The news spread, first with an item on Fox News and then in outlets all over the world. Jason was so high on enthusiasm for the new company, and pride in his wife’s ambition, that he dashed off a public promise on the DNG Motors Instagram account. “UNVEILED SEPTEMBER 13, 2023,” read an image of … Read more
Mumbai: Overseas investors were buyers of Indian equities worth ₹17,932 crore across 15 sectors between April 1 and 15, as per National Securities Depository Ltd (NSDL) data. Power sector received the highest inflow from foreign investors, who bought shares worth ₹5,143 crore after buying ₹45 crore in March. In 2023, the sector witnessed inflows worth … Read more
Mumbai: Fast-moving consumer goods (FMCG) shares saw the highest selling by foreign investors in the second-half of March. Foreign funds dumped shares worth ₹4,939 crore in the sector after buying worth ₹11,180 crore during the first-half of the month as per data from National Securities Depository Ltd (NSDL). The sector witnessed outflows worth ₹4,472 crore … Read more
Buying activity from the foreign portfolio investors (FPI) returned in March with equity purchases worth Rs 40,710 crore taking place as on March 15. This comes after a lackluster first two months where FPIs bought shares worth Rs 1,539 crore while remaining net sellers in January at 25,744 crore. With this WPIs are net buyers … Read more
The US government has launched an investigation into the national security risks posed by foreign-made vehicles with internet connectivity—especially those made in China. At a briefing on Wednesday, Secretary of Commerce Gina Raimondo even raised the specter of Beijing remotely triggering mayhem on US highways. “Imagine if there were thousands or hundreds of thousands of … Read more
A cheaper model of Tesla electric vehicle is coming late next year, CEO Elon Musk told investors today. If it launches on Musk’s ambitious timeline, it might arrive in time to help Tesla parry the growing might of Chinese EV makers. The “next generation” compact vehicle Musk mentioned could represent the $25,000 entry-level EV teased … Read more
New Delhi, French carmaker Renault is planning to launch five products in the Indian market over the next three years as it looks to tap emerging demand for automobiles in the country, according to a top company executive. The automaker, which saw subdued sales last year owing to various challenges, expects a turnaround in business … Read more
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