'The danger is that when the music stops, the fall will be sudden, faster, and deeper than anyone expects,' warns Debashis Basu.
Amidst growing competition and global softening of EV demand, its India entry was due for a long time and that finally happened sometime back although yet again the approach was different.
The former Congress president also tagged a post by Tesla CEO Elon Musk in which he talked about eliminating EVMs.
'India has very strong tariffs on certain imports from the US. Like in the automobile sector, India charges 100 per cent'
Thousands of people gathered in Washington to protest against Donald Trump's policies ahead of his inauguration as the 47th President of the United States. The People's March, a coalition of nonprofit bodies, organized the demonstration to voice their opposition to Trump's policies and values. The protesters, displaying anti-Trump posters and banners, chanted slogans against Trump and his supporters, including Tesla owner Elon Musk. Similar protests, though on a smaller scale, were also held in cities like New York, Seattle, and Chicago.
Trump also said that he has also used the H-1B visa programme.
Can you identify these celebs at the screening of Baz Luhrmann's Elvis at the Cannes film festival?
Many users of Gmail, YouTube and social networks Facebook and Instagram faced problems in logging into their accounts in several parts of the world, including India on Tuesday evening.
An electric vehicle exploded and caught fire outside the Trump International Hotel in Las Vegas on Wednesday, according to officials and videos on social media.
Engineers from Space X said that the 400-foot-tall ship, launched from the company's Starbase facility near Boca Chica Beach in Texas, lost altitude control after several engines stopped working 20 seconds before the end of the ascent burn.
As part of a plan to refinance debt and expand its upcoming constellation of satellites, French satellite major Eutelsat Communications will raise euro 1.35 billion, or $1.55 billion, through a reserved capital increase and a rights issue, the company announced on Friday. Bharti Enterprises' space venture, Bharti Space Ltd, will invest euro 31.4 million, or $36 million, in the capital raise.
The Rose Monday Parade is the highlight of Germany's carnival celebrations, particularly in cities like Cologne, Dusseldorf and Mainz.
The rocket flight was aborted in order to plug the liquid oxygen leak identified during post-static fire Falcon 9 rocket inspections.
'There was no financing or even promise of finance involved in MoU, forget X or Y amount'
The company had announced similar pricing for Sri Lanka, where its application was in advanced stages of regulatory clearance.
Elon Musk is one of the world's most successful entrepreneurs.
'For the Indian economy to maintain a growth rate of 7 to 8 per cent, it needs large foreign direct investment coming in, and that's mainly coming from the US.'
Shares of Reliance Industries as well as Bharti Airtel began the trade on a positive note on Wednesday after the two firms announced their partnerships with Elon Musk's SpaceX for providing high-speed internet services in India. Bharti Airtel stock opened with a gain of 5.49 pc to hit a high of Rs 1,388.25 apiece on the National Stock Exchange (NSE). Soon, it pared all gains and traded 0.77 per cent lower to Rs 1,650.10 per piece.
Elon Musk-led Tesla Inc is yet to express interest in India's flagship scheme to attract global investment in electric vehicle (EV) manufacturing, said Union Minister for Heavy Industries H D Kumaraswamy on Monday. In contrast, multiple global automobile giants -- such as Mercedes-Benz, koda Auto Volkswagen, Hyundai Motor, and Kia Motors -- are keen to participate, the minister noted.
Despite exploding three minutes into the flight, SpaceX described the mission as a success -- because the spacecraft had gotten off the launchpad and fulfilled the primary purpose of the test-flight.
'Our politicians solely depend on bureaucrats who are unaccountable and follow their own agenda.' 'Our politicians would dare not dream of establishing a DOGE,' argues Lieutenant General Prakash Katoch (retd).
The Indian government has said that social media platform X will be held responsible for content generated by its artificial intelligence tool Grok. This comes after users on X asked Grok questions about Indian politicians and the AI platform responded with "unpalatable" answers. The government is currently in discussion with X to understand and assess how Grok works. The government has previously taken action against social media platforms for AI-generated content that has been deemed offensive. In this case, the government is considering holding X accountable for Grok's content, even though it is generated by an AI tool. The government's stance is likely to have implications for other social media platforms that use AI tools.
Prime Minister Narendra Modi congratulated Donald Trump on his historic inauguration as the 47th US president and said he looks forward to working closely together once again, to benefit both the countries as well as to shape a better future for the world.
Tesla began taking orders for its Model 3 sedan from Indian customers in 2016 and caught the fancy of people like GOQii's Vishal Gondal, Paytm's Vijay Shekhar Sharma and venture capitalist Mahesh Murthy. Amid hints from Elon Musk, Alnoor Peermohamed reports on Tesla's Indian entry.
'If the Trump administration decides to put guardrails on H-1B visas, that will surely impact both US and Indian firms.'
An hour before his bilateral meeting with Prime Minister Narendra Modi, Trump again commented on India's tariff structure, saying 'they have the highest tariffs' and 'it is a hard place to do business'.
The United States has approved the extradition of Tahawwur Rana, accused of involvement in the 2008 Mumbai terror attacks, to India. The decision was announced by President Donald Trump during a joint press conference with Prime Minister Narendra Modi in the White House. India is currently working on the logistics of Rana's surrender and extradition, with several final steps to be completed before he is sent back to India. The joint statement issued by India and the US during Prime Minister Modi's visit reaffirmed their commitment to fighting terrorism and eliminating terrorist safe havens. The leaders also called on Pakistan to bring to justice the perpetrators of the 26/11 Mumbai and Pathankot attacks. Rana, a Canadian national of Pakistani origin, is currently lodged at a metropolitan detention center in Los Angeles. He is associated with Pakistani-American terrorist David Coleman Headley, one of the main conspirators of the 26/11 attacks.
Trump spoke approvingly of his recent telephone conversation with Xi Jinping. This could indicate the possibility of America and China reaching some level of tactical accommodation, which would not be good news for India, points out Ambassador Shyam Saran, a former foreign secretary.
Modi will try to impress upon the Trump administration the importance of appreciating its sensitivities and political implications on the issue of deporting undocumented Indians in military aircraft.
A probe into the biggest drug haul of 6,000 kg methamphetamine in the Andaman and Nicobar Islands has shown that the Myanmarese smugglers were using the Starlink satellite internet services for navigation through the mid-sea, a top police officer said on Thursday. Authorities suspect that the drug consignments may be linked to notorious international cartels, such as Tse Chi Lop's (the Chinese El Chapo) or Nemesio Oseguera Cervantes' (El Mencho) operations.
SpaceX's Falcon-9 rocket was scheduled to blast off from the Kennedy Space Centre in Florida on Tuesday evening.
US President-elect Donald Trump has nominated Indian-American scientist Jay Bhattacharya to lead the National Institutes of Health (NIH), the country's top health research and funding institutions. Bhattacharya, a professor of Health Policy at Stanford University, is known for his research on the health and well-being of vulnerable populations. Trump also nominated Jim O'Neill as the deputy secretary of Health and Human Services to work alongside Robert F. Kennedy Jr.
India on Friday said that the United States' administration's information regarding funding in India is 'deeply troubling' and has led to concerns regarding foreign interference in India's internal affairs.
Prime Minister Narendra Modi has praised US President Donald Trump in a podcast, describing him as a "man of courage" and saying they share a "mutual trust" based on their "America First" and "India First" philosophies. Modi recalled Trump's resilience after being shot at during the US election campaign and his willingness to engage with the public at a community event in Houston. He also highlighted the shared nationalistic approach they both embrace.
Trump said that leaders in India and Pakistan are "great leaders" and "they understood, and they agreed, and that all stopped".
Billionaire Gautam Adani's younger son Jeet will wed next month in a simple and traditional ceremony, without any pomp and show and celebrity stars. Adani, on Mahakumbh pilgrimage with his family, scorched speculations of a star-studded wedding of his son Jeet with Diva Shah, daughter of Surat diamond merchant Jaimin Shah. "It will be a very simple, traditional marriage... just like common people," he told reporters in Prayagraj.
US President Joe Biden greeted his successor Donald Trump at the White House with the message "welcome home" as Trump's motorcade arrived at the official presidential residence. Biden and Trump then went inside the White House for their traditional tea. Trump, 78, will be sworn in as the 47th president of the United States, succeeding Biden, 82. The ceremony has been moved inside the Rotunda from outside the Capitol Hill facing the majestic National Mall.
Prime Minister Narendra Modi concluded his visit to the United States after holding high-level bilateral talks with President Donald Trump on a wide range of subjects, including trade and technology, defence and security, energy and people-to-people ties. The two leaders decided to take a significant step in deepening their strategic ties, particularly in the areas of defence, energy, and critical technology. Modi also met with key American officials, including National Security Advisor Michael Waltz and Director of National Intelligence Tulsi Gabbard, and prominent business leaders like SpaceX CEO Elon Musk and Indian-American entrepreneur Vivek Ramaswamy.
Government employees in Bangladesh locked down the main gate of the Bangladesh Secretariat in Dhaka, protesting a new service law that allows for easier dismissal of officials for misconduct. The protest, which lasted for about half an hour, disrupted government operations. The employees also threatened to continue their protests until the ordinance was scrapped. Meanwhile, the protest by employees of the Dhaka South City Corporation, demanding the installation of BNP leader Ishraque Hossain as its mayor, has brought administrative services to a halt. These protests, coupled with concerns raised by the business community and the military, highlight a growing sense of unease in Bangladesh over the policies of the interim government.
Taiwan's double world champion Lin Yu-ting, one of two boxers at the heart of a gender row, won her featherweight round of 16 bout against Uzbekistan's Sidora Turdibekova
