Maharashtra Chief Minister Uddhav Thackeray told British billionaire Richard Branson that he would study the Mumbai-Pune ultrafast Hyperloop transport project and take further decisions. Branson met Thackeray in Mumbai to clear "misunderstandings" and gauge the new administration's interest in the $10 billion project. Branson had said the entire cost of the project will be borne by the private sector and it will not depend on any funding from the state.
Operationalising the ban is being fleshed out: it will entail which cryptocurrencies will be banned and how.
Christopher Wood, global head of equity strategy at Jefferies reiterate his bullish view on Indian equities on the back of a steady fall in Covid cases coupled with a sharp economic recovery in India, reports Puneet Wadhwa.
Step on the gas and the power that propels the compact four-seater will take you by surprise as it hurtles towards the 80 kmph like a racing thoroughbred, never compromising any stability thanks to its rigid chassis and solid 1,600-kg kerb weight that gives it a well-planted feel along straights, corners and tricky lanes and roads, says Pavan Lall.
Apple Inc may have the best to offer in the near term.
None of the Big Tech companies or tycoons appears to be playing a meaningful role in the testing, spread, cure, or eradication of the virus or even in contact tracing so far, says Prosenjit Datta.
SoftBank-backed Ola Electric took the wraps off its maiden e-scooter offerings -- Ola S1 and S1 Pro -- for a commercial launch on Sunday. With prices starting from Rs 99,999 (excluding state government incentives, registration fee, and insurance cost), the Bhavesh Aggarwal-founded firm said the e-scooters are designed and engineered in India for the world and will deliver the best scooter experience to the consumer. He suggested that after 2025, sale of petrol-powered two-wheelers should not be allowed.
India has the third highest number of billionaires in the world after the US and China, according to a new list by the prestigious Forbes magazine, which said Reliance Industries chairman Mukesh Ambani reclaimed his spot as Asia's richest person, dethroning Chinese business tycoon Jack Ma who was the richest person in the region a year ago.
'India should start leveraging rather than banning crypto.'
An innovator creates intellectual property for a need no one knows exists, says Chandru Chawla.
Apple's head of mergers and acquisitions, Adrian Perica, met with Tesla Motors Inc founder Elon Musk at the company's headquarters last year around the same time analysts suggested that Apple acquire the Model S electric car maker, the newspaper reported on Sunday.
While the world hasn't yet embraced electric cars, that might change soon when Tesla introduces two other potentially game-changer models.
The electric vehicle evolution in India's passenger vehicle market has remained frozen in time and may see limited adoption over the next decade, experts say.
Unlike previous Paris auto shows, where new diesel models took centerstage, much of the buzz this year centred around hybrids and electric vehicles.
There are few firms that are applauded for managing a healthy top line growth along with an impressive brand image that inspires most companies.
Users well-versed in privacy laws or those concerned with their data would be worried; it could well be that many of us have already accepted the end user agreement without ado, points out Ashish Narsale.
Mukesh Ambani is stringing in new partnerships within the Reliance ecosystem with the best in global business -- from Facebook, Google and Microsoft to umpteen sovereign wealth funds and a soon-to-be-declared strategic partner in a big global retailer, notes Shailesh Dobhal.
Hip hop artist-producer Kanye West took to Twitter on Saturday to announce he would be running for president of the United States, in the elections slated to take place in November.
In four years from now, you can holiday in space too.
Only 36 per cent in Japan and 44 per cent in Germany were willing to use such vehicles.
Don't spend your time trying to raise funds and then get demotivated by the rejection. Spend your time growing your company first, says Arjita Sethi.
'To keep the next catastrophe at bay, a carbon free economy will be an imperative. 'Our 2000 cc internal combustion engine powered personal cars and public transport may have to give way to electric and hydrogen powered fuel cells. 'The oil refineries which were so much part of my professional life may have to be dismantled and trees planted in its place. 'The smokestacks, which once upon a time represented growth and prosperity, will now be gory symbols of a polluting past,' notes former Hindustan Petroleum chairman Arun Balakrishnan.
Bharti Global is planning to put up more satellites and has set a stiff deadline to launch commercial Internet services by October in the UK, Alaska, northern Russia and northern Europe.
In addition to Pichai and Nadella, IBM's Arvind Krishna, Micron's Sanjay Mehrotra, Ajay Banga from Mastercard and Ann Mukherjee from Pernod are among the six Indian-Americans among over 200 corporate honchos who will advise the President and offer recommendations on how to revive the American economy.
World number one Novak Djokovic was sensationally disqualified in the US Open fourth round on Sunday after striking a line judge with a ball following a point during the first set of his match against Spain's Pablo Carreno Busta.
Large manufacturers are investing in small companies to get a peek into their R&D. Alnoor Peermohamed and Anita Babu report.
"We are delighted to welcome Google as a strategic investor in Jio Platforms. We have signed a binding partnership and an investment agreement under which Google will invest Rs 33,737 crores for a 7.7 per cent stake in Jio Platforms," Mukesh Ambani said at the company's annual general meeting.
The US has been, historically, a sleeping partner in India-China relations. Today, any attempt by the Modi government to make a bilateral move to improve relations with Beijing could upset Biden's apple cart, notes Ambassador M K Bhadrakumar.
The US president-elect met Silicon Valley's most powerful executives -- CEO of Microsoft Satya Nadella, Jeff Bezos of Amazon, Tim Cook of Apple, Elon Musk from Tesla, Larry Page and Eric Schmidt of Alphabet -- parent company of Google among others.
The spacecraft is the first to take the American astronauts to orbit from American soil in nearly a decade.
It is not clear as to whether we are in a bubble in technology stocks. What is clear, however, is that there is no reason why this potential bubble will pop anytime soon, notes Akash Prakash.
'Personally, I have reached that stage where I think material things can't give you any satisfaction.'
The list includes Hindustan Unilever, Asian Paints and Bharti Airtel - firms that investors feel are most likely to come up with the next big innovation.
Take a look at these dazzling cars of the future.
Lightning Logistics, Shreyas Shibulal's start-up, rents out electric scooters along with the riders for last mile delivery.
Are we seeing a replay of March 2000? What are the similarities and differences and how worried should we be, asks Akash Prakash.
The $306-million investment in Ola Electric Mobility by SoftBank Corp, Arun Sarin Family, Ratan Tata and Matrix has been the biggest funding in this space in value terms this year.
The latest Hollywood updates.
Though startups find 17 mentions in the Budget speech of the finance minister, and have been promised tax exemptions, the reality is that only 2 per cent of the 4,648 applications received from startups for income tax exemption had been approved as of February 2019, according to an answer to a Parliament question. As India's startup space bubbles with activity - new, young players are tapping into opportunities opening up - there are local anti-portfolio stories circulating about investors missing opportunities in 'unicorns', or companies that have reached valuation of $ 1 billion, says Vandana Gombar.
Apple spent more than a year investigating the feasibility of an Apple-branded car.
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