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Piyush Goyal visits Tesla factory, unwell Musk apologies for unable to meet him

Nov 14, 2023

New Delhi, Nov 14 (IANS) Union Commerce Minister Piyush Goyal on Tuesday said that he visited Tesla’s state-of-the-art manufacturing facility in Fremont, California, at a time when the centre is reportedly considering a request from Elon Musk-run electric car company to lower tariffs for imported electric vehicles (EVs).Goyal posted on X that it…

PRS Oberoi, The Oberoi Group Chairman Emeritus passes away

Nov 14, 2023

New Delhi, Nov 14 (IANS) Iconic hotelier P.R.S. Oberoi, Chairman Emeritus of the Oberoi Group breathed his last on Tuesday morning. He was 94.The last rites will take place at 4 p.m. on Tuesday.In an email to the Oberoi Group family, Vikram…

Business

Foreign businesses pulling out money from China: Report

Nov 14, 2023

Singapore, Nov 14 (IANS) Foreign businesses have been pulling money out of China at a faster rate than they have been putting it in, a media report said on Tuesday citing official data.The country's slowing economy, low interest rates and a…

Business

Salesforce names Denise Dresser as Slack CEO

Nov 14, 2023

San Francisco, Nov 14 (IANS) Enterprise software major Salesforce has appointed Denise Dresser, a long-time employee, as the new Slack CEO, after Lidiane Jones stepped down to become CEO at dating platform Bumble.In a post on X, Salesforce…

Business

HCLTech appoints Sonia Eland as Country Manager for Australia & New Zealand

Nov 14, 2023

New Delhi, Nov 14 (IANS) HCLTech on Tuesday announced the appointment of Sonia Eland as Executive Vice President and Country Manager for Australia and New Zealand.In her new role effective from April 1, 2024, Eland will report to Swapan…

Business

Amazon laying off ‘just over’ 180 employees in its gaming division

Nov 14, 2023

San Francisco, Nov 14 (IANS) Amazon is laying off over 180 employees in its games division, as the company shuts down its Crown channel that streams on Twitch, closes its Game Growth effort that helps game makers market their products, and…

Business

Biden unveils new 5G plan offering services to private sector

Nov 14, 2023

Washington, Nov 13 (IANS) US President Joe Biden has unveiled a new 5G spectrum plan called the "National Spectrum Strategy" offering certain identified frequencies to be used by the private companies to expand their operations from voice…

Business

Asia-Pacific hosts majority of Web3 game developers: Report

Nov 14, 2023

New Delhi, Nov 13 (IANS) The Asia-Pacific (APAC) region has the majority of Web3 game developers (40 per cent), followed by North America (30 per cent) and this year, half of the new games entering the space were based in Asia, a new report…

Business

Tata Steel to axe 800 jobs at Dutch plant

Nov 14, 2023

New Delhi, Nov 13 (IANS) Tata Steel said on Monday that it would axe around 800 jobs at its plant in the Netherlands to cut costs as it switches to green technology for bringing down pollution levels.Tata currently employs around 9,200…

Business

Safran, PTC Industries sign contract to provide casting parts for LEAP engine powering single-aisle…

Nov 14, 2023

New Delhi, Nov 13 (IANS) Indian-based PTC Industries and Safran Aircraft Engines, the French global leader in aero engine design, development and manufacturing, announced a multi-year contract to develop industrial cooperation for LEAP…

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