Business
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China leading the world in EVs, renewable energy: Musk
New Delhi: Elon Musk on Monday said that whatever the world thinks of China, the country is leading the race in electric vehicles (EVs) and renewable energy. Tesla has one of its…
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Tata Motors to acquire Sanand plant, signs MoU with Ford, Gujarat govt
New Delhi: Automobile maker Tata Motors’ subsidiary Tata Passenger Electric Mobility on Monday signed a tripartite Memorandum of Understanding (MoU) with Ford India and the government of Gujarat for takeover of Ford’s…
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Momentum with markets — Expect further up move
Markets continued their choppy and volatile manner during the week gone by. The end result was quite straight forward with the first three days of trading resulting in losses and the remaining…
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Projects involving over Rs 19,100 crore of JICA assistance being implemented in NE: Official
Guwahati: Various projects involving over Rs 19,100 crore of assistance by the Japan International Cooperation Agency (JICA) are being implemented in the North-East region of India, a top official said on Sunday.…
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‘Drone Destination’ to establish 150 drone pilot training schools by 2025: CEO
New Delhi; Delhi-based company ‘Drone Destination’ plans to establish at least 150 drone pilot training schools across the country by 2025, its CEO Chirag Sharma has said. “We intend to partner with…
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Centre implementing infra projects worth Rs 1,34,200 crore in NE: Sitharaman
Guwahati: Union Finance Minister Nirmala Sitharaman on Sunday said the Centre is implementing various rail, road and air connectivity projects worth Rs 1,34,200 crore in the northeast. Addressing the ‘Natural Allies in…
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Venus Remedies registers 9.22 pc growth in sales for FY 2021-22
Chandigarh: Pharma company Venus Remedies on Saturday said it has registered a 9.22 per cent increase in annual sales in 2021-22 in comparison to sales in 2020-21. “Aided by concerted efforts to…
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Adani Group’s drone division exploring two revenue models similar to tractor industry
New Delhi: The Adani Group’s commercial drones division is exploring two revenue models — dealer-based and service-based — while keeping its primary focus on the agriculture sector, a top official of the…
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Hyderabad: Bharat Dynamics Limited achieves 47% jump in turnover
Hyderabad: Bharat Dynamics Limited (BDL), a city-based Defence Public Sector Undertaking which manufactures ammunitions and missile systems, reported a 94 percent increase in Profit after Tax (PAT) on Friday. The PAT stood…
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Tesla in India: Elon Musk says ‘no plant where sale (of imported cars) not allowed’
Texas: Hinting that Tesla will not put a manufacturing plant in India the carmaker’s chief executive officer (CEO) Elon Musk said on Friday tweeted that until the company is first allowed to…
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Shareholder sues Musk for manipulating Twitter stock for personal gains
San Francisco: A Twitter shareholder has sued Elon Musk, alleging that the Tesla CEO actively manipulated the company’s stock for personal gain. The lawsuit alleged that Musk proceeded to make statements, send…
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Rupee inches 3 paise higher to 77.58 against US dollar
Mumbai: The rupee inched 3 paise higher to close at 77.58 against US dollar on Friday, supported by positive domestic equities and weakness of the American currency overseas. Forex traders said the…