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South Korea probes Mercedes-Benz after a fire linked to their EQE vehicle’s Farasis batteries damaged 140 cars and displaced residents.

South Korea probes Mercedes-Benz after a fire linked to their EQE vehicle’s Farasis batteries damaged 140 cars and displaced residents.

South Korea’s antitrust regulator is investigating Mercedes-Benz Korea following a fire incident involving one of its electric vehicles in Incheon that damaged around 140 cars and forced residents to evacuate. The fire occurred on August 1, and authorities are probing whether the company misled consumers regarding its battery suppliers. The Mercedes EQE vehicle involved in ...

Market News

“Rahul Gandhi Claims Modi’s Mind Trapped, Highlights Election Flops Amid Bipartisan Tensions in US Speech”

During his visit to the United States, Rahul Gandhi, the Leader of Opposition in Lok Sabha, criticized Prime Minister Narendra Modi, claiming he is “psychologically trapped” after the unexpected results of the recent general elections. Gandhi highlighted that the Congress party faced significant challenges, including frozen bank accounts, yet still managed to challenge Modi’s vision ...

Market News

India’s hiring optimism soars to 37%, leading globally, driven by strong sectors and robust economic growth amidst talent demand.

India’s hiring optimism soars to 37%, leading globally, driven by strong sectors and robust economic growth amidst talent demand.

The employment outlook in India for the fourth quarter of 2024 is highly optimistic, with 37 percent of employers planning to hire more staff. This figure, reported in the ManpowerGroup Employment Outlook Survey, positions India as having the strongest hiring sentiment globally, surpassing countries like Costa Rica and the United States. The survey reflects a ...

Market News

JSW Energy secures a 600 MW wind-solar project, boosting its capacity to 18.2 GW, while eyeing carbon neutrality by 2050.

JSW Energy secures a 600 MW wind-solar project, boosting its capacity to 18.2 GW, while eyeing carbon neutrality by 2050.

JSW Energy’s subsidiary, JSW Neo Energy, has secured a 600 MW wind-solar hybrid power project from Maharashtra State Electricity Distribution Company (MSEDCL). This new project boosts JSW Energy’s total locked-in generation capacity to 18.2 GW, which includes a hybrid capacity of 3.8 GW. The company aims to increase its installed generation capacity to 10 GW ...

Market News

Rahul Gandhi Claims Congress Crushed Modi’s ‘Idea’—Is Politics in India Finally Ready for a Makeover?

In a recent address at Georgetown University, Rahul Gandhi, the former president of the Congress party, claimed that the party has “destroyed” the idea of Prime Minister Narendra Modi following the Lok Sabha elections. He noted a significant shift in Indian politics, highlighting the BJP’s decline from a majority of 303 seats to just 240, ...

Market News

Tata Electronics partners with ASMPT to revolutionize India’s semiconductor landscape, boosting innovation, training, and sustainability in Assam and Karnataka.

Tata Electronics partners with ASMPT to revolutionize India’s semiconductor landscape, boosting innovation, training, and sustainability in Assam and Karnataka.

Tata Electronics has partnered with ASMPT Singapore to enhance semiconductor assembly and packaging in India, focusing on facilities in Assam and Karnataka. This collaboration includes workforce training, improving service engineering, and advancing research in semiconductor technologies. Tata Electronics is investing Rs 27,000 crore in a chip assembly plant in Assam, set to begin operations next ...

Market News

Kolkata’s Tragic Doctor Case: A Family’s Grief Meets Political Denial – Mamata Banerjee’s ‘Compassion’ or Convenient Slander?

The mother of a trainee doctor, who was tragically raped and murdered at RG Kar Medical College in Kolkata, has publicly criticized Chief Minister Mamata Banerjee. She accused Banerjee of lying about offers of compensation and claimed that the police sought to bribe the family to remain quiet. Banerjee dismissed these allegations as slander and ...

Market News

Gautam Adani pleads for 0 million payment from Bangladesh, highlighting significant investments and commitment to energy security amid financial strain.

Gautam Adani pleads for $800 million payment from Bangladesh, highlighting significant investments and commitment to energy security amid financial strain.

Gautam Adani, chairman of Adani Group, has reached out to Muhammad Yunus, the advisor to the Bangladesh government, to speed up the clearance of $800 million owed by the Bangladesh Power Development Board for electricity supplies. In his letter, Adani highlighted the urgency of the situation, emphasizing the need for regular payments while fulfilling supply ...

Market News

Tihar Jail’s Strict Rules: ‘Ex-Prisoner’ AAP Leader Can’t Visit Kejriwal—Is Justice Just for Some?

Tihar Jail authorities have defended their decision to deny Aam Aadmi Party leader Sanjay Singh a visit with Chief Minister Arvind Kejriwal, citing Rule 588 of the Delhi Prison Rules. This rule prohibits ex-prisoners and habitual offenders from meeting friends who are currently incarcerated. Singh, currently out on bail over alleged irregularities in the Delhi ...

Market News

Tamil Nadu’s electronics boom intensifies with Jabil’s Rs 2,000 crore investment, creating 5,000 jobs amid soaring iPhone exports.

Tamil Nadu’s electronics boom intensifies with Jabil’s Rs 2,000 crore investment, creating 5,000 jobs amid soaring iPhone exports.

Tamil Nadu is becoming a major hub for electronics manufacturing, driven by a significant investment from Jabil Inc., which plans to establish a new facility in Tiruchirapalli. This investment of Rs 2,000 crore will create approximately 5,000 jobs, marking Jabil as the fourth Apple supplier in the state, alongside Foxconn, Pegatron, and Tata Electronics. Recently, ...

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