At Prestige Polygon Towers in Chennai's Teynampet, hectic preparations are on for a mega global investors' meet under the aegis of Guidance Tamil Nadu (the state investment promotion agency) scheduled for January 2024. Asked about the key focus areas of the meet, the agency's managing director and chief executive officer, V Vishnu, said the state was betting big on electric mobility. This is no surprise, given that the state has signed electric vehicle (EV)-related memorandums of understanding (MoUs) with several companies in the recent past that may bring in investments worth around Rs 33,000 crore with the potential to create over 43,000 job opportunities.
'My wife, family members as well as members of the workers will be trustees.' 'The trust will take all decisions -- no family member can individually take any decision.'
The country's largest software company Tata Consultancy Services (TCS) on Wednesday said its net profit increased 8.7 per cent year-on-year to Rs 11,342 crore in the September 2023 quarter. The Tata Group flagship had reported a net profit of Rs 10,431 crore in the year-ago period.
The indictment says the alleged co-conspirators "knowingly and willfully joined a conspiracy to unlawfully change the outcome of the election in favour of Trump".
India also objected to the ambassador holding some meetings there.
'But he was very quick and did a very stylish adab.' 'Of course, I didn't expect him to hug.'
Tesla Inc, the world's largest electric car producer, is looking to make a significant investment in India, said its chief Elon Musk, who saw India as holding more promise than any other large country around the globe. Musk, after meeting Prime Minister Narendra Modi, said he plans to visit India in 2024. "I am confident that Tesla will be in India and we will do so as soon as humanly possible," Musk told reporters after the meeting.
Some investors have questioned whether James is less attached to some parts of the media empire that his father built
Barring dissident MLC Rameshwar Mahto, who has an axe to grind against some ministers close to the CM, legislators and office bearers of the party chose to give the session a wide berth.
Brad Pitt's as-yet untitled Formula One movie starts filming at Silverstone against the race backdrop at this weekend's British Grand Prix.
'We support the importance of free press around the world. We continue to highlight the importance of freedom of expression and freedom of religion or belief as human rights that contribute to strengthening democracies around the world. It has strengthened this democracy here in this country. It has strengthened India's democracy'
UK's largest union Unite warned Tata against ducking its promises and conducting a 'fire sale' of its specialty steel business
New Zealand shooter kills two on eve of Women's Soccer World Cup
Drug shortages in the US are at an all-time high, and price erosion has stabilised, which could benefit Indian pharmaceutical (pharma) companies with a US focus, according to analysts. Nuvama Research analysts said that US price erosion seems to have normalised to its old levels of 6-8 per cent and volumes are picking up with easing of inventory. Similarly, an ICICIdirect analyst noted: "Price erosion intensity has now moderated to a single digit and is expected to tone down a
Chanting slogans of "Modi Modi" and India-US friendship, Indian Americans walked in a procession for over an hour towards the historic Lincoln Memorial where the participants busted into an impromptu dance.
There is the problem of regions in the North East being theatre for power-play by nations with borders and influences converging in those parts, which in turn requires a sizable presence of the armed forces, notes Shyam G Menon.
The acquisition will allow Lenovo to diversify revenue away from the shrinking PC business.
Spain's captain Olga Carmona -- the scorer of Sunday's deciding goal -- plays for Real Madrid, where the women's team generated revenues of 1.4 million euros in the 2021/22 season, according to Deloitte. That compared with the Real Madrid men's teams revenues of 713.8 million euros in the same season.
Richest Indian Gautam Adani's group, which has grown on acquisitions, has fairly solid fundamentals but debt-funded future acquisitions can start putting pressure on ratings, S&P Global Ratings said on Thursday. Starting out as a commodities trader in 1988, the Adani group has diversified from mines, ports and power plants into airports, data centres and defence. It recently forayed into the cement sector with a $10.5 billion acquisition of Holcim's India units and is also looking to set up an aluminium factory. Most of this expansion has been funded by debt.
He said that fact-checkers are a reference point to fight against misinformation and rejected arguments that it will adversely impact "free speech".
News media takes a beating from the economy, advertisers and the rupee. To stay afloat, publishers are reacting by folding up businesses and axing staff.
The Securities and Exchange Board of India (Sebi) has plans to give a fillip to disclosure requirements to encourage better information symmetry at listed firms. Under the current regulations, companies need to disclose any event such as acquisition, merger, demerger, restructuring, or sale of any unit which will have an impact on the business. In its consultation paper dated November 12, Sebi has proposed new thresholds for so-called 'material disclosures'.
Asserting that the JD-S does not practice opportunistic politics, Gowda while defending the decision to ally with the BJP said, "This party has to be saved, which has been his pain and struggle for decades, and there is no selfishness in this....I took the decision."
Dubbing such incidents as "terrible", the senior Bharatiya Janata Party leader, however, said that they are "rare" in a large country such as India.
This State-corporate 'cooperation' didn't begin with the arrival of the Modi government.
Many of the big licences, contracts, and even environmental clearances for the Adani group had come in the UPA's time, points out Shekhar Gupta.
Barely days after imposing a 40 per cent export tax on onions to cool down soaring prices, which, in turn, triggered widespread protests across the main growing belts, the Centre on Tuesday sought to mitigate both political and economic tensions gripping parts of Maharashtra. It decided to procure an additional 200,000 tonnes of onions at Rs 2,410 per quintal for its buffer stock from farmers, a rate that is strikingly close to the price at which they were being exported before the 40 per cent duty was levied on August 19. The export price before the imposition of the duty stood at around $320 per tonne free on board (approximately Rs 2,650 per quintal).
News of all that's transpired on and off the football field
Scores of churches and homes belonging to Christians in Jaranwala tehsil of Faisalabad district, some 130 km from the provincial capital, were burnt down on Wednesday by a mob enraged over reports that two Christians had desecrated the Quran.
The new outbreak may be the greatest wave of illnesses ever recorded since China's stringent zero-Covid programme was abandoned last winter, which resulted in up to 85 per cent of the population being sick at the time.
Amid mass layoffs in the tech sector, the federal agency for immigration services has said it is wrong to assume that sacked workers holding the much-sought-after H-1B visas have to leave the country within 60 days, asserting they have multiple options to stay in the US. The H-1B visa is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise. Technology companies depend on it to hire tens of thousands of employees each year from countries like India and China.
Should we not be creating roles in India for the talented, asks Ajit Balakrishnan.
Even as India overtakes Japan in automotive sales in 2022, moving to third place for the first time, oddly enough the country's biggest motor show is going to see some big hitters give it a clear miss. Some prominent automotive brands have cited high event costs, negligible returns on investment, poor event management, and unfavourable location as reasons for their reluctance to participate. Major pure-play electric two-wheelers, too, are riding past this year's edition of the Auto Expo.
In a memorandum submitted to Manipur Governor Anusuiya Uikey, the 21 opposition MPs who signed the document demanded urgent rehabilitation and resettlement of the affected people to bring peace and harmony to the state.
The latest updates from Tamil film industry.
'I found my motivation in the fast emerging mobile market.' 'Nokia's biggest mistake lay in its stubbornness to change.' 'It's important to understand the pulse of the people It has been a long journey for Md Gyasuddin, Hitech Mobiles MD.
The article is in stark contrast to the TIME cover story done on Modi earlier this month titled 'India's Divider in Chief', written by Aatish Taseer, son of Indian journalist Tavleen Singh and late Pakistani politician and businessman Salmaan Taseer.
Disney+ Hotstar reported its biggest decline in paid subscribers to date - a fall of 3.8 million subscribers, or 6 per cent of its total - in the October-December period. The drop in numbers came after two warnings by the company that Hotstar's paid subscriber base would shrink as it didn't have streaming rights for the Indian Premier League (IPL) for the 2023-27 media cycle. The IPL would start on April 1 this year and continue till May 28.
The CBI had registered a preliminary enquiry in 2016 which was later converted into a regular case, they added.
If reports that Apple Inc plans to triple its iPhone production in India come true, it is likely to help the country become a supply hub for the American company. There are some 190 Apple suppliers globally, but only 12 have manufacturing facilities in India now. Apple's strategy is to focus on India and a clutch of other countries as it diversifies its supply chain out of China.
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