Elon Musk brings in China’s Tesla chief to head the new Tesla Gigafactory in Austin, Texas- Technology News, FP

Mehul Reuben DasDec 08, 2022 21:10:40 ISTElon Musk has brought longtime executive and the company’s president in China, Tom Zhu, to help run the carmaker’s new plant in Austin, Texas,…

Continue ReadingElon Musk brings in China’s Tesla chief to head the new Tesla Gigafactory in Austin, Texas- Technology News, FP

Tesla makes its debut in Thailand, launch the Model 3 and Model Y amid tough competition from Japan- Technology News, FP

FP StaffDec 08, 2022 20:30:49 ISTTesla has finally made its debut in the Thai market. The American EV maker launched two of its most iconic electric cars, the Model 3…

Continue ReadingTesla makes its debut in Thailand, launch the Model 3 and Model Y amid tough competition from Japan- Technology News, FP

Lay offs are deemed illegal if not carried as per Industrial Disputes Act: Minister Yadav

Amid reports of mass layoffs by several firms, including in the IT sector, Labour and Employment Minister Bhupender Yadav on Thursday said any retrenchment and layoffs are deemed to be…

Continue ReadingLay offs are deemed illegal if not carried as per Industrial Disputes Act: Minister Yadav

Online gaming platforms want their users to believe that their products are a game of skill. Are they really?- Technology News, FP

Mehul Reuben DasDec 08, 2022 19:37:47 ISTThis article is a part of a larger series on Online Gaming in India. The previous article deals with what exactly is the difference…

Continue ReadingOnline gaming platforms want their users to believe that their products are a game of skill. Are they really?- Technology News, FP

Hindustan Unilever enters health and wellness with two D2C investments

FMCG major Hindustan Unilever (HUL) has forayed into the Rs 30,000 crore health and wellness industry with strategic investments in two direct-to-consumer brands—Zywie Ventures and Wellbeing Nutrition. Both transactions are expected to…

Continue ReadingHindustan Unilever enters health and wellness with two D2C investments

Online gaming industry okay with 28% GST on gross gaming revenue and not on entry amount

Online skill-based gaming industry has okay-ed the government raising GST on online gaming to 28% from 18% only if it is levied on gross gaming revenue (GGR) and not on…

Continue ReadingOnline gaming industry okay with 28% GST on gross gaming revenue and not on entry amount