India exported USD 76 billion in goods and USD 30 billion in services to the EU. India and the 27-nation European Union (EU) bloc will start the tenth round of negotiations for a proposed free trade agreement from Monday in Brussels amid Trump tariff threats, according to an official. The talks are expected to focus… Continue reading India, EU to hold next round of FTA talks from Monday amid Trump tariff threats
Author: Economic Times of India Online News
Rich Chinese investors seen buying into Elon Musk’s companies
Musk has long had contact with senior Chinese officials, including President Xi Jinping. Wealthy Chinese investors are funneling tens of millions of dollars into private companies controlled by billionaire Elon Musk, using an arrangement that shields their identities from public view, the Financial Times reported on Sunday. The investments are being placed through special-purpose vehicles… Continue reading Rich Chinese investors seen buying into Elon Musk’s companies
Ola Electric stores see raids, seizures on flouting India rules
The widespread store-level non-compliance comes on the back of rising pressure to boost scooter sales and plummeting share price. Ola Electric Mobility‘s rapid expansion into brick-and-mortar showrooms is running into regulatory trouble. The Bengaluru-based electric scooter maker, once a champion of the digital-only sales model, recently scaled up to 4,000 physical locations since 2022. A… Continue reading Ola Electric stores see raids, seizures on flouting India rules
Women as changemakers: How are they changing the automotive industry?
Additionally, women place high importance on connected features such as real-time parking assistance, infotainment applications, and OEM support during emergencies For as long as we can remember, the automotive industry has perpetuated stereotypes, shaping narratives around women and cars. Clichés like “women can’t drive as well as men” or “women can’t parallel park” have persisted.… Continue reading Women as changemakers: How are they changing the automotive industry?
JSW Energy completes KSK Mahanadi buyout ahead of May deadline
This acquisition is JSW Energy’s third major power sector acquisition. JSW Energy has completed the payment of Rs 16,084 crore to creditors of the 1800 MW KSK Mahanadi thermal power company, implementing the resolution plan way ahead of its May end deadline. Banks and asset reconstruction companies received the cash earlier on Friday morning, after… Continue reading JSW Energy completes KSK Mahanadi buyout ahead of May deadline
Electric passenger vehicle retail sales rise 19% in February
Electric passenger vehicles recorded a 18.95 per cent year-on-year increase. Electric passenger vehicle retail sales rose 19 per cent in February to 8,968 units with Tata Motors retaining the top slot in the segment, as per data released by dealers’ body FADA. The total electric passenger vehicle retail sales stood at 7,539 units in the… Continue reading Electric passenger vehicle retail sales rise 19% in February
Electric passenger vehicle retail sales rise 19% in February
Tata Motors sold 3,825 units while MG Motor India retailed 3,270 units last month. Electric passenger vehicle retail sales rose 19 per cent in February to 8,968 units with Tata Motors retaining the top slot in the segment, as per data released by dealers’ body FADA. The total electric passenger vehicle retail sales stood at… Continue reading Electric passenger vehicle retail sales rise 19% in February
Tariffs could result in billions in losses for automakers, says Linamar CEO
Tariff threats have taken their toll on auto sector stocks, with Linamar shares down about 11% this year. Adding steel and aluminum tariffs to auto tariffs would cost carmakers billions of dollars and is “likely to shut the industry down,” says the head of Canada’s second-largest public car parts manufacturer, Linamar Corp. On Tuesday, US… Continue reading Tariffs could result in billions in losses for automakers, says Linamar CEO
“Elon Musk has got to go”: Activists launch ‘Tesla Takedown’ protests against Elon Musk and Donald Trump’s job cuts
The ‘Tesla Takedown’ movement is gaining momentum as activists protest against Tesla and Elon Musk in response to federal job cuts linked to Musk’s role in the Department of Government Efficiency. A growing grassroots movement is targeting Tesla and its CEO, Elon Musk, in response to widespread federal job cuts under the Trump administration. Dubbed… Continue reading “Elon Musk has got to go”: Activists launch ‘Tesla Takedown’ protests against Elon Musk and Donald Trump’s job cuts
‘Taking zero chances with his hand’: Elon Musk’s gesture at the Congress creates another stir
Elon Musk Say what you will – Elon Musk is the internet’s favorite icon! Whatever he does or says ends up becoming either a meme template or creates yet another unavoidable stir. Whether he is seen at his gaming console while his toddler son Lil X crawls around his shoulders or he addresses the press… Continue reading ‘Taking zero chances with his hand’: Elon Musk’s gesture at the Congress creates another stir