Business

Which States Are Saving Your Fuel Bill? K’nataka, Guj Or Delhi, Maha & WB

  NEW DELHI: The rising price of fuel has undoubtedly affected the life of the common people. With India having one of the highest tax rates for fuel, there has been a constant call for the reduction of taxes. Prominent states like Karnataka and Gujarat were among the first to reduce the rates in November […]

Rs 1.7 L Cr LED Biz: LG, Wipro Announce To Enter Lights Parts India Industry

  NEW DELHI: Nineteen prominent electrical majors including Wipro and LG Electronics have filed applications for Production Linked Incentive (PLI) Scheme for white goods (ACs and LED lights) in the second round of applications with committed investments of Rs 1,548 crore. Prominent names like Mitsubishi Electric, Adani Copper Tubes, Crompton Greaves, Jindal Poly films, Zeco Aircon, […]

No Problem In Tesla Producing EVs In India: Nitin Gadkari

  NEW DELHI: Minister for Road Transport and Highways Nitin Gadkari said that the country has no problem if Tesla is ready to manufacture its electric vehicles in India but, he added, that Elon Musk’s company must not import cars from China. During an interactive session at India’s geo-economic conclave, Raisina Dialogue, in its national capital, […]

Future Uncertain: Twitter CEO Parag Agrawal To Employees After Elon Musk Takeover

  NEW DELHI: Parag Agrawal, Twitter Inc’s India-born Chief Executive, told employees on Monday that the future of the social media firm is uncertain following the USD 44 billion deal with billionaire Elon Musk. Agrawal, who took over the helm of Twitter just five months back, was speaking during a company-wide town hall meeting after […]

Twitter Liberates Self As Musk Seals It with $44bn Deal; Many In India Cheer Aloud

NEW DELHI: Micro-blogging website Twitter’s board on Monday surprised the world as it accepted the billionaire Elon Musk’s offer to buy the social media company, ending a week-long saga that oscillated between “$54.20 per share” to a poison pill. With this announcement, Twitter board has ratified a deal that almost places it as one of […]