Putting at rest all speculation around a partnership with Tesla, Tata Sons chairman N Chandrasekaran said on Wednesday that there is “no dialogue” with the Elon Musk-owned car company for a partnership in India, while adding, “We will do it on our own.” “There is no dialogue with Tesla. With us, there is nothing,” Chandrasekaran … Read more
The head of the world’s biggest vaccine maker and the World Health Organization’s chief scientist said manufacturers of coronavirus shots face a global shortage of the raw materials needed to churn out the inoculations. Adar Poonawalla, the chief executive officer of the Serum Institute of India Ltd. — which is licensed to produce hundreds of … Read more
Warren Buffett. Bill Pugliano / Getty Warren Buffett slipped warnings to investors into his annual letter. The billionaire cautioned against promoters and story stocks, Lawrence Cunningham said. Buffett has previously emphasized the dangers of speculation. Visit the Business section of Insider for more stories. Warren Buffett slipped some valuable advice for novice investors into … Read more
At least one connection opened by Chinese state-sponsored hackers into the network system of an Indian port is still active, even as authorities block attempts to penetrate the nation’s electrical sector, according to the US firm that alerted officials. As of Tuesday, Recorded Future could see a ‘handshake’ — indicating an exchange of traffic — … Read more
Microsoft Corp. chief executive officer Satya Nadella has highlighted the need to “foundationally transform” how cloud technologies can drive the next level of economic growth, as the world witnesses a second wave of digital transformation. “The true test of technology has always been whether organizations can improve their time to value, increase agility, and reduce … Read more
The campaign epitomises the challenges facing bilateral trade ties, U.S. Congress told The U.S. tried to resolve “long-standing market access impediments affecting U.S. exporters” with India during 2020, says the 2021 President’s Trade Agenda and 2020 Annual Report — an annual report submitted by the U.S. Trade Representative (USTR) to Congress. The report terms India’s … Read more
In a sign that more flights, perhaps even international, could be allowed soon, Air India has cancelled leaves of its pilots with immediate effect. The airline sent an order to its pilots on Monday, saying “all leave for cockpit crew stands withdrawn with immediate effect. However, leave may be granted in extreme cases depending on … Read more
With interest rates bottoming out and the economy picking up, opportunities for higher returns may open up The spotlight has been on stock markets since the Budget presentation and subsequent stock swings have given palpitations to the adventurous. But this Budget had some significant signals for fixed income investors too, which have flown under the … Read more
Demand for shopping savings app Fetch Rewards skyrocketed during the pandemic. That led to an $80 million fundraising haul last November, led by Iconiq Growth. Now, the company is in talks for another round that could more than double its old valuation. Visit the Business section of Insider for more stories. When Wes Schroll went … Read more