Nearly a decade ago, the first fully electric vehicle (EV) caught fire on the road in the US. It was a model from Tesla, the world's most admired EV maker. A metal fragment punctured the underbelly of the vehicle, penetrating its battery pack, leading to a fire. Indian lawmakers and automakers have had nine years to study the incident (in fact, three Tesla Model Ss caught fire in two months in 2013) but seem to have learnt little.
A magistrate court in Mumbai rejected the closure report filed by the police in a rape case against T-Series company's managing director Bhushan Kumar, son of music baron the late Gulshan Kumar, and held that 'various legal aspects have been compromised' during the investigation.
Tata Consultancy Services (TCS) - the largest information technology (IT) services provider in India and the second-largest globally - recently set an ambitious goal of $50 billion in revenue by 2030. The growth required to reach this goal, however, is lower than the company's own standards. In the past decade, TCS revenues, or net sales in US dollar terms, have grown at a compound annual growth rate (CAGR) of 9.5 per cent, from $10.2 in 2011-12, to an expected $25.3 billion during 2021-22 (FY22), based on its revenue trend in the first nine months of FY22.
'It is not only the hero who displays guts and cleverness but the villain can also have these traits.'
Glass shortage in China and the rising prices of imported glass used in finished solar panels have already hit the cost of solar panel imports. The cost of solar modules imported by India have increased 22 per cent since June last year. India imports close to 90 per cent of its solar cells and modules, of which nearly 80 per cent is from China. Domestic solar equipment makers import glass panels and are the largest suppliers in China. The price of a solar module glass has increased 150 per cent in the past six months, revealed industry estimates.
A business in India wanting access to maps and geospatial data would typically have to wait months before it got what it wanted. All this is set to change with the new guidelines on geospatial data, report Neha Alawadhi and Peerzada Abrar.
Sebi has barred Allegro Capital and one of its senior executives from the securities market for one year in a case related to alleged insider trading activities in the shares of Biocon. Besides, the market watchdog has directed them to disgorge wrongful gains along with interest. The amount would be more than Rs 24 lakh. Allegro Capital and its director as well as major shareholder Kunal Ashok Kashyap have been fined Rs 10 lakh each, according to an order by Sebi dated July 8.
A certain type of TGV, called V150, holds the world record for the highest speed on any national rail system. This record has been in place since April 2007.
It is the biggest issue we have ever faced in the securities market, where a sensitive and systemically important institution and first-line regulator was not only exploited by unscrupulous elements but functioned like a private fief, points out Debashis Basu.
There was heavy police deployment outside the NCB office, where barricades were put up.
In mid-2020, when Kushal Pal Singh, the undisputed king of India's vast real estate market, relinquished the top post at the country's largest realtor, he left behind an empire that is best compared to the Greek myth of the Phoenix. Once the leader of Delhi's organised real estate market, DLF's steep decline in the 1970s and its majestic rise since has often been cited as a business resurrection story. Now, a year after his departure from the helm of affairs, history seems to be repeating itself at the real estate major. In the 1970s, it was the government prohibitions that had forced DLF to venture into uncharted territory; some five decades later, the Delhi-headquartered firm has set its eyes on another growth trajectory that holds immense potential.
Dilip Vengsarkar's future as a member of the National Cricket Academy (NCA) committee will only be decided when the Board of Control for Cricket in India holds it's next Annual General Meeting, even as the Board is set to appoint a full-time Special Projects director.
Ajay Piramal bets highly on infrastructure, realty
Wistron, which earlier pegged the losses at Rs 437 crore, later notified the Taiwan stock exchange that the total losses were around Rs 50 crore.
'Investors should keep them on their radar and invest over a longer time frame, and expect some of these companies to bite the dust.'
A recent McKinsey report warns that unless IT professionals re-train themselves, they could become irrelevant.
The average variable pay across sectors is projected at 17.4%.
According to industry insiders, India has 400 million smartphones and is the world's fastest-growing app market. So the addition or deletion of apps impacts the global valuations of these platforms. "Based on calls given by various local organisations to delete Chinese Apps, there will be an impact," said Blaise Fernandes, director at foreign policy think tank Gateway House. "All of them eventually will go the IPO (initial public offering) route so there would be economic impact also."
A look at what the IPL teams and players are doing to support the people of India in this massive battle against the deadly coronavirus.
Special Judge Arun Bhardwaj also issued a production warrant against Prasad in the case.
15 per cent of startups in Silicon Valley are founded by Indians.
Twitter has 'withheld' 50 tweets related to a communally sensitive video clip of an elderly Muslim man in Ghaziabad, Uttar Pradesh on the microblogging platform, according to sources.
The company is also looking at creating an algorithm-based talent marketplace and an internal gig workers' community. Talent Cloud will be powered by Algo Talent Development, enabling associates to move across different technologies and industry domains.
The Customs clearance required for moving equipment like laptops, desktops, etc out of SEZ units was delaying things as the clearance had to be taken in person after a first level of approval online.
According to the report, Russia tops the table with 6,375 warheads, followed by the United States with 5,800, and the United Kingdom with 215 warheads.
An impulsive decision to resign could eventually turn out to be a big career mistake, warns Srividya Kannan.
As many as 6,801 cases of fraud were reported by scheduled commercial banks and select financial institutions involving an amount of Rs 71,542.93 crore in the last fiscal.
'I was in China and when they learnt I had made Disco Dancer, they started singing Jimmy Jimmy, Aaja Aaja.'
Real estate biggies expcet single window clearance for upcoming projects.
Films that amazed Aseem Chhabra at the El Gouna Film Festival in Egypt.
The court granted bail to Rabri and Tejashwi Yadav in the CBI case on a personal bond of Rs 1 lakh and a surety of a like amount.
The NCLT said the new board must hold its meeting by October 8 and come out with a road map before the next hearing on October 31
Leading credit ratings agency, Crisil, on Thursday launched real estate ratings, a first by any organisation in India, which would help common buyers make informed purchases in the sector in need of greater transparency.
'It would have been easy to play Danny like a bad guy, but then, at the end, the audience might well have said, "Why is Latika still stuck with this ass**** when he is giving her so much grief?"'
The total demand has remained subdued mainly due to high interest rates and property prices.
Does IAS officers' work go unappreciated, asks Ajit Balakrishnan.
It is understood that this is the second summon by the agency to Rabri after she did not depose before it the first time.
Those looking to take advantage of current market conditions should buy only after conducting due-diligence.
According to state government data, the first 10 months of last year -- January to October 2020 -- witnessed 2,649 murders in Bihar, an average of nearly nine murders a day.
In Mumbai, developers like the R K Jatia and Lodha groups have launched or reopened ultra luxury residential projects, complete with limousine and concierge services.
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