Tesla is eyeing an investment of up to $2 billion to set up its factory in India if it gets a 15 per cent concessional duty on imported vehicles in its first two years here, The Economic Times (ET) reported on Friday.

The US-based carmaker has provided the Centre with a proposal for the investment, the report added. If it gets a concessional duty for 12,000 vehicles, it may invest $500 million in India. This may go up to $2 billion if the concession extends to 30,000 vehicles.

Google is adding the ability to understand and analyse YouTube content to its AI chatbot Bard. In a recent post to Bard changelog, Google said that they are expanding the Bard YouTube Extension to understand some video content so that the user can have a richer conversation with the chatbot about it.

Bard extensions for all Google services and apps were announced in September. Although the chatbot did gain the ability to analyse YouTube videos in the initial update, it did not involve in-depth analysis of the video content.

Madhya Pradesh Chief Minister Shivraj Singh Chouhan said that Ladli Behna Yojana has been a game changer for the ruling Bharatiya Janata Party (BJP) in the state. He also expressed confidence in winning the state Assembly election.

In an interview with News18, CM Chouhan said that women had flocked to vote for the saffron party as money had come directly to their bank accounts.

Tuticorin-based Tamilnad Mercantile Bank (TMB) has said that it has finalised three candidates for the post of managing director (MD) and chief executive officer (CEO).

"We wish to inform you that pursuant to the recommendation of the Nomination and Remuneration Committee of the Board, the Board of Directors of the Bank in its meeting held on November 22, 2023, has finalised the names of three candidates, in the order of preference, for the position," the bank said in a regulatory filing.

Students who have cleared 10+2 with physics, chemistry and mathematics as their core will still have the option to pursue National Eligibility cum Entrance Test (Undergraduate) or NEET (UG). According to the latest guidelines by the National Medical Commission (NMC), students must pass a biology or biotechnology exam as an additional subject on the 10+2 level from any recognised board.

The public notice was issued to address numerous queries and pending court cases related to recent developments in medical education eligibility criteria.

Shares of Honasa Consumer hit a new high at Rs 422.50, as they zoomed 20 per cent on the BSE in Friday’s intra-day trade after the company reported a strong 93 per cent year-on-year (YoY) increase in its net profit to Rs 29.4 crore for the quarter ended September (Q2FY24).

The parent firm of direct-to-consumer (D2C) brands like Mamaearth, The Derma Co, and BBlunt, had recorded a loss of Rs 15 crore in the year ago period. Profit in the previous quarter (Q1FY24) was Rs 24.7 crore.

Jio Financial Services has submitted an application to the Reserve Bank of India (RBI) for converting the company into a core investment company (CIC) from a non-banking financial company (NBFC), the firm informed the exchanges.

According to the exchange notification, This is to inform that as mandated by the Reserve Bank of India (while granting its approval for change in the shareholding pattern and control of the company pursuant to the demerger of the Financial Services Business from Reliance Industries Limited into the Company).

Air quality in Delhi slipped into the "severe category" on Wednesday, from the "very poor" category a day earlier, according to the Central Pollution Control Board (CPCB). The National Capital experienced "very poor" air quality on Tuesday, with an air quality index (AQI) of 323.

According to the CPCB, the Air Quality Index (AQI) at Anand Vihar stood at 405, and in Jahangirpuri, it was recorded at 428. In Dwarka Sector 8, AQI stood at 403. AQI in Major Dhyan Chand National Stadium was recorded at 404.

The income tax (I-T) department has discovered tax evasion of about Rs 10,000 crore over three years, The Economic Times (ET) reported. The evasion is reported to have been done by online retailers selling products via social media platforms such as Instagram and Facebook. The I-T department has sent notices to 45 brands operating across the country, the report said. Other companies will likely be sent similar notices soon. The said companies were either not paying their taxes or had underreported their incomes, according to The Economic Times.

The Enforcement Directorate (ED) has issued a showcause notice of Rs 9,362 crore to Think & Learn, the company behind Byju's education platform, and its founder Byju Raveendran for alleged violations of forex rules while attracting foreign investments from 2011 to 2023.

The central probe agency has charged them with contravening forex provisions, as per an order issued by the adjudicating authority of the Foreign Exchange Management Act (Fema).

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