Making it clear that relaxations will not be provided to US-based electric vehicles major Tesla unless it participates in manufacturing activities in India, Union Minister Krishan Pal Gurjar on Tuesday said there cannot be a situation where the market is India but jobs are created in China. The minister of state for heavy industries also told the Lok Sabha during Question Hour that the company is yet to apply for schemes as per the government's policy. Last year, the Elon Musk-led company sought a reduction in import duties on electric vehicles (EVs) in India but the Ministry of Heavy Industries asked the firm to start manufacturing its iconic EVs in the country before any tax concessions can be considered.
The number of loss-making state-owned enterprises was 54 as on March 2008. The cumulative losses in these enterprises increased to Rs 96,636 crore (Rs 966.36 billion) in 2007-08 from Rs 77,826 crore (Rs 778.26 billion) in 2004-05.
The government is planning to offload stake in HMT Bearings Ltd (HBL) and is scouting for joint venture partners in some other state-owned firms in a bid to revive sick units.
In a bid to improve coordination between the party and the government, at least one Union minister will be available at the BJP headquarters everyday starting Wednesday to hear grievances and suggestions from partymen.
Video footage of the incident showed Supriyo standing on the footboard of a vehicle and a stone landing on his chest.
Exports of 'Made-in-India' vehicles have touched Rs 2,928 crore (Rs 29.28 billion) during April-October 2003 after growing by 32.4 per cent in value terms during 2002-03 to Rs 3,396 crore (Rs 33.96 billion).
From Bollywood strong men to cricketing greats, celebrities upped the glam quotient this poll season. Some we will see as future MPs, the others just have to get back to business. Rediff.com takes a look at some popular faces, who fought Election 2019 and here's the verdict on them.
The company faces fine of up to $18 billion in the US.
In all, 25 Chairman-cum-Managing Director (CMD) posts, 8 MD posts and 2 Chairman posts are lying vacant, according to a written reply by Minister of State for Heavy Industries and Public Enterprises P Radhakrishnan in the Lok Sabha.
During Hasina's visit, which is her first after Modi assumed office in 2014, the two sides will be signing at least 25 pacts in various key sectors including civil nuclear cooperation and defence, but any agreement on the Teesta water sharing is unlikely to be inked.
Minority Affairs Minister Najma Heptulla, who had crossed 75 years, resigned on Tuesday from the Union Cabinet along with Minister of State for Heavy Industries G M Siddeshwara.
Young, raw energy from India's engineering colleges on display!
Eleven bodies have been recovered so far as massive rescue operations continued at the building collapse site at Mugalivakkam near Porur in Chennai even as police said they have arrested five persons in connection with the tragedy.
Former Union Minister P K Thungon was on Monday awarded a four-and-a-half year jail term by a Delhi court in connection with a case lodged in 1998 pertaining to misappropriation of Rs 2 crore released by the Centre.
With the Supreme Court reinforcing its stay on jallikattu, the state BJP hopes it can persuade its party leadership to bring in an ordinance. But this is a path filled with risk, reports R Ramasubramanian.
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