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"Senthil Balaji Being 'Whitened' In Washing Machine": DMK's Tamil Nadu Rival
The reinstatement last week of Dravida Munnetra Kazhagam leader V Senthil Balaji as Tamil Nadu's Electricity, Excise, and Prohibition Minister has prompted a rival politician to lob the 'washing machine' jibe.
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Ex Tamil Nadu Minister Senthil Balaji Gets Bail In Cash-For-Jobs Case
The Supreme Court on Thursday granted bail to former Tamil Nadu Electricity Minister V Senthil Balaji, who has been in jail since June 2023 in connection with the alleged cash-for-jobs scam.
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Ather Energy to Accelerate New Launches in India and Foreign Markets
Indian electric scooter maker Ather Energy will accelerate new model launches at home and test export markets, its chief executive told Reuters, raising new money to boost growth after the government lowered subsidies for the vehicles. In a surprise move in May, the government, without explanation, slashed cash incentives on the vehicles to a maxim...
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Twitter Takeover Deal: Apollo, Sixth Street Said to Back Out of Talks With Elon Musk to Finance Buyout
Apollo and Sixth Street are said to have backed out of talks to finance Tesla CEO Elon Musk's $44 billion (roughly Rs. 3,60,272 crore) buyout of Twitter. Musk and Twitter are currently attempting to reach an agreement after months of litigation that damaged Twitter's brand and fed Musk's reputation for erratic behaviour. Musk is expected to provide...
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State Governments' Relief Measures To Combat Surging Inflation
At least 10 states have announced over 1 trillion rupees ($12.6 billion), mainly in cash transfers and electricity subsidies, for households to combat inflation, according to government officials.
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Musk's Tesla Stock Sale Windfall Dwarfs Twitter Loss
The Tesla chief executive for now appears to be sitting on around $8.5 billion in cash raised from selling shares of the automaker late in April to finance the Twitter acquisition.
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Lucid Motors Reveals Air Reservations Exceed 17,000
The company expanded into 13 locations in the US, while its Canadian launch is planned for Q4 2021 basically next month
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Tesla CEO Elon Musk Says High Production, Breakeven Cash Flow 'True Test' for Rivian
Tesla CEO Elon Musk said high production and breakeven cash flow would be the "true test" for Rivian, a day after the electric vehicle maker's blockbuster market debut.
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Electric Vehicle Startups Hunt for Low-Cost Roads to Mass Production
Electric vehicle (EV) startups racing to become the next Tesla all want to avoid Elon Musk's journey through "manufacturing hell."
-
Rajasthan EV Policy 2021: State Government To Offer Subsidies Of Up To Rs. 20,000 On EVs
The state government will subsidise the upfront cost of electric vehicles (EVs) for early adopters by reimbursing the state goods and service tax (SGST) and extending a one-time incentive, depending upon the battery capacity of the EV sold.
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Panasonic Sells Tesla Stake for JPY 400 Billion, May Use Cash for Strategic Investments
Panasonic sold its stake in electric car maker Tesla for about JPY 400 billion (roughly Rs. 26,790 crores) in the year ended March, a spokesperson for the Japanese company said.
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Apple In Talks With CATL And BYD For Batteries
Apple has been in talks with Foxconn and even traditional companies like Magna for manufacturing the car.
-
Tesla Crushes Q3 2020 Earnings With $800 Million ProfitÂ
Importantly for Tesla, this means it has even more cash on hand. It has $14.5 billion in cash
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Virus Gives Online Payments Fresh Boost 4 Years After Cash Ban
The coronavirus outbreak may finally accomplish what India's shock demonetization four years ago failed to achieve: Use of digital payments is soaring for everything from groceries, electricity bills and cab fares.
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Revolt RV400 Electric Motorcycle Gets Its First Price Hike
Gurugram-based Revolt Intellicorp has announced a price increase for its flagship offering - the RV400 electric motorcycle. The Revolt RV400 now witnesses a price hike of Rs. 5000, and has attributed it to rise in input costs. With the price hike, the e-motorcycle now costs Rs. 1.04 lakh, as opposed to the introductory price of Rs. 99,000 (ex-showr...
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"Senthil Balaji Being 'Whitened' In Washing Machine": DMK's Tamil Nadu Rival
The reinstatement last week of Dravida Munnetra Kazhagam leader V Senthil Balaji as Tamil Nadu's Electricity, Excise, and Prohibition Minister has prompted a rival politician to lob the 'washing machine' jibe.
-
Ex Tamil Nadu Minister Senthil Balaji Gets Bail In Cash-For-Jobs Case
The Supreme Court on Thursday granted bail to former Tamil Nadu Electricity Minister V Senthil Balaji, who has been in jail since June 2023 in connection with the alleged cash-for-jobs scam.
-
Ather Energy to Accelerate New Launches in India and Foreign Markets
Indian electric scooter maker Ather Energy will accelerate new model launches at home and test export markets, its chief executive told Reuters, raising new money to boost growth after the government lowered subsidies for the vehicles. In a surprise move in May, the government, without explanation, slashed cash incentives on the vehicles to a maxim...
-
Twitter Takeover Deal: Apollo, Sixth Street Said to Back Out of Talks With Elon Musk to Finance Buyout
Apollo and Sixth Street are said to have backed out of talks to finance Tesla CEO Elon Musk's $44 billion (roughly Rs. 3,60,272 crore) buyout of Twitter. Musk and Twitter are currently attempting to reach an agreement after months of litigation that damaged Twitter's brand and fed Musk's reputation for erratic behaviour. Musk is expected to provide...
-
State Governments' Relief Measures To Combat Surging Inflation
At least 10 states have announced over 1 trillion rupees ($12.6 billion), mainly in cash transfers and electricity subsidies, for households to combat inflation, according to government officials.
-
Musk's Tesla Stock Sale Windfall Dwarfs Twitter Loss
The Tesla chief executive for now appears to be sitting on around $8.5 billion in cash raised from selling shares of the automaker late in April to finance the Twitter acquisition.
-
Lucid Motors Reveals Air Reservations Exceed 17,000
The company expanded into 13 locations in the US, while its Canadian launch is planned for Q4 2021 basically next month
-
Tesla CEO Elon Musk Says High Production, Breakeven Cash Flow 'True Test' for Rivian
Tesla CEO Elon Musk said high production and breakeven cash flow would be the "true test" for Rivian, a day after the electric vehicle maker's blockbuster market debut.
-
Electric Vehicle Startups Hunt for Low-Cost Roads to Mass Production
Electric vehicle (EV) startups racing to become the next Tesla all want to avoid Elon Musk's journey through "manufacturing hell."
-
Rajasthan EV Policy 2021: State Government To Offer Subsidies Of Up To Rs. 20,000 On EVs
The state government will subsidise the upfront cost of electric vehicles (EVs) for early adopters by reimbursing the state goods and service tax (SGST) and extending a one-time incentive, depending upon the battery capacity of the EV sold.
-
Panasonic Sells Tesla Stake for JPY 400 Billion, May Use Cash for Strategic Investments
Panasonic sold its stake in electric car maker Tesla for about JPY 400 billion (roughly Rs. 26,790 crores) in the year ended March, a spokesperson for the Japanese company said.
-
Apple In Talks With CATL And BYD For Batteries
Apple has been in talks with Foxconn and even traditional companies like Magna for manufacturing the car.
-
Tesla Crushes Q3 2020 Earnings With $800 Million ProfitÂ
Importantly for Tesla, this means it has even more cash on hand. It has $14.5 billion in cash
-
Virus Gives Online Payments Fresh Boost 4 Years After Cash Ban
The coronavirus outbreak may finally accomplish what India's shock demonetization four years ago failed to achieve: Use of digital payments is soaring for everything from groceries, electricity bills and cab fares.
-
Revolt RV400 Electric Motorcycle Gets Its First Price Hike
Gurugram-based Revolt Intellicorp has announced a price increase for its flagship offering - the RV400 electric motorcycle. The Revolt RV400 now witnesses a price hike of Rs. 5000, and has attributed it to rise in input costs. With the price hike, the e-motorcycle now costs Rs. 1.04 lakh, as opposed to the introductory price of Rs. 99,000 (ex-showr...
