2025-02-20Niranjan
This article delves into India's dramatic policy shift, reducing import duties on electric vehicles from 110% to 15%. The move, perceived as a response to pressure from global power players like Elon Musk and U.S. President Donald Trump, signals a new era for India's EV market. It explores the implications for Tesla, other automakers, and the broader impact on India's automotive Sector
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2025-02-20Niranjan
Tata Steel Limited has made a strategic move by acquiring full ownership of T Steel Holdings Pte. Ltd. (TSHP). This acquisition is part of the company's broader efforts to consolidate its global presence and enhance operational efficiency.
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2025-02-20Niranjan
Samvardhana Motherson International Limited (SAMIL) has taken a strategic step by incorporating Motherson Treasury Strategy Limited (MT) in Abu Dhabi Global Market (ADGM), UAE. This new subsidiary aims to enhance financial operations by providing cash management, working capital management, and financing solutions for SAMIL and its subsidiaries. The move aligns with the company’s long-term growth
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2025-02-20Niranjan
Tesla, the global leader in electric vehicles, is making its much-anticipated entry into the Indian market. According to sources, the company is preparing to ship its first batch of EVs to India, signaling a significant step towards its expansion in one of the world's largest automobile markets.
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2025-02-20Niranjan
The Ministry of Defence has signed a significant contract with Bharat Electronics Limited to enhance India's maritime security by providing state-of-the-art Software Defined Radios for the Indian Coast Guard. This initiative aims to improve communication, coordination, and operational capabilities.
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2025-02-20Niranjan
In a recent financial update, Mercedes-Benz has provided a cautious outlook for 2025, projecting declines across key financial metrics. The German luxury automaker anticipates that its group revenue for the year will be slightly below the levels recorded in 2024. This projection signals a potential slowdown in sales growth as the company navigates economic challenges and industry shifts.
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2025-02-20Niranjan
Ujjivan Small Finance Bank (Ujjivan SFB) has received a demand order from the Joint Commissioner, Pune, Maharashtra, under the DRC07 order, imposing a penalty of ₹41,10,867.70 for disallowance of Input Tax Credit (ITC). The bank disclosed this information as part of compliance with Regulation 30 of SEBI (LODR) Regulations, 2015.
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2025-02-19Niranjan
In a scathing statement, U.S. President Donald Trump criticized Ukrainian President Volodymyr Zelenskyy, accusing him of manipulating Joe Biden into spending $350 billion on an "unwinnable war." Trump argued that Zelenskyy played Biden "like a fiddle" while postponing elections and mismanaging funds meant for Ukraine's defense. Calling Zelenskyy a "dictator without elections," Trump warned that Uk
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2025-02-19Niranjan
In a bold statement, China’s Commerce Minister has voiced strong dissatisfaction with the latest U.S. tariffs on Chinese goods, calling them unfair and disruptive to global trade. Despite this sharp criticism, China has extended a hand for dialogue, expressing its willingness to work with the U.S. to resolve trade disputes and strengthen economic ties.
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2025-02-19Niranjan
In a stunning turn of events, Russian President Vladimir Putin has announced that Russia and the United States have officially agreed to restore diplomatic relations. This groundbreaking decision marks a major step toward mending ties between the two superpowers, raising hopes for improved global stability and cooperation.
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2025-02-19Niranjan
In an exciting development for market enthusiasts, the National Stock Exchange of India (NSE) has announced the launch of Futures and Options (F&O) contracts on two prominent companies—Indian Renewable Energy Development Agency Limited (IREDA) and Tata Technologies Limited (TATATECH).
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2025-02-19Niranjan
US President Donald Trump confronted Indian Prime Minister Narendra Modi over India's steep 100% auto import tariffs, calling them unfair and suggesting a reciprocal trade policy. In a candid conversation with Tesla CEO Elon Musk, Trump emphasized that the US would mirror any tariffs imposed by India to ensure balanced trade relations. Musk supported this stance, describing it as a fair approach.
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