Elon Musk congratulates PM Modi on election win, says he looks to do 'exciting work' in India
The Hindu
American tech billionaire Elon Musk said he is looking forward to his companies doing “exciting work” in India as he congratulated Prime Minister Narendra Modi on his historic Lok Sabha election victory.
American tech billionaire Elon Musk on Friday said he is looking forward to his companies doing "exciting work" in India as he congratulated Prime Minister Narendra Modi on his historic election victory.
Mr. Modi will be administered the oath of office on June 9, his third consecutive term as Prime Minister.
“Congratulations @narendramodi on your victory in the world’s largest democratic elections! Looking forward to my companies doing exciting work in India,” Mr. Musk said in a post on X.
The congratulatory message came two months after the CEO of the electric carmaker Tesla and microblogging platform X in April postponed his proposed visit to India due to "very heavy Tesla obligations".
Mr. Musk — who was expected to be in India on April 21 and 22 and scheduled to meet Prime Minister Modi — later wrote on X that he is looking forward to coming to India later this year.
In June last year, Mr. Musk met with Mr. Modi during the latter's U.S. visit and stated that he planned to visit India in 2024 while expressing confidence that Tesla would enter the Indian market soon.
His proposed visit had raised expectations that he would announce plans for electric car maker Tesla to set up shop in the country, along with his satcom venture Starlink.
Adani Enterprises Ltd stock dips on NSE and BSE after Kenyan project cancellations and U.S. court allegations.
HSBC Flash India PMI shows uptick in private sector activity, with rising cost pressures and increased prices for customers.
Rupee rises slightly against US dollar amid geopolitical pressures, foreign outflows, and domestic equities; Brent oil surges.
Sensex and Nifty rebound in early trade driven by value buying, bank stock rally, and positive global cues.
The pandemic-induced downturn marked a turning point for cab drivers in Bengaluru. According to Tanveer Pasha, president, Ola and Uber Drivers’ Association, the number of active cabs in the city has dropped from over 1 lakh before the pandemic to just around 30,000 today.
Amazon will likely face an EU investigation next year into whether it favours its own brand products, said sources.
White House addresses bribery charges against Indian billionaire Adani, expresses confidence in U.S.-India relationship.
NTPC Green Energy IPO oversubscribed by 93% on day 2, raising ₹3,960 crore for renewable energy projects.
Chief Economic Advisor advises India Inc to focus on productivity, R&D, and quality over reliance on weak currency for exports.
Private telcos lost over 1 crore wireless subscribers in September, while BSNL added 8.5 lakh users, refusing to hike tariffs.
Gautam Adani indictment may become a factor in future negotiations between the Adani Group and Bangladesh, energy experts in Dhaka say