BUSINESS
Tesla invests $3.6 bn in Nevada, will add 3k new team members
The company also said that it will add two new factories -- a 100 GWh 4680 cell factory (with a capacity to produce enough batteries for 1.5 million light-duty vehicles annually), as well as its first high-volume Semi factory. "Semi is our fully electric combination truck, with 500 miles of range and energy consumption of less than 2 KWh per mile," said Tesla in a blogpost.
Status of 2-day nationwide bank strike will be known on Jan 27
"The strike call for January 30 and 31 stands. At the conciliation meeting held by Deputy Chief Labour Commissioner in Mumbai on Tuesday, no concrete assurance on resolution of our demands emerged. On the other hand, the Indian Banks' Association (IBA) said it was ready to hold discussion with the United Forum of Bank Unions (UFBU) within 15 days," C.H. Venkatachalam, General Secretary, All India Bank Employees' Association (AIBEA) told IANS.
Microsoft logs slowest quarter growth in 6 years, PC sales nosedive
Revenue was $52.7 billion and increased 2 per cent while net income was $16.4 billion, decreased 12 per cent for the quarter that ended December 31. Revenue in the 'More Personal Computing' was $14.2 billion and decreased 19 per cent. While Windows OEM revenue decreased 39 per cent, Xbox content and services revenue decreased 12 per cent and devices revenue decreased 39 per cent.
FBI accuses N.Korean govt-backed hackers for $100 mn crypto heist
The cryptocurrencies were stolen from Harmony's Horizon bridge, which allows users to transfer cryptocurrency from one Blockchain to another. The FBI said in a statement that the North Korea-based Lazarus Group (also known as APT28) cyber actors "are responsible for the theft of $100 million of virtual currency from Harmony's Horizon bridge reported on June 24, 2022".
Bloomberg Billionaires Index: Gautam Adani slips to 4th position, Mukesh Ambani at 12th spot | Here's Top 12 list
Meanwhile, Amazon founder Jeff Bezos has moved up to the third spot, with a net worth of $121 billion, only slightly ahead of Adani. Despite the setback, Adani, who oversees a diverse range of industries including infrastructure, airports, FMCG and cement, remains a formidable contender to reclaim the third spot.
Air India reviews in-flight alcohol policy after 'pee-gate'
The move came after the airline drew flak following the 'pee-gate' incident, wherein a flyer named Shankar Mishra reportedly urinated on an elderly female passenger in a drunk state on board a New York-New Delhi flight in Novermber last year. Mishra is presently under judicial custody.
Government calls all-party meeting on Jan 30 on eve of Budget Session
The customary meeting has been convened by Parliamentary Affairs Minister Pralhad Joshi just ahead of the budget session, which begins on January 31. The government is likely to reach out to all the parties, mainly the Congress, Trinamool Congress and other Opposition parties, to seek their cooperation for a smooth functioning of the session.
Industrialist Naveen Jindal gets letter claiming threat to life
A police officer said on Tuesday that a case has been registered against a prisoner at Bilaspur Central Jail after a complaint in this regard was received on Monday. The police said that Naveen Jindal, Chairman of Jindal Steel and Power Limited, had received death threats through a letter, after which a complaint was filed by the company's general manager, Sudhir Roy.
SBI Cards Q3 PAT at Rs 509 crore on reduced NIM
In a regulatory filing, the company said for the quarter ended December 31, 2022, it had earned a total operational revenue of Rs 3,507.12 crore (Q3FY22 Rs 2,889.46 crore) and a net profit of Rs 509.46 crore (Rs 386.77 crore). However the after tax profit for the period under review is lower than the Rs 525.64 crore profit the company had posted for Q2 of this fiscal.
Indians can now afford 5G smartphones at just Rs 44 a day: Samsung India
Aditya Babbar, Samsung India's Senior Director of Mobile Business, told IANS that the early launch of new 5G smartphones is part of the company's 5G-first strategy and will help the South Korean company secure 75 per cent of its smartphone business through 5G devices this year.
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