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Tata Electronics will set up a display manufacturing unit in Gujarat in partnership with Taiwan-based PSMC and Himax Technologies, a top official of the company said on Wednesday. Speaking at IESA Vision Summit, Tata Electronics CEO Randhir Thakur announced signing of a tripartite agreement with the Gujarat government for the plant. «Today, I am delighted to announce signing of an MoU between Tata Electronics, PSMC and Himax to revolutionise India's display product and technology ecosystem. With PSMC's proven technology, Tata Electronics will manufacture display chips for Himax in Dholera, Gujarat,» Thakur said. With foray in display manufacturing, Tata Electronics will have presence in all three top semiconductor manufacturing segments.

Donald Trump hailed the creation of Department of Government Efficiency, popularly referred to as "Doge," a new agency aimed at reducing government waste. Speaking at the US Capitol, Trump stressed that his administration is «ending the flagrant waste of taxpayer dollars» with the formation of the Elon Musk-led agency. Trump took a moment to spotlight his billionaire ally and tech entrepreneur Elon Musk, who was present in the audience wearing a sharp suit and a blue tie.

Subscribe to enjoy similar stories. President Trump won the Presidency a second time by promising working-class voters he’d lift their real incomes. Which makes it all the more puzzling that he’s so intent on imposing tariffs that will punish those same Americans.

Securities and Exchange Board of India (Sebi) is considering a plan to ease restrictions on short-selling — a trading strategy betting on a decline in prices of an asset-- on most stocks. In a recent meeting of the regulator-appointed secondary market advisory committee (SMAC), the proposal was discussed after broking industry officials highlighted that the market watchdog's January 2024 proposal to bar short-selling in stocks that are not in the future and options segment had caused uncertainty. The new recommendations, if implemented, could allow short-selling in all stocks, barring those in the trade-to-trade, or T2T, segment, said sources with direct knowledge of the matter. Sebi officials, during the discussions, agreed to give the plan another thought, they said. An email to Sebi went unanswered till press time.

India marking the 20th anniversary of the Bengaluru office for the Wall Street bellweather, Goldman Sachs CEO David Solomon spoke with ET’s Arijit Barman, emphasizing that the global economy will remain deeply interconnected despite the rising intensity of trade tariff rhetoric. During his brief one-day visit to India where the firm has invested over $8.5 billion, Solomon will stop at the firm’s Bengaluru campus where Goldman Sachs’ technology engineers and quants are driving innovation—developing systems that span from trade execution and risk management to advancing the immersion of AI with their global colleagues throughout the firm.

United States President Donald Trump’s tariffs will “disproportionally affect the less fortunate” economically, says the head of Canada’s largest bank.

ChatGPT and Google's Gemini.

electric vehicles globally by 2030, José Muñoz, President & CEO of the Hyundai Motor Company (HMC) said. Munoz, who was in India to review operations at the Indian subsidiary Hyundai Motor India Limited (HMIL), said, the company is committed to make EVs more accessible and suited to needs of Indian consumers. “With HMC’s target to sell 2 million EVs by 2030 globally, India will play an important role in achieving this milestone”, Munoz said, adding, “HMC will continue to support HMIL to expand its EV offering and invest in the necessary infrastructure to support this shift.” Hyundai Motor India — which launched the Creta EV earlier in January this year targeting customers in the mainstream market — plans to launch three more EVs in the coming years. Prior to the launch of the Creta EV, the company had a sole electric vehicle Ionia 5 on sale (at the upper end of the local passenger vehicle market).

Subscribe to enjoy similar stories. Silicon Valley’s hottest investment isn’t a new app or hardware product. It’s one man.

Cityflo, a commute service firm, said it is entering Delhi to cater to the daily transit needs of corporate professionals. Founded in 2015 by IIT Bombay alumni Jerin Venad, Rushabh Shah, Ankit Agrawal, and Sankalp Kelshikar, Cityflo aims to provide an alternative commuting solution. The company has served over 2.5 million corporate professionals in Mumbai and Hyderabad. «Delhi's commuters are facing challenges with unreliable schedules and subpar vehicle conditions, even from global mobility players. We are here to change that narrative. Our commitment is to provide a dependable, comfortable, and seamless travel experience that professionals can count on every day,” said Jerin Venad, Co-founder and CEO, Cityflo.

Elon Musk? The simple answer is-Yes. As stock of Tesla continues to decline, the investors of the company are not pleased that their precious stock is taking a nasty hit and have expressed growing frustration with the same, marking its sixth consecutive session of losses. The automaker's shares fell for six straight days as of Thursday, continuing a remarkable decline of 25 percent since the start of the year. The losing streak finally came to an end on Friday, but it's a small reprieve amidst a lengthy slump. ALSO READ: Trade war and inflation: How Trump's tariffs on China, Canada and Mexico will ripple US economy

The appointment, effective from Monday (3 March), will see Harrison bring over 35 years of experience in investment management to the board. «We are excited to welcome Peter to our board of directors, where his experience is particularly valuable as we further strengthen our asset management business,» said Peter Orszag, CEO and chair of the board. «Peter exemplifies the world-class leadership we attract to Lazard, and his network of relationships in the UK and globally will help us advance our long-term growth strategy.» Schroders names Oliver Gregson as wealth management CEO P...

Subscribe to enjoy similar stories. Fendi celebrated its 100 years at the recent Milan Fashion Week, with the house’s matriarch, Silvia Venturini Fendi, revisiting the luxury brand's archives. The show opened with Dardo and Tazio Vascellari Fendi, the sons of Delfina Delettrez Fendi (Silvia's daughter and the label’s artistic director of jewellery), wearing equestrian ensembles that the late longtime creative director Karl Lagerfeld designed for the brand.

Tim Cook announced that Apple has a new product launch coming this week. The short teaser video posted on X reads: “There’s something in the Air.” This strongly suggests that Apple will unveil a new MacBook Air. The upcoming model is expected to feature the M4 chip and will retain the familiar 13-inch and 15-inch designs of its predecessor. The M4 chip is set to bring significant upgrades for MacBook Air users. While the current model supports up to 24GB of RAM, the new version is likely to increase that limit to 32GB. Additionally, users can expect improved memory bandwidth, two extra CPU cores, and a 12MP Center Stage camera. This strongly suggests that Apple will unveil a new MacBook Air. The upcoming model is expected to feature the M4 chip and will retain the familiar 13-inch and 15-inch designs of its predecessor.

Subscribe to enjoy similar stories. Zoho Corp plans to make two artificial intelligence-based internal foundational models public by the end of the year, group chief executive officer Shailesh Davey said in an interview with Mint. The cloud software startup is also working on foundational models to support Indian languages, though it does not have a timeline on when they will be launched, Davey said.

Dalmia Bharat, the country's second-oldest cement manufacturer that began its industrial journey in pre-independent India, is investing significantly to build fresh nationwide capacity to meet surging demand from industries as diverse as housing, public infrastructure, and commercial assets. Puneet Dalmia, MD and CEO, announced a capital expenditure of ₹3,520 crore to take Dalmia Bharat's capacity to 55.5 million tonnes a year, cementing its leadership credentials in the rapidly consolidating home market. «India is one of the fastest growing economies, and it is a large economy. So, it offers the benefit of scale,» Puneet Dalmia told ET. «Average per capita consumption is 280 kg, while the global average is 550 kg. In high growth phases, economies have seen cement consumption grow to 750-800 kg per capita. So, there is potential to go 3x from here.» Dalmia acknowledged that short-term headwinds existed in the form of a price war that was driving down margins of players but believes that doesn't change the long-term view. He attributed the price war to a phenomenon where players were prioritising market share over margins in the backdrop of consolidation in the sector.

Nvidia’s recent earnings call, CEO Jensen Huang dropped powerful eight words that could have a major impact on the future of the company and its investors: “Future reasoning models can consume much more compute,” as quoted by The Motley Fool.

Jio Platforms Limited, along with Nokia, AMD and Cisco announced Monday an open AI platform for telecommunications. The collaborative platform will offer real-world, AI-driven solutions to drive efficiency, security, capabilities, and new revenue opportunities for telecom service providers, the companies said in a joint statement Monday at the Mobile World Congress in Barcelona. The Open Telecom AI Platform will be built with Jio as the first customer, creating a replicable reference architecture and deployable solution for the broader global service provider industry.

marine fuel firm Haltbakk Bunkers has halted its fueling of US warships after a heated and public exchange between Ukrainian president Volodymyr Zelensky, US president Donald Trump, and vice president JD Vance at the White House on Friday, as per a report.

Subscribe to enjoy similar stories. India’s second-largest pathology lab chain, Metropolis Healthcare, is strengthening its foothold in North India with another acquisition. The diagnostics player announced Monday that its wholly-owned subsidiary, Metropolis Clinical Pathology Pvt.

The note dated Sunday was the latest from analyst Adam Jonas, a longtime Tesla bull who has praised the company's push beyond autos as sales face pressure from high U.S. borrowing costs and fierce Chinese competition including from BYD.