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Tesla downsizing solar business, shuttering several offices

Tesla had controversially acquired SolarCity, run by two of Elon Musk’s cousins, in what critics had termed a bailout at the expense of Tesla shareholders. Now, it is closing several solar installation offices and downsizing staff

India hikes duties on 28 items imported from US

The higher import duties will raise the prices of some varieties of apples, almonds, chickpeas, lentils, walnuts and artemia, most of which are imported from the United States

Chameleon-inspired nanolaser changes colors

Inspired by nature, researchers have developed a novel nanolaser that changes colours using the same mechanism as chameleons; this could help in advances in flexible optical displays in smartphones and televisions, wearable photonic devices and ultra-sensitive sensors that measure strain

China silent on trilateral, but wants India and Pakistan to cooperate

China has distanced itself from the proposal for a trilateral meeting of India, China and Pakistan under the aegis of the SCO, but said New Delhi and Islamabad must find ways of strengthening dialogue and mutual trust

Panama Papers to the fore again: Bachchan, Lionel Messi implicated

A fresh trove of 1.2 million documents linked to the defunct Panamanian firm Mossack Fonseca reveal fresh details that appear to implicate Bollywood star Amitabh Bachchan, footballer Lionel Messi, and the family of Argentina’s president, among others

Trump relents, issues order to stop separation of illegal families

The move follows withering criticism for the heavy-handed and cold-hearted response to an immigration crisis after the implementation of the zero-tolerance policy, resulting in children being forcibly separated from parents who illegally cross the border

Tata Group's IHCL acquires The Connaught in NDMC auction

The Indian Hotels Company Ltd has agreed to pay over Rs1,866 crore in annual licence fee for The Connaught, a premium hotel in Lutyen's Delhi, to acquire a 33 year lease right for the property

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Pioneering change is the key for successful business leaders

Change is not encoded in the DNA of an organization, yet it is essential for growth. The key requirement is a visionary leader who can create a core team with a common vision and focus to spearhead change, says Tapas Gupta, founder and MD of BEI Confluence Communication and formerly president and CEO of a McCann-Erickson agency

Migrating via investment: why US is inferior to Canada, UK, others

The US EB-5 Investor programme or ‘million-dollar green card programme’ requires you to tie up around $575,000 of funds for a long period with no guarantee of success; similar programmes in Canada, the UK or Europe have much less burdensome requirements and may make more sense, says  Ajay Sharma, president of Abhinav Oursourcings

The case for not taxing multinationals

Taxing MNEs' profits, as currently done, wastes resources and is detrimental to global welfare, a new study argues, and suggests we should, instead, tax dividends and sales

Do Indians need to worry about the rise of the robots?

While the number of robots deployed by Indian firms has seen a 200-fold increase in the 21st century, the country still has the lowest density of robots in the world, and they are mostly deployed in jobs that are difficult or dangerous for humans

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