San Francisco : US online retail giant Amazon is leading a $700-million funding round for electric truck startup Rivian Automotive, Rivian has said. The latest funds will help produce its first all-electric vehicles -- the R1T pickup truck and the seven-seat R1S SUV,...
San Francisco : Google will invest $13 billion in building new data centres and offices in over a dozen states in the US in 2019, the company's CEO Sundar Pichai has said. In a blog post late on Wednesday, Pichai said the investment would create tens of thousands of...
New Delhi : The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the signing of three Memorandums of Understanding (MoUs) with Saudi Arabia for strengthening cooperation in the fields of tourism, customs and investment. The MoU would...
Mumbai : Capital markets regulator SEBI on Monday granted relaxation to non-residents from furnishing PAN card details to transfer equity shares to their immediate relatives subject to conditions. According to the SEBI, many non-residents such as Non-Resident Indians...
New Delhi : With trade relations between countries being actualised at the state or regional levels, a Minister of the German state of Thuringia on Monday called for greater cooperation with Indian industry for the benefit of both. Speaking at an Indian industry...
Greater Noida : Prime Minister Narendra Modi on Monday said that the world has seen crude prices on a roller-coaster ride for too long and there was a need to move to responsible pricing which balances the interests of both the producer and consumer. Addressing the...
Kochi : Kerala Chief Minister Pinarayi Vijayan on Monday launched an online mechanism to ensure clearance to investment proposals within 30 days of the application, while calling for more industrial production to take place in the state. K-SWIFT (Kerala...
By Bappaditya Chatterjee, Kolkata : Targetting 300 million kg of exports by 2020, tea planters have told the government that the key to this lies in incentivising production of orthodox (full leaf) tea and boosting the Merchandise Exports from India Scheme (MEIS). "We...
Chennai : Global technology and services provider Bosch Group on Wednesday inaugurated the Robert Bosch Center for Data Science and Artificial Intelligence (RBC-DSAI) at the Indian Institute of Technology-Madras (IIT-M) with a planned investment of 2.5 million Euros...
Islamabad : Pakistani Finance Minister Asad Umar has proposed changes in the initial plan of Special Economic Zones (SEZs) under the China-Pakistan Economic Corridor (CPEC) in order to make them more investor friendly. In a meeting of Economic...