Tesla’s Budget-Friendly Model Y Delayed: US Production Postponed
Tesla delays US production of its cheaper Model Y (codenamed E41) due to tariff exposure. Budget car is still slated for China & Europe. Production of 250,000 units expected in 2026.
ITC Invests in Mother Sparsh & SNBPL for Organic Growth
ITC is investing ₹81 crore in Mother Sparsh, raising its stake to 49.3%. It's also acquiring SNBPL (24 Mantra Organic) for ₹400 crore to boost its presence in the organic food sector and support sustainable farming.
ESRT: Manhattan Office Leases & Success Strategies
Empire State Realty Trust (ESRT) defies Manhattan office market trends with high occupancy (94.2%). Renewals & strategic upgrades drive success, overcoming class distinctions. Key leases: Gerson Lehrman, Workday, Carolina Herrera.
US Manufacturing Reshoring: Samsung, LG, Honda & More
Samsung & LG consider reshoring to the US (South Carolina & Tennessee). Honda denies moving production. Driven by rising costs & supply chain issues, other companies like Toyota & GE are also reshoring.
Fintech industry to grow with digital expansion: MobiKwik’s Upasana Taku
India’s fintech sector is expected to grow strongly over the next 10 to 20 years, with huge potential to expand digital payments and offer more financial services such as credit and insurance, especially for those who are currently underserved, said MobiKwik Co-Founder Upasana Taku.
NYC-area importers are riding out the ‘storm before the calm’ as Trump’s tariffs start to hit — even with his pause
The Port Newark Container Terminal was going full-out on Wednesday after President Trump’s punishing tariffs kicked in, with cranes working to unload one ship after another — as shippers, retailers and importers braced for the stiff new duties to be levied on the next load of cargo from overseas.
Whistleblower claims Meta helped China develop advanced AI to ‘outcompete American companies’: bombshell testimony
During her opening statement, Wynn-William, Facebook’s former director of global public policy, told lawmakers that Meta began providing briefings to the Chinese Communist Party “as early as 2015” while pursuing “Project Aldrin” – a top-secret effort to gain access to China’s lucrative market.
Easter spending forecast to climb 5% despite high inflation, recession fears
US consumer spending for Easter is expected to rise about 5% this year as Americans snap up candy and gifts to celebrate despite concerns around high inflation and economic uncertainty, a National Retail Federation report showed on Tuesday.
Big-tech global firms challenge homegrown startup growth: CCI top official
Indian startups struggle to compete with global big tech companies like Google, Facebook, and Amazon, due to their vast resources and control of data, said Ansuman Pattnaik, director general, Competition Commission of India (CII), the country's anti-trust body.
Banks park record Rs 4.13 trillion with RBI in standing deposit facility
A section of the market also pointed out that banks have accumulated temporary surplus due to increase in government cash balances and surge in CDs.
Trump poised to unveil more tariffs on ‘Liberation Day’ — here’s what to expect
Shoppers may soon see higher price tags on many pharmaceutical drugs, which are also manufactured in Switzerland, Germany and the UK en masse; food products; and electronics — all goods that the US largely imports from other nations, experts told The Post.
Brigade Group inks pact for Rs 300 cr luxury housing project in Mysuru
In January, the realtor signed a memorandum of understanding (MoU) with Technopark to develop a World Trade Center (WTC) and business hotel in Thiruvananthapuram, spanning 1.5 million square feet.