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Business

After promise, Elon Musk sells USD 1.1B in Tesla shares to pay taxes

After making a promise on Twitter, Tesla CEO Elon Musk has sold about 9,00,000 shares of the electric car maker's stock, netting over USD 1.1 billion that will go toward paying tax obligations for stock options.


Rajinikanth undergoes procedure to restore blood supply to brain

Superstar Rajinikanth on Friday underwent a procedure to restore blood supply to brain and he is recovering well, a hospital here that is treating him said.


LATEST HEADLINES

Another North Goa nightclub sealed; Kejriwal says corruption led to fire tragedy


Delhi govt plans feasibility studies for 11 under-construction hospitals in PPP model


7 held for running fake call centre in South Kolkata


Minister Parameshwara says remarks on properties linked to drug peddlers 'misunderstood'


Vehicle catches fire during AAI building inauguration near Bengaluru


Grammy-winning composer suspects food delivery man of having stolen his sump cover


Students for Streeties urge Karnataka to scale up ABC, ARV programmes


Strict security measures in place in Mumbai for Messi's events at 2 venues Dec 14, say police


Speaker UT Khader attends local cricket tournament during Bhatkal visit


NIA court declares absconding Delhi blast accused Muzaffar Rather 'proclaimed offender'


Akhlaq lynching case: Brinda Karat seeks President's intervention in UP govt's move to drop charges


J-K CM Abdullah throws open Asia's longest ski drag lift in Gulmarg




New auto debit rules of RBI to set in from Friday; Here's what you need to know

New Delhi: With the Reserve Bank of India's (RBI) extended deadline coming to an end, there will be no automatic recurring payment for various services including recharge and utility bill as the additional factor of authentication (AFA) will become mandatory from Friday.

 

Mercedes Benz, TVS Sundaram Motors celebrate 20 years of partnership with exclusive initiatives

India’s largest automobile manufacturer and TVS Sundaram Motors are celebrating 20 years of their partnership.The mark the completion of 20 years milestone, Sundaram Motors has launched four unique initiatives exclusively for Mercedes-Benz Patrons.

Gold drops Rs 199; silver tumbles Rs 250

Gold in the national capital on Monday dipped Rs 199 to Rs 46,389 per 10 gram amid a correction in global precious metal prices along with rupee appreciation, according to HDFC Securities.

RBI partially lifts ban on HDFC Bank, allows it to sell new credit cards
Kumar Mangalam Birla steps down as chairman of Vodafone Idea, request accepted by board

New Delhi: Amid an existential crisis facing the firm over Rs 50,000 crore unpaid dues towards the government, billionaire Kumar Mangalam Birla on Wednesday stepped down as the chairman of Vodafone Idea Ltd.

 

Reliance to conclude Aramco deal this year; Aramco chairman to join board of Reliance Industries Ltd

Mumbai: Saudi Aramco chairman and head of the Kingdom's cash-rich wealth fund PIF Yasir Othman Al-Rumayyan will join the board of Reliance Industries Ltd as a precursor to a USD 15 billion deal that is now expected to conclude this year.

 

Moody's cuts India growth forecast for 2021 to 9.6%

Moody's Investors Service on Wednesday slashed India's growth projection to 9.6 per cent for 2021 calendar year, from its earlier estimate of 13.9 per cent, and said faster vaccination progress will be paramount in restricting economic losses to June quarter.

Reports of its foreign investors' accounts being frozen 'blatantly erroneous': Adani group

New Delhi: Billionaire Gautam Adani's group on Monday said it has written confirmation that accounts of three foreign funds that are among its top shareholders are not frozen and reports to the contrary are "blatantly erroneous and misleading".

 

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