Windrose Capital and ITI Growth fund invest Rs 2 crore in Invento Makerspaces
Invento Makerspaces was founded by Balaji Viswanathan along with two other co-founders. The ‘Mitra 2’ was launched by PM Modi at GES 2017 and the more advanced ‘Mitra 3’ was recently unveiled at the World renowned Consumer Electronics Show in Las Vegas. The robot is designed to interact with humans using facial and speech recognition.
China's Great Wall agrees to buy General Motors' India plant
Great Wall, one of the biggest sellers of sports-utility vehicles (SUV) in China...
Passenger vehicle exports rise 6 per cent in April-Dec; Hyundai, Ford lead the pack
Car shipments saw 4.44 per cent growth at 4,04,552 units,...
Great Wall Motors close to acquiring General Motors Pune plant for $250-300 million
Great Wall Motors, China's largest SUV maker, is close to acquiring GM’s manufacturing facility in Pune.
Smartphones done, cars next: Tech giants want to beat slowdown, and transform vehicles into money-making machines
The two industries have converged on the idea of cars providing services and features delivered 'over the air'.
Tesla's market value zooms past that of GM and Ford - combined
The company has repeatedly missed targets in recent years and Musk's mercurial behavior has come under close scrutiny from financial regulators and shareholders of Tesla. However, most mainstream automakers are still ramping up new generations of electric vehicles designed to compete with Tesla's combination of style, technology and performance.
Rupee ends marginally higher at 70.97
A stronger dollar in overseas markets after solid US economic data had weighed on the rupee sentiment in early trade, forex traders said.
2 Indian students killed in hit and run crash in US
Judy Stanley (23), and Vybhav Gopisetty (26), were graduate students of the Tennessee State University (TSU) and were pursuing food science degrees in the College of Agriculture, the university said. The university students have raised-- through a GoFundMe Page-- more than USD 42,000 for their last rites and funeral in India.
Gold bull run over as prices all set to fall towards $1,420 level
Trade war has propelled gold about 15 per cent this year in the international markets.
Here's why automobile giants are offering car subscription services to their clients
Car subscription works out very well for those who are in transferable jobs and do not want to worry about owning/transporting a car across cities or those individuals whose car requirements keep altering with their lifestyle changes.
TCS-General Motors deal may spur a new wave
Automotive cos that are facing so much disruption are now willing to engage with Indian IT services providers.
General Motors, TCS join hands for future vehicle engineering
The new association builds on the 16-year long relationship between the two companies, the companies said in a joint statement.
Fed likely to defy history with rates steady through elections
Fed has changed policy in one direction or another in each of the last 10 presidential polling years.
US Fed risks more Trump anger with rates on hold
After raising rates four times in 2018, the Fed has reduced them this year.
TCS to take over 1,300 GM India engineering unit’s staff
Analysts have estimated the value of the contract at $600-700 million. This could be one of the largest deals for TCS in its automotive vertical.
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