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In a week charged with political buzz, the BJP government came back to power after a stormy election, but without a full majority that left it dependent on the whims of its alliance partners. Unnerved, the markets went into a tailspin on counting day, with both benchmark indices, Sensex and Nifty50, dropping 8% intraday. They recovered a day later as hopes of a stable government revived.
Happy Wednesday! Top bosses at some of the countrys leading IT firms took home enhanced salary packages last fiscal. More on this on todays ETtech Morning Dispatch.
This comes at a time when the company is fighting a number of legal battles with its stakeholders in the National Company Law Tribunal.
The Minister's post on X came in response to a comment by Aarin Capital chairman TV Mohandas Pai who said Telangana government was in talks with Tesla to set up an electric car plant. "Is GoK wooing Tesla and Elon Musk to come to Karnataka? Best place in India!" the former Infosys director and CFO said.
Tesla Karnataka: The Minister's post on X came in response to a comment by Aarin Capital chairman TV Mohandas Pai who said Telangana government was in talks with Tesla to set up an electric car plant. "Is GoK wooing Tesla and Elon Musk to come to Karnataka? Best place in India!" the former Infosys director and CFO said.