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EV SUBSIDY FRAUD
What sparked a revolution now struggles for traction: Ola's cautionary taleOla Electric faces challenges with financial losses and regulatory scrutiny. Maharashtra government ordered closure of many showrooms. Sale...- DOGE is the monster that might have to go back and eat Elon: TrumpElon Musk and President Trump reignited their public feud over Trump's spending bill. Musk criticized the bill, vowed to oppose supporting ...
- Elon Musk to be deported? Trump’s bold warning raises explosive questions about Tesla CEO’s futureThe ongoing feud between US President Donald Trump and his former first buddy Elon Musk refuses to dial down. Trump today issued a stark wa...
- Did Elon Musk's DOGE mislead the public about social security fraud? New data suggests...Elon Musk's DOGE is under scrutiny for claims of widespread Social Security fraud, used to justify proposed reforms. DOGE claimed massive f...
- Death of the sustainability poster child: What does it teach us?BluSmart, an electric vehicle cab service, shut down due to financial mismanagement. The company's failure raises concerns about oversight ...
- Nab a Gensol, catch a con: How India Inc’s green dreams turn into grifting nightmaresThe Gensol Engineering fiasco highlights corporate governance issues in India, where promoters prioritize personal gain over public interes...
- Hero Electric faces insolvency as bidders invited, probe ongoingHero Electric, India's first electric scooter maker, is undergoing insolvency resolution under the IBC due to a default of Rs 1.85 crore. T...
- Elon Musk’s empire tells its own DOGE storyElon Musk's role in the Department of Government Efficiency under President Trump presents significant financial conflicts of interest, as ...
- NCLT admits insolvency plea against Hero ElectricHero Electric Vehicles has entered the insolvency resolution process following a plea from Metro Tyres, who claims unpaid dues of ₹1.85 cro...
- Three EV makers raided for Rs 297 cr subsidy 'fraud'The SFIO has searched Hero Electric, Benling India, and Okinawa Autotech for allegedly availing ₹297 crore in subsidies under the FAME II s...
- SFIO holds search operations at Hero Electric, other cos for fraudulent availing of subsidies worth Rs 297 crores under FAME IIThe SFIO has conducted searches at Hero Electric, Benling India, and Okinawa Autotech for fraudulent subsidy claims worth Rs. 297 crores un...
- Zomato raises Rs 8,500 crore; subsidy package for electronicsZomato has closed its Rs 8,500 crore qualified institutional placement (QIP) mainly from domestic investors. This and more in today’s ETtec...
- Musk lavished time, attention & tens of millions of dollars on Trump’s reelection. What's in it for him?Musk is deeply investing resources to support Donald Trump's reelection, raising concerns about potential conflicts of interest. Musk’s sig...
- A pivot to China saved Elon Musk. It also binds him to Beijing.Elon Musk's intricate relationship with China through Tesla's Shanghai venture showcases both success and challenges. Musk's endeavors, inc...
- Sustainability and innovations to drive the future of fuelThe National Green Hydrogen Mission, with a budget of Rs 19,744 crore, was approved by the Centre in January 2023 to make India a hub to pr...
- TikTok’s future hangs in balance amid possible US ban & other top tech stories this weekEarlier this week TikTok said it has more than 150 million monthly users (nearly half the population) in the US, up from 100 million just a...
- Govt is planning to allocate more FAME II funds for E-buses amid allegations of EV subsidy fraudThe move comes even as investigations are underway against a dozen electric two-wheeler makers for alleged violations of the local value-ad...
- Karnataka's broadens scope of proposed cybersecurity policy, draft to be ready in 3 monthsCybersecurity has acquired heightened importance from governments and corporates after the Covid-19 pandemic led to people taking to digita...
- US-based Dover Fueling Solutions opens manufacturing facility in Navi MumbaiDFS is a new operating company within Dover Corporation that brings together several iconic brands within the retail fuel industry such as ...
- Budget 2016: Full text of Finance Minister Arun Jaitley's speechJaitley presented his third budget which took on the fiscal and physical health of the nation by setting the fiscal deficit target at 3.5% ...
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