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Aditya Birla Sun Life AMC IPO: To open on Sept 29; price band fixed at Rs 695-712
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Recovery of bad loans impacted due to Covid pandemic, says B K Karad
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Bad Bank launched for stressed assets to clean up bank books, says MoS finance
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EACC arrests ex-Renewable Energy Authority CEO over tender
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Tesla to Set Up Electric Car Manufacturing Unit in Karnataka, Says CM Yediyurappa
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Tesla Inc will set up an electric car manufacturing unit in Karnataka, Chief Minister BS Yediyurappa said on Saturday. The statement was part of a press release on Saturday listing benefits for the state under the Union Budget. However, according to sources in the Chief Minister s Office (CMO), the budget does not mention the move but talks around it have been positive.
Last month, the American electric carmaker incorporated Tesla Motors India and Energy Private Limited with its registered office in Bengaluru, a hub for several global technology companies.