business news

Israeli Prime Minister Benjamin Netanyahu visits Tesla's factory in California, where Elon Musk showcases the company's developments, including a ride in the yet-to-be-launched 'Cybertruck.' The meeting also includes discussions on artificial intelligence and addressing anti-Semitism.

The Reserve Bank of India (RBI) has given its nod to the re-appointment of Sashidhar Jagdishan as the Managing Director and Chief Executive Officer (CEO) of HDFC Bank, extending his tenure for three more years, from October 2023 to October 2026.

Saudi Arabia is reportedly in discussions with Tesla about establishing a manufacturing facility in the kingdom, but Elon Musk refutes the claims. Meanwhile, Turkey and Israel have also expressed interest in hosting Tesla factories.

Google co-founder Sergey Brin has finalized his divorce from Nicole Shanahan, with rumors swirling of her alleged affair with billionaire Elon Musk. Despite denials, the divorce proceedings were confirmed in May, with the couple now sharing custody of their 4-year-old daughter.

Tata Steel and the UK government's joint £1.25 billion investment deal sparks both hope and protests. While the deal promises to save jobs and transform the steel plant in South Wales, concerns linger about potential layoffs.

Ola cabs restarts its bike taxi services in Bengaluru, this time exclusively with electric S1 scooters. CEO Bhavish Aggarwal announced the move on social media, emphasizing affordability and eco-friendliness.

Akasa Air initiates legal proceedings against a group of pilots who departed without fulfilling their notice period, leading to flight cancellations and inconveniencing passengers. The airline emphasizes the violation of contracts and civil aviation regulations.

Ashok Leyland, a major commercial vehicle manufacturer, is set to build an electric bus manufacturing facility in Uttar Pradesh, with a potential location in Lucknow. The MoU was signed in the presence of Chief Minister Yogi Adityanath, aiming to commence operations within 18 months, initially producing 2,500 electric buses annually.

-commerce giant Amazon has announced that it will discontinue the acceptance of Rs. 2,000 banknotes for cash on delivery (COD) services starting September 19, 2023. This move comes as the deadline for exchanging or depositing Rs. 2,000 notes approaches its end.

BP CEO Bernard Looney steps down from his position due to incomplete disclosure of past relationships with colleagues. The oil and gas giant appoints an interim CEO while considering potential successors.