(Bloomberg Opinion) — Elon Musk’s long courtship of Indian officialdom may have finally paid off. Prime Minister Narendra Modi wanted him to open one of his Tesla “gigafactories” in the country, as part of its efforts to expand its long-moribund manufacturing sector; Musk, meanwhile, wanted India to address tariffs on electric vehicle imports that rendered …
The Q3 growth figure is almost twice as fast as the 4.3% recorded in Q3 of FY23. A Mint poll of 17 economists had thrown up a median of 6.6%. Other predictions, too, were similar. The Q3 figure reported by the statistics ministry is also higher than the 7.6% reported in Q2; this number was …
New Delhi: The government will soon undertake a comprehensive assessment of customs duties on key inputs for manufacturing of finished products such as garments, jewellery, metal items and leather goods to enhance cost competitiveness in both domestic and overseas markets, three officials said on Wednesday. The government on January 31 slashed customs duties on various …
Tata Sons Chairman N Chandrasekaran on Wednesday said that Tata Group will build a semiconductor factory at Dholera in Gujarat. While speaking at the Vibrant Gujarat Summit 2024, N Chandrasekaran talked about the company’s expansion and investment plans in the state and said that the conglomerate is about to start a 20 GW gigafactory for …
Boeing Co. Chief Executive Officer Dave Calhoun fought back tears as he said the planemaker must own up to its shortcomings, underscoring the stakes of a safety incident that’s renewing questions over the quality of its manufacturing. Boeing CEO Dave Calhoun addresses Alaska Airlines accident {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} “We’re going to approach this — …
New Delhi: India’s manufacturing activity fell to an 18-month low in December due to the softening of new orders and output, a private survey said on Wednesday. According to the HSBC India Manufacturing Purchasing Managers’ Index (PMI), which is compiled by S&P Global, India’s manufacturing PMI fell to 54.9 in December from 56 in November …
The California-based start-up claims that, by removing gravity, they are able to make medicines that are not viable on earth. “Processing in a microgravity environment dramatically alters buoyancy, natural convection, sedimentation, phase separation and drives significant differences in transport-driven phenomena,” the company’s website reads. Essentially, Varda argues that drug formulations, both small molecules and biologics, …
Elon Musk’s Tesla will use Climate TRACE to gather information on steel and aluminum supplier emissions. A global coalition co-founded by Al Gore, the former US vice president, has released a granular database tracking global greenhouse gas emissions, down to the individual polluter. And some of the world’s biggest companies are planning to use this …
Zack Nelson of popular YouTube channel JerryRigEverything has been at it again, subjecting yet another phone to the kind of durability test that will leave you wincing in horror. Be gentle with Apples new Titanium iPhone 15 Pro Max … Yikes! The latest device to get the Nelson treatment is the iPhone 15 Pro Max, …
The Czinger 21C is a 1,350 horsepower supercar using cutting edge design and manufacturing processes Czinger The Czinger 21C is a technological breakthrough on multiple levels. Its core performance specs include a twin-turbocharged, flat-plane crank V8 paired with an 800V electric system that, combined, produces up to 1,350 horsepower. That power is sent through a …