Business
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Tesla customer waiting for Model X refund for over 2 years
San Francisco: Taking advantage of Tesla’s seven-day, no-questions-asked return policy at the time, a customer who returned his Tesla Model X in early 2020, is still making payments on a $116,000 vehicle…
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Nissan plans its 1st EV with solid-state battery in 2028
Tokyo: Japanese automaker Nissan has unveiled its first prototype production facility for all-solid-state battery cells, which the company aims to bring to market in coming years. Nissan said it aims to launch…
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Fundamental drivers for IT sector growth remain intact: HDFC Securities
New Delhi: The fundamental drivers of the IT sector’s growth have remained intact despite a slowdown said HDFC Securities. The IT index is up more than 40 per cent over the past…
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Indian banana, baby corn can now be exported to Canada
New Delhi; Thanks to the successful negotiations between an Indian agency and the Canadian government, Indian banana and baby corn can now be exported there, officials said on Saturday. “The negotiations between…
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Artificial Intelligence spending in Asia-Pacific to reach $32 bn in 2025
New Delhi: Countries in the Asia-Pacific region are set to spend $17.6 billion on artificial intelligence (AI) systems in 2022 and this is expected to reach $32 billion in 2025, a new…
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Non-Covid demand to drive healthcare sector’s FY23 growth
New Delhi: Non-Covid demand is expected to drive the corporate healthcare industry’s growth in FY23, as per rating agency India Ratings and Research (Ind-Ra). Within the sector, the hospital sub-sector is expected…
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Tesla plans to roll out FSD beta to all customers this year: Musk
San Francisco: Tech billionaire Elon Musk said that his electric vehicle company Tesla is planning to roll out “full self-driving” (FSD) beta software this year to all customers in North America who…
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Challenges in increasing supply will likely keep electricity prices high
New Delhi: Rise in summer time electricity demand, as well as strong economic growth and challenges in increasing power generation, will likely keep short-term electricity rates high in the near term, said…
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Ashneer hits out at BharatPe board members for ‘snatching keys’
New Delhi: Former Co-founder and managing director of BharatPe, Ashneer Grover, on Thursday once again hit at the board members of the fintech company, saying snatching the keys and running a corner…
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Meta planning ‘Zuck Bucks’ digital currency as crypto dream fails
San Francisco: Meta is reportedly planning to launch a digital currency called ‘Zuck Bucks’ — named after its Founder Mark Zuckerberg — and virtual tokens, coins and other financial services, after its…
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Zypp Electric appoints Tushar Mehta as co-founder, COO
New Delhi: EV-based last-mile delivery service provider Zypp Electric on Thursday announced the elevation of Tushar Mehta as Co-founder and Chief Operating Officer (COO). Mehta joined Zypp last year as Business head…
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Xiaomi India gets key ISO certification on distributor selection for offline distribution
Bengaluru: Leading smartphone and TV brand Xiaomi India on Thursday said it has received the key ‘ISO 9001:2015’ certification for their distributor selection and onboarding process for offline distribution. Through this step,…
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Equity indices settle low, HDFC twins share decline
New Delhi: Continuing with early session losses, the benchmark indices — Sensex and Nifty – settled Wednesday’s session in the red due to continued profit booking by investors. Also, the benchmark indices…
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IT spending in India to hit $110.6 bn despite inflation, geo-political disruption
New Delhi: The overall IT spending in India is likely to reach $110.6 billion in 2022 — growing 6.3 per cent from 2021 – as inflation, geo-political disruption and talent shortages are…
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Not necessary to activate ‘Counter-Cyclical Capital Buffer’: RBI
New Delhi: The Reserve Bank of India (RBI) on Tuesday said that it is not necessary to activate ‘Counter-Cyclical Capital Buffer’ at this point in time. In financial parlance, the ‘CCyB’ applies…
