Vivo Executive, Three Others Arrested by ED in Money Laundering Case

[ad_1] India’s financial crime agency on Tuesday arrested four industry executives including one Chinese national working for smartphone maker Vivo in India in a case of alleged money laundering, according to legal papers and lawyers working on the case.  The arrest adds to the legal troubles of the Chinese phone maker in India and comes … Read more

Gemini Crypto Exchange to Invest Up to Rs. 200 Crore in India as Part of Expansion Plans

[ad_1] Gemini crypto exchange, originally based in the US, is now exploring foreign nations to expand its operations in and India seems to have caught its attention. Gemini first forayed in India back in May and after testing the waters for the last four months, the crypto exchange has decided to broaden its presence in … Read more

Tesla Said to Have Proposed Plans to Set Up Battery Storage Systems in India

[ad_1] Tesla has drawn up plans to make and sell battery storage systems in India and submitted a proposal to officials seeking incentives to build a factory, two people aware of the plan said, as Elon Musk continues a push to enter the country.  Tesla has been in talks about setting up a new electric … Read more

Nexon.ev Will Deliver ‘Gadgetised’ Premium Experience: Interview With Vivek Srivastava

[ad_1] Tata Passenger Electric Mobility has recently introduced its new brand identity, TATA.ev, and the company has also incorporated this identity into the facelift version of the Nexon EV. The company has included “gadgetisation” and digitalisation into the new Nexon EV. Gadgets 360 got a chance to sit down with Vivek Srivastava, Head of Marketing, Sales, … Read more

Apple Supplier Foxconn Aims to Double Jobs, Investment in India Over Next 12 Months

[ad_1] Apple supplier Foxconn aims to double its workforce and investment in India by next year, a company executive said on Sunday. Taiwan-based Foxconn, the world’s largest contract manufacturer of electronics, has rapidly expanded its presence in India by investing in manufacturing facilities in the south of the country as the company seeks to move … Read more

ISRO to Conduct Key Test for Gaganyaan Space Mission in October

[ad_1] India is set to conduct a key test in its ambitious crewed space mission Gaganyaan as early as next month, the project director of the mission R Hutton told Reuters. The Indian Space Research Organisation (ISRO) is currently training four astronauts and looking to expand the cohort as it aims for more future manned missions, Hutton … Read more

Centre to Draft New Policy to Attract EV Manufacturers, Bring Investment: Piyush Goyal

[ad_1] India will come up with a new policy to attract electric vehicle (EV) manufacturers and encourage greater investment in the sector, the commerce minister said on Wednesday. Piyush Goyal’s comments come as US EV maker Tesla continues talks with Narendra Modi’s administration on the possibility of building a factory in India. Reuters last month … Read more

Amazon Web Services Signs MOU With ISRO, IN-SPACe to Support Space Tech With Cloud Services

[ad_1] Amazon Web Services (AWS) has signed a memorandum of understanding with ISRO and IN-SPACe to support space-tech innovations through cloud computing. The collaboration with ISRO and the Indian National Space Promotion and Authorization Centre (IN-SPACe) is aimed at giving space startups, research institutes and students access to cloud technologies through AWS Activate for new … Read more