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NEW DELHI: An IndiGo Airbus A321 (VT-ICM) suffered a tail

India’s semiconductor plans are beginning to take shape, with a

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NEW DELHI: An IndiGo Airbus A321 (VT-ICM) suffered a tail strike during landing in Mumbai on Saturday morning amid heavy rain. The aircraft was flying in from Bangkok as 6E

India’s semiconductor plans are beginning to take shape, with a deliberate focus on producing mature-node chips rather than competing in the global race for cutting-edge technology. The country is targeting

Nifty 50 could fluctuate between 11 per cent below and 4 per cent above its year-end target of 25,000 as markets face a host of uncertainties, according to a report

File photo: PM EAC member Sanjeev Sanyal (Picture credit: ANI) India’s sovereign credit upgrade from S&P Global Ratings was “much required” but still leaves the country rated below its true

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MUMBAI: CareEdge Ratings is positioning itself as a global player in sovereign and cross-border corporate ratings through its Gift City-based subsidiary, CareEdge Global IFSC, and is engaging with global debt

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Tesla’s India head resigns ahead of long-awaited market entry: Report

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Tesla’s India head resigns ahead of long-awaited market entry: Report

Tesla’s country head for India has stepped down after nearly nine years with the electric vehicle giant, just as the company moves closer to launching operations in one of the world’s fastest-growing auto markets, according to a report by Bloomberg News.The report, citing sources familiar with the matter, stated that Tesla’s China team will now oversee Indian operations, and no immediate successor has been named. Menon is also reportedly stepping down as the chairman of Tesla India’s board.Tesla, led by CEO Elon Musk, has been eyeing an India entry for years, and the recent developments suggest that the company is finally putting pieces in place. Despite the leadership shake-up, Tesla appears to be pushing ahead with its plans, having secured retail showroom locations and posted close to two dozen job openings in India. These include roles in store management, service operations, and customer relations—clear indicators of an impending launch.The timing of Menon’s exit coincides with ongoing trade talks between India and the US, which could lead to a lowering of auto import tariffs. Such a move would be a major win for Tesla, which aims to import and sell cars in India before potentially ramping up local production.





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