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Toyota chairman says EVs will only reach 30% market share

Longtime Toyota CEO and chairman Akio Toyoda believes EVs will only reach 30% market share at most. The comments come despite several auto markets, like Norway and Sweden, already well past that. Toyoda, the grandson of the automaker’s founder, has been one of the most vocal opponents as the industry shifts to electric. Under Toyoda’s control, the Japanese automaker has consistently lobbied against electric vehicles, asking for easier government regulations to slow the rollout. As a result,…

Noida boy wants Thar 4X4 off road SUV for Rs. 700: Chairman Anand Mahindra responds

The Mahindra and Mahindra brand has been quite generous when it comes to handing out their cars as gifts to accomplished sports personalities in India. There are many others who put unusual requests to Anand Mahindra seeking special prices on Mahindra cars. He has shared a video on his social media with an unusual request from a kid. My friend @soonitara sent me this saying “I love Cheeku!” So I watched some of his posts on Insta (@cheekuthenoidakid) and now I love him too. My only problem is that if we validated his…

Kolkata: Railway Board Chairman Inspects East West Metro Work For Safety Inspection Amidst Delay

Last Updated: November 29, 2023, 11:15 ISTKolkata: Railway Board Chairman Inspects East West Metro Work For Safety Inspection Amidst Delay. (Photo: Wikipedia)Railway Board Chairman Jaya Varma Sinha inspects East West Metro's Howrah-Esplanade stretch, emphasizing passenger safety before commissioning.Railway Board Chairman and CEO Jaya Varma Sinha on Tuesday inspected the Howrah Maidan to Esplanade stretch of East West Metro, travelling in a train through the country’s first of its kind tunnel under the River Hooghly, an…

lic fintech arm: LIC exploring possibility of setting up fintech arm: chairman Siddhartha Mohanty

As part of its digital transformation exercise, insurance behemoth Life Insurance Corporation (LIC) is exploring the possibility of setting up a fintech unit. LIC has initiated a total digital transformation project DIVE (Digital Innovation and Value Enhancement) and appointed a consultant to steer the project, LIC chairman Siddhartha Mohanty told PTI in an interview. Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteMITMIT Technology Leadership and InnovationVisitIIM KozhikodeIIMK…

Samsung’s chairman visits Europe to gather support for World Expo 2030

In his first trip after the recent trial over a 2015 merger case, Samsung Electronics Co. Chairman Lee Jae-Yong is visiting Europe. This trip is not only meant to build key business partnerships but also to gather support for South Korea's bid to host the World Expo 2030 in Busan. Reportedly, Lee departed for London on Sunday. In London, Lee will check the performance and market conditions for its Digital eXperience division (DX), which is responsible for the electronics business in Europe. Samsung, being the largest…

Ethics Committee Chairman Moves to Expel George Santos

Rep. Michael Guest introduced a new expulsion resolution a day after his committee released a damning report about the New York congressman The House Ethics Committee did not formally recommend the House of Representatives move to kick George Santos out of Congress despite finding “substantial evidence” that the New York congressman is guilty of federal crimes. The committee’s chairman, Rep. Michael Guest (R-Miss.), took matters into his own hands on Friday, filing a new resolution to expel Santos.

Vedanta Chairman Says Their $5 Billion Made-in-India Chip Will Be Ready in 2.5 Years

Vedanta group chairman Anil Agarwal on Friday said that the first phase of its semiconductor project will involve a $5 billion (roughly Rs. 41,300 crore) investment of the overall $20-billion (roughly Rs. 1,64,500 crore) outlay, and the venture will be ready with made-in-India chip in two and a half years.Vedanta is talking to three companies to rope them in as technology partners for its mega plans entailing foundry, chip manufacturing, and packaging and design."In 2.5 years, we will give you Vedanta made-in-India…

Reliance Chairman Mukesh Ambani Push Artificial Intelligence Plans: Jio Promises AI to Everyone, Everywhere in India

Jio Platforms is keen to lead efforts in developing India-specific AI models and AI-powered solutions across domains, delivering the benefit of this new-age technology to Indian citizens, businesses and government, RIL Chairman Mukesh Ambani said on Monday promising "AI to everyone, everywhere."Terming Artificial Intelligence (AI) as the most exciting frontier of growth for Jio, Ambani outlined ambitious plans on this front at the 46th AGM of Reliance Industries.Ambani pledged the company's commitment to create up to…

Rupert Murdoch steps down as chairman of Fox and News Corp: What we know

Rupert Murdoch spent a lifetime building one of the world’s most important media empires. Now, at age 92, he says he’s no longer going to run it day to day. In November, Murdoch will step down as chair for Fox Corporation, the company that owns Fox News and the Fox broadcast channel, as well as News Corp, the company that owns publishers including the Wall Street Journal and the New York Post. Murdoch has been the last remaining media megamogul running the business he created. And that business has been extremely…