Days after the government cut corporate tax rate, Maruti Suzuki, the country’s biggest car-maker announced a reduction in prices. Maruti Suzuki has reduced the price of select models by ₹5,000 (on ex-showroom price), effective from today. The price cut will be applicable on all variants of Alto 800, Alto K10, Swift Diesel, Celerio, Baleno Diesel, Ignis, Dzire Diesel, Tour S Diesel, Vitara Brezza and S-Cross, Maruti Suzuki said.
Breaking silence over his India plans, Tesla CEO Elon Musk has blamed high import duties on electric cars for blocking the entry of Tesla vehicles in the country. India has taken a slew of measures to promote the use of electric cars in the country. It recently slashed Goods and Services Tax (GST) on electric vehicles to five percent from the earlier 12 percent, but it levies high duty on imported vehicles to protect domestic automakers. “I’m told import duties are extremely high (up to 100 percent), even for electric cars. This would make our cars unaffordable,” Musk said late on Thursday while responding to a tweet from an Indian follower.
Swedish music streaming app Spotify now has 232 million monthly active users (MAUs)globally, a 29 percent increase year-on-year (YoY), along with 108 million premium subscribers which are also 31 percent (YoY) growth.
Apple today is nearly a $1 trillion-dollar company and despite the global slowdown, has been able to not only maintain its growth trajectory but also diversified into services, entertainment and other verticals that are bringing in more moolah than its devices segment. Considered a “colourless, unimaginable drone”, Timothy Donald Cook who joined Apple at age 37 in 1998 has successfully proved he is a better CEO than late Steve Jobs.
Tesla CEO Elon Musk is courting trouble again with the US Securities and Exchange Commission (SEC) over his controversial Twitter activities, this time revealing Tesla’s solar production numbers on the micro-blogging platform.
Creating a new business model, finding the right partners and getting the last mile connectivity are key pillars of success for businesses in this world which is increasingly getting digitized, a top Cisco executive has said.
Despite the trade war between the US and China, Chinese smartphone giant Huawei’s revenue for H1 2019 increased 23.2 percent to touch 401.3 billion yuan (approximately $58.3 billion), the company announced on Tuesday. The company’s net profit margin for H1 2019 was 8.7 percent. According to Huawei’s Chairman Liang Hua, operations are smooth and the organization is as sound as ever. With effective management and excellent performance across all financial indicators, Huawei’s business has remained robust.
CBSE dismisses viral notice claiming board exam postponement in Middle East
More than 93,000 posts vacant in paramilitary forces: Govt informs Rajya Sabha
NMC asks state medical councils to start internship allotment for foreign medical graduates
Meghalaya board postpones two Class 12 exams in West Garo Hills after clashes
US burns $11.3 billion in first six days of Iran war
US burns $11.3 billion in first six days of Iran war
Iran lays down three conditions to end war with US and Israel
Lockdown shadows return as LPG crunch shuts eateries and kills jobs
Gunman’s 20-year plot to kill Farooq Abdullah fails at Jammu wedding
Indian sailor killed as Iran strikes oil tankers in Gulf war escalation
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