What Centre Needs To Do On Sorting Out The Controversy Over Bengal Chief Secretaryâs Transfer
by Jaideep Mazumdar - Jun 1, 2021 08:54 AM
(Alapan Bandyopadhyay)
Snapshot
Legal experts say that if challenged in a court of law, the Union Government is most likely to get a rap on its knuckles for its âunjustifiable movesâ against Alapan Bandopadhyay.
It is important to choose oneâs battles wisely and to fight the most important ones while letting the rest go, said well-known motivator and writer C.Joybell C.
And this is exactly the advice that the Centre now needs to heed to bring an end to the unsavoury controversy triggered by its order last week transfering top Bengal bureaucrat Alapan Bandopadhyay to New Delhi.
Operator
Ladies and gentlemen, good day and welcome to the Tata Motors Q4 earnings conference call. [Operator instructions] Please note that this conference is being recorded. I ll now hand the conference over to Mr. Prakash Pandey from Tata Motors.
Thank you and over to you, sir.
Prakash Pandey
General Manager of Treasury and Investor Relations
Thank you. Good evening, everyone. Hope all of you and your family members are healthy and safe during these uncertain and unprecedented times. On behalf of Tata Motors, I warmly welcome you all for our Q4 FY 21 results conference call.
Today, we have with us Mr. Guenter Butschek, MD, and CEO of Tata Motors; Mr. Thierry Bollore, CEO of Jaguar Land Rover; Mr. PB Balaji, Group CFO of Tata Motors; Mr.
Batteries, Not Cars, May Be the Reason for Tesla to Go to India
Lithium battery scientist and Head of Energy Storage at Bloomberg NEF, James Firth, tweets a bar graph showing that the production of EV batteries may be the best reason for Tesla to go to India. The estimate lists India as the lowest cost country for manufacturing cells, which with subsidies, could reduce costs significantly - enough to be a game-changer and bring Tesla to India.
Advertisement
Car Sales May Not Be Not Enough
Multiple news stories since last year have speculated whether Tesla would go to India to build yet another Gigafactory as a way to increase production with reduced costs; while at the same time, broaden Tesla EV ownership globally.
Maruti Suzuki India Ltd. may halve its production capacity as an overwhelming surge of coronavirus infections shutters some of its sales outlets in the South Asian nation. The problem is on the “sales side because in several states there is a partial lockdown and there’s a curfew in some states and the dealers who sell the cars are having to close down,” Maruti Chairman R.C. Bhargava said in an interview with Bloomberg Television on Tuesday. “Half the sales outlets are closed at the moment.” India’s largest carmaker was producing at full capacity before it also decided to shut some plants in order to divert oxygen to hospitals last week. “We should still be able to produce at 50% to 60% capacity,” Bhargava said.
India’s top carmaker Maruti Suzuki slices production as lockdowns hit sales
SECTIONS
India’s top carmaker Maruti Suzuki slices production as lockdowns hit salesBy Ragini Saxena and Haslinda Amin, Bloomberg
Last Updated: May 04, 2021, 04:14 PM IST
Share
Synopsis
Maruti isn’t the only carmaker feeling the pain. Hero MotoCorp Ltd., the world’s largest producer of two-wheelers, halted operations temporarily at all of its manufacturing facilities in response to a surge in Covid cases last month, while Ashok Leyland Ltd. scaled down the operations of some of its plants, which are only expected to work for seven to 15 days in May.