The Vinfast’s factory in India, including the large electric vehicle (EV) companies, may begin on 30 June. This Vietnam company is trying to increase its sales in Asian countries rather than expansion in North America and Europe. Vinfast plans to set up a factory in Indonesia in October. The company’s founder, Pham Nhat Vuong said…
American technology company Intel plans to reduce its workfoses more than 20 percent. It aims to eliminate bureaucracy and balance the management. This will be the first major restructuring since the new Chief Executive Officer of Intel, Bu Tan last month. Bloomberg news Report In a source who has been aware of the company’s plan,…
There are difficulties for Ola Electric included in large electric two-wheeler companies. The state government of the company’s stores in Maharashtra is scrutiny due to disturbances about trade certificates. 146 stores were inspected in the state of Ola Electric. Of these, about 121 stores were being run without a trade certificate. 75 of these stores…
Mahindra & Mahindra, one of the large automobile companies, may soon launch Xev 7E Electric SUV. Both of them are based on the company’s Inglo platform. The company’s plan plans to launch the third electric SUV XEV 7E based on this platform. However, Mahindra has not confirmed its launch. Its design Mahindra The XUV can…
Tesla, one of the large electric vehicle (EV) companies, may soon start a business in India. Last week, Prime Minister Narendra Modi interacted with Tesla’s CEO, Elon Musk on telephone. After this, Musk has indicated that he can visit the country soon. One on social media platform x Post In Mask indicated that he would…
The electric version of the Harrier SUV of Tata Motors, which has a large stake in the segment of electric vehicles (EV) in the country, may be launched soon. The company’s target is a target to keep the Harrier Electric’s range of about 500 km in single charge. The company’s EV portfolio includes Tiago Ev,…
The central government has refused to impose Goods and Services Tax (GST) on transactions worth more than Rs 2,000 through Unified Payments Interface (UPI). Recently some media reports stated that GST may be imposed on transactions of more than Rs 2,000 from UPI. The government has described such reports as completely wrong and misleading. It…
The US Electric Vehicle (EV) Maker Tesla’s Chief, Elon Musk has interacted with Prime Minister Narendra Modi on issues like technology and innovation. Modi had a meeting with Musk during a recent visit to America. Apart from Tesla, the control of rocket company Spacex is also with Musk. Modi made one on social media platform…
Infosys included in large software companies decreased by about 11.75 percent on a year-by-year basis in the fourth quarter of the previous financial year. The company’s growth estimates for the current financial year also indicates increasing competition in this sector. Infosys has estimated up to three percent growth in revenue. However, the company’s margin guidance…
Electric two-wheeler maker Ultraviolette is preparing to start business in Britain. The company’s F77 Mach 2 Recon will soon be launched in Britain. Ultraviolette has partnered with Motomondo for this. For the company in Britain as well as Belgium, Netherlands and Luxembourg, it will take responsibility of importers and distributors. The F77 Mach 2 Recon…
