The move to increase import duties is part of Prime Minister Narendra Modi's self-reliant India campaign that aims to promote and support domestic manufacturing, said the sources, who asked not to be named as the discussions are not public.

Tesla has incorporated a company in Bengaluru - Tesla India Motors and Energy Private Ltd - with a paid-up capital of Rs 1 lakh and three directors. Its registered address is in the heart of the city, barely a kilometre from the high profile UB City complex

On Friday, Twitter handle of Tata Motors Electric Mobility, that is not verified but is followed by Tata Motors, put out a tweet tagging Tesla and Elon Musk and using the hashtags WelcomeTesla and TeslaInIndia

Ahead of its highly anticipated launch in India, electric vehicle major Tesla has incorporated a company in Bengaluru - Tesla India Motors and Energy Private Ltd - with a paid up capital of Rs 1 lakh and three directors; Tata Consultancy Services (TCS), the country's largest software exporter, on Tuesday said it will acquire General Electric's (GE) stake in Tata Consultancy Services Saudi Arabia for $12,471 (about Rs 9.13 lakh); US President Donald Trump, facing impeachment on a charge of 'incitement of insurrection' on Tuesday denied responsibility for his supporters' violent invasion of the US Capitol last week and said his remarks before the siege were appropriate. Watch this and more on News Blast.Also Read: 'A strong India to counter China,' says declassified White House document

11 Indian firms make it to Hurun's top 500 list Total 11 private Indian firms have made it to the list of 500 most valuable companies across the world, and the country is ranked 10th on the chart, according to a report. The total value of these 11 companies grew 14 per cent and has been pegged at $805 billion or nearly a third of the Indian GDP. Mukesh Ambani-led Reliance Industries leads among the local enterprises with a 20.5 per cent jump in valuation to $168.8 billion as of December 1 a...

Vaibhav Taneja, Venkatrangam Sreeram, and David Jon Feinstein have been appointed as directors of Tesla India; it has been incorporated as a private unlisted company

The company had earlier announced Fund I of $1.5 million in July 2019, which received over 250 applications from large and small developers. Of this, it ended up deploying the capital across nine teams and over 10 games were onboarded on WinZO's platform

Electric vehicles are the next bastion for the luxury car industry as it throws up possibilities in comfort, performance and technology for the pampered lot

India's smartphone shipments hit record high in Q3 2020; Xiaomi, Samsung, Vivo top charts; Bank credit rises to Rs 103.44 lakh crore; The world's largest vaccine maker by volume, Serum Institute of India (SII), is readying one billion doses of five different COVID-19 vaccines worldwide before the end of 2021-22. Watch this and more news on News Blast.

Serum to launch 5 COVID-19 vaccines by 2021 end; floats new firmThe world's largest vaccine maker by volume, Serum Institute of India (SII), is readying one billion doses of five different COVID-19 vaccines worldwide before the end of 2021-22. Serum has floated a new company Serum Institute Life Sciences (SILS) that will exclusively focus on developing, producing and supplying pandemic vaccines. SILS is owned by the Pune-based billionaire Cyrus Poonawala and his son Adar Poonawala.Maharasht...

Serum to launch 5 COVID-19 vaccines by 2021 end; floats new firmThe world's largest vaccine maker by volume, Serum Institute of India (SII), is readying one billion doses of five different COVID-19 vaccines worldwide before the end of 2021-22. Serum has floated a new company Serum Institute Life Sciences (SILS) that will exclusively focus on developing, producing and supplying pandemic vaccines. SILS is owned by the Pune-based billionaire Cyrus Poonawala and his son Adar Poonawala.Maharashtra...

The Mi Store on Wheels, which looks like any regular food truck, is a moving van with a pop-up store set up on its back

According to Musk, 'Starship' is the next-generation transportation system which has been designed to take people for round trips to the moon, Mars and anywhere else on Earth

In a separate transaction, VW said it will pay 1.1 billion euros to acquire 26.5% of Guoxuan High-tech Co Ltd, a maker of electric vehicle batteries, becoming its biggest shareholder

On a conference call on Wednesday, Musk said he did not know when Tesla could resume production in California and called the state stay-at-home order a \"serious risk\"to the business.

Realme C3 is set to be launched today at an event today. The smartphone will come with a 5000mAh battery that is apparently its biggest selling point.

Cyberphone is essentially a result of when Cybertruck married the iPhone 11 Pro.

In India and elsewhere, the electric vehicle story has not quite lived up to the overzealous projections of a few years ago. A course correction is under way

In 2018, employment in the car industry in Germany reached 834,000, its highest since 1991

Tesla Cybertruck sports an ultra-hard 30Xcold-rolled stainless-steel body with an armoured glass