Skip to content
Search

Latest Stories

Tesla CEO Musk suggests India entry in 2021

Tesla Inc chief executive Elon Musk indicated on Friday that the US electric carmaker will make a foray into India in 2021.

"Next year for sure," Musk said on Twitter in reply to a post with a photograph of a T-shirt with the message: "India wants Tesla".


"Thanks for waiting," Musk said.

Tesla's entry could come at a time when prime minister Narendra Modi is increasingly becoming focussed on promoting the use and manufacture of electric vehicles.

India's auto sector, already reeling from a slowdown in demand last year, has been further hit by the novel coronavirus pandemic and carmakers are seeking government support to push sales.

Musk commented last year about coming to India, in response to someone on Twitter who asked "What about India sir?".

"Would love to be there this year. If not, definitely next!" he said in March 2019.

More For You

Starmer and Modi

Starmer and Modi shake hands during a bilateral meeting in the sidelines of the G20 summit at the Museum of Modern Art in Rio de Janeiro, Brazil Brazil, on November 18, 2024. (Photo: Getty Images)

Getty Images

UK and India finalise free trade agreement after three years of talks

INDIA and the United Kingdom on Tuesday concluded a long-awaited free trade agreement after three years of negotiations. The deal, finalised in the context of past US tariff actions under president Donald Trump, is the most significant trade pact for the UK since it left the European Union.

The agreement between the world’s fifth and sixth largest economies aims to increase bilateral trade by £25.5 billion by 2040 through improved market access and eased trade restrictions.

Keep ReadingShow less
WhatsApp ends support

Switching to a newer device is now the only way to retain access to WhatsApp

iStock

WhatsApp ends support for these smartphone models from May 5

Some iPhone users will lose access to WhatsApp features including messaging, voice and video calls from 5 May, as the platform ends support for certain older devices.

The Meta-owned messaging service has confirmed it will now only support iPhones running iOS 15.1 or later. As a result, three older Apple devices — the iPhone 5s, iPhone 6, and iPhone 6 Plus — will no longer be able to run the app after the update takes effect.

Keep ReadingShow less
Air India’s success takes flight on women’s wings

On International Women’s Day 2025, Air India operated flights with all-women teams across the air and on the ground

Air India’s success takes flight on women’s wings

ON A recent Air India flight from Heathrow to Delhi in a brand new Airbus A350, a routine announcement from the flight deck said the aircraft was under the command of Neelam Ingale and Ruhani Dogra.

One of the female members of the cabin crew was surprised that Eastern Eye was surprised that both the pilot and co-pilot were women. This was nothing unusual, she indicated.

Keep ReadingShow less
World Bank backs upgrade of Bangladesh port

Chittagong’s Bay Terminal project aims to expand port capacity and boost export efficiency

World Bank backs upgrade of Bangladesh port

BANGLADESH and the World Bank last Wednesday (23) signed two financing agreements worth $850 million (£634.1m) to strengthen the country’s trade capacity, create jobs, and modernise its social protection system, the Washington-based global lender said.

The bulk of the funding – a sum of $650m (£484.8m) – will support the Bay Terminal Marine Infrastructure Development Project, an initiative to expand and modernise port facilities in the southeastern district of Chittagong. The project will include constructing a 6-km (3.7-mile) climate-resilient breakwater and access channels, allowing the port to accommodate larger vessels. This is expected to sharply reduce turnaround times, lower transportation costs, and boost Bangladesh’s export competitiveness.

Keep ReadingShow less
Adani Group

A logo of the Adani Group is seen on a commercial complex in Mumbai.

Reuters

India’s market regulator accuses Adani nephew of insider trading

THE Securities and Exchange Board of India (SEBI), India’s market regulator, has accused Pranav Adani, director of several Adani group companies and nephew of Gautam Adani, of sharing unpublished price sensitive information in violation of insider trading rules, according to a document reviewed by Reuters.

SEBI sent Pranav Adani a notice last year alleging that he shared details about Adani Green's 2021 acquisition of SB Energy Holdings with his brother-in-law before the deal was made public, a source and the SEBI document said.

Keep ReadingShow less