Tesla said that it will use its existing factories to build new and more affordable vehicles as early as late this year, leaving investments in new factories in Mexico and India unlikely in the near term.
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2nd Feb 2026 | Updated at 09:33pm 2nd Feb 2026
India’s economic rise signals global power shift
India has now surpassed Japan to become the world’s fourth-largest economy in nominal GDP, with a GDP of $4.18 trillion, according to the government’s year-end economic review.The country is poised to overtake Germany within the next 2.5 to...
India poised to be 3rd largest economy by 2030: S&P
India is poised to be the third largest global economy by 2030 but rising population presents mounting challenges in basic service coverage and growing investment needs to maintain productivity, S&P Global Ratings said.
The French government is planning to block the sale of generic drugs firm Biogaran to potential foreign bidders, which include two Indian pharma companies, according to French media reports.
Aditya Birla Group chairman Kumar Mangalam Birla said the £1.8 bn fund-raise has given Vodafone Idea a “fresh lease of life”, and set the stage for a “smart turnaround”. “Vi is not just a telecom company, it’s a national asset with 215 million...
Axis Bank overtook Kotak Mahindra Bank to become India’s third most valued private lender after a rout in the latter’s stock. Kotak Bank’s stock opened deep in the red last Thursday, a day after RBI restricted the lender from onboarding customers...
Come 2027 and IndiGo will mount nonstop flights by using its own wide body aircraft between India and far flung corners of the world. The Rahul Bhatia-founded mega budget carrier said it “has agreed” to place a firm order for 30 twin aisle Airbus...
Telecom major Reliance Jio has become the world’s largest mobile operator in terms of data traffic, surpassing China Mobile. The announcement came as Jio revealed its quarterly results, showcasing staggering numbers and milestones achieved in...
India and Oman will sign a trade deal in the coming months, two Indian government officials said, as New Delhi seeks to expand its ties in the Middle East, where rising tensions are putting major shipping routes at risk. "It will help India...
The £1.8 bn follow-on public offer (FPO) of telecoms services provider Vodafone Idea was subscribed seven times, the biggest such fund-raising move by demand size. The FPO, largest in Indian history in terms of the funds raised, was offered...
Tata Motors will manufacture Jaguar Land Rover (JLR) luxury cars at a $1 billion plant that it is planning to build in the southern state of Tamil Nadu, sources said. The plan would mark the first time that JLR-branded cars would be manufactured...
Reliance Industries posted a near-flat quarterly profit on Monday, while its revenue grew 11% to £24 bn, benefiting from the strength of its oil & gas and oil-to-chemical (O2C) businesses as well as its fast-growing retail and digital services...
