[ad_1] Tesla has canceled the long-promised inexpensive car that investors have been counting on to drive its growth into a mass-market automaker, according to three sources familiar with the matter and company messages seen by Reuters. The automaker will continue developing self-driving robotaxis on the same small-vehicle platform, the sources said. … Read more
[ad_1] “Not cutting down on hiring, but want to end WFH,” read the headline of an article quoting the MD of TCS (Business Standard, February 21, 2024). It left me wondering what was going on. It seemed like yesterday when all IT majors were singing the praises of the #WorkFromHome practice. There … Read more
[ad_1] Jefferies Financial Group Inc (Photo: Bloomberg) Jefferies has identified 11 stocks set to benefit from long-term macro trends like capital expenditures, government manufacturing initiatives, and financialisation. The brokerage expects these equities to more than double by 2029. “The capex cycle theme drives several of our top picks (Ambuja, Axis, JSW Energy, L&T, … Read more
[ad_1] Mobile phone manufacturing in value terms jumped 21-fold to Rs 4.1 lakh crore in India in the last 10 years as government policy measures like PLI played a critical role in attracting global players to boost local production, industry body ICEA said in a statement. India now produces 97 per cent of … Read more
[ad_1] French spirit maker Pernod Ricard has reported a 4 per growth in sales in the Indian market during the first half of the current financial year. The company, which follows July to June fiscal year, has witnessed a “strong market demand for spirits” in India, according to the latest earnings statement from … Read more