Tesla expands operations in India: Job openings signal market entry

[ad_1] NEW DELHI: Tesla Inc. has initiated recruitment in India, indicating its imminent market entry following the meeting between Prime Minister Narendra Modi and its chief executive officer Elon Musk in US.The company advertised 13 positions on its LinkedIn page on Monday, encompassing both customer-facing and administrative roles.The available positions were distributed across Mumbai and…

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Foreign investors booking profits: FM

[ad_1] MUMBAI: Seeking to assuage concerns over foreign institutional investors (FII) selling Indian equities lately, finance minister Nirmala Sitharaman on Monday attributed the action to profit booking.Speaking to reporters in the financial capital, Sitharaman said the Indian economy is one where the investors are bagging better returns which leads to profit booking. “FIIs also go…

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Porsche loses ‘premium’ tag in China, thanks to ‘smarter’ tech at budget price

[ad_1] BERLIN: After decades of dominating China’s market for high-performance cars with precision engineering, German automakers are losing out to Chinese rivals that have shifted the definition of a high-end car to one that is electric, smart and affordable.Many new Chinese vehicles resemble their German rivals, including the popular Xiaomi SU7, which mimics Porsche’s Taycan….

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‘AI driving force behind business transformation’

[ad_1] NEW DELHI: Artificial Intelligence (AI) is no longer a futuristic concept but is a driving force behind business transformation, industry leaders have said.During a panel discussion at the Times Group’s ET NOW Global Business Summit (GBS) 2025, Subramanyam Yadavalli, CEO – International, Apollo Hospitals, highlighted three major AI-driven advancements transforming healthcare: predictive analytics, real-time…

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‘Yielding good returns’: FIIs selling Indian equities due to profit booking, says Nirmala Sitharaman

[ad_1] NEW DELHI: Finance minister Nirmala Sitharaman on Monday dismissed concerns over the recent sell-off by foreign institutional investors (FIIs) in Indian equities, attributing it to profit booking.She claimed that investors are making strong returns in India, which naturally leads to periodic profit-taking.“FIIs also go out when they are able to or in a position…

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