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Amazon announces its first manufacturing line in India

The announcement followed after a meeting between Senior Vice President, Amazon India Amit Agarwal, and Minister of Information and Technology Ravi Shankar Prasad. On Tuesday, Amazon announced that it will launch its first manufacturing unit in India later this year....

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Tesla to start manufacturing cars in India, says Karnataka CM

Karnataka Chief Minister BS Yediyurappa officially confirmed that Elon Musk-owned Tesla would set up an electric car manufacturing unit in Bengaluru.  American electric vehicle company Tesla Inc has been hinting about kick-starting its operations in India for a while. The...

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Twitter CEO announces Bitcoin development fund for India

On Friday, Twitter CEO Jack Dorsey announced that he along with American artist Shawn Corey Carter, famously also known as Jay-Z, plans to launch an endowment fund for the development of Bitcoin in India and Africa. An endowment fund is...