Operations

Tesla sets a new delivery record, falling short of Musk's 2 million target

Tesla sets a new delivery record, falling short of Musk's 2 million target

28 Dec 2023

In what is anticipated to be another historic quarter for electric vehicle (EV) giant Tesla, the company’s deliveries are expected to reach unprecedented levels.

Intel to receive a $3.2 billion grant for a $25 billion chip plant in southern Israel

Intel to receive a $3.2 billion grant for a $25 billion chip plant in southern Israel

27 Dec 2023

The Israeli government has approved a $3.2 billion grant for Intel’s ambitious plan to construct a $25 billion chip plant in southern Israel.

Japanese auto giants to invest $4.34 billion in Thailand's electric vehicle transition

Japanese auto giants to invest $4.34 billion in Thailand's electric vehicle transition

26 Dec 2023

In a significant development for Thailand’s automotive landscape, major Japanese auto manufacturers are set to inject a substantial sum of 150 billion baht into the country over the next five years.

Hyperloop One ceases operations after failing to secure contracts

Hyperloop One ceases operations after failing to secure contracts

22 Dec 2023

In a significant development, Hyperloop One, the high-speed freight transportation company based in Los Angeles, U.S., is set to shut down.

Go Airlines India faces imminent closure as rescue efforts falter

Go Airlines India faces imminent closure as rescue efforts falter

15 Dec 2023

In a dire turn of events, Go Airlines India Ltd., founded by billionaire Nusli Wadia’s Wadia Group, teeters on the verge of a permanent shutdown.

Tesla recalls 2 million U.S. vehicles due to Autopilot safety concerns

Tesla recalls 2 million U.S. vehicles due to Autopilot safety concerns

14 Dec 2023

In response to safety concerns raised by a federal safety regulator, Elon Musk’s Tesla is recalling more than 2 million vehicles in the United States.

Hindalco to invest Rs 800 crore in Odisha for battery foil unit

Hindalco to invest Rs 800 crore in Odisha for battery foil unit

12 Dec 2023

Hindalco Industries, a company under the Aditya Birla Group, is to invest Rs 800 crore in expanding its manufacturing capacity of high-quality aluminium foil.

JPMorgan Chase plans to outsource local custody business in Hong Kong and Taiwan

JPMorgan Chase plans to outsource local custody business in Hong Kong and Taiwan

12 Dec 2023

JPMorgan Chase, the world’s third-largest global custodian, is set to outsource the operations of its local custody business in Hong Kong and Taiwan.

Omidyar Network announces its exit from the Indian market after a decade of operations

Omidyar Network announces its exit from the Indian market after a decade of operations

12 Dec 2023

In a significant development, impact investment firm Omidyar Network India, operating with a unique dual-chequebook investment model, is set to exit the Indian market after a decade of operations.

Omidyar Network announces its exit from the Indian market after a decade of operations

Omidyar Network announces its exit from the Indian market after a decade of operations

12 Dec 2023

In a significant development, impact investment firm Omidyar Network India, operating with a unique dual-chequebook investment model, is set to exit the Indian market after a decade of operations.

Omidyar Network announces its exit from the Indian market after a decade of operations

Omidyar Network announces its exit from the Indian market after a decade of operations

12 Dec 2023

In a significant development, impact investment firm Omidyar Network India, operating with a unique dual-chequebook investment model, is set to exit the Indian market after a decade of operations.

eBay launches a 'seller guide' to boost Indian exporters in international e-commerce

eBay launches a 'seller guide' to boost Indian exporters in international e-commerce

06 Dec 2023

In a strategic move to enhance cross-border e-commerce opportunities for Indian sellers, eBay, the global commercial giant, has introduced its inaugural ‘Seller Guide.’

eBay launches a 'seller guide' to boost Indian exporters in international e-commerce

eBay launches a 'seller guide' to boost Indian exporters in international e-commerce

06 Dec 2023

In a strategic move to enhance cross-border e-commerce opportunities for Indian sellers, eBay, the global commercial giant, has introduced its inaugural ‘Seller Guide.’

Realme achieves 200 million shipments milestone and announces upcoming launch of premium phones

Realme achieves 200 million shipments milestone and announces upcoming launch of premium phones

27 Nov 2023

Realme, a Chinese smartphone maker, has confirmed that they have shipped more than 200 million phones since their inception five years ago.

Apple's iPhone makes 62.5% of India’s smartphone exports, amounting to $5 billion

Apple's iPhone makes 62.5% of India’s smartphone exports, amounting to $5 billion

23 Nov 2023

In a remarkable feat, Apple Inc. has witnessed a staggering year-on-year growth of 177% in the export of iPhones from India, reaching a value exceeding $5 billion in the initial seven months of the fiscal year 2024 (April–October)

Blackstone to close their multi-strategy fund following a 90% drop in assets

Blackstone to close their multi-strategy fund following a 90% drop in assets

22 Nov 2023

According to reports from Tuesday, 21 November 2023, Blackstone is planning to close a fund that exposes its investors to a variety of hedge funds and trading strategies.

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