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Flagship India EV Policy Is a ‘Non-Starter’ for Global Firms
India is rolling out a new flagship EV policy in order to attract international automakers. The policy offers to slash duty to 15 percent on any imported electric car priced from $35,000 (roughly Rs. 30 lakh) if the maker invests at least Rs. 4,150 crore, or about $500 million (roughly Rs. 4,150 crore), to set up a local plant within three years.
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Google to Spend $500 Million Revamping Compliance in Shareholder Settlement
Google plans to invest $500 million (roughly Rs. 4,273 crore) over a decade to improve its compliance system, resolving shareholder lawsuits over antitrust claims. Google denied wrongdoing in agreeing to settle.
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Rs 80 Crore Rolls Royce Number, $100 Million Mansion: The Lavish Life Of Convicted Indian-Origin Billionaire
He is the founder and chairman of the RSG Group of Companies, a multi-billion-dirham conglomerate operating in real estate, automotive, industrial equipment, and investments across the Middle East, the US, India, and South Asia.
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Belgium Court Rejects Mehul Choksi's Bail Plea
A Belgian court has declined the bail plea of Mehul Choksi, a key accused in the Rs 13,500 crore Punjab National Bank (PNB) loan fraud case.
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J&K's Zojila Tunnel, Set To Be Asia's Longest, 70 Per Cent Complete
Nitin Gadkari told the Lok Sabha that initially, the Zojila Tunnel was estimated to be constructed for over Rs 12,000 crore, but it will be completed at just Rs 5,500 crore.
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BYD To Setup Rs 85,000 Crore Plant In Hyderabad: Report
BYD will reportedly set up a manufacturing facility on 500 acres of land with a capacity to manufacture 6,00,000 vehicles by 2032.
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Apple Losing Over $1 Billion a Year on Apple TV+ Streaming Service: Report
Apple spent more than $5 billion (roughly Rs. 43,020 crore) a year on content since launching Apple TV+ in 2019 but trimmed it by around $500 million (roughly Rs. 4302 crore) last year, the report said.
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Reliance Gets Rs 24,500 Crore Demand Notice For Producing Gas From ONGC Block
The government had in 2016 sought USD 1.55 billion from Reliance and its partners for the quantum of gas that had migrated to its block KG-D6 from adjoining fields of ONGC.
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French Man Wants To Split Rs 4.5 Crore Lottery Prize With Thieves Who Stole Credit Card To Buy Tickets
A French man's credit card was stolen from his car and used to buy a lottery ticket, among other things. He then won the lottery, hitting a jackpot of Euro 500,000, approximately Rs 4.57 crore.
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Apple Plans $500 Billion in US Investment, 20,000 Research Jobs in Next Four Years
Apple said on Monday it would invest $500 billion (roughly Rs. 43,61,175 crore) in US over the next four years. US President Donald Trump, in a Truth Social post, thanked Apple and Cook, saying the move reflected the company's faith in his administration.
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Top Court Stays Order Asking Public Sector Company To Build Stalled Supertech Homes
The Supreme Court on Friday stayed an order appointing state-owned NBCC as the project management consultant to complete debt-ridden realty firm Supertech Ltd's 16 housing projects at nearly Rs 9,500 crore cost.
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Bizarre Matrimonial Ad Boasting Rs 500 Crore Market Cap Amuses Internet
Instead of sharing details like height, education, and occupation of the woman, the advertisement mentioned the family's "500+ market cap".
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Techie Who Lost Bitcoin Worth Rs 6,500 Crore Plans To Buy Landfill Where He Thinks It's Buried
James Howells' desperate attempt comes after a 12-year search and a recent high court defeat, which denied him permission to search the landfill.
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500 Government Schools To Be Redeveloped With State-Of-The-Art Facilities: Assam CM
The state government has been spending around Rs 5 to 7 crore to convert each school into a state-of-art form.
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Mohini Mohan Dutta: The Mystery Man Who May Inherit Ratan Tata's Rs 500 Crore
At Ratan Tata's funeral, Mr Dutta revealed that they first met in Jamshedpur when he was just 24 years old.
-
Flagship India EV Policy Is a ‘Non-Starter’ for Global Firms
India is rolling out a new flagship EV policy in order to attract international automakers. The policy offers to slash duty to 15 percent on any imported electric car priced from $35,000 (roughly Rs. 30 lakh) if the maker invests at least Rs. 4,150 crore, or about $500 million (roughly Rs. 4,150 crore), to set up a local plant within three years.
-
Google to Spend $500 Million Revamping Compliance in Shareholder Settlement
Google plans to invest $500 million (roughly Rs. 4,273 crore) over a decade to improve its compliance system, resolving shareholder lawsuits over antitrust claims. Google denied wrongdoing in agreeing to settle.
-
Rs 80 Crore Rolls Royce Number, $100 Million Mansion: The Lavish Life Of Convicted Indian-Origin Billionaire
He is the founder and chairman of the RSG Group of Companies, a multi-billion-dirham conglomerate operating in real estate, automotive, industrial equipment, and investments across the Middle East, the US, India, and South Asia.
-
Belgium Court Rejects Mehul Choksi's Bail Plea
A Belgian court has declined the bail plea of Mehul Choksi, a key accused in the Rs 13,500 crore Punjab National Bank (PNB) loan fraud case.
-
J&K's Zojila Tunnel, Set To Be Asia's Longest, 70 Per Cent Complete
Nitin Gadkari told the Lok Sabha that initially, the Zojila Tunnel was estimated to be constructed for over Rs 12,000 crore, but it will be completed at just Rs 5,500 crore.
-
BYD To Setup Rs 85,000 Crore Plant In Hyderabad: Report
BYD will reportedly set up a manufacturing facility on 500 acres of land with a capacity to manufacture 6,00,000 vehicles by 2032.
-
Apple Losing Over $1 Billion a Year on Apple TV+ Streaming Service: Report
Apple spent more than $5 billion (roughly Rs. 43,020 crore) a year on content since launching Apple TV+ in 2019 but trimmed it by around $500 million (roughly Rs. 4302 crore) last year, the report said.
-
Reliance Gets Rs 24,500 Crore Demand Notice For Producing Gas From ONGC Block
The government had in 2016 sought USD 1.55 billion from Reliance and its partners for the quantum of gas that had migrated to its block KG-D6 from adjoining fields of ONGC.
-
French Man Wants To Split Rs 4.5 Crore Lottery Prize With Thieves Who Stole Credit Card To Buy Tickets
A French man's credit card was stolen from his car and used to buy a lottery ticket, among other things. He then won the lottery, hitting a jackpot of Euro 500,000, approximately Rs 4.57 crore.
-
Apple Plans $500 Billion in US Investment, 20,000 Research Jobs in Next Four Years
Apple said on Monday it would invest $500 billion (roughly Rs. 43,61,175 crore) in US over the next four years. US President Donald Trump, in a Truth Social post, thanked Apple and Cook, saying the move reflected the company's faith in his administration.
-
Top Court Stays Order Asking Public Sector Company To Build Stalled Supertech Homes
The Supreme Court on Friday stayed an order appointing state-owned NBCC as the project management consultant to complete debt-ridden realty firm Supertech Ltd's 16 housing projects at nearly Rs 9,500 crore cost.
-
Bizarre Matrimonial Ad Boasting Rs 500 Crore Market Cap Amuses Internet
Instead of sharing details like height, education, and occupation of the woman, the advertisement mentioned the family's "500+ market cap".
-
Techie Who Lost Bitcoin Worth Rs 6,500 Crore Plans To Buy Landfill Where He Thinks It's Buried
James Howells' desperate attempt comes after a 12-year search and a recent high court defeat, which denied him permission to search the landfill.
-
500 Government Schools To Be Redeveloped With State-Of-The-Art Facilities: Assam CM
The state government has been spending around Rs 5 to 7 crore to convert each school into a state-of-art form.
-
Mohini Mohan Dutta: The Mystery Man Who May Inherit Ratan Tata's Rs 500 Crore
At Ratan Tata's funeral, Mr Dutta revealed that they first met in Jamshedpur when he was just 24 years old.
