Elon Musk pulls out of $44 billion Twitter deal

Musk had threatened to halt the deal unless the company showed proof that spam and bot accounts were fewer than 5% of users who see advertising on the social media service. Elon Musk, the chief executive officer of Tesla and the world’s richest person, said on Friday he was terminating his $44 billion deal to… Continue reading Elon Musk pulls out of $44 billion Twitter deal

Tata Motors Group global wholesales up 48% to 3.16 lakh units in Q1 FY23

Global wholesales of all passenger vehicles in Q1 FY23 were at 2,12,914 units, higher by 32% compared to Q1 FY22. New Delhi: Tata Motors Group on Friday said its global wholesales in Q1 FY23, including Jaguar Land Rover, were at 3,16,443 units, up 48%, compared to Q1 FY22when it had dispatched 2,14,250 units to dealers.… Continue reading Tata Motors Group global wholesales up 48% to 3.16 lakh units in Q1 FY23

AI-equipped surveillance cameras installed to strengthen traffic norms in Gurugram

Representative Image Surveillance cameras equipped with artificial intelligence (AI) have been installed by Gurugram Metropolitan Development Authority (GMDA) to strengthen traffic norms in the city, an official said on Friday. Total 50 CCTV cameras have been set up at over 38 spots that are heavily prone to accidents to enable traffic department to keep a… Continue reading AI-equipped surveillance cameras installed to strengthen traffic norms in Gurugram

Maha aims to be 1st state to have entire public transport system running on clean fuel

Maharashtra aims to be the first state in the country where all public transport buses run on clean fuels, Deputy Chief Minister Devendra Fadnavis said on Friday. Without sharing a timeline of when he sees the transformation of the fleet happening, Fadnavis said big cities like Mumbai and Pune already have electric buses. “In the… Continue reading Maha aims to be 1st state to have entire public transport system running on clean fuel

Bharat Alt Fuel to set up greenfield EV manufacturing unit in TN; to invest Rs 250 cr

Bharat Alt Fuel, which focuses on alternative fuel technology and e-mobility, will set up a greenfield unit in Tamil Nadu at an investment of INR 250 crore to manufacture electric vehicles, batteries and motors, a top company official said on Friday. The integrated facility spread across 40,000 square metres in Krishnagiri, around 300 kms from… Continue reading Bharat Alt Fuel to set up greenfield EV manufacturing unit in TN; to invest Rs 250 cr

Over 1,100 hectare land acquired for logistic, transport hub near Delhi: UP minister informs Centre

UP Chief Minister Yogi Adityanath As much as 1,143 hectares of land has been acquired in Noida and Greater Noida near Delhi to set up multi-modal logistic and transport hubs, Uttar Pradesh cabinet minister Nand Gopal Gupta ‘Nandi’ has informed a central panel on industrial corridor. Acquisition of another 205 hectares of land in the… Continue reading Over 1,100 hectare land acquired for logistic, transport hub near Delhi: UP minister informs Centre

Porsche-backed Chilean firm looks to build clean fuel plant in Australia

E-fuels are carbon neutral fuels produced from renewable energy, green hydrogen and carbon dioxide taken from the atmosphere or a waste source and can be directly substituted for fossil fuels in conventional car engines. MELBOURNE – Chile’s HIF Global, backed by German automaker Porsche, said on Friday it had applied to build a plant in… Continue reading Porsche-backed Chilean firm looks to build clean fuel plant in Australia

GST 2.0 may be free of jurisdiction: Vivek Johri, chairman, CBIC

India could consider a significant shift in the Goods and Services Tax (GST) including a jurisdiction-free regime as part of the next set of reforms for the five-year-old indirect tax system. New Delhi, which raised the import duty on gold recently, is not looking at any further administrative measures immediately to clamp down imports. “The… Continue reading GST 2.0 may be free of jurisdiction: Vivek Johri, chairman, CBIC

Former Niti Aayog CEO Amitabh Kant is India’s new G20 Sherpa

India will take over G20 presidency from Indonesia on December 2. Former Niti Aayog CEO Amitabh Kant has been appointed as the new G20 Sherpa as India takes over the G20 presidency later this year. He replaces Union minister Piyush Goyal. Kant was Niti Aayog CEO for almost six years, completing his extended term last… Continue reading Former Niti Aayog CEO Amitabh Kant is India’s new G20 Sherpa

Schumer plans classified briefing for U.S. senators on chips, technology

Senate Democratic Leader Chuck Schumer has scheduled an all-senators classified briefing on the global innovation and technology race and a proposed bill to boost U.S. semiconductor manufacturing, his office said on Thursday. Senate Republican Leader Mitch McConnell threatened last week to try to block the bill that would provide $52 billion to subsidize U.S. semiconductor… Continue reading Schumer plans classified briefing for U.S. senators on chips, technology