NEW DELHI: Foreign investors have pulled out a massive Rs 56 billion from the Indian capital markets in the last five trading sessions, after putting in money during the previous two months, on unabated fall in rupee and rise in crude oil prices. The latest outflow comes following a net infusion of close to Rs […]
NEW DELHI:Union Minister Piyush Goyal Friday expressed disappointment over some companies running a campaign to run down electric vehicles to promote their hybrid cars in India. Speaking here at the Global Mobility Summit ‘MOVE’, the minister alleged that the companies promoting hybrid vehicles “want us to settle for the second best”. “I am extremely sad […]
NEW DELHI: The Enforcement Directorate (ED) Saturday conducted searches at nine locations in Tamil Nadu in connection with an alleged Rs 90 crore bank loan fraud money laundering case, officials said. Searches are being conducted at Virudhunagar, Madurai and Coimbatore in connection with its probe involving Ms Inshumathi Refineries Pvt Ltd (which is based in […]
BEIJING: Alibaba co-founder and chairman Jack Ma plans to retire from the Chinese e-commerce giant on Monday to devote his time to philanthropy focused on education, he told the New York Times in an interview. Ma was an English teacher before starting Alibaba in 1999 and built it into a multibillion-dollar internet colossus, becoming one […]
NEW DELHI: Niti Aayog Vice Chairman Rajiv Kumar Saturday urged the automobile sector to confine to a timeline for achieving 100 per cent fully electric mobility solutions, powered by renewables. Kumar in his address at the Global Mobility Summit said transformation in the mobility sector requires a collaborative effort from states and all other stakeholders. […]
