Tesla chief Elon Musk will be on a two-day visit to India over the weekend, on April 21 and 22. The billionaire is scheduled to meet Prime Minister Narendra Modi and is also expected to announce some major decisions regarding Tesla and his Starlink internet service.Senior Tesla executives reportedly held a meeting with the Rajasthan government recently. Rajasthan is the latest in a growing list of...

Musk will be visiting India to meet PM Modi later in April and will likely announce plans to invest and open a new factory in the country, according to reportsShares of several auto ancillary companies including Sandhar Tech and Sona BLW Precision surged up to 7 percent on April 12 after Tesla CEO Elon Musk announced his India visit. In a post on the X platform on April 10, Musk said that he is lo...

India equity markets are likely to open lower on Friday amid mixed global cues. Early trends on SGX Nifty hinted at a negative start for benchmark indices BSE Sensex and NSE Nifty 50. Nifty futures were trading 45.5 points, or 0.25% lower at 17,958.5 on the Singapore Exchange, ahead of today’s session. “The earnings season is over but festive season is about to begin which is expected to be no...

MUMBAI: The initial public offering (IPO) of Sona BLW Precision Ltd, or Sona Comstar, an automotive component manufacturer, backed by private equity firm Blackstone Group, will open on 14 June. Price band for the issue has been fixed at Rs285-291 per share. The issue will close on 16 June.The firm will raise Rs5,550 via IPO. It consists f a fresh issue of Rs300 crore and an offer for sale of Rs5,2...