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Fisker cuts annual production forecast, flags material weakness in financials

Electric-vehicle startup Fisker slashed its 2023 production guidance on Monday as it struggles to ramp up deliveries and flagged weakness in internal controls over financial reporting, sending its shares down 14 per cent after the bell.Fisker now expects production of 13,000 to 17,000 electric vehicles in ....

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KTR meets leadership team of Fisker Inc in USA

The Telangana delegation led by IT & Industries Minister KTR met with Fisker Inc. Chairman & CEO Henrik Fisker, CFO Geeta Fisker, and the management team in the USA.  Fisker is an American electric vehicle (EV) company.  Minister KTR thanked the leadership team of Fisker for choosing Hyderabad to set up their IT Development Center. The initial headcount of this upcoming center ....

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Qualcomm to invest Rs 3,904 crore to expand operations in Hyderabad

American multinational corporation Qualcomm will be investing Rs 3,904.55 crore to expand their Hyderabad operations and are planning to inaugurate their second largest campus outside the US in October 2022. ....

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