CHINESE INDUSTRIAL GIANT
Chinese rescue auto expo, book 20% space
With a large number of manufacturers giving this edition of Auto Expo 2020 a miss, including top names such as BMW, Audi, Jaguar etc. the biennial event has literally been rescued by the Chinese makers who have booked over 20% of the total 40,000 sq meters at hand.
L&T Q3 results: Capital goods giant misses Street estimates, PAT up 15%
Consolidated margins came in at 11.30 per cent against analysts est...
SIAM bullish about revival of automobile industry
"This is the worst downturn of the automobile industry in the last 20 years," SIAM deputy d...
Reliance Industries is India's answer to Exxon, AT&T, Amazon - all rolled into one
RIL has disrupted the energy and telecoms industry and could soon do the same to retail, fintech, and media.
Fiat Chrysler and Foxconn plan Chinese electric vehicle joint venture
Italian-American automaker Fiat Chrysler and the parent of iPhone assembler Foxconn are planning to set up a joint venture to build electric cars and develop internet-connected vehicles. Fiat Chrysler is looking to make up ground in the battery-powered vehicle space and is set to launch its first full-electric model - the 500 small car - this year.
Letting top talent in is key for US to retain innovation edge: Sanjay Mehrotra, CEO, Micron Technology
“I am a great example of, you know, an immigrant. Of course, I have created several jobs here in the US and I look forward to policies and opportunities to continue to make America that magnet of bringing top talent,” Mehrotra said.
Jeff Bezos meets industry captains, concludes 3-day India visit
Jeff Bezos has announced investments of USD 1 billion over the next few years in India. He could not reportedly get an audience with Indian PM Modi, while Commerce Minister Piyush Goyal stoked a controversy by stating that the e-commerce giant which is being investigated for predatory pricing is not doing India any favour by the investment.
Electronics sector seeks lowering of GST, waiver of duty on imported inputs
In a Budget recommendation to the government, industry body Consumer Electronics and Appliances Manufacturers Association’s (CEAMA’s) president Kamal Nandi said lowering GST for eco-friendly and energy-efficient products like air conditioners and refrigerators to 12% will drive demand and increase adoption of sustainable appliances.
Chinese internet firms falling behind on renewable energy goals - Greenpeace
While some of China's tech firms are procuring clean energy through rooftop solar installations or via a pilot green power certificate scheme, most have failed to match the commitments made by overseas rivals.
Smartphones done, cars next: Tech giants want to beat slowdown, and transform vehicles into money-making machines
The two industries have converged on the idea of cars providing services and features delivered 'over the air'.
China stocks fall most in 2 weeks after Iran strike on US forces
The Shanghai Composite Index and blue-chip stocks both shed more than 1 per cent
SpaceX launches third batch of 60 mini Starlink satellites to build a giant constellation of spacecraft
The satellites were set to release about one hour after takeoff.
Sensex ends higher for 2nd day in listless trade; Nifty holds above 12,350
Investors will be keenly eyeing the third-quarter earnings of the companies, and the forthcoming Union Budget for further cues.
Reliance shares gain 3% ahead of Q3 results
The oil-to-telecom giant is expected to report double-digit growth in profit in Q3FY20.
Noise around CAA distraction for India: Harman CEO
Harman CEO Dinesh Paliwal says govt’s CAA, Article 370 decisions ‘misinterpreted’, calls for more business-friendly policy.
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