Valvoline CEO Lori Flees discusses the used car boom, decreased interest in electric vehicles and more on ‘The Claman Countdown.’ Stellantis on Friday announced it will take a $26.5 billion charge as the automaker cuts back on electric vehicle (EV) production, joining other manufacturers in taking a financial hit after misjudging consumer demand for EVs. Stellantis […]
Investment in UK film production hit a record £2.8bn last year, driven overwhelmingly by Hollywood studios and global streaming platforms, according to new figures from the British Film Institute (BFI). However, industry leaders are warning that growth is likely to slow in 2026 as Netflix shifts production back to the United States amid political pressure […]
Rooted in the Indian ethos of compassion, the Jeevodaya Silk method enables silkworms to complete their natural life cycle while producing usable silk. The project aims to promote ethical, sustainable silk production and improve rural livelihoods. | Photo Credit: T. APPALA NAIDU/THE HINDU IIT Bombay’s Centre for Technology Alternatives for Rural Areas has developed a […]
Constellation Research founder R ‘Ray’ Wang joins ‘Varney & Co.’ to discuss the new U.S.-controlled TikTok entity and why he believes Elon Musk’s humanoid robots and robo-taxis will fuel Tesla growth. Elon Musk confirmed Wednesday that Tesla will stop producing its Model S and Model X premium sedans and SUVs, marking the end of an […]
Tata Consultancy Services Ltd. has struck a strategic alliance with chipmaker Advanced Micro Devices Inc. to accelerate the deployment of AI for enterprise clients, a move that underscores the company’s pivot to become the world’s largest AI services company. Tata Consultancy Services is in the throes of a pivot to become the world’s largest AI-led […]
Maruti Suzuki India Ltd. has approved a plan to acquire land in Gujarat, as the nation’s largest carmaker seeks to expand its annual production capacity by up to 10 lakh units (1 million) to meet rising demand. The Maruti Suzuki eVitara. (HT) The board of the New Delhi-based carmaker cleared an investment of ₹4,960 crore […]
NEW DELHI: The ministry of electronics and information technology (MeitY) on Monday cleared 17 projects, with a cumulative investment of ₹7,172 crore, in the second tranche of approvals under a scheme that aims to boost the production of electronic goods within the country. Minister of Electronics and Information Technology Ashwini Vaishnaw said that early scepticism […]
Sajid Nadiadwala’s production house, Nadiadwala Grandson Entertainment Pvt Ltd, has purchased two apartments in Mumbai’s Prabhadevi for ₹36.57 crore, according to property registration documents reviewed by Square Yards. The first transaction includes an apartment purchased by Nadiadwala Grandson Entertainment Private Limited in a building named Hubtown Twenty Five North. The apartment, spanning 2,390 sq ft, […]