Elon Musk is not expected to move forward with Tesla investment in India any time soon as exectutives from the electric carmaker have stopped contacted officials in the country, Bloomberg reported citing people in know. The report claimed that Elon Musk’s team hasn’t made any further inquiries with officials in New Delhi after the billionaire…
By Sarita Chaganti Singh India asks utilities to order $33 billion in equipment this year to boost coal power output, sources say NEW DELHI – India has asked power companies to order equipment worth $33 billion this year to fast track capacity additions of coal-fired power in the years ahead, as the South Asian nation…
Founder of Patanjali Ayurved Yog guru Ramdev claimed that a cartel of corporations, pharmaceutical companies, intellectuals, and politicians has been working against his company. In an interview with Economic Times, he said, “Patanjali denotes nationalism and self-pride which this group (alleged cartel) wants to destroy.” Yog guru Ramdev performs yoga on the 10th International Day…
SAN FRANCISCO, – Rivian on Tuesday said it had no plans to produce vehicles with Volkswagen after a media report said the U.S. electric vehicle maker was in early talks with the German automaker to extend a recent partnership beyond software. Rivian says no plans to produce vehicles with VW after media report on early…
Oil prices were little changed on Tuesday, trading near two-month highs reached in the previous session on expectations of rising demand during the summer driving season and possible supply disruptions from Hurricane Beryl. US gasoline demand is expected to ramp up as the summer travel season picks up with the Independence Day holiday this week….
By Brendan Pierson Drugmakers’ appeal to end Zantac cancer lawsuits rebuffed by judge July 1 – A Delaware judge rebuffed a request by GSK and other drugmakers to appeal a ruling allowing more than 70,000 lawsuits claiming that the heartburn drug Zantac caused cancer to go forward. The ruling by Judge Vivian Medinilla of the…
Air India on Monday announced its plans to set up a flying training organisation (FTO) in Maharashtra’s Amravati, and make it operational by early 2026. The company claims it will be South Asia’s largest such facility. An Air India Airbus A350 aeroplane at Begumpet airport, Hyderabad. (Reuters File Photo) The FTO’s target will be to…
Introduced seven years ago, the Goods and Services Tax (GST) has simplified compliance, improved tax buoyancy and increased states’ revenues, but fake invoices and fraudulent registration remain a big challenge for policymakers trying to curb tax evasion. Goods and Services Tax (GST) streamlined 17 taxes and 13 cesses into a 5-tier structure, simplifying the tax…
Online food ordering and delivery platform Zomato has received a GST (Goods and Service Tax) demand notice of ₹9.5 crore, it said in a filing on Sunday. Zomato said that the demand is for the fiscal year 2019-20 following an audit of GST returns and account(Unsplash) The notice, received on Saturday, demands a GST amount…
ITC saw 68 more executives getting a one crore and above salary in the financial year 2023-24, Business Standard reported, citing the tobacco and consumer goods conglomerate’s annual report. A woman poses with a cigarette in front of ITC Limited logo in this illustration. (Dado Ruvic/Reuters) This was a 24.11% increase compared to the year…
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