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In a strategic move that has set the financial world abuzz, Elon Musk, the visionary CEO of Tesla, has increased his ownership in the electric vehicle powerhouse to over 20% from a previously reported 13.3% in May.
Gujarat's GIFT City is aiming to become India's first international financial hub, with over 500 companies already operating there. However, some critics argue that the city lacks the cosmopolitan atmosphere necessary to compete with global financial centers like Singapore and Dubai. The government is making efforts to address these concerns by developing infrastructure, extending the metro line, and allowing alcohol consumption within the city. | Latest News India