Tesla, the world’s leading electric vehicle manufacturer, is gearing up to make its official entry into the Indian market with its first showrooms set to open in Mumbai’s Bandra Kurla Complex (BKC) and Delhi’s Aerocity. This marks a significant milestone in India’s automotive landscape, as Tesla sets up its retail and experience centers in the country’s most prime commercial hubs....
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Ikea Expands To North India, Online Sales In Delhi-NCR And Nine Cities From March
Ikea has finally entered the National Capital Region. The Swedish furniture giant is set to begin e-commercecommerce in Delhi-NCR and nine other markets in North India — starting March 1 — as it prepares to open fullsize stores in Gurugram and Noida over the next 2-3 years To read the full article, please visit: https://www.ndtvprofit.com The subsidiary of Netherlands-based Ingka...
First ‘Made in India’ semiconductor chip expected to be rolled out by 25: Vaishnaw
Union minister Ashwini Vaishnaw on Tuesday said the first ‘Made in India’ semi-conductor chip would be ready for production by 2025. He made the announcement on the second day of the ‘Global Investors Summit 2025’ organised in Bhopal. “By 2025, the first ‘Made in India’ semiconductor chip would be ready for production,” an official release quoted the Electronics and Information...
Friedrich Merz wins federal election, In Germany Eyes Coalition govt
Germany’s conservative opposition leader Friedrich Merz said he’ll move quickly to form a new government after he won Sunday’s federal election with a result that will require him to form a coalition. Merz’s CDU/CSU bloc won 28.6% of the votes, followed by 20.8% for the far-right Alternative for Germany, according to the provisional vote count by the Federal Returning Officer. Chancellor Olaf...
eCar Import Duty To Reduce From 110% to 15% – Govt to Notify New EV Policy
The Indian government is set to notify its new Electric Vehicle (EV) policy, which aims to lower import duties and attract global players like Tesla. The policy is expected to mandate a minimum turnover of Rs 2,500 crore by the second year and require an investment of Rs 4,150 crore from interested manufacturers. The proposed policy will allow companies to...
Tesla to sell imported EVs in India from April for as low as ₹21 lakh
American electric carmaker Tesla is looking to enter India this year and may start selling electric vehicles as soon as April, according to a report. As per the CNBC-TV18 report, Tesla plans to sell imported vehicles from its Berlin plant in India starting in April this year. The channel claimed that the EV maker is planning to offer cheaper EV...
Delta plane flips on landing at Toronto airport, all 80 on board survive
A Delta Air Lines jet flipped on its roof while landing Monday (February 17, 2025) at Pearson Airport in Toronto, Canada, but all 80 people on board survived and those hurt had relatively minor injuries, the airport’s chief executive said. Snow was being blown by winds gusting to 40 mph (65 kph) when the flight from Minneapolis carrying 76 passengers...
Rs 262 Crore In Q3: BSNL Posts Quarterly Profit For First Time In 17 Years
BSNL has posted a net profit of Rs 262 crore for December quarter, marking its return to profitability after almost 17 years, Union Minister Jyotiraditya Scindia said on Friday terming it a “significant turning point” for the state-owned telco that has been focused on expansion of service offerings and subscriber base. BSNL scripted an improvement on several counts, clinching 14-18...
India’s retail inflation eases to 5-month low
India’s retail inflation slowed to a five-month low in January as food price inflation eased, boosting the odds of another rate cut in the South Asian economy where growth is slowing amid the escalating threat of a global trade war. Annual retail inflation (INCPIY=ECI), opens new tab in January was at 4.31%, lower than economists’ estimate of 4.6% and 5.22% in the previous month....
Ratan Tata’s will raises eyebrows as THIS associate gains over ₹500 crore
Ratan Tata’s recently opened will has raised eyebrows as a non-family, but close associate has gained ₹500 crore inheritance from the late, beloved industrialist, according to a report by the Economics Times. Mohini Mohan Datta, who hails from Jamshedpur and was the co-owner of Stallion travel agency, which later became a part of Taj Group of Hotels under the Taj Services...
Swiggy Q3: Cons loss widens to Rs 799 crore, despite 31% YoY revenue jump
Swiggy reported on Wednesday that its consolidated losses widened to Rs 799 crore in the December quarter, compared to Rs 574 crore in the same period last year. Revenue from operations for Q3FY25 stood at Rs 3,993 crore, marking a 31% increase from Rs 3,049 crore in the corresponding quarter of the previous financial year. The loss figures are attributable...
Sensex jumps nearly 700 pts, Nifty reclaims 23,550 after Trump delays tariffs
After having fallen for the past two sessions, Sensex and Nifty opened higher on February 4 tracking gains across Asian markets after the U.S. temporarily halted planned tariffs on Canada and Mexico, easing fears of a full-blown trade war. However, with tariffs on China still set to take effect, volatility remains a key theme. Domestically, all eyes are now on...