Divya Delhi:  Elon Musk led Tesla signed a lease to open its first showroom in Mumbai, a major step toward entering the Indian market. Registration paperwork show the company will sell imported electric cars in the country, Reuters said. bReuters reported that the EV company has chosen  and Mumbai locations f...

 Divya Delhi : The declining Indian rupee and global commodity prices could affect retail inflation targets, according to Bank of Baroda. The analysis warned that a falling rupee will raise import prices and inflation. The paper also noted that US trade measures like tariffs may raise global commodity prices, whic...

Divya Delhi : SpiceJet is facing new insolvency claims from three Irish aircraft leasing companies and a former pilot. The parties alleged the airline of defaulting on rent and employment payments, adding to the financial strain as it attempts to resume operations. Three Irish lessors, NGF Genesis Ltd, NGF Charlie Ltd,...

Divya Delhi:  Bankers made a bizarre mistake last week, almost transferring $6 billion to a wealth account. The instance informed most banks' wealth management teams to handle entering quantities. According to Bloomberg News, The investigation said a transfer staffer copied and pasted the account number into a...