to a report…
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BYD Auto pips Tesla to become top-selling EV brand globally
New Delhi: Global passenger electric vehicle (EV) sales grew 61 per cent (on-year) to reach 2.18 million units in the second quarter this year, a new report said on Monday, as for…
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Jio to launch 5G by Diwali, aims to cover entire country by 2023: Ambani
Mumbai: Reliance Jio is all set to launch high-speed 5G telecom services by Diwali this year in multiple key cities such as Delhi, Mumbai, Kolkata and Chennai. Subsequently, it intends to expand…
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Rupee falls to record low against US dollar
Mumbai: The Indian rupee fell sharply on Monday and touched the 80 mark against the US dollar after the Federal Reserve chair Jerome Powell’s hawkish speech. At 11 a.m., the rupee was…
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September, historically, the worst month of the year for the US stock market
New York: September, which begins on Thursday, is historically the worst month of the year for the US stock market. The Dow and S&P 500 and fell sharply in September last year…